CMD Investigating Claims Against Caldwell International Securities Corporation For Excessive Commissions, Fees and Unauthorized Trading

Carmel, Milazzo & DiChiara LLP (CMD) is investigating potential claims against Caldwell International Securities Corporation, and securities brokers Greg Allen Caldwell, Alex Evan Etter, Alain J. Florestan, Lennie Simmons Freiman, Paul Joseph Jacobs, Richard Andrew Lee, Lucas Dylan Lichtman and Richard Lim. FINRA’s Department of Enforcement filed a complaint alleging that  alleging that Caldwell International […]

CMD Investigating Claims Against Ridgeway & Conger, Inc., And Securities Brokers Kenley Brisard, Philip Brisard and Leigh McCobb Garber

Carmel, Milazzo & DiChiara LLP (CMD) is investigating potential claims against Ridgeway & Conger, Inc., and securities brokers Kenley Brisard, Philip Brisard and Leigh McCobb Garber. FINRA’s Department of Enforcement filed a complaint alleging that Ridgeway & Conger, Inc., Kenley Brisard and Philip Brisard sold an unregistered security that consisted of interest-only strips from loans issued […]

CMD Investigating Claims Against Securities Broker Edward Beyn

Carmel, Milazzo & DiChiara LLP (CMD) is investigating potential claims against securities broker Edward Beyn, formerly registered with Craig Scott Capital and now with Rothschild Lieberman. On March 16, 2016, FINRA’s Department of Enforcement filed a complaint alleging that Mr. Beyn churned nine accounts of six customers, all over the age of 60, from March 2012 through […]

SEC Charges Rhode Island Agency and Wells Fargo With Fraud in 38 Studios Bond Offering

Carmel, Milazzo & DiChiara LLP (CMD) is investigating potential claims against Wells Fargo and the Rhode Island Economic Development Corporation (RIEDC, now called the Rhode Island Commerce Corporation). The Securities and Exchange Commission has charged a Rhode Island agency and its bond underwriter Wells Fargo Securities with defrauding investors in a municipal bond offering to finance […]

Winston Wade Turner, Ex-MetLife, And Prudential Broker Accused of Deceptive Conduct Involving Variable Annuity Sales

Carmel, Milazzo & DiChiara LLP (CMD) is investigating potential claims against Winston Wade Turner, a former registered representative with Pruco Securities Inc. and MetLife Securities Inc., of misconduct related to the exchanges and sales of variable annuities. FINRA has alleged that Turner persuaded clients to exchange certain investments, including variable annuities, which compelled them to surrender […]

CMD Investigating Unsuitable Recommendations to Purchase The Morgan Stanley Cushing MLP High Income ETN

Carmel, Milazzo & DiChiara LLP (CMD) is investigating potential claims against Morgan Stanley and its brokers who may have recommended unsuitable investments in the Morgan Stanley Cushing MLP High Income Exchange Traded Note (ETN). Before recommending an investment, a broker-dealer has a fiduciary duty to adequately disclose the risks involved in the investment and to perform the […]