development - Israels & Neuman, PLC

Complaints Against LANNY HOWARTER of Crown Capital

Israels & Neuman, PLC — Tue, 05 Oct 2021 18:51:54 GMT

SAN DIEGO, CALIFORNIA Have you lost money with financial advisor Lanny Howarter, with Crown Capital Securities in San Diego, California? We are looking into allegations made against Lanny Howarter. Howarter has been the subject of seven customer complaints, three of which were made within the last year. Many of the complaints allege unsuitable investments in REITs (real estate investment trusts), BDCs (business development companies), and private placements.

Lanny Howarter has been with Crown Capital Securities from March 2009 to the present. He has worked at branch offices in San Diego, California.

Brokerage firms like Crown Capital Securities have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in California. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Crown Capital Securities.

Click here to view Howarter BrokerCheck Report

If you lost money with Lanny Howarter or Crown Capital Securities, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.

CYNTHIA GIOVACCHINO of LPL Accused of Unsuitable REITs

Israels & Neuman, PLC — Tue, 05 Oct 2021 18:45:05 GMT

SHELTON, CONNECTICUT Have you lost money with financial advisor Cynthia Giovacchino, with LPL Financial in Shelton, Connecticut? We are looking into allegations made against Cynthia Giovacchino. Giovacchino has been the subject of four customer complaints, one of which was recently made. Many of the complaints allege unsuitable investments in REITs (real estate investment trusts) and BDCs (business development companies).

Cynthia Giovacchino has been with LPL Financial from October 2011 to the present. She has worked at branch offices in Shelton, Connecticut.

Brokerage firms like LPL Financial have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Connecticut. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against LPL Financial.

Click here to view C. Giovacchino BrokerCheck Report

If you lost money with Cynthia Giovacchino or LPL Financial, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.

KEVIN McCALLUM of LPL Ordered to Pay $1.2 Million for Losses in BDC’s

Israels & Neuman, PLC — Tue, 22 Jun 2021 21:49:44 GMT

Financial Advisor Accused of Concentrating Investments in Business Development Companies

BIRMINGHAM, ALABAMA – Have you lost money with financial advisor Kevin McCallum of Birmingham, Alabama? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Kevin McCallum. FINRA alleged that McCallum recommended that several of his clients concentrate their investments in BDCs, or business development companies.

FINRA alleged that the investments in BDCs made by McCallum lost his investors over $1.2 million. To settle these allegations, McCallum agreed to a one-year suspension, a $25,000 fine, disgorgement of $14,000, and restitution of over $1.2 million for the BDC losses.

Kevin McCallum was a financial advisor and registered representative of LPL Financial from May 2012 to July 2019. He was also with Cadence Bank for the same time period. He worked at a branch office in Birmingham, Alabama. McCallum has been the subject of 5 customer complaints.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Alabama in the past. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against LPL Financial.

View FINRA AWC: McCallum, Kevin FINRA AWC

View BrokerCheck: McCallum, Kevin BrokerCheck 6.22.21

If you lost money with Kevin McCallum or LPL Financial, please CONTACT ISRAELS & NEUMAN Law Firm at (720) 599-3505 or (206) 795-5798 for a free evaluation of your case.

Investigation of CRAIG HAUGER of Woodbury Financial

Israels & Neuman, PLC — Fri, 18 Jun 2021 14:52:50 GMT

Israels & Neuman, PLC Investigates Craig Hauger, Formerly of Questar Capital and now with Woodbury Financial GOODYEAR, ARIZONA – Have you lost money with financial advisor Craig A. Hauger, formerly of Questar Capital and now with Woodbury Financial in Goodyear, Arizona? We are looking into allegations made against Craig Hauger. Craig Hauger has been the subject of a customer complaint that was filed in 2021. The customers alleged that Hauger misrepresented BDCs, or business development companies. The customers alleged at least $5,000 in damages from the BDCs.

Craig Hauger was a registered representative of Questar Capital from September 2014 to March 2019. Hauger has also been with Woodbury Financial from March 2019 to the present. He has worked at branch offices in Goodyear, Arizona.

Brokerage firms like Questar Capital and Woodbury Financial have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Phoenix, Arizona; Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Arizona. Attorney Aaron Israels is licensed to practice law in Arizona. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

Click to view BrokerCheck: Hauger, Craig BrokerCheck 6.17.21

If you lost money with Craig Hauger, Woodbury Financial, or Questar Capital, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.

Joseph Faherty Complaints of Unsuitable BDCs and REITs

Israels & Neuman, PLC — Tue, 15 Jun 2021 20:06:03 GMT

Israels & Neuman, PLC Investigates Joseph Faherty, of Royal Alliance Associates OLD TAPPAN, NEW JERSEY – Have you lost money with financial advisor Joseph Faherty, of Royal Alliance Associates in Old Tappan, New Jersey? We are looking into allegations made against Joseph Faherty, who has been the subject of two customer complaints, one which was filed in 2021. The customers alleged that Faherty sold them unsuitable BDCs (business development companies) and REITs (real estate investment trusts). The customers allege a combined $900,000 in damages from the BDCs and REITs.

Joseph E. Faherty has been a registered representative of Royal Alliance Associates from 2005 to the present. He has worked at branch offices in Old Tappan, New Jersey.

Brokerage firms like Royal Alliance Associates have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New Jersey. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Royal Alliance Associates.

Click to view BrokerCheck: Faherty, j BrokerCheck 6.11.21

If you lost money with Joseph Faherty or Royal Alliance Associates, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.

Allegations Against MIKE SAVARESE for Selling REITs and BDCs

Israels & Neuman, PLC — Tue, 15 Jun 2021 11:00:06 GMT

Israels & Neuman, PLC Investigates Michele Savarese, Formerly of Presidential Brokerage and Kestra Investment Services SAN DIEGO, CALIFORNIA – Have you lost money with financial advisor Michele Savarese aka Mike Savarese, formerly of Presidential Brokerage and Kestra Investment Services in San Diego, California? We are looking into allegations made against Michele Savarese, who has been the subject of twelve (12) customer complaints, one of which was made in 2020. Savarese has been alleged to have sold alternative investments like non-traded REITs (real estate investment trusts) and BDCs (business development companies). Some of these REITs and BDCs include Sierra Income Corp., CION Investment, Northstar REITs, and Carter Validus Mission Critical REIT II.

Mike Savarese aka Michele Savarese was a registered representative of Presidential Brokerage from 1996 to November 2016. Savarese was also with Kestra Investment Services from October 2016 to August 2018. He has worked at branch offices in San Diego, California.

Brokerage firms like Presidential Brokerage and Kestra Investment Services have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Click to view BrokerCheck: Savarese, M. BrokerCheck 5.14.21

If you lost money with Michele Savarese, Kestra Investment Services, or Presidential Brokerage, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.