Our News Library | Levin Papantonio Rafferty - Personal Injury Law Firm

Broker Jeremy Seth Rosen Accused of Unsuitable Investments for Customers While at Berthel, Fisher & Company Financial Services

Former customers of Jeremy Seth Rosen have accused the previously registered broker and investment adviser of making unsuitable investments, according to Financial Industry Regulatory Authority’s (FINRA) BrokerCheck.  Rosen’s record contains disclosures of three pending and seven final customer disputes related to his time as a broker with Berthel, Fisher & Company (BFC) Planning, Inc.

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Piney Point Toxic Waste Class Action Lawsuit

A class action lawsuit has been brought against HRK Holdings, LLC, after an abandoned phosphate fertilizer processing plant in Manatee County developed a “significant leak” on March 25, 2021. The leak threatens local residents with 480 million gallons of toxic wastewater and poses a further danger when part of a containment wall at the site shifted.

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Former Morgan Stanley Broker Michael Barry Carter Accused of Misappropriating $6 Million of Clients’ Funds

Michael Barry Carter, a broker previously registered with Morgan Stanley and Ameriprise Financial Services, and several other firms, has been the subject of three regulatory proceedings, five customer complaints, and one termination, according to Financial Industry Regulatory Authority’s (FINRA) BrokerCheck.  

Regulatory Events Involving Michael Barry Carter

BrokerCheck reports that on three occasions, Carter has been subject to regulatory actions.

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FINRA Panel Concludes Ricky Alan Mantei Engaged in “unethical” Conduct, Resulting in Suspension

On February 18, 2021 a Financial Industry Regulatory Authority (FINRA) Extended Hearing Panel issued a Decision sanctioning Ricky Alan Mantei suspending him from associating with any FINRA Member firm in any capacity and fining him. The decision relates to violation of his former firm (JP Turner & Co’s) policies and involves the sale of structured certificates of deposits.  Mantei has reportedly appealed this decision.

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Investor Claims Against Marc Paul Haye, A Broker Formerly Registered with NYLife Securities

Previously registered broker Mark Paul Haye (aka Mark Haye) was the subject of eight customer disputes as a representative of NYLife Securities, LLC, according to Financial Industry Regulatory Authority’s (FINRA) BrokerCheck.  The company reportedly permitted Haye to resign in June 2019 after they reviewed his business practices and questioned his capacity to fulfill his professional obligations.

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NorthStar Healthcare REIT Investor Lawsuit, Investors May Be Entitled to Recover Losses

Many investors have suffered substantial losses after investing in NorthStar Healthcare Income Real Estate Income Trust (REIT) at the unsuitable recommendation of broker dealers.

The securities lawyers at Levin, Papantonio, Rafferty, Proctor, Buchanan, O’Brien, Barr & Mougey, P.A.  are investigating claims from investors whose broker dealers did not inform them of the risks of such an investment and/or neglected the factors of their clients’ risk tolerance, age, investment experience, or age.

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Bradley Carl Mascho Barred from Industry – Customers May Be Able to Recover Losses

The Financial Industry Regulatory Authority as well as the U.S. Securities and Exchange Commission have barred Bradley Carl Mascho from acting as a broker or investment advisor. Macho also cannot associate with firms that sell securities or provide investment advice to the public.  Mascho had 20 years of experience spanning five different firms before he was barred, these firms include:

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The Dangers of Xeljanz

Patients who have taken the drug Xeljanz to treat certain forms of arthritis and ulcerative colitis are learning that the cure could be worse than the disease.

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FINRA Charges Kishan Parikh, Former Ageis Capital Corp Broker, With Allegations of Excessive Trading and Unsuitable Recommendations

The Financial Industry Regulatory Authority (FINRA) has filed a disciplinary complaint against former registered broker Kishan Parikh, also known as Sean Parikh. FINRA’s complaint alleges that while employed by Aegis Capital, Parikh made unsuitable recommendations and traded the accounts of five customers excessively during a period of time between August 2014 through 2016.

On March 17, 2021, FINRA’s Department of Enforcement filed their complaint against Parikh alleging excessive trading and unauthorized trading. The FINRA complaint includes the following specific allegations:

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Former Customers of John Howley May Be Entitled to Recover Losses For Unsuitable Investment Recommendations

The Financial Industry Regulatory Authority (FINRA) has barred John C. Howley, also known as Jack C. Howley, from acting as a broker or otherwise associating with a broker-dealer firm in September of 2019. FINRA states that Howley failed to appear and provide testimony requested in connection with its investigation into allegations reported by Howley’s member firm in a Form U5 that states he failed to disclose private securities transactions to the firm and referred clients to outside investments. By refusing to appear for on-the-record testimony, Howley violated multiple FINRA rules.

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Investment Loss Claims Relating to Troy Jason Goldberg and William John Braun of National Securities in Boca Raton Have Been Filed

Two brokers and investment advisers formerly employed by National Securities Corporation in Boca Raton, have been the subject to numerous customer disputes, some of which remain pending, others of which have settled, and some of which resulted in awards for the complainants.  The Levin Papantonio Rafferty law firm is investigating potential claims involving losses or unsuitable recommendations made by Troy Jason Goldberg, William John Braun, and/or National Securities. Customers who suffered losses may have a right to recover their losses.

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Jenna Kang, Former Broker with AXA Advisors, Barred by FINRA

Broker and investment adviser Jenna Kang, formerly with AXA Advisors, LLC has been barred by the Financial Industry Regulatory Authority (FINRA) from acting as a broker or otherwise associating with a broker-dealer firm. FINRA’s BrokerCheck sheds light on the customer disputes that cloud Kang’s brief career as a broker and investment adviser, ranging from 2016 to 2020. The report details one regulatory event, nine customer disputes, and one termination.

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Customers Dispute Surrounding Diamond Investments Sold by Broker Murray Todd Peterson

Murray Todd Peterson is a previously registered broker and investment adviser whose 35-year career included 11 customer disputes, one termination, and 5 judgments/liens, according to Financial Industry Regulatory Authority’s (FINRA) BrokerCheck

Over the course of his career, Peterson worked with Ameriprise; SCF Securities, Inc.; WFG Investments, Inc.; Commonwealth Financial Network; and Financial Network Investment Corporation.

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