CMD Investigating Claims Against Berthel, Fisher & Company Financial Services, Inc. and Jeffrey Paul Dragon for Unsuitable UITs

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against Berthel, Fisher & Company Financial Services, Inc. and Jeffrey Paul Dragon for recommending and effecting a pattern of unsuitable short-term trading of UITs (Unit Investment Trusts). FINRA has alleged that the short-term trading patterns were inconsistent with the design of the securities […]

CMD Investigating Claims Against Brent Porges and Zachary Bader for Churning, Unsuitability, Unauthorized Trading and Fraud

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against brokers Brent Porges and Zachary Bader for churning (excessive trading), making unsuitable recommendations, unauthorized trading and fraud, particularly related to ETFs (exchange traded funds) and ETNs (exchange traded notes). According to Brent Porges’ FINRA BrokerCheck, he has been the subject of at least […]

CMD Investigating Claims Against Kelly Althar and Financial West Group for Unsuitable Recommendations and Engaging in Excessive Trading

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against Kelly Althar and Financial West Group for unsuitable recommendations, engaging in excessive trading (churning) and failure to supervise, particularly related to elderly customers. According to FINRA, Kelly Althar made unsuitable recommendations and engaged in excessive trading in an elderly customer’s accounts. FINRA alleges that […]

CMD Investigating Claims Against Mauricio Jaramillo and Ultralat Capital Markets, Inc. for Unsuitable Trading, Unsuitable use of Margin, Short-term Trading and for Failure to Supervise

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against Mauricio Jaramillo and Ultralat Capital Markets, Inc. for unsuitable trading, unsuitable use of margin, short-term trading and for failure to supervise. As reported by FINRA, Mr. Jaramillo recommended unsuitable trades in at least three customer accounts, in that he recommended short-term trading in bonds, […]

CMD Investigating Claims Against Christopher B. Ariola, Bay Mutual Financial, LLC and Financial Telesis Inc. for Unsuitable Recommendations in High-Risk Gold and Energy Stocks

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against Christopher B. Ariola, Bay Mutual Financial, LLC and Financial Telesis Inc. for unsuitable recommendations and failure to supervise related to high-risk gold and energy stocks. As reported by FINRA, Christopher B. Ariola or Chirs Ariola, made unsuitable recommendations to elderly retirees to […]

CMD Investigating Claims Against CUSO Financial Services, L.P. for Recommending Unsuitable Unit Investment Trusts (UITs)

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against CUSO Financial Services, L.P. for recommending unsuitable Unit Investment Trusts (UITs) and for failure to supervise. As reported by FINRA, CUSO Financial Services, L.P. through a registered representative unsuitably solicited and sold to customers certain unit investment trusts (UITs) that invested in […]

CMD Investigating Claims Against Dennis Albert Mehringer Jr. and Western International Securities Inc. for Churning, Unsuitable Recommendations and Failure to Supervise

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against Dennis Albert Mehringer Jr. and Western International Securities Inc. for churning (excessive trading), unsuitable recommendations and failure to supervise. According to FINRA, Mr. Mehringer made unsuitable recommendations that caused a customer to engage in excessively expensive short-term trading and intra-day switching of mutual […]

CMD Investigating Claims Against Scott Forrest Goldman, Cambridge Investment Research, Inc. and H. Beck, Inc. for Unsuitable and Over-Concentration in Precious Metals

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against Scott Forrest Goldman, Cambridge Investment Research, Inc. and H. Beck, Inc. for recommending unsuitable over-concentrations in precious metals and failure to supervise.  Mr. Goldman’s CRD evidences a history of customer complaints, with at least six reported customer complaints. As reported by FINRA, […]

CMD Investigating Claims Against Foothill Securities, Inc. for Unsuitable, Over-Concentration of Customer Accounts in REITs

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against Foothill Securities, Inc. for failure to supervise and for  over-concentrating and recommending unsuitable REITs in customer accounts. FINRA’s findings stated that Foothill Securities, Inc. maintained written guidelines for limiting customers’ investments in non-exchange-traded REITs and other non-liquid investments that stated that no […]

CMD Investigating First Financial Equity Corporation For Recommending Unsuitable ETFs and Excessive Commissions

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against First Financial Equity Corporation For recommending unsuitable ETFs (Exchange Traded Funds), charging excessive commissions and for failure to supervise. As reported by FINRA, First Financial Equity Corporation had inadequate procedures with respect to the reasonable-basis suitability requirements, in that it had inadequate processes […]