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Recent Posts in Securities Arbitration Category

33 results found. Viewing page 1 of 2. Go to page 1 2   Next

As Banks Focus on Wealth Management, NBRS Stands Ready to Protect Investors

Banks are gearing up to place an increased focus on wealth management, a smart move as approximately 8,000 Americans reach retirement age every day. Household wealth reached $70 trillion in the first ...
Continue reading "As Banks Focus on Wealth Management, NBRS Stands Ready to Protect Investors" »

Former JP Morgan Broker Claims Firm Withheld Commissions to Discourage Trades of Outside Funds

A former J.P. Morgan broker has filed a claim against the bank's securities unit, alleging that the firm withheld broker commissions in an attempt to discourage trades of outside funds. According ...
Continue reading "Former JP Morgan Broker Claims Firm Withheld Commissions to Discourage Trades of Outside Funds" »

FINRA Alleges that George Kardaras and Brian Borakowski Defrauded Investors

The Financial Industry Regulatory Authority (FINRA) has filed a complaint against George Alexander Kardaras (Kardaras) and Brian Matt Borakowski (Borakowski), alleging that the two brokers perpetrated ...
Continue reading "FINRA Alleges that George Kardaras and Brian Borakowski Defrauded Investors" »

Jason T. Knapp Accused of Misleading Investors

Jason T. Knapp (Knapp), a former broker with Dawson James Securities, Inc. (Dawson James), has been accused of running a nationwide Ponzi scheme under the company name SteepleChase Group ...
Continue reading "Jason T. Knapp Accused of Misleading Investors" »

Former LPL Financial Advisor Blake Richards Accused of Stealing $2 Million from Clients

Blake Richards (Richards), a former Georgia-based registered representative of LPL Financial (LPL), was charged by the Securities and Exchange Commission (SEC) with defrauding investors and ...
Continue reading "Former LPL Financial Advisor Blake Richards Accused of Stealing $2 Million from Clients" »

5 Broker-Dealers Reach $9.6 Million Settlement with Massachusetts Securities Division Regarding Non-Traded REIT Sales

Following allegations regarding improper sales of non-traded real estate investment trusts (REITs) , five independent broker-dealers have reached a $9.6 million settlement with the Massachusetts ...
Continue reading "5 Broker-Dealers Reach $9.6 Million Settlement with Massachusetts Securities Division Regarding Non-Traded REIT Sales" »

John S. Turo Accused of Selling Unlicensed Securities

Napoli Bern Ripka Shkolnik LLP (NBRS) is investigating claims on behalf of investors who were sold private placements by John S. Turo (Turo) and GT Securities, Inc. (GT Securities) in Growthink, Inc. ...
Continue reading "John S. Turo Accused of Selling Unlicensed Securities" »

NBRS Files Complaint Against First Allied Regarding Advanced Equities Private Placements

Napoli Bern Ripka Shkolnik, LLP recently filed a claim against First Allied Securities, Inc. (First Allied) regarding the firm's conduct in selling private placements offered together with ...
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LPL Ordered to Pay $9 Million for Failure to Maintain Records

LPL Financial, LLC (LPL) has been ordered to pay $7.5 million for 35 separate email retention failures, which the Financial Industry Regulatory Authority (FINRA) has alleged prevented LPL from ...
Continue reading "LPL Ordered to Pay $9 Million for Failure to Maintain Records" »

vFinance Investments Inc. Sanctioned For Regulatory Violations

The Financial Industry Regulatory Authority (FINRA) recently sanctioned vFinance investments, Inc. (vFinance) for several securities violations, including selling private placements in violation of ...
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M.D. Sass Securities LLC Fined for Misleading Advertising

The Financial Industry Regulatory Authority (FINRA) recently sanctioned M.D. Sass Securities, LLC (MD Sass) for failing to provide adequate risk disclosures in marketing materials. MD Sass promotes ...
Continue reading "M.D. Sass Securities LLC Fined for Misleading Advertising" »

Behringer Harvard REIT Funds

Napoli Bern Ripka Shkolnik, LLP (NBRS) recently filed a claim against FSC Securities Corporation (FSC) alleging that the firm's representatives recommended an unsuitable investment in the ...
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UBS Willow Fund Leaves Investors Devastated

