Robert Gleason Fired by Cantella & Co. Over Concentration Letters

selective-focus-of-glasses-watch-pen-and-employment-termination-letter-on-a-white-wooden

Owensboro, Kentucky broker Robert Gleason (CRD# 1415067) was recently terminated from his position at Cantella & Company. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on March 3, 2022, he is currently registered with IFP Securities. Cantella & Company Terminated Robert Gleason over Trading Conerns In December 2021 Cantella & Company fired […]

How To Sue Your Financial Advisor

top-view-of-pen-magnifying-glass-a-cup-of-coffee-and-memo-notes-written-with-be-prepared-on-white

It is possible to sue your financial advisor if you feel that you have been wronged or unfairly treated by that individual or an advisory firm. However, the “lawsuit” that you would initiate in order to seek redress from an injury caused by the action or inaction of an individual broker or brokerage is not […]

Judge: Wells Fargo’s Lawyer Had Secret Deal with FINRA To Rig Arbitrations  

travel-religion-architecture-building-sculpture-stone-monument-old-art-justice

In a shocking decision, the Superior Court of Fulton, Couty Georgia recently found that Wells Fargo Advisors engaged in a scheme to “manipulate” and “secretly redline the neutral list” of FINRA arbitrators.  The decision was published on January 25, 2022 and can best be summarized by Judge Belinda Edwards’ factual conclusion: “The Court’s factual review […]

Oppenheimer Advisor Daniel Mittag Involved in $450,000 Investor Dispute

looking-down-at-a-busy-street-in-the-city-with-cars-moving-people-walking-on-the-sidewalk-keep-clear

Daniel Mittag (CRD #: 822636), a broker registered with Oppenheimer & Co., is facing investor allegations that he recommended unsuitable investments, according to his BrokerCheck record, accessed on January 10, 2022. There are two other investor disputes on his record – keep reading for more details. Investor Alleges that Daniel Mittag Engaged in Excessive Trading […]

Former Woodbury Broker Chuck Riggenbach Involved in Investor Dispute

Stock Prices Displayed

Chuck Riggenbach (CRD #: 1686839), a broker last registered with Woodbury Financial Services Inc., is facing a customer dispute regarding unsuitable investment recommendations, according to his BrokerCheck record, accessed on January 10, 2022. If you want to know more about Mr. Riggenbach’s career as a broker, keep reading. Investor Dispute Pending Before FINRA On September […]

Triad Advisors Pays Fine and Restitution to Resolve FINRA Complaint

business-stock-financial-finance-management-data-investment-trade-market-graph-analysis-marketing

In December 2021, FINRA announced that it reached a settlement with Triad Advisors concerning it recommendation of the LJM Mutual Fund to customers. Here are the important details: From September 2016 until February 2018, Triad failed to conduct reasonable due diligence into the risks and features of the LJM Fund. Triad sold $2,267,000 in LJM […]

Wells Fargo Ordered to Pay Customer Restitution of Over $3.3 Million

a-gavel-and-a-piece-of-paper-written-with-penalty-judge-crime-cash-payment-money-financial-concept

Wells Fargo Advisors was recently ordered by FINRA to pay over $3.3 million in restitution to investors. According to the agreement, Wells Fargo Advisors agreed that it failed to supervise representative’s 529 plan share class recommendations. The AWC is designed to compensate investors that were steered into higher fee funds. AWC Between Wells Fargo Advisors […]

Woodbury Financial Advisor Richard Allen Involved in Investor Dispute

nominated

Richard Allen (CRD# 1139391) has been embroiled in settled or pending customer disputes. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, last accessed on December 21, 2021, Mr. Allen is currently registered as a broker and an investment adviser with Woodbury Financial Services in Alpine, Utah. FINRA: Complaint Alleges up to $500,000 in […]

Investor Filed Complaint Involving Wells Fargo Advisor John Pasacreta Jr.

Processed with VSCO with s2 preset

John Pasacreta Jr. (CRD# 2398487) allegedly recommended unsuitable investments, according to a recently denied customer complaint against him. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on December 20, 2021, Mr. Pasacreta is registered as a broker and an investment adviser with Wells Fargo Clearing Services in Greenwich, Connecticut. Denied Complaints Allege […]

Efrain Trujillo Fired Over Customer Loan

last-stand

Efrain Trujillo (CRD# 3106482) was recently fired by his forner member firm over alleged rule violations. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, last accessed on December 20, 2021, Mr. Trujillo was most recently registered with Western International Securities in Los Angeles, California. Western International Securities Terminated Efrain Trujillo In October 2021 […]