Tag Archives: securities attorney

Energy Securities, Morgan Stanley, Oil & Gas Investment, Oil & Gas Master Limited Partnership (MLP), Oil related investments, Purshe Kaplan Sterling Inv., UIT (Unit Investment Trust), Unsuitable Investments

Thomas Brolle Investigation-Former Morgan Stanley Broker-Allentown, PA

April 2018-Allentown, PA

We are investigating former Morgan Stanley broker Thomas Brolle  on behalf of a retired couple who allege that they have suffered losses as a result of  unsuitable investments in energy, biotech and precious metals, including but not limited to:

  • Breitburn Energy Partners, L.P.
  • Seadrill, Ltd.
  • NRG Yield
  • Vanguard Natural Resources
  • Goldman Sachs MLP Energy Terraform Global
  • Crescent Point Energy
  • Celldex Therapeutics 
  • First Trust Precious Metals unit investment trusts

According to FINRA records, Thomas Brolle is not currently  registered with any broker dealers. He was employed by Morgan Stanley from 6/2009-11/2016. From 11/2016-12/2017 he was employed by Purshe Kaplan Sterling Investments.

We are interested in hearing from anyone having information helpful to our investigation.

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

Cetera Advisors, FINTEGRA LLC, Merrill Lynch, Misrepresentation, Unsuitable Investments

Mohamed Debbagh-Former Cetera Advisors Broker-Discloses Pending Customer Suit-Boca Raton, FL

April 2018 -Boca Raton, FL

According to FINRA records, Mohamed Debbagh,  a   stockbroker who was recently  employed by Cetera Advisors  , disclose  a pending dispute by a former customer.

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 currently pending FINRA Case 18-0840 a customer of Debbagh while he was employed by  Cetera Advisors and Fintegra is seeking damages of $209,000. The customer alleges breach of fiduciary duty, negligence, misrepresentation, common law fraud, unsuitable trading and violations of securities laws.

Debbagh is currently employed by Merrill Lynch. He was employed by Cetera Advisors from 3/2013-11/2017. Prior to that he was employed by Fintegra, LLC from 3/2010-3/2013. Fintegra withdrew their FINRA registration in 9/2015 and filed for bankruptcy that same month.

If you have questions about an account handled by Mohamed Debbagh , contact us for a no charge consultation.

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

Alexander Capital, Failure to Supervise, Montana Office of Securities and Insurance, StockBroker Misconduct, Unsuitable Investments

Rocco Guidicipietro-Alexander Capital Broker-Discloses Pending Regulatory Matter and Settlement of Customer Disputes-New York

April 2018- New York

According to FINRA records,  Rocco G. Guidicipietro (aka Rocco Peters)  discloses a pending regulatory matter, a prior regulatory matter and  three settled 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 12/2016 securities regulators from the State of Montana filed an action in which they seek civil and administrative penalties and fines, restitution and revocation of Guidicipietro’s licensing in that state for failure to supervise. That matter is currently pending.

The settled customer disputes include:

  • FINRA Case 14-3184- a customer while Guidicipietro was registered with J.P. Turner & Co. alleged damages of $1,500,000 for churning, unsuitable investments, common law fraud, breach of fiduciary duty and breach of contract. That case was settled for $450,000.
  • FINRA Case 11-02452- a customer while Guidicipietro was registered with J.P. Turner & Co. alleged damages of $803,637 for failure to supervise. That case was settled for $635,000.

According to FINRA records,Guidicipietro  has been  registered with Alexander Capital since 2/2012.  He was previously registered with Legend Securities from 9/2010-2/2012 and with J.P. Turner from 9/1998-9/2010.

If you have losses in an account handled by Rocco G. Guidicipietro (Rocco Peters)  contact us for a no charge consultation 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

Horter Investment Management, Misrepresentation, Securities & Exchange Commission (SEC)

Horter Investment Management Hit With $750k Regulatory Sanction-Cincinnati, OH

April 2018-Cincinnati, Ohio

We are investigating Cincinnati-based registered investment adviser Horter Investment Management, LLC. (“Horter“).

In December 2017 the US Securities and Exchange Commission (SEC) entered an Order and imposed sanctions against Horter, including a censure, and  disgorgement of $482,595, prejudgement interest of $46,209 and a civil penalty of $250,000.

According to the SEC Order, Horter made misstatements to certain advisory clients concerning F-Squared Investments, Inc. , materially inflated, and hypothetical and back-tested, performance track record for its AlphaSector strategy between January 2012-November 2014. The SEC found that Horter violated securities laws by publishing, circulating and distributing advertisements that contained untrue statements of material fact.

Horter Investment Management has been registered as an investment adviser with the SEC since January 2007 and as of September 2017 had over $1 billion in regulatory assets under management.

F-Squared Investments was an investment adviser headquartered in Wellesley, MA, registered with the SEC until January 2016. In December 2014, the SEC settled a fraud action against F-Squared in which the company admitted to making material false claims in connection with their AlphaSector strategy.

If you have questions about the way your account has been handled at Horter Investment Management, contact us for a no charge consultation 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

Buckman Buckman and Reid, Discretionary Trading, Failure to Cooperate with Regulatory Investigation, Failure to Supervise, Finra Investigation of Stockbroker, Stockbroker Malpractice, Unsuitable Investments

Buckman Buckman Reid Broker Ron Ison Barred From Securities Industry

April 2018- Little Silver, New Jersey

Ron Jason Ison , a former stockbroker who last was employed by Buckman, Buckman & Reid, was permanently barred from the securities industry by FINRA for failing to appear at FINRA hearings investigating potential unauthorized and unsuitable trading.

Ison testified before the FINRA investigators on March 15, 2018, for part of the day, then requested an adjournment. FINRA granted the adjournment and set a continuation of the hearing later in the month. Ison’s attorney advised that he would no longer participate in the proceeding resulting in FINRA’s bar from the industry.

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.

Ron Ison’s FINRA record discloses 6 prior customer disputes.

Ison had been employed by Buckman, Buckman & Reid since 1/2010.

If you have questions about an account handled by Ron J. Ison ,  contact us for a no charge consultation 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