CMD is Investigating Claims Against IMS Securities, Inc. and Jackie Wadsworth Over the Sale of Variable Annuities and Real Estate Securities

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against IMS Securities, Inc. and Jackie Wadsworth for unsuitable recommendations, over-concentration and failure to supervise. According to FINRA, Ms. Wadsworth faces allegations of negligence, over-concentration, breach of fiduciary duty, misrepresentations and failure to supervise.  The product types in the complaint are variable annuities and real […]

CMD is Investigating Claims Against Richard Martin and G.F. Investment Services, LLC for Recommending Unsuitable ETFs and Failure to Supervise

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against Richard Martin and G.F. Investment Services, LLC for unsuitable recommendations and failure to supervise. In August 2016, FINRA filed a complaint against Richard Martin alleging that he solicited, purchased and recommended that his customers hold non-traditional Exchange Traded Funds (ETFs) in their accounts […]

CMD is Investigating Claims Against Glenn King and Buckman, Buckman & Reid, Inc. for Excessive Trading and Failure to Supervise

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against securities broker Glenn King and brokerage firm Buckman, Buckman & Reid, Inc. for unsuitable recommendations, excessive trading (a/k/a churning) and failure to supervise. In August 2016, Glenn King was barred from association with any FINRA member.   The sanction was based on findings that Glenn […]

CMD is Investigating Claims Against Arthur Espinoza and Freedom Investors Corp. for Fraud

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against Arthur Espinoza and Freedom Investors Corp. for fraud and failure to supervise. In August 2016, Arhtur Espinoza was barred from association with any FINRA member in any capacity.  The findings stated that Arthur Espinoza incorporated a company that he operated and obtained investors […]

CMD is Investigating Claims Against Ameriprise Financial Services, Inc. for Unsuitable Closed-End Funds (CEFs)

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against brokerage firm Ameriprise Financial Services, Inc. for recommending unsuitable closed-end funds (CEFs) and for failure to supervise. In August 2016, Ameriprise Financial Services, Inc. entered into an Acceptance, Waiver and Consent (AWC) with FINRA.  According to FINRA, Ameriprise Financial Services, Inc. failed to establish and maintain […]

CMD is Investigating Claims Against Ari Financial Services, Inc. and broker William Candler for Suitability

Securities law firm Carmel, Milazzo & DiChiara LLP (“CMD”) is investigating claims against brokerage firm Ari Financial Services, Inc. and broker William Candler for suitability and failure to supervise. In August 2016, Ari Financial Services, Inc. and broker William Candler entered into an Acceptance, Waiver & Consent (“AWC”) with FINRA.  Ari Financial Services, Inc. and broker William Candler consented to FINRA sanctions and […]

Complaints Against Portfolio Advisors Alliance, LLC and Broker Howard J. Allen

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating complaints against broker-dealer Portfolio Advisors Alliance, LLC and Howard J. Allen (CRD# 2033586). According to the Financial Industry Regulatory Authority (FINRA), New York based brokerage firm Portfolio Advisors Alliance, LLC (CRD# 101680) has been the subject of at least 3 regulatory events, and Portfolio Advisors Alliance and Mr. […]

CMD is Investigating Claims Against Lawson Financial Corporation for Securities Fraud

Securities law firm Carmel, Milazzo & DiChiara LLP (“CMD”) is investigating claims against brokerage firm Lawson Financial Corporation (CRD# 15261)  for securities fraud. In May 2016, FINRA filed a complaint against Lawson Financial Corporation and its CEO Robert Lawson, alleging that they carried out a massive securities fraud in connection with the sale of millions of […]

Complaints Against Securities America, Inc. (CRD# 10205)

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating complaints against broker-dealer Securities America, Inc., a a wholly owned subsidiary of Ladenburg Thalmann Financial Services, Inc. According to the Financial Industry Regulatory Authority (FINRA), Nebraska based brokerage firm Securities America, Inc. (CRD# 10205) has been the subject of at least 29 customer complaints and 46 […]

CMD Investigating Claims Against Steven Ellsworth Larson and Oakbridge Financial Services for Fraud

Carmel, Milazzo & DiChiara LLP (CMD) is investigating potential claims against securities broker Steven Ellsworth Larson (CRD# 2422755) and Oakbridge Financial Services for unauthorized trading and failure to supervise. FINRA has filed a complaint alleging that Steven Ellsworth Larson made numerous misstatements or omissions of material facts concerning the present values and safety of “church bonds”—bonds issued […]