Close
Skip to Content
High Contrast
Increase Text Size
Clear All
Toll Free
888-527-3427
Local
818-760-9880
Home
Meet The Attorneys
Jonathan W. Evans
Michael S. Edmiston
Firm Overview
In The News
On Social Media
Securities
Northstar Financial (Bermuda)
Broker Misrepresentation
Brokerage Firms Sued
FINRA
Structured Products
Hedge Fund Losses
Recognizing Investment Losses
NOP Myth
P&L
Recovery of Investment Loss
Securities Arbitration
Reverse Convertible
Misconduct
Affinity Fraud
Breach of Contract
Fraud
Failure to Conduct Due Diligence
Failure to Disclose Facts and Risks
Failure to Execute Trades
Misrepresentation/Omission
Overconcentration
Selling Away
Account Churning
Ponzi Schemes
Scams Involving High Yield CDs
Stockbroker Fraud
Transferring Your Investment Account
Theft/Conversion
Unauthorized Trading
Unsuitable Securities
Securities Fraud
Signs of Securities Fraud
Securities Mediation
Securities Litigation
Stock/ Investment Losses
Suitability/ Unsuitability
Unauthorized Trading
Common Claims
Breach of Fi-Du
Negligence
State Securities Laws
Suitability
Products
Annuities
Bonds
Limited Partnerships
Mutual Funds
Options
Principal Protected Notes
Private Placements
Promissory Notes
REITs
Reverse Convertibles
Stocks
Structured Products
TICs
UITs
Frequently Asked Questions
Attorney Referrals
Video Center
Testimonials
Recoveries Obtained
Site Search
Contact Us
Local Office
818-760-9880
Top
Private Securities Sales
Featured
Year
Select a Date
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
Clear All
February 23, 2022
Unsuitably Recommended and Sold to Investors, GWG Holdings L Bonds Lose Value, Paving Way for Arbitration
October 20, 2021
Morgan Stanley of Pasadena's Henry Chang Accused of Soliciting Outside Investments
July 26, 2019
GPB Capital Sued for Alleged Serious Financial Misconduct
July 16, 2019
Convicted Fraudster Daniel Vazquez Gets Prison for Swindling Seniors Out of $2.6 Million
June 13, 2019
Nina Jessee Latest Cetera Advisors Broker Barred by FINRA
May 07, 2019
Michael ("Mikey") Tanha Cited for Outside Business Activities, Private Securities Transactions
January 23, 2019
FINRA's 2019 Exam Priorities Feature Senior Protections, Suitability, Outside Business Activities
November 29, 2018
Frank Dietrich Cited for Selling $10.8 Million in Investments in Woodbridge Group of Companies Ponzi Scheme
November 23, 2018
San Diego "Financial Whiz of Local Airwaves" Kyle Harrington Barred After Conversion, Undisclosed Private Securities Transaction Investigations
November 02, 2018
David Ferwerda Barred in Woodbridge Ponzi Scheme, 1 Global Capital Fraud Investigation
September 15, 2018
Stephen T Hurtuk Barred During Unsuitable Recommendations Investigation
September 11, 2018
HD Vest Investment's Jerry Raines & Donna Barnard Barred in Ongoing Woodbridge Ponzi Scheme Investigation
August 09, 2018
Frank Marino Sanctioned for False, Misleading, and Inaccurate Claims on Cannabis Investment Company Website
August 01, 2018
Kenny Mezher Sanctioned for Unapproved Crescent Ridge Volatility Fund Transactions
July 05, 2018
Bradley Tennison Barred After Recommending $300k Wire Investment Away from Firm
June 27, 2018
Kyusun Kim Barred for Unsuitable Recommendations of REITs and Alt Investments in Elderly Investors' Retirement Accounts
December 22, 2022
FINRA Bars PFS Vice President Desiderio Torrez After Customer Complaint
December 15, 2022
Transamerica Broker Guatam Arora Arrested in Southern California on Fraud Charges
December 13, 2022
LPL Financial Fined $150k, Admonished for Failing to Supervise Broker Involved in Ponzi Scheme
November 22, 2022
Edward Turley Barred After Settling Suitability and Fraud Claims Worth $47 Million
August 19, 2022
Broker Zachary Hansen Suspended After Selling Away From UBS Financial Services
July 23, 2022
Steven Kiyoto Hirata Barred After Investigation into Private Securities Transactions
July 20, 2022
Roselaine Securities Disciplined for Failing to Supervise or Identify Staff Engaged in Outside Business Activities, Failing to Act on US Government's Financial Crimes Enforcement Network Requests
May 13, 2022
Ex-Morgan Stanley Broker Nikolay Zotenko Cited for Improperly Marketing Private Placements
May 09, 2022
LPL Financial Broker Bruce Amman Cited for Transacting $3.5 Million Private Placement Without LPL Approval
April 01, 2022
