Tag Archives: securities attorney

Broker Disclosing Outstanding Liens/Judgments, Failure to Supervise, H.D. Vest, Prospera Financial Services, Stockbroker Malpractice, StockBroker Misconduct, Unsuitable Investments

Michael Kamperman-Former HD Vest Broker-Discloses Regulatory Event, Customer Disputes and a Tax Lien-Waco, TX

May 2020-Waco, TX

According to publicly available records of Michael Kamperman (CRD#2002603) ,  a  former stockbroker who last worked for HD Vest Investment Services  discloses  a regulatory event, customer disputes and a tax lien.

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 FINRA Case 2016050400401, alleged Kamperman was suspended for 18 months and fined $20,000 to resolve allegations that he  made  investment recommendations in the 401(k) and IRA retirement accounts of customers  that were unsuitable based on the customer’s financial situation and needs, risk tolerance, investment experience and investment objectives.    The customers suffered over $407,000 in trading losses as a result.

In June of 2016, in FIRNA case 16-01641, a Prospera Financial Services customer alleged that their accounts decreased in value, their investments were not suitable, were over concentrated and that they were not informed of the risk associated with their investments.   Breach of fiduciary duties and contract were also alleged.    The case was settled for $320,000.

In February 2016, the IRS filed an $81,000 tax lien in McLennan County, Texas against Kamperman.

Kamperman was employed with HD Vest Investment Services  from December 2014 until June of 2017.   Before that he was Prospera Financial Services, Inc. and UBS Financial Services, Inc.

If you had an account with Michael Kamperman   that suffered losses, you may be entitled to collect damages from his prior employer. Call to discuss your options.

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

Broker Discloses Personal Bankruptcy, Broker Disclosing Outstanding Liens/Judgments, Jerome and Co., Kenneth, Stockbroker Discharged, Stockbroker Malpractice, StockBroker Misconduct

James D’Meo-Former Kenneth, Jerome & Co., Inc. Broker- Permanently Barred from FINRA

March 2020- Florham Park, NJ

According to publicly available records.  James D. D’Meo, (CRD#1444759), a  former stockbroker who last worked for Kenneth, Jerome & Co., Inc.,  discloses 2 regulatory events, 11 outstanding judgement/liens and a termination from employment.

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 12/2019  D’Meo was permanently barred from the securities industry after D’Meo failed timely to provide documents and information requested by FINRA and refused to appear one-the-record testimony as requested by FINRA, as part of an investigation into his financial disclosures.

In 12/2018, Kenneth, Jerome & Co., Inc., discharged D’Meo after allegations of failure to disclose reportable personal financial events as discovered by FINRA in a search of public records.

D’Meo discloses 11 outstanding judgement/liens.

D’Meo was employed by Kenneth, Jerome & Co., Inc. from June 2013 until December of 2018.     Prior to that time he was with Equity Services, Inc.

If you had an account with James D’Meo that suffered losses, you may be entitled to collect damages from his prior employer. Call to discuss your options.

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

Elder Financial Abuse, Failure to Supervise, FInancial Exploitation of the Elderly, Finra Investigation of Stockbroker, Stockbroker Malpractice, Unsuitable Investments

Stock Market Losses? –How to Recover Investment Losses Resulting From the COVID 19 Pandemic

April 2020

Retirees and Those Anticipating Retirement In the Near Term

Financial advisors are charged with a duty to make “suitable recommendations” to their customers. For those anticipating retirement in the near future or those who are already retired, investment recommendations should be skewed toward the conservative end of the spectrum, so that in the event of a market adjustment such as the present situation caused by COVID 19, the downside is somewhat protected.

Accounts that have suffered losses that track the decline of the DOW would generally be considered unsuitable for retirees, and those anticipating retirement in the near future.

How to Recover Losses 

Recovery of losses from registered financial advisors and brokerage firms is pursued by filing an arbitration claim with FINRA (Financial Industry Regulatory Authority). This process is more expedient and less costly than court litigation. Most cases are resolved in about 12 months, sometimes less. We handle most cases on a contingent fee basis, meaning you only pay us if we obtain damages for you.

If you or one of your loved ones is concerned about their financial future as a result of having suffered significant losses in an investment account, please give us a call. We have been representing aggrieved investors for more than 30 years and we can help you.

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

 

 

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

Peachcap (Peachtree Capital Corp), Stockbroker Malpractice, StockBroker Misconduct, Unsuitable Investments

David H. Miller-Broker with Peachcap Securities- Discloses Multiple Customer Disputes- Atlanta, GA

January 2020 – Atlanta, GA

The FINRA records of of David Harrison Miller , a stockbroker with Peachcap Securities, discloses 5 prior customer disputes and 2 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 June of 2019, a customer of PeachCap Securities Inc., and PeachCap Tax & Advisory customer was unhappy with the performance of his investment .   The alleged damages were $150,000.   That case settled for $50,000.

In April of 2019, a PeachCap Securities, Inc. and PeachCap Tax & Advisory customer was unhappy with the performance of their investment with an affiliated firm.   The alleged damages were $315,000.   The case settled for $315,000.

In February of 2019, another PeachCap Securities Inc., and PeachCap Tax & Advisory customer was unhappy with the performance of his investment and an affiliated firm.  This case settled for $100,000.

In October of 2019, a PeachCap Securities Inc., and PeachCap Tax & Advisory customer filed FINRA case #19-03001 alleging sales practice violations related to mismanagement of her accounts from October 2015 until October 2016 with alleged damages of $43,541.   This case is still pending.

In August of 2019, a PeachCap Securities Inc., and PeachCap Tax & Advisory customer filed FINRA case #19-02045 alleging damages of $1,200,000 on direct investments and LPs.   This case is still pending.

Miller has been  employed with Peachcap Securities since 10/2015.    He also discloses business affiliations with Miller Wealth Financial since August of 2008.

If you have problems in an account  handled by David Harrison Miller 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