Allegations Against John Davenport

Connecticut revoked John Davenport’s securities license for seven years regarding allegations that he violated duties to customers.  In particular, Connecticut alleged that he misrepresented advisory fees charged to clients.  Connecticut also alleged that he failed to maintain a written investment advisory agreement with a client, and that he made a false or misleading statement to the Securities Commissioner.

Davenport’s Background

John Davenport was affiliated with Liberty Partners Financial Services from October 2016 to March 2023.  He worked in Norwalk, Connecticut and is also the subject of four customer complaints, including a 2023 complaint alleging unsuitable alternative investments.  He also operated J. Davenport Advisors LLC, which also had its investment advisory license yanked.

Who is Responsible for Investor Losses?

Liberty Partners Financial Services must reasonably supervise the activities of its representatives.  Liberty Partners Financial Services could be liable for Davenport’s conduct if it failed to reasonably supervise him and if he sold unsuitable investments to customers.

Israels & Neuman PLC is an investment fraud and Securities Arbitration law firm that represents investors all over the country.  We have represented numerous investors in Connecticut in the past.

View Connecticut Order here.

View BrokerCheck report here.

Israels & Neuman Helps Investors Recover Money

If you lost money with John Davenport or Liberty Partners Financial Services, Contact Us at 720-599-3505 or 206-795-5798 for a free and confidential evaluation of your case.

Allegations Regarding Roger Roemmich

In May 2025, Roemmich was allowed to voluntarily resign by Alexander Capital. He allegedly was “was the subject of a written customer complaint alleging that he had made unsuitable recommendations and the subject of a customer initiated civil suit alleging, among other things, that he had committed fraud, securities fraud, and had breached his fiduciary duties.”

FINRA then started its own investigation into Roemmich.  He did not cooperate with FINRA’s investigation, and as such, he was barred under FINRA Rule 8210.  Roemmich has now faced three customer complaints alleging misrepresentations about private placements.

Background on Roger Roemmich

Roger Roemmich was licensed with Alexander Capital from October 2020 to May 2025.  He was also with Dempsey Lord Smith from October 2016 to October 2020 and worked in Alpharetta, Georgia.

Is Alexander Capital Potentially Liable for Customer Losses?

FINRA standards provide that brokerage firms like Alexander Capital must reasonably supervise the activities of their financial advisors.   Firms that fail to do so could be responsible for investor losses. 

We Help Investors in Georgia

We represent investors throughout the United States as well as Georgia, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud. If you were a client of Roger Roemmich and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Roemmich’s BrokerCheck Report
• View Roemmich’s FINRA AWC

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights. Israels & Neuman can help you recover the money you deserve.

Allegations Regarding Dustin Smith

According to FINRA’s BrokerCheck, in December 2025, a customer filed a FINRA arbitration matter against RBC Capital Markets related to advisor Dustin Smith in Naples, Florida.  The Claimant alleged that RBC Capital Markets and Dustin Smith “invested the entirety of the Claimant’s retirement assets in illiquid structured notes”.  The complaint alleged $2 million in losses from these structured notes.

Background on Dustin Smith

Dustin Smith was registered with RBC Capital Markets at a Naples, Florida office between 2015 and January 2025.  Since then, he has been licensed with Citizens Securities. 

Can RBC Capital Markets Be Responsible for Customer Losses?

Pursuant to FINRA Rule 3110, brokerage firms must adequately supervise the activity of their advisors.  RBC Capital Markets could be responsible for investor losses if it failed to reasonably supervise their advisors.

Israels & Neuman Helps Investors Recover Losses in Florida

We represent investors throughout the United States as well as Florida, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.  We have represented numerous investors in Florida in the past, and attorney David Neuman is licensed to practice law in Florida.  If you were a client of Dustin Smith and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Smith’s BrokerCheck Report

Contact Us for a Free Case Evaluation

Our highly specialized attorneys are ready to help you recover what you deserve.

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights.

Allegations Against Tony Cheng

FINRA alleged that it initiated an investigation into Anthony Cheng regarding allegations that he engaged in undisclosed outside business activities.  In May 2025, he was terminated by Ameritas Investment Company regarding allegations that he engaged in private securities transactions, meaning that he sold investments that were not approved by Ameritas.  Generally, under FINRA Rules 3270 and 3280, brokers must disclose all business activities that they are involved in, and they must disclose all securities that they are selling.