TCFG Wealth Broker David McDonnell Barred in Outside Business Activity Investigation
November 29, 2021
WestPark Capital Sanctioned for Misrepresentations in $3.9 Million Promissory Note Sales
November 22, 2021
Non-Traded Real Estate Investment Trusts: Recovering Damages when a Broker Unsuitably Recommends a REIT
April 26, 2021
FINRA Bars John Lee Scott of LPL Financial (Phoenix) During Outside Business Activity nad Private Securities Transaction Investigation
April 13, 2021
Steven Schisler Accused of Recommending Elderly Clients Invest in Promissory Note Issued by Partner Previously Barred for Defrauding Investors
April 12, 2021
Independent Financial Group Disciplined Over Concentrated Illiquid REIT Sales, Supervisory Failures
March 31, 2021
Broker-Dealer's Due Diligence Duties for Private Placements Require Research and Supervision
March 18, 2021
Whitehall-Parker Securities, Robert James Yuloo Cited for Failing to Supervise Broker Who Sold Fraudulent Woodbridge Ponzi Scheme Products
March 12, 2021
FINRA Cites Jeffrey Stanga for Failing to Fully Disclose Outside Business Activity, and Engaging Private Securities Transactions
February 22, 2021
Wells Fargo's Scott Reed Barred After Selling $3.5 Million of Web/Software Investments Away from Firm
January 25, 2021
Cetera Firms Fined $1 Million for Supervisory Failures in Third-Party Securities Transactions
December 09, 2020
FINRA Charges Gregory McCloskey aka Gregory Meier with Covering Up Improper Private Securities Transaction (PST) with a Second Improper PST
October 28, 2020
David Walters Cited for Outside Business, Private Securities Transactions
September 01, 2020
LPL Financial's James Rapisarda Cited for Private Securities Transaction
August 24, 2020
FINRA Bars Terminated Brokers Lau, Winters, for Failing to Provide Information
June 20, 2020
E-mail Communication Failures - What a Terminated CEO, WhatsApp Broker, Woodbridge & FIP Have in Common
June 09, 2020
CFP Board Disciplines California's Joel Davidman for Unauthorized Discretion, Alaska's Michael Shamburger and Rob Wedel for Multi-Million Dollar Misconduct
May 15, 2020
Ameriprise Broker Arthur Hoffman Barred Following Fraud Complaint, Investigation
May 01, 2020
Wells Fargo's Bryan Benson Barred After Investigation Into DPP Customer Complaint
April 06, 2020
Accurate Record Keeping & Supervision Vital as FINRA Temporarily Lifts Rules, SEC Suspends In-Person Exams During Pandemic
March 25, 2020
Margin Trading and Complex Leveraged Products Could Amplify Losses During Coronavirus Commotione
March 24, 2020
Coronavirus Losses, Stock Market Decline Expose Fraudulent Schemes
March 23, 2020
FINRA Sanctions Scott Kozak for Soliciting $1.2 Million Away from Firm Cetera, False Statements
February 22, 2020
IFG Broker Martin David Batstone Barred for Fraud After Converting Client Funds
January 27, 2020
FINRA Bars NYLife's Kari Bracy Over $300 Million Ponzi Scheme Future Income Payments Misrepresentation
November 08, 2019
Cetera's Christopher Kozak Suspended for Undisclosed Outside Business Activity with Nutrition Bar Investments
October 08, 2019
IFG Broker Martin Batstone Accused of Fraud, Converting Customers' Private Securities Funds for Personal Use
October 04, 2019
James Lamont Sanctioned for Selling $1.5 Million of Notes in Fraudulent Woodbridge Ponzi Scheme
July 06, 2018
After SEC Fraud Charge, FINRA Bars Robert Tweed for Making False Statements to Obtain $1.6 Million in Athenian Fund LP
July 02, 2018
Massachusetts to Investigate Private Placement Sales & Related Practices at 10 Firms
June 11, 2018
Stacy Cheney-Jamison Barred Over Alleged $330,000 Theft from Retired Clients
June 08, 2018
$1.2 Billion Ponzi at Woodbridge Group of Companies More Widespread Than Thought
June 04, 2018
FINRA Bars Harold Couglar for 20-Years of Unauthorized Outside Account Trading Activity
June 03, 2018
Arizona Indicts Howard Price, III for Stealing $475,000 from IRA Accounts
May 25, 2018
DOJ Charges Gary Basralian with Fraud, Suit Claims He & Preyed on Elderly Women, Royal Alliance Customers
May 22, 2018
SEC Bars Lauramarie Colangelo for Helping Tarek Bahgat Misappropriate Client Funds Under Guise of Paying Senior Citizens' Internet Bills
May 08, 2018
Troubled LPL Financial to Pay $26 Million for Selling Unregistered, Non-Exempt Securities
April 26, 2018
