May 18, 2017

Barclays To Pay $97M To Customers

By |May 18th, 2017|SEC|

Barclays Capital has reached a settlement with the SEC to refund over $97 million in advisory and mutual fund fees to customers the firm allegedly overcharged. The firm also agreed to set up a fund to repay advisory fees to the overcharged customers, the SEC said. This fund will consist of $49.8 million in disgorgement [...]

May 17, 2017

Kevin Graetz Suspended By FINRA

By |May 17th, 2017|FINRA News|

Kevin Graetz has settled a FINRA complaint accusing him of failing to report federal and state tax liens against him amounting to over $1 million over nearly seven years. FINRA's Form U4 mandates registered representatives to disclose whether there are any unsatisfied judgments or liens against them. In amendments, Graetz filed to his form in [...]

May 17, 2017

Is it Acceptable to Sue Your Broker for Losses? 

By |May 17th, 2017|Broker Negligence|

Not every investment loss is the fault of your broker. Even the most upstanding, capable broker can put you in an unsuccessful investment. However, in some situations, investors lose substantial amounts of money due to the negligent or fraudulent acts of a broker. While you may be tempted to simply cut your losses and move [...]

May 12, 2017

LPL May Pay $8M In New Hampshire REIT Suit

By |May 12th, 2017|Legal Matters|

LPL Financial may ultimately repay $8 million to customers according to a settlement it reached with the New Hampshire Bureau of Securities regarding sales of non-traded real estate investment trusts. New Hampshire and LPL agreed to the settlement in December 2015. The case was initiated in reaction to a complaint from an elderly New Hampshire [...]

May 3, 2017

Discretionary versus Non-Discretionary Investment Accounts

By |May 3rd, 2017|Suitability|

Many investors wonder about the differences between discretionary and non-discretionary investment accounts or do not even realize that there are two types of such accounts that function quite differently from each other. Simply put, a discretionary account is one in which a broker makes trades, buying or selling securities, in an investor's account without the [...]

May 3, 2017

Securities Fraud: What Is Insider Trading, Exactly?

By |May 3rd, 2017|Fraud|

Since 2014, the news has been telling the story of Thomas C. Davis, the former chairman of Dean Foods, a professional gambler named Billy Walters and golf legend Phil Mickelson. According to the Justice Department and the SEC, these three men have been involved in an insider trading scam that netted Walters approximately $40 million [...]

Apr 26, 2017

Demitrios Hallas Accused By SEC Of Selling Unsuitable Investments

By |April 26th, 2017|SEC, Securities Act of 1933, Securities Law Violations|

The SEC accused former broker Demitrios Hallas with trading leveraged Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs) in clients' accounts and swindling $170,000 from one of his clients. The Commission claims he trade one hundred seventy-nine daily leveraged ETFs and ETNs in client accounts from September 2014 to October 2015, creating $128,000 in [...]

Apr 26, 2017

CFTC’s Advisory of Precious Metal Investment Fraud

By |April 26th, 2017|Fraud|

Precious metals, like gold and silver, are classified as commodities. The United States Commodity Futures Trading Commission (CFTC) is the federal agency that regulates commodity markets. The agency has issued an advisory regarding the fraudulent activities surrounding precious metal investments. The advisory warns of “tricky promises of easy profits,” and provides potential investors with warning [...]

Apr 20, 2017

Adrienne Mennemeyer Wins $1.8M Against PNC For Wrongful Firing And Defamation

By |April 20th, 2017|Defamation, Securities Arbitration, Wrongful Termination|

Adrienne Mennemeyer won $1.8 million in an arbitration against PNC Investments over a dispute over her termination from the company. On April 18, a FINRA arbitration panel issued an award, ordering PNC to pay her $1.5 million in punitive damages and $300,000 in compensatory damages arsing from her termination in December of 2013. On her [...]

Apr 11, 2017

FINRA Arbitrators Explaining Expungement Decisions More Thoroughly

By |April 11th, 2017|Broker Check, FINRA, Securities Arbitration|

FINRA arbitrators are starting to explain expungement decisions more thoroughly, getting rid of some of the mystery associated with removing customer disputes from brokers' records. This can certainly be seen in recent awards. According to the Securities Arbitration Commentator, the number of explained decisions in cases where the parties reached a settlement has increased to [...]

Mar 30, 2017

Corrine Mittag Faces Sanctions From FINRA Over Alleged Email Fraud

By |March 30th, 2017|Broker Check, FINRA News|

Corrine Mittag, formerly a broker with BancWest Investment Services, is looking at sanctions from FINRA for allegedly wiring $34,000 from a client's account without approval and as requested by a fraudulent email, according to the regulator. FINRA ordered that at least one sanction be levied against Mittag, who is now with COR Clearing. In January [...]

Mar 29, 2017

“My Broker Stole My Money:” Your Rights as a Victim of Securities Fraud and Negligence

By |March 29th, 2017|Ponzi Scheme|

For many people, the phrase “securities fraud” is synonymous with Bernie Madoff, the man who ran a multi-billion dollar Ponzi scheme that resulted in thousands of people losing their investment funds. In truth, securities fraud encompasses much more than the stereotypical boiler room: it is any act by a broker, advisor or investment firm that [...]

Mar 16, 2017

Aegis Capital Investigated By FINRA, SEC, And FINCEN

By |March 16th, 2017|FINRA, SEC|

Aegis Capital Corp., which is a mid-sized brokerage firm out of New York City and has 415 registered representatives, is currently under investigation from three regulators, according to a document filed by the SEC. These regulators include the Financial Industry Regulatory Authority (FINRA), the Securities Exchange Commission (SEC), and the Treasury Department's Financial Crimes Enforcement [...]

Free Case Evaluation

Call 888-741-7503 now or fill out the form above
to receive a free confidential 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 the facts, the damages, the jurisdiction, the venue, the witnesses, the parties, and the testimony, among other factors. No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers.

Disclaimer: Mr. Frankowski is licensed in Alabama and Florida. 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.
TEXT US888.741.7503