In response, Tony Cheng refused to appear for an on-the-record interview, which led to him being barred from the securities industry.

Tony Cheng Industry History

Anthony Cheng was affiliated with Ameritas Investment Company from 2015 to May 2025.  He worked in an office in San Jose, California.  In addition, Cheng operated a company called Thrive Wealth Solutions.

Ameritas Investment Company Potential Responsibility

Pursuant to FINRA Rule 3110, broker-dealers like Ameritas Investment Company must reasonably supervise the activities of their representatives.  If a firm does not adequately supervise its advisors or brokers, it could be liable for any investor harm.

Israels & Neuman Represents Investors in California

Our firm represents investors throughout the US including California, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.  If you were a client of Anthony Cheng and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Anthony Cheng FINRA AWC
• View his BrokerCheck Report

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights. We have experience representing California investors and are ready to help you recover what you deserve.

FINRA has initiated an investigation into Richard Routie of Orlando, Florida, regarding allegations that he “borrowed” money from customers.  In response, he refused to appear for an on-the-record interview, which led to him being barred from the securities industry.

Richard Routie Industry History

Richard S. Routie was affiliated with Cetera Financial Specialists from June 2023 to June 2025.  He was also previously licensed with Ameriprise Financial Services from 2011 to June 2023 and worked in an Orlando, Florida office.  Routie also ran a company called Seasons of Rhema, LLC. 

Cetera Financial Specialists’ Potential Responsibility

Under FINRA Rule 3110, broker-dealers like Cetera Financial Specialists must reasonably supervise the activities of their representatives.  If a firm does not adequately supervise their brokers or advisors, it could be liable for any investor harm.

Israels & Neuman Represents Clients in Florida

Our investment fraud law firm represents investors throughout the country as well as Florida, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.  If you were a client of Richard Routie and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Richard Routie FINRA AWC
• View his BrokerCheck Report

Contact Us for a Free Case Evaluation

Our Arbitration cases are taken on a contingency fee basis, meaning you don’t have to pay us unless we successfully recover money for you!

Call us today at (720) 599-3505 or (206) 795-5798

Allegations Regarding James Eugene Holmes III

FINRA brought an investigation into James Holmes of Wells Fargo in Winston-Salem, North Carolina regarding allegations that he engaged in an unsuitable options trading strategy with a client.  FINRA further alleged that he submitted an account application which overstated the client’s prior investment experience and investment objectives, so that the customer could qualify for options trading.  Holmes also engaged in discretionary trading in the customer’s account without written authorization to do so. 

To settle these allegations, he agreed to an eight-month suspension and a $10,000 fine. 

Background on James Eugene Holmes

James Holmes was licensed with Wells Fargo from August 2019 to September 2024 at a Winston-Salem, North Carolina office.  He was discharged by Wells Fargo in September 2024 regarding allegations that he engaged in discretionary trading in multiple client accounts.  He is also the subject of a $500,000 customer complaint.

Can Wells Fargo Be Responsible for Holmes’s Conduct?

Under FINRA Rule 3110, broker-dealers like Wells Fargo must reasonably supervise the activity of its advisors.  Wells Fargo could be responsible for investor losses if it failed to reasonably supervise him.

We Help Investors in North Carolina

We represent investors throughout the United States including North Carolina, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.  We have represented numerous investors in North Carolina in the past.  If you were a client of James Holmes and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Holmes’s BrokerCheck Report
• View Holmes’s FINRA AWC

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights.

Allegations Regarding Mark Carter’s Suspension

FINRA has bought a regulatory action against Mark Carter, formerly with Pruco Securities in Charlotte, North Carolina.  FINRA alleged that he recommended that a couple engage in options trading that was not suitable for them and allegedly caused them to incur substantial financial losses.  FINRA further alleged that he engaged in discretionary trading (trading in an account without getting specific approval for each trade from the client) without getting written permission to do so.

To settle these allegations, Carter agreed to a nine-month suspension, a $20,000 fine, and agreed to disgorge $6,773.  FINRA’s BrokerCheck also discloses that a case filed against Pruco Securities involving Carter settled for $672,000.

Background on Mark Allen Carter

Mark Allen Carter was licensed with Pruco Securities from 2014 to March 2024 at a Charlotte, North Carolina office.  Carter was also allowed to resign from Pruco Securities regarding these allegations.