OHO Decision Barring Richard Tabizon For Altered Compliance Forms, Lying to FINRA, Personal E-mail Use Becomes Final
April 20, 2018
FBI Arrests Ex-Ameriprise Broker Li Lin Hsu for Fraud, Stealing from Clients
March 19, 2018
Michael Hurtgen Sanctioned for Soliciting Raymond James Customers to Invest Away from Firm
February 22, 2018
Darrell Rideaux Barred During Investigation into Selling Away Allegations
February 06, 2018
Car Dealership Alt Investments in Turmoil as GPB Capital Holdings Alleges Business Partner Fraudulently Converted Funds
February 05, 2018
SEC Adds Misappropriation to Sports Advisor Ash Narayan's Fraud Charge in Amended Complaint
January 27, 2018
SEC Charges Woodbridge Group of Companies in 'Massive' $1.2 Billion Ponzi Scheme Targeting 8,400 Investors
December 27, 2017
NASAA Identifies Notes, Real Estate, Ponzi, Oil and Gas, Affinity Fraud, and Variable Annuities as Biggest Investor Threats
December 18, 2017
Ex-LPL Broker Leslie Koonce Barred After Falsely Denying Participation in Unauthorized Private Securities Transactions
December 08, 2017
Spencer Edwards' Steven Quoy Suspended for Issuing Misleading Sales Materials for Advertising Sign Investments
November 18, 2017
Jerry Guttman Barred for 10 Years of Unauthorized Private Securities Transactions
November 05, 2017
First Allied Securities' Masood Azad Barred After Investigation into Unapproved Private Securities Transactions
October 13, 2017
Ex-NFP Advisor Services Rep Robert J Regan Suspended for Improper Private Securities Transactions
October 04, 2017
Mike Crowe Sanctioned for Soliciting Investments in Undisclosed Real Estate Security with Unpaid Returns
October 03, 2017
Sandlapper Securities Accused of Charging $8 Million in Fraudulent Markups for Saltwater Disposal Well Private Placements
September 27, 2017
Ex-Royal Alliance, Next Financial, and Dominion Investment Rep Roger Hudspeth Pleads Guilty to $6 Million Fraud
September 22, 2017
Arbitration Panel Orders Barred Broker Li-Lin Hsu, Ameriprise Financial to Pay $675,000 for Alleged Misrepresentation and Misappropriation of Customer Funds
September 18, 2017
"Massive Energy" Broker John Kai Barred After Undisclosed Private Securities Transactions, Outside Business & Discretion Investigation
September 08, 2017
William Glaser Barred, Under Federal Investigation Related to Fraud Indictment, After 76-Year-Old Navy Vet Suffers $400,000 Private Placement Loss
September 07, 2017
Colorado Broker Bruce Page Barber Barred in Outside Business Activity Investigation
August 29, 2017
John Kostic Sanctioned, Disgorgement Ordered for Unauthorized Private Securities Transactions
August 09, 2017
Howard Hull Fined & Suspended for Firm's Supervisory Failures
July 03, 2017
Richard Botkin Fined & Suspended for $245k of Unauthorized Movie-Related Investments
June 23, 2017
Complaint Charges Kyle Harrington, Linda Milberger with Deception, Conversion, Concealment, Selling Away
June 13, 2017
Christopher M. Hawn Fined & Suspended for Unauthorized Private Securities Transactions & Undisclosed Outside Business Activities
June 08, 2017
Ameriprise (Irvine)'s Jim Seol Barred for 'Egregious' Selling Away of $100 Million Private Placements for Immigration's EB-5 Program
June 03, 2017
Ex-Red Ridge Securities CEO Brent Hurt Sanctioned for Failing to Supervise Broker in $1 Million Misappropriation Scheme
May 04, 2017
FINRA Fines Summit Equities $325,000 for Variable Annuity-related Supervisory Failures, IME Fund Collapse
May 02, 2017
Ex-LPL Rep Thomas Andrews Charged with Defrauding 23 Investors in Liquidation Scheme
April 07, 2017
Tracy Turner Barred Over False and Misleading Oil-and-Gas Communications Probe
March 07, 2017
Ex-MLB Pitcher & Morgan Stanley Rep Patrick Combs Suspended for Selling Away
December 20, 2016
FINRA Bars Ken Balser After Investigation into Private Securities Transactions
November 14, 2016
FINRA Bars Ex-LPL Broker Dominic DeBruin over Undisclosed Private Securities Transactions, Depositing Client Money into Controlled Account
November 07, 2016
Tracy Turner's 35th Disclosure is Complaint Alleging $4.1 Million Private Securities Misconduct
November 01, 2016
Unsuitable and Risky Oil and Gas Sales and Plummeting Energy Investments Cost Elderly Clients Millions of Dollars in Losses
September 17, 2016
