Seattle - Israels & Neuman, PLC

JOHN KASEL of US Bancorp Attempts to Expunge His Record

Israels & Neuman, PLC — Tue, 18 Jun 2024 18:37:17 GMT

John Kasel, Formerly with US Bancorp Investments, Loses Arbitration Hearing to Expunge His Record

SEATTLE, WASHINGTON Did you invest with stockbroker John Kasel in Seattle, Washington? The securities and investment fraud law firm of Israels & Neuman is reviewing claims made against John Kasel, who was formerly with US Bancorp Investments. FINRA’s Arbitration Award Database shows that he tried to expunge an incident from his record. The arbitration panel has denied his request.

FINRA’s BrokerCheck reveals that John Kasel has two marks on his record. First, in 2017, he was the subject of a customer complaint that settled for $76,900 where the customer was seeking $70,000 in damages. Second, in 2019, he was suspended for three months by FINRA regarding allegations that he engaged in an undisclosed outside business activity by managing a customer’s real estate properties for compensation. The arbitration award is unclear as to which incident Mr. Kasel tried to have expunged from his record.

According to BrokerCheck, John Kasel had been with US Bancorp Investments from September 2016 to February 2019. He also worked with KMS Financial from 2005 to December 2014, and worked in Seattle, Washington.

Israels & Neuman is an investment fraud and securities arbitration law firm with offices in Seattle, Denver, Phoenix, and Ann Arbor, Michigan. We have