Napoli Bern Ripka Shkolnik, LLP (NBRS) is investigating investor complaints that they were recommended an unsuitable investment in the UBS Willow Fund. The Willow Fund had reported almost $500 million ...
Continue reading "UBS Willow Fund Leaves Investors Devastated" »

NBRS Investigating Claims Against Success Trade Securities for Sale of Promissory Notes

Success Trade Securities, Inc. (STS) and its CEO and President Fuad Ahmed (Ahmed) have been accused by the Financial Industry Regulatory Authority (FINRA) and investors of improperly selling $18 ...
Continue reading "NBRS Investigating Claims Against Success Trade Securities for Sale of Promissory Notes" »

David Mickelson Accused of Improper Sale of Private Placements

Napoli Bern Ripka Shkolnik LLP (NBRS) is investigating claims on behalf of investors who were sold private placements by David Mickelson (Mickelson). Mickelson has been accused by the Financial ...
Continue reading "David Mickelson Accused of Improper Sale of Private Placements" »

ING Fined $1.2 Million for Failure to Retain and Review Financial Advisor Correspondence

Napoli Bern Ripka Shkolnik LLP (NBRS) is investigating potential claims on behalf of ING Group (ING) clients who may have been recommended unsuitable investments by the firm's financial advisors. ...
Continue reading "ING Fined $1.2 Million for Failure to Retain and Review Financial Advisor Correspondence" »

Securities Regulator Enforces Suitability Rule

The Financial Industry Regulatory Authority (FINRA) requires all brokers to make suitable investment recommendations to customers based upon the customer's investment objectives, risk tolerance ...
Continue reading "Securities Regulator Enforces Suitability Rule" »

James Glover Banned From the Securities Industry for Fraud

Napoli Bern Ripka Shkolnik, LLP (NBRS) is investigating claims on behalf of investors who were sold investments by James R. Glover (Glover). Glover has been permanently barred from the securities ...
Continue reading "James Glover Banned From the Securities Industry for Fraud" »

Ronald Cleveland Suspended For Equity-Indexed Annuities Sales

Napoli Bern Ripka Shkolnik, LLP (NBRS) is investigating claims on behalf of investors who invested in equity-indexed annuities (EIAs) sold by Ronald E. Cleveland (Cleveland). Cleveland has been ...
Continue reading "Ronald Cleveland Suspended For Equity-Indexed Annuities Sales" »

FINRA Bars David Appel from Securities Industry

Napoli Bern Ripka Shkolnik LLP is investigating claims on behalf of investors who suffered losses on promissory notes and private placements sold by David Appel. Appel has been permanently barred from ...
Continue reading "FINRA Bars David Appel from Securities Industry" »

Centara Capital Securities Investigated For Providing Misleading Presentations to Investors

Napoli Bern Ripka Shkolnik, LLP is currently investigating claims on behalf of investors who may have been misled concerning the risks and suitability of investing in the EquityKey Real Estate ...
Continue reading "Centara Capital Securities Investigated For Providing Misleading Presentations to Investors" »

Allied Beacon Partners, Inc. Fined For Failure to Supervise Its Brokers

The law firm of Napoli Bern Ripka Shkolnik LLP is currently pursuing investor claims on behalf of investors who suffered losses in investments made through Allied Beacon Partners, Inc. (ABP). ABP was ...
Continue reading "Allied Beacon Partners, Inc. Fined For Failure to Supervise Its Brokers" »

John Thomas Financial Accused of Fraud

The law firm of Napoli Bern Ripka Shkolnik LLP is currently pursuing investor claims on behalf of investors who suffered losses in investments made through John Thomas Financial Inc. John Thomas' ...
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LPL Fined for Failing to Supervise REIT Sales and Other Speculative Securities

LPL Financial, LLC ("LPL") and its brokers have been under scrutiny by several state regulatory agencies including regulators in Illinois, Massachusetts, Montana, Oregon, Washington and ...
Continue reading "LPL Fined for Failing to Supervise REIT Sales and Other Speculative Securities" »

NSB's Advisor's Counterbalance Strategy Leads to Huge Investor Losses

The law firm of Napoli Bern Ripka Shkolnik LLP is currently investigating and pursuing claims on behalf of investors of NSB Advisor, LLC's ("NSB") Counterbalance Strategy. NSB's ...
Continue reading "NSB's Advisor's Counterbalance Strategy Leads to Huge Investor Losses" »
33 results found. Viewing page 1 of 2. Go to page 1 2   Next
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