Can Pruco Securities Be Responsible for Customer Losses?

Pursuant to FINRA Rule 3110, brokerage firms must adequately supervise the activity of its advisors.  Pruco Securities could be responsible for investor losses if it failed to reasonably supervise him.

Israels & Neuman Helps Investors in North Carolina

We represent investors throughout the United States as well as North Carolina, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.  If you were a client of Mark Carter and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Carter’s BrokerCheck Report
• View Carter’s FINRA AWC

Contact Israels & Neuman for a Free Case Evaluation

All of our FINRA Arbitration cases are taken on a contingency fee basis, meaning you don’t pay us unless we recover money for you!

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about what we can do to help you recover your losses.

FINRA opened an investigation into George N. Jing after he was terminated by his former brokerage firm, TransAmerica Financial Advisors.  According to a regulatory document called a Form U-5, TransAmerica disclosed that Jing was discharged for his alleged participation “in an undisclosed outside business activity and/or an undisclosed private securities transaction”.  Under FINRA Rules, brokers are required to disclose any business activity that they are involved in, if it potentially involves some kind of compensation.  The securities arbitration Law Firm of Israels & Neuman is looking into whether customers can recover their losses.

The Form U-5 filing by TransAmerica triggered an investigation by FINRA.  It is a violation of FINRA Rule 8210 to refuse to respond to or cooperate with a FINRA investigation.  Violations of FINRA Rule 8210 often result in suspensions or expulsions from the securities brokerage industry, and George Jing was barred by FINRA for this reason.

George Jing’s Industry History

George N. Jing was affiliated with TransAmerica Financial Advisors from 2012 to August 2025.  He has been in the securities industry since 1997 and worked in a Rockville, Maryland office.  He also ran a company called Jing Realty.

Potential Liability of TransAmerica Financial Advisors

Under FINRA Rules, broker-dealers like TransAmerica Financial Advisors must reasonably supervise the activities of their representatives.  If the firm did not adequately supervise Jing, it could be liable to its customers for any investor harm.

Israels & Neuman represents investors in Maryland who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.  If you were a client of George Jing and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View George Jing FINRA AWC
• View his BrokerCheck Report

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights.

According to FINRA’s Disciplinary Database, George Cairnes of Wells Fargo in Houston, TX was named in a FINRA Enforcement action.  FINRA alleged that Cairnes engaged in an undisclosed outside business activity with a customer of Wells Fargo without providing prior notice to his firm.  In particular, Cairnes was alleged to have partnered with a firm customer to identify, buy, manage, and sell real estate and even incorporated an LLC to engage in this conduct. To settle these allegations, Cairnes agreed to a four-month suspension and a $2,500 fine.

If you suffered investment losses with Cairnes, you may be able to recover your losses. Contact the securities and investment fraud law firm at 720-599-3505 or 206-795-5798 for more information.

Background on George Cairnes

George Cairnes had been a representative of Wells Fargo between April 2009 to July 2023.  He worked at a Houston, Texas office.  Cairnes was also the subject of three customer complaints, including an April 2023 complaint in which a customer alleged that “she set up a line of credit to loan money to [Cairnes], his family members and his friends, and a portion of which has not been repaid, resulting in her line of credit having an outstanding balance”.   Two months later, Wells Fargo discharged Cairnes.

Cairnes has also been the subject of an investigation by the Texas Securities Board.

Can I Recover Investment Losses?

Texas investors have the right to pursue claims through FINRA arbitration, a legal forum designed to help recover funds lost due to broker misconduct or unsuitable investment recommendations.

George Cairnes may be individually liable for misrepresentation, unsuitable advice, or breach of fiduciary duty. However, Wells Fargo may also bear responsibility if they failed to properly supervise Cairnes or ignored warning signs.

We Represent Investors in Houston and Across Texas

At Israels & Neuman, we have helped thousands of investors nationwide recover money lost to financial advisor misconduct and represent investors throughout Texas. Our attorneys have extensive experience handling claims involving Wells Fargo.

Find Cairnes’s FINRA AWC here

Find Cairnes’s BrokerCheck report here

Free Case Review — Speak to a Securities Fraud Attorney Today

If you invested with George Cairnes, contact us . We always offer Free and confidential Consultations. If we take your case, we do so on a contingency fee basis—which means there are no attorney fees unless we recover money for you!

