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 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 […]