John Randall Gladden Disciplined for $2.1 Million in Unauthorized Private Securities Transactions Away from the Firm
July 28, 2016
James Earl Mahan Barred after Failing to Cooperate with Investigation into Unapproved Investment
July 11, 2016
Update: Winston Turner Barred for Variable Annuity Fraud and/or Deception
June 29, 2016
Anthony Diaz, a Repeat Offending Rogue Broker Under Federal Indictment for REIT Fraud, is Poster Child for Worrying Trend
June 06, 2016
Daniel Miller Fined, Suspended for Undisclosed Outside Real Estate, Private Securities Transactions
June 01, 2016
FINRA Charges Jim Seol with Unauthorized WRCI, EB-5 Immigration Outside Business Activity
May 19, 2016
Thrivent's Miguel Hernandez Barred for Defrauding Elderly Church-Going Client
May 13, 2016
Robert Kerrigan Investigated for Undisclosed USA Barcelona Outside Business Facing Fraud Charge, Barred for Refusal to Cooperate
May 09, 2016
Robert Turpin Barred for Failing to Cooperate with Selling Away Investigation
May 05, 2016
FINRA Opens Investigation into John Hudnall for Alleged Improper REIT Sale to Senior, Annuity Violations & Selling Away
March 19, 2016
Risky, Unsuitable Investments in Poorly Performing Energy, Oil and Gas Ventures May Lead to FINRA Claims
February 24, 2016
Aequitas Capital Note Disaster Serves as Reminder of Importance of Advisors Performing Due Diligence
January 19, 2016
Former LPL Broker Timothy Richard Yee Fined & Suspended for Unapproved Outside Transactions
August 31, 2015
CFP Board Suspends Broker Michael T. Ryan of Santa Ana for Unauthorized Outside Business Activities
August 18, 2015
Walter Chao Fined and Suspended for Selling Facebook IPO Shares Away from LPL Financial, Supervisory Failures
May 21, 2015
Bradley Claus Barred for Misrepresentation, Unauthorized Oil & Gas and Restaurant Investment Solicitations and Transactions
April 29, 2015
FINRA Orders Avenir Financial Group to Stop Selling to Elderly Customers, Bars Cesar Rodriguez for Fraud
February 17, 2015
Foothill Securities, CCO Stephen Shipp Fined $235k for Inadequate Policies, Systems and Procedures
January 09, 2015
Chase Bishop Casson Barred for Failure to Cooperate with Investigation into Private Securities Transactions
January 05, 2015
High Yield Bonds, Stocks, and ETFs in Grave Jeopardy as Oil Bubble Poised to Burst
November 26, 2014
Patrick Richard Harrison Barred for Private Securities Transactions That Lost Elderly Clients $340,000
June 06, 2014
Concentration Risk: The Implications of Putting All Your Eggs in One Basket
May 05, 2014
Popularity of Liquifying Home Equity, Cash-Out Refinancing Increases as Valuation Increases
January 30, 2014
SEC Issues Risk Alert Criticizing Advisors' Handling of Alternative Investments
January 23, 2014
SEC National Exam Program Issues Broker-Dealers Priorities List for 2014
November 17, 2013
Dangerous Words: SEC Cautions Firms to Stop Using "Protected," "Guaranteed" in Fund Names
October 29, 2013
About Time: FINRA Files Complaint Alleging Unsuitable Recommendations, Falsification of Records After Beverly Hills Broker Bambi Holzer Suspended From Industry
October 17, 2013
NASAA Calls Out New Scams, Rotates Five of Top 10 Investor Threats
October 15, 2013
SEC: Small Violations Can Lead to Strong Enforcement, Sanctions, and Fines
September 25, 2013
Jerry Dean McGlothlin Barred for Unauthorized Outside Business Private Securities Activities
August 16, 2013
Christian Joel Brand Suspended for Soliciting $510,000 Investment from Elderly, Unsuitable Customer for Failed Project
June 21, 2013
Steven Robert Aron Barred for Failure to Disclose Information Related to Outside Business Activities
June 07, 2013
Hugh Monroe Dyson, Jr. Censured, Barred and Ordered to Pay Restitution in Connection with False Representations, Phony IRS Forms and Reports
April 23, 2013
Martin Benjamin Feibish Barred For Scheming to Misappropriate Over $5 Million From Elderly Customer Through Fake Investment Vehicles and Forgery
April 12, 2013
FINRA Files Order to Shut Down Success Trade Securities, Claiming Firm Scammed Investors
March 24, 2013
LPL Financial Firm Under Fire and On Radar with Several Securities Regulators
August 20, 2012
FINRA Fines & Suspends Craig Lamont Miller for Improper Recommendations Outside of Firm
August 13, 2012
Douglas Brent Cartwright Fined & Suspended for Soliciting Investments Outside the Scope of His Employing Firm