(720) 599-3505 or (720) 599-3505

Wells Fargo’s Allegations Regarding Firing Leroy Born

FINRA’s BrokerCheck discloses the reasons for Born’s termination.  According to a BrokerCheck disclosure, Born was fired by Wells Fargo “after a review determined the FA recommended investments inconsistent with certain clients’ recorded investment profiles and risk tolerances”. 

Additionally, Leroy Born has been the subject of 11 customer complaints, six of which have been made since October 2024.  Some investors alleged that Born made unauthorized investments, that investments were too risky for their risk tolerance, and that Born was not acting in the investor’s best interests.

Background on Leroy Born

Leroy Born was licensed with Wells Fargo from June 2017 to June 2025 at a Tustin, California office.  Born is now registered with International Assets Advisory in Las Flores.  Born has been in the securities industry since 1999. 

Can Wells Fargo Be Liable for Born’s Conduct?

According to FINRA Rule 3110, securities brokerage firms have obligations to sufficiently supervise the activity of its advisors.  Wells Fargo could be liable if it failed to reasonably supervise him, considering factors such as the numerous customer complaints made against him.

We Help Investors Nationwide, Including in California

We represent investors throughout the United States as well as California, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.  If you were a client of Leroy Born and believe your financial advisor acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Leroy Born BrokerCheck Report

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights.

FINRA and SEC Allegations

FINRA began investigating Jeffrey Galvani and Stuart Jeffery after they were both “permitted to resign” by Crito Capital in September 2023.  According to BrokerCheck, Galvani and Jeffery were also the subject of an investigation by the Securities and Exchange Commission (SEC).  The SEC alleged that Galvani and Jeffery “engaged in the business of selling penny stocks and other securities” through a company called GEL Direct Trust.

After Galvani’s and Jeffery’s resignation from Crito Capital, FINRA began its own investigation.  FINRA alleges that Galvani and Jeffery refused to adequately cooperate with its investigation, in violation of FINRA Rule 8210.

Background on Jeffrey Galvani and Stuart Jeffery

From May 2020 to April 2022 and again from June 2022 to September 2023, Jeffrey Galvani had been a representative of Crito Capital.  Stuart Jeffery was a representative of Crito Capital from September 2020 to September 2023.  They were assigned to a New York City office. 

Is Crito Capital Liable for Investor Losses?

Brokerage firms like Crito Capital have obligations to reasonably supervise the conduct of their financial advisors like Jeffrey Galvani and Stuart Jeffery.  If the firm fails to adequately do so, it could be responsible for any investor losses.

We Represent Clients in all 50 States

Our securities arbitration law firm represents investors throughout the country, including in New York.  If you were a client of Jeffrey Galvani or Stuart Jeffery and believe they acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Jeffrey Galvani and Stuart Jeffery FINRA Complaint
• View Galvani’s BrokerCheck Report
• View Jeffrey’s BrokerCheck Report

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights.

Elizabethtown, Kentucky — FINRA brought a regulatory action against Brenton Ditto of LPL Financial, alleging that he violated Regulation Best Interest (Reg BI) by recommending complex GNMA bonds.  FINRA alleged that Ditto did not have a reasonable basis for the elderly client to invest in these GNMA bonds.  To settle these allegations, Ditto agreed to a four-month suspension, a $5,000 fine, and to give up $400 in commissions earned from this sale.  If you suffered losses due to violations of Reg BI, you may be able to file a claim to recover your losses.

Background on Brenton Ditto

Brenton Ditto has been a representative of LPL Financial since October 2014.  He worked at an Elizabethtown, Kentucky office.  He has been in the securities industry since 2004. 

Ditto was also the subject of a customer complaint made in 2023.  The case settled for $12,475.

What If I Have Investment Losses?

Kentucky investors have the right to pursue claims through FINRA arbitration, a legal forum designed to help recover funds lost due to broker misconduct or unsuitable investment recommendations.

Brenton Ditto may be individually liable for misrepresentation, unsuitable advice, or breach of fiduciary duty. However, LPL Financial may also bear responsibility if they failed to properly supervise Ditto or ignored warning signs.

We Represent Investors in Elizabethtown and Across Kentucky

At Israels & Neuman, we have helped thousands of investors nationwide recover money lost to financial advisor misconduct and represent investors throughout Kentucky. Our attorneys have extensive experience handling claims involving LPL Financial.

