From the beginning of 2020 to mid-March 2021, the following Tortoise Energy Funds have suffered substantial losses, ranging from nearly 50% to as much as 75%.
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.
Levin Papantonio Rafferty is investigating potential customer claims involving the broker Megurditch "Mike” Patatian, formerly employed by Western International Securities.
As the number of talc powder lawsuits against Johnson & Johnson continues to rise, the multinational corporation has reserved $3.9 billion for litigation expenses and settlements, reports Business Insider. The planned reserve represents a marked increase from the $400 million that Johnson & Johnson (J&J) had earmarked for such expenses in 2019.
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.
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.
Financial Industry Regulatory Authority’s (FINRA) BrokerCheck reports that previously registered broker and investment adviser Dexter Leroy Thomas was discharged by his employer, United Planners Financial Services of America. The termination reportedly followed Thomas’ informing United Planners of his involvement with several firm-unapproved private loans and investments with people who later became clients of the firm.
Many investors have suffered substantial losses after investing in NorthStar Real Estate Income Trust (REIT) at the unsuitable recommendation of broker-dealers.
The securities lawyers at Levin, Papantonio, Thomas, Mitchell, Rafferty & Proctor, 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, liquidity needs, investment experience, or age.
Levin Papantonio Rafferty is investigating potential customer claims involving the broker Charles Bonilla, formerly employed by David Lerner Associates, Inc.
According to the Financial Industry Regulatory Authority (FINRA)’s Letter of Acceptance, Waiver, and Consent No. 2020067626001, Charles Bonilla has been suspended for five months, fined $5,000, and has been ordered to disgorge $22,417 in commissions. Bonilla’s suspension is a result of recommending energy-sector securities to his customers without having a reason to believe the investments were suitable.
When New York City Real Estate Investment Trust (REIT) listed on the New York Stock Exchange (symbol NYC), price shares plummeted 41 percent within the first day of trading. The crash hit one group of investors particularly hard—those who had purchased New York City REIT as a non-traded REIT.
The Financial Industry Regulatory Authority (FINRA)’s BrokerCheck system reports several disclosure events for broker Jeannette Adcock, currently employed by Thurston Springer Financial in Indianapolis, Indiana. According to these reports, Adcock is linked to one regulatory action, 10 customer disputes, and 10 terminations.
Now a registered investment advisor with Prime Capital Investment Advisors, LLC, Luke Michael Johnson was once registered as a broker with several securities firms, according to records gathered by the Financial Industry Regulatory Authority (FINRA)’s BrokerCheck.
In this capacity, 20 customer disputes (14 pending and six final) have been filed against Johnson, BrokerCheck reports. He also experienced three terminations.
Financial Industry Regulatory Authority (FINRA) has barred Edward (Ed) Earl Matthes from working as a broker or even associating in any capacity with a broker-dealer firm. FINRA’s BrokerCheck reports on the events that led to Matthes’ disbarment, including a 20-year history as a broker, generating multiple disclosed events—five regulatory, one criminal, one investigation, one civil, 15 customer disputes, and two terminations.
Even before he became a larger-than-life attorney and celebrity, Fredric G. Levin did not shy away from a challenge; and that is what he faced in 1958 when he befriended, George Starke, the first Black student to attend the University of Florida. Both had enrolled in their first semester of law school, but UF had only recently become racially integrated. No one knew what to expect and initially Starke was escorted to school by two U.S. marshals.
“My classmates didn’t really speak to me at first,” Starke said. “My good friends were ostracized for associating with me.”
The Law Firm’s Name Change Reflects Recent Retirements and Honors Shareholders Who Have Made Extraordinary Contributions
Restricted Trading & Market Manipulation Claims against Robinhood, Webull, Interactive Brokers, TD Ameritrade, E*Trade, Schwab & Other Trading Platforms
BREAKING NEWS: LEVIN PAPANTONIO RAFFERTY Investigates Restricted Trading & Market Manipulation Claims against Robinhood, Webull, Interactive Brokers, TD Ameritrade, E*Trade, Schwab & Other Trading Platforms.
More than 220,000 military members have been patiently waiting for 3M to be held accountable for service members’ hearing losses suffered because of the company’s defective earplugs. That wait now draws to a close. A trial date has been set for March 2021, with Judge Casey Rodgers, Chief U.S. District Judge for the Northern District of Florida, hearing the lawsuit in Pensacola, Florida.
The Dupont Co. announced a binding memorandum of understanding related to the environmental liabilities of pollution stemming from man-made chemicals—per- and polyfluoroalkyl substances (PFAS)—that are linked to cancer, according to a January 23, 2021 report from the Associated Press.