If you’re a past or present client of financial advisor Richard Ceffalio from Arlington Heights, Illinois, our law firm is investigating allegations against him. In May 2024, Ceffalio was terminated by LPL Financial due to claims that he solicited a loan from a client. Typically, financial advisors are prohibited from borrowing from clients, with few exceptions.

FINRA launched an investigation into Ceffalio’s actions. Additionally, he has faced four customer complaints since July 2023, including an allegation of forging a client’s signature on a line of credit agreement.

Ceffalio was employed with LPL Financial from November 2019 until May 2024, working out of an Arlington Heights, Illinois office. He also previously worked at Wells Fargo.

Under securities rules and regulations, LPL Financial is mandated to implement written supervisory and compliance procedures to oversee Ceffalio’s conduct. If LPL Financial failed to adequately supervise him, they could be held liable for any client losses.

Israels & Neuman represents investors nationwide, including those in the Chicagoland area. Attorneys Aaron Israels and David Neuman are licensed to practice in Illinois. Attorney Neuman is a native of the Chicago suburbs and attended the University of Illinois and Northern Illinois University.

You can access Richard Ceffalio’s BrokerCheck report here.

If you lost money with Richard Ceffalio or LPL Financial, contact the law firm of ISRAELS & NEUMAN at (616) 280-4303 or (206) 795-5798 for a Free evaluation of your case.

Have you lost money with advisor Mark Stanley, formerly with Royal Alliance and now with Osaic Wealth in Bellevue, Washington? The investment fraud law firm of Israels & Neuman is reviewing claims made by former customers against Mark Stanley or Mark J. Stanley.

FINRA’s BrokerCheck which is linked below, discloses that this advisor has been the subject of two customer complaints since 2023. A 2023 complaint alleges that he induced a customer to surrender a variable annuity and invest the proceeds in a managed account against their wishes. The case settled for $159,000. A 2024 complaint alleged that he did not obtain authorization to engage in an options strategy that resulted in capital gains taxes.

From October 2020 to the present, Mark Stanley has been with Royal Alliance (which was merged into Osaic Wealth). He works in a Bellevue, Washington office.

Israels & Neuman is a securities and investment fraud law firm with its main offices in Seattle, WA,; Phoenix, AZ; Grand Rapids, MI and Ann Arbor, MI. We represent clients in all 50 states and attorney Dave Neuman is licensed to practice law in Washington.

You can find Mark Stanley’s BrokerCheck Report HERE.

If you lost money with Mark Stanley, Royal Alliance or Osaic Wealth, contact the law firm of ISRAELS & NEUMAN at (616) 280-4303 or (206) 795-5798 for a Free evaluation of your case.

Are you a former customer of financial advisor Bryce Hamilton from Carmel by the Sea, California? Our investment fraud law firm is looking into allegations made against this advisor. He was permitted by LPL Financial to resign in October 2024 regarding allegations that he failed to timely report a customer complaint regarding conduct at prior firms.

The customer complaint alleged that Mr. Hamilton recommended an unsuitable investment in a private placements during 2021. He was affiliated with a few firms during 2021, including Kingswood Capital Partners, Financial Gravity Family Office Services, and Forta Financial Group in Carmel by the Sea, California. The customer alleged $300,000 in losses from these private placements.

Our firm has represented numerous investors throughout California and have sued dozens of brokerage firms in the past. We represent clients in all 50 states.

You can find a copy of Bryce Hamilton’s BrokerCheck report here.

If you lost money with Bryce Hamilton, Kingswood Capital Partners, Financial Gravity Family Office Services, or Forta Financial Group, contact the law firm of ISRAELS & NEUMAN at (616) 280-4303 or (206) 795-5798 for a Free evaluation of your case.

NEW YORK, NY Have you lost money with advisor Kieran Loughran, formerly with Spartan Capital Securities in New York, New York? Our investment fraud law firm is reviewing claims made by FINRA against Kieran Loughran. FINRA suspended this advisor from the securities industry for three months, fined him $5,000, and ordered him to pay $43,495 in restitution.

FINRA’s AWC alleges that Mr. Loughran allegedly excessively traded a customer’s accounts between January 2016 and March 2019. His trading generated over $43,495 in commissions for himself while generating trading losses of $179,000. The account had a cost-to-equity ratio of 48%. This means that the account would need to earn a profit of 48% just to break even from the costs of trading.

From November 2014 to October 2022, Kieran Marc Loughran was a representative of Spartan Capital Securities. He worked in a New York City office. He was also the subject of four customer complaints and 12 tax liens or judgments.

Israels & Neuman is an investment fraud law firm that represents clients throughout the U.S., including investors in New York. We also have previously represented thousands of investors against multiple securities brokerage firms around the country.

VIEW FINRA AWC HERE. VIEW BROKERCHECK REPORT HERE.

If you lost money with Kieran Loughran or Spartan Capital Securities, please Contact Us at 206-795-5798 for a free evaluation of your case.

CANONSBURG, PENNSYLVANIA Did you lose money with financial advisor Christopher Reynolds, formerly with Pruco Securities in Canonsburg, Pennsylvania? The securities fraud law firm of Israels & Neuman is reviewing claims made by FINRA against this advisor. FINRA barred him from the securities industry in August 2024.

FINRA alleged that Christopher Reynolds forged client signatures for three customers on 11 documents. He allegedly did so for at least two customers without authorization or knowledge of the clients. He also made recommendations to withdraw money from annuities in violation of Regulation Best Interest, according to FINRA’s complaint.

From September 2021 to January 2023, Christopher Reynolds was a representative of Pruco Securities. He was also previously licensed with Wesbanco Securities. He worked in a Canonsburg, Pennsylvania office.

Israels & Neuman is an investment fraud law firm that represents clients throughout the U.S., including investors in Pennsylvania. We also have previously represented thousands of investors against dozens of securities brokerage firms around the country.

VIEW FINRA AWC HERE. VIEW BROKERCHECK REPORT HERE.

If you lost money with Christopher Reynolds or Pruco Securities, please Contact Us at 206-795-5798 for a free evaluation of your case.

WEATHERFORD, TEXAS Did you invest with Debra Mae Carter in Weatherford, Texas? She previously worked with KMS Financial, and was recently sentenced to life in prison for her role in William “Doc” Gallagher’s Ponzi scheme. Over $30 million was stolen from victims in Gallagher’s scheme.

Debra Mae Carter was licensed in the securities industry from 1983 to April 2018 and worked in Weatherford, Texas. She was a representative of KMS Financial from April 2015 to April 2018.

KMS Financial was a securities brokerage firm based in Seattle and had obligations to reasonably supervise Ms. Carter’s conduct under FINRA rules. If they failed to do so, the brokerage firm can be liable for investor losses.

View BrokerCheck Report HERE.

If you lost money with Debra Mae Carter or KMS Financial, please Contact Us at 206-795-5798 for a free evaluation of your case.

MARIETTA, GEORGIA Have you invested with financial advisor Richard Critelli from Marietta, Georgia? The securities arbitration law firm of Israels & Neuman is reviewing allegations made against Richard A. Critelli. In December 2023, he was fired by Fifth Third Securities. Critelli was alleged to have altered customer documentation.

Richard Critelli held his securities license with Fifth Third Securities from April 2019 to December 2023. He also previously worked with Morgan Stanley and Edward Jones.

Brokerage firms are required by FINRA to have written supervisory and compliance procedures, under securities rules and regulations. If the firm failed to reasonably supervise it’s advisors, it may be liable for customer losses.

Our firm has represented numerous investors throughout Georgia and have sued dozens of brokerage firms in the past.

View BrokerCheck report here.

If you lost money with Richard Critelli or Fifth Third Securities, please Contact Us at 206-795-5798 for a free evaluation of your case.