Free Case Review — Speak to a Securities Fraud Attorney Today

If you invested with Brenton Ditto, contact us for a free case evaluation.

(720) 599-3505 or (206) 795-5798

FINRA began investigating James Walesa of Arkadios Capital in Park Ridge, Illinois, after a customer complaint was made in 2023.  The customer filed a FINRA arbitration complaint and alleged that Walesa recommended a speculative private investment called AIU Alternative Care, Inc., (now known as Clearday, Inc.).  AIU Alternative/Clearday was purported to be an investment in senior care products and adult daily care services.  The investments in AIU Alternative or Clearday are now worthless. 

FINRA started looking into Walesa’s involvement in AIU Alternative and asked Walesa to cooperate in an investigation.  FINRA alleges that Walesa has refused to adequately cooperate with its investigation, in violation of FINRA Rule 8210.  The most common penalty for such a violation is expulsion from the securities industry.  If you lost money with this advisor, the securities law firm of Israels & Neuman may be able to help you file a claim to recover your losses.

Background on James Walesa

From September 2019 to December 2021, James Walesa had been a representative of Arkadios Capital.  Previously he worked with Triad Advisors from 2000 to September 2019.  He was assigned to a Park Ridge, Illinois office. 

Walesa has been the subject of 14 customer complaints, most of which were made between 2021 and 2024.  He also filed for bankruptcy in 2023.   

Responsibility for Walesa’s Conduct

Arkadios Capital, as a FINRA member, has obligations to supervise the conduct of its financial advisors like James Walesa.  If the firm fails to adequately do so, it could be responsible for any investor losses.

Israels & Neuman Represents Clients in Park Ridge, Illinois

Our securities arbitration law firm has offices in Chicago, Illinois and represents investors throughout the country, including in Park Ridge.  Attorney David Neuman was born and raised in the suburbs of Chicago and maintains his license to practice law in Illinois.  If you were a client of James Walesa and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View James Walesa FINRA Complaint
• View his BrokerCheck Report

Contact Us for a Free Case Evaluation

We always offer Free Consultations. If we take your case, we do so on a contingency fee basis—which means there are no attorney fees unless we recover money for you!

 (720) 599-3505 or (206) 795-5798

Ruben Rojas-Salvador’s Industry History

Ruben Rojas-Salvador was affiliated with Craft Capital Management from September 2023 to July 2025.  He worked in a New York, New York office. 

Craft Capital Management’s Potential Responsibility

FINRA Rule 3110 states that securities broker-dealers like Craft Capital Management must reasonably supervise the activities of their representatives.  If the firm failed to adequately supervise their advisor, they could be liable for any investor harm.

We Represent Clients in New York

Our firm represents investors in New York who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.  If you were a client of Ruben Rojas-Salvador and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Ruben Rojas-Salvador FINRA AWC
• View his BrokerCheck Report

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 to speak directly with an attorney

If we take your case, we do so on a contingency fee basis—which means there are no attorney fees unless we recover money for you!

Edward Hill Securities Information

Edward Hill held his securities license through LPL Financial since February 2018.  Prior to that, he was an affiliate of Edward Jones.  Hill works in a West End, North Carolina office.

Did LPL Financial Violate Rules?

Securities firms like LPL Financial must ensure that their representatives follow all applicable rules and regulations.  The firms must make sure that the advisors comply with FINRA’s rules regarding misrepresentations, omissions, and suitability.  Violations of these rules could lead to liability for a broker-dealer.

North Carolina Investment Lawyers

Our securities arbitration law firm represents investors throughout the country, including in West End, North Carolina.   If you were a client of Edward Hill and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

Contact Israels & Neuman for a Free Case Evaluation

We always offer Free Consultations. If we take your case, we do so on a contingency fee basis—which means there are no attorney fees unless we recover money for you!

(720) 599-3505 or (206) 795-5798

www.IsraelsNeuman.com

BrokerCheck, a website maintained by FINRA, has disclosed that financial advisor Robert Alegria and Morgan Stanley are the subject of a customer complaint that was filed in June 2025.  The customer alleged that Alegria made unsuitable investment recommendations and violated Regulation Best Interest (Reg BI) with respect to a securities-backed line of credit.  The alleged conduct occurred between 2014 and 2024 and allegedly involved corporate debt or bonds.

Who is Robert Alegria?

Robert Alegria has been a registered representative of Morgan Stanley since January 2015 and works in a Miami, Florida office.  He also previously worked with RBC Capital Markets.

Can Morgan Stanley be Held Liable for Losses?

Under FINRA Rule 3110, Morgan Stanley must reasonably supervise the activities of its registered representatives.  Morgan Stanley is also required to comply with Rule 2111, providing that investment recommendations are suitable for its customers.  Violations of these rules could lead to liability for a broker-dealer.

We Represent Investors in Florida

Our securities arbitration law firm represents investors throughout the country, including in Florida and the Miami area.  Attorney David Neuman is licensed to practice law in Florida.  If you were a client of Robert Alegria and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View his BrokerCheck Report

Contact Us for a Free Case Evaluation

We always offer Free Consultations. If we take your case, we do so on a contingency fee basis—which means there are no attorney fees unless we recover money for you.

Call us today at (720) 599-3505 or (206) 795-5798

Background on Stephen Parks

Stephen G. Parks has been a registered representative of Skystone Securities from June 2020 to the present.  He was with a number of other firms between 2006 and 2020 and works in a Dallas, Texas office.

Liability for Bad Conduct

FINRA Rule 3110 provides that Skystone Securities is required to reasonably supervise the activities of its financial advisors.  Securities firms must also comply with Rule 2111, providing that investment recommendations are suitable for its customers.  Violations of these rules could lead to liability for a broker-dealer.

Israels & Neuman Represents Victims in Dallas, TX

Our securities arbitration law firm represents investors throughout the country, including in Texas and the Dallas area.  If you were a client of Stephen Parks and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View his BrokerCheck Report

Contact Us for a Free Case Evaluation

Our arbitration cases are taken on a contingency fee basis – meaning you pay no fees unless we recover money for you!

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights.

FINRA maintains a website called BrokerCheck, which discloses events like customer complaints, terminations, and regulatory investigations against licensed financial advisors.  According to BrokerCheck, Marston has been the subject of six customer complaints, five of which were made between 2021 and 2023.  The most recent five complaints all make allegations regarding unsuitable recommendations to invest in alternative investments, including investments in real estate and BDCs (or business development companies).

Background on Brian Marston

Brian Marston held his securities license through Woodbury Financial Services from May 2006 to December 2023.  He was assigned to a Parker, Colorado office and also worked in Greenwood Village.  Marston had been in the industry since 1981.

Who is Liable for Losses?

Woodbury Financial Services is a broker-dealer and is required to reasonably supervise the activities of its financial advisors, under FINRA Rule 3110.  Woodbury also is required to ensure that investment recommendations are suitable for its customers under Rule 2111.  Violations of these rules could lead to liability for a broker-dealer.

We Serve Colorado Investors

Our securities arbitration law firm represents investors throughout the country, including in Colorado and the Denver Metro area.  Attorney Aaron Israels is licensed to practice law in Colorado, and our firm maintains an office in Denver.  If you were a client of Brian Marston and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View his BrokerCheck Report

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights.

FINRA’s Allegations Regarding Spivey

According to a recent Letter of Acceptance, Waiver, and Consent (AWC) filed by FINRA, the regulator was investigating whether Spivey’s investment recommendations were in the best interests of a customer.  FINRA requested that he appear for an on-the-record interview, but he acknowledged that he would not appear for the interview.  Under FINRA Rule 8210, FINRA barred him from the securities industry.

Background on Donald Spivey

From 2005 to October 2023, Donald Spivey had been a representative of Carter Terry & Company.  He was assigned to a Camden, South Carolina office.  He also previously worked with Morgan Stanley, Paine Webber, and other firms.

Responsibility for Spivey’s Conduct

Carter Terry & Company has an obligation to review its advisors’ conduct and take necessary action if potential securities violations are involved.  If the firm fails to adequately do so, it could be responsible for any investor losses.

Who Should I Call if I Lost Money with Donald Spivey in South Carolina?

Call the securities firm of Israels & Neuman at 720-599-3505. Our securities arbitration law firm represents investors throughout the country, including in South Carolina.  If you were a client of Donald Spivey or other advisor, and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration. Act now, as statutes of limitations may be running out.

• View Donald Spivey FINRA AWC
• View his BrokerCheck Report

Contact Us for a Free and Confidential Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 to speak directly with an experienced lawyer.