States

Mar 13th, 2017

ICM Asset Management in Spokane Closing its Doors under Suspicious Circumstances

ICM Asset Management of Spokane, Washington plans to close its doors permanently next month. Just a couple of years ago, the Spokane Journal of Business hailed […]
Mar 12th, 2017

Dennis A. Mehringer, Jr. Puts Customers… Second? FINRA Alleges Misconduct.

Most financial advisors claim that they put their investors’ interests first but, all too often, customers are a distant second place to an advisor’s own interests. […]
Feb 11th, 2017

Mr. Tracy R. Turner of Turner Financial Group Sued by Securities Regulator for Allegedly Improper Securities Sales

Investors who invested in 1031 exchanges through Tracy Turner and Turner Financial Group of Carlsbad, California may be regretting that decision. According to a complaint filed […]
Feb 10th, 2017

First Southern Securities Busted for Bad Municipal Bond Sales

Clients of First Southern Securities of Alpharetta, Georgia may have paid too much for their municipal bonds, or get paid too little if they ever sell […]
Feb 8th, 2017

Vanclef Financial Group in Hot Water for Misleading Marketing of Alternative Investments like Non-Traded REITs.

Clients of Vanclef Financial Group might be finding out the hard way that you can lose a lot of money in alternative investments. The Financial Industry […]
Nov 18th, 2016

Merrill Lynch Financial Advisor Matthew J. Gorelik Lied About Having a College Degree?

  According to settlement papers signed with the Financial Industry Regulatory Authority (FINRA), Mr. Gorelik, a financial advisor with a long career, has been misrepresenting his […]
Nov 10th, 2016

Investors Capital Corp. in Trouble. Again.

The bad news for Investors Capital Corp., an independent brokerage firm, just keeps coming. Recently one of its financial advisors, Cyrus Lamont Hancock of Marietta, Georgia, […]
Nov 9th, 2016

J. Randall Gladden of Securities Equity Group, Affiliate of Select Portfolio Management, Suspended for Involvement in Church Fund

In La Mesa, California, financial advisor J. Randall Gladden has been suspended from the brokerage business for a full year due to his involvement in the […]
Nov 7th, 2016

Three Reasons You Might Regret Buying a Variable Annuity from an HD Vest Financial Advisor

HD Vest recently signed a settlement agreement with one of its regulators settling disputes about issues at HD Vest that could significantly affect whether HD Vest […]
Oct 11th, 2016

SEC Sides with NBA Star Tim Duncan of San Antonio Spurs Against Financial Advisor Charles A. Banks, IV

The SEC has accused a long time financial advisor to pro athletes, Charles A. Banks, IV, with securities fraud. While the SEC’s complaint doesn’t name the […]