CMD Investigating Claims Against Lawrence Roberson and Capital City Securities, LLC for Misrepresentations and Fraud

Securities law firm Carmel, Milazzo & DiChiara LLP (CMD) is investigating claims against securities broker Lawrence Roberson and brokerage firm Capital City Securities, LLC for misrepresentations and omissions, fraud and failure to supervise.  According to Mr. Roberson’s FINRA BrokerCheck, he has been the subject of at least five (5) regulatory inquires. In September 2016, Roberson consented to the […]

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 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 […]

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 […]

CMD Investigating Clams Arising from Investments in REITs of Inland American Real Estate Trust, Inc., now known as InvenTrust Properties Corp.

Carmel, Milazzo & DiChiara LLP (CMD) is investigating potential claims arising from investments in REITs of Inland American Real Estate Trust, Inc. (Inland American), now known as InvenTrust Properties Corp.  Inland American has been the largest issuer of non-traded REITs in the United States. Generally, a non-traded Real Estate Investment Trust, or “REIT”, is a […]

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 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 […]