Category Archives: Reg D Offerings(private placements)

Alternative Investments, Energy Securities, Kalos Capital, Madison Avenue Securities, Oil & Gas Investment, Oil and Gas Partnerships, Reg D Offerings(private placements), Stockbroker Malpractice, StockBroker Misconduct, Unsuitable Investments

Steven Netzel-Former Kalos Capital Broker-Discloses Pending $300K Customer Dispute-Sun Lakes, AZ

February 2020 – Sun Lakes, AZ

The FINRA records of Steven M. Netzel  , a stockbroker  who is currently not registered and who previously was employed by Kalos Capital , disclose  a currently pending customer dispute.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In March of 2012, Arizona Corporation Commission Securities Division issued sanctions, and fined Netzel $10,000 to resolve allegations that he sold unregistered securities.

In 10/2019 FINRA case #19-02921 was filed by a customer of  Netzel’s previous employer – Kalos Capital, Inc.  alleging unsuitable recommendations in oil & gas, real estate and other private equity and alternative investments. Damages of $300,000 are sought.

Netzel  was employed with Madison Avenue Securities  from June 2019 until August 2019.   He was with Kalos Capital, Inc. from November 2013 until June of 2019.   Prior to that he was with Madison Avenue Securities from 2/2009-12/2013.

Netzel discloses business affiliations with Netzel Financial, dba Affordable Supplemental, Inc. , Netzel Holdings LLC and Val Vista Capital Management  in Sun Lakes, AZ.

If you have questions about an account handled by Steven M. Netzel  call for a no charge consultation with an experienced securities attorney .

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

International Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Failure to Supervise, Misrepresentation, National Securities Corporation, Reg D Offerings(private placements), Stockbroker Malpractice, StockBroker Misconduct, Unsuitable Investments

William John Braun-National Securities Corporation Broker-Discloses 5 Customer Disputes-Boca Raton, FL

January 2020 – Boca Raton, FL

The FINRA records of William John Braun (CRD#1271500)  , a broker with National Securities Corporation discloses a regulatory event and five pending customer disputes.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In 12/86 Braun was censured by Wisconsin securities regulators for selling unregistered securities.

From October  to  November of 2019,  five customers of  National Securities Corp. filed FINRA cases  alleging unsuitable recommendations, negligence and breach of fiduciary duty in connection with the sale of private placement investments.  Damages of  $640,000 are sought in these five pending cases.

Braun has worked for National Securities Corp. since December 2016.   Before that he was with Janney Montgomery Scott, and JW Genesis Securities.

Braun discloses business affiliations with William Braun, PA and National Insurance Corporation in Boca Raton, FL.

If you have questions about an account handled by William John Braun,  call for a no charge consultation with an experienced securities attorney .

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

International Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Annuities, Arkadios Capital, Concentrated Positions, Failure to Supervise, Misrepresentation, Reg D Offerings(private placements), REITs, Stockbroker Malpractice, Unsuitable Investments

Enrique Lopez-Former LPL Financial Advisor-Subject of $2 Million Customer Suit-McAllen, Texas

January 2020-McAllen, Texas

The FINRA records of  Enrique Lopez,  a  broker who is currently employed by  Arkadios Capital  disclose a pending customer dispute and two prior customer disputes.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In the currently pending FINRA case 19-1608 a customer of Lopez’s prior employer, LPL Financial is seeking damages of $2 million and alleges that between 2014 and 2016 Lopez misrepresented and recommended unsuitable concentrated investments in real estate investment trusts (REITs). In additon the customer allege that Lopez recommended an unsuitable annuity switch.

In a prior case, FINRA 17-904,  a customer of LPL Finanical was paid $1.5 million to resolve allegations that Lopez violated the Texas State Securities Act and made unsuitable recommendations.

Enrique Lopez worked for LPL Financial from 3/2008-8/2018, at which time he moved his practice to Arkadios. Lopez discloses business affiliations with Cristobal Eden Partners and Texas Regional Bank in McAllen, Texas.

If you have losses in an account  handled by Enrique Lopez , contact us for a no charge consultation to discuss your legal options for recovery.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney, at no cost to you.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Churning, Laidlaw & Company, Private Placements, Reg D Offerings(private placements), Stockbroker Malpractice, Tigress Financial Partners, Unsuitable Investments

Robert Rotunno-Laidlaw/Tigress Financial Broker-Discloses $1 Million in Customer Suit Settlements-New York

MARCH 2020 – New York

According to publicly available records, former Laidlaw & Company financial advisor Robert N. Rotunno discloses 2 pending and 10 prior customer disputes most of which allege the sale of unsuitable private placement investments.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

The pending customer suits involving Rotunno include:

  • FINRA Case 19-614 in which a customer of National Securities Corp. seeks damages of $150,000 for unsuitable investments.
  • FINRA Case 18-3992 in which a customer of Laidlaw & Co. seeks damages of $558,624 for unsuitable investments and excessive  trading in private placements.
  • FINRA Case 18-2628 in which a customer of Laidlaw & Co. seeks damages of $228,128 for unsuitable recommendations and excessive trading  in private placements and equities.

In the prior  customer disputes over $1 million was paid to Rotunno’s customers to resolve allegations of unauthorized trading, unauthorized use of margin, unsuitable recommendations and account churning.

Robert Rotunno  was with Laidlaw & Company from 8/2004-2/2016 and with Tigress Financial Partners from 1/2019-12/2019. He is currently registered with Worden Capital Management. 

If you have losses on private placement investments or other unsuitable investments in an account handled by Robert Rotunno, call to learn how you may be able to recover damages through FINRA arbitration.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Failure to Supervise, Laidlaw & Company, Limited Partnerships, National Securities Corporation, Private Placements, Reg D Offerings(private placements), Stockbroker Malpractice, Unsuitable Investments

Kevin R. Wilson-Former Laidlaw & Co. Financial Advisor-Subject of Millions in Claims for Private Placement Losses-New York

May 2019 – New York

According to publicly available records, former Laidlaw & Company financial advisor Kevin R. Wilson discloses 6 pending customer disputes all of which allege the sale of unsuitable private placement investments.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

The pending customer suits involving Wilson include:

  • FINRA Case 19-1035 in which a customer of Laidlaw & Co. seeks damages of $300,000 for unsuitable investments in private placements.
  • FINRA Case 19-0842 in which a customer of Laidlaw & Co. seeks damages of $440,000 for unsuitable investments in private placements.
  • FINRA Case 18-3970 in which a customer of Laidlaw & Co. seeks damages of $500,000 for unsuitable recommendations to invest in private placements and equities.
  • FINRA Case 18-3062 in which Laidlaw & Co. customer seeks damages of $2 million for unsuitable private placement investments.

Kevin Wilson  was with Laidlaw & Company from 10/2010-9/2017. He is currently registered with National Securities Corporation.

If you have losses on private placement investments or other unsuitable investments, call to learn how you may be able to recover damages from Wilson’s employer through FINRA arbitration.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870