+1-888-741-7503

|Richard@frankowskifirm.com

About Richard Frankowski

This author has not yet filled in any details.
So far Richard Frankowski has created 573 blog entries.

Frankowski Firm Investigating UBS Broker

The Frankowski Firm is currently investigating the possible wrongdoing of current UBS Financial Services broker Bradley Ross of Fort Lauderdale, Florida. According to FINRA's BrokerCheck, Ross has been the subject of a number of customer complaints. In 2015, a customer alleged Ross, while employed at UBS, recommended investments not consistent with their risk tolerance. The customer claimed Ross's recommendation was made with total disregard for their risk tolerance and was a radically unsuitable recommendation based on both their risk tolerance and investment history. Again in 2015, a customer alleged Ross, while employed at UBS, refused to follow the customer's directives to sell, violated multiple fiduciary obligations including the buying of unsuitable investments and making unauthorized trading. The customer requested $94,862 in damages. Also in 2015, a customer alleged Ross, while employed at UBS, recommended unsuitable investments and over-concentrated their account. The customer sought $400,000 in damages in the complaint. In 2014, a customer alleged Bradley Ross, while employed at UBS Financial [...]

By |February 5th, 2016|Broker Check, FINRA, Press Releases & News, SEC|
Read More

Former Wedbush Securities Broker Defrauds Elderly Customer

  In July 2014, Michael Winegar, formerly a broker with Wedbush  Securities, allegedly convinced an elderly customer to pay him $100,000. Winegar told the 85-year-old customer that he would use the funds to create an independent advisory firm through which Winegar would supposedly satisfy the $100,000 debt by providing the customer with free investment advice over the next four years. Winegar never established an independent advisory firm. In fact, Winegar was planning on retiring from the securities industry at the time of the agreement. After receiving the $100,000, Winegar sold his securities business to another Wedbush representative and left the industry. As part of the sale, Winegar entered into a non-compete agreement that prevented him from providing investment advice to his former Wedbush customers, including the elderly customer from whom Winegar had received the $100,000. Winegar used the customer's money for his own personal use, including paying off his daughter's student loan debt and his own credit card bills. He [...]

By |February 4th, 2016|Broker Check, FINRA, Fraud, Press Releases & News|
Read More

Frankowski Firm Investigating Former Raymond James Broker

The Frankowski Firm is currently investigating the potential claims of people of who lost money investing with Glenn Guthrie, a former broker with Raymond James Financial Services in Birmingham, Alabama. According to FINRA's BrokerCheck report, Guthrie is the subject of a customer complaint and an employment separation after allegations of selling away. In 2015, a customer accused Guthrie of selling away while employed at Raymond James. The customer has asked for $1,490,000 in damages, plus interest. The customer complaint alleges that Guthrie described the investment as safe and one in which he had a personal investment, while Guthrie knew or should have known that the company was failing and did not own the legal rights to the technology it was marketing. Guthrie is also alleged to have advised the private company to take actions against the best financial interests of the customer in order to protect Guthrie's own personal financial interests in the company. Guthrie was removed from his position [...]

By |February 1st, 2016|Broker Check, FINRA, Press Releases & News|
Read More

SEC Reaching End Of Case Against Adviser Who Refuses To Defend Herself

The SEC will reach the end of its case today against a financial adviser who refuses to defend herself in the agency's in-house enforcement proceeding, noting constitutional reasons. Dawn Bennett, CEO of Bennett Group Financial Services LLC in Washington, D.C., and her attorneys have blown off the proceeding which began on Wednesday and will close after testimony from a final SEC witness today. The SEC filed civil claims against Bennett last year claiming that she used her paid radio program to severely inflate the amount of assets her firm managed and exaggerate invest returns. Bennett denies the allegations. Bennett and her attorneys assert that boycotting the proceedings is a piece of their strategy to fight the SEC's use of its in-house courts in enforcement proceedings. Bennett filed a civil suit against the SEC in Maryland federal court in October. Her suit is part of a growing faction of cases fighting the constitutionality of how the SEC appoints its administrative law [...]

By |February 1st, 2016|Fraud, Press Releases & News, SEC|
Read More

Fill Out The Form To Receive A Free Confidential Consultation

Consultation

The recoveries, verdicts, favorable outcomes, and testimonials described on this site are not an indication of future results. Every case is different, and regardless of what friends, family, or other individuals may say about what a case is worth, each case must be evaluated on its own facts and circumstances as they apply to the law. The valuation of a case depends on facts, the damages, the jurisdiction, the venue, the witnesses, the parties, and the testimony, among many other factors. No representation is made that the quality of the legal services performed is greater than the quality of the legal services performed by other lawyers.

Disclaimer: Mr. Frankowski is licensed in Alabama,Florida and Texas. He is not licensed in any other state including Nevada and California. Mr. Frankowski has represented investors from all over the country in securities cases including: Alabama, California, Colorado, Florida, Georgia, Illinois, Kentucky, Louisiana, Mississippi, Nevada, New Mexico New York, North Carolina, Tennessee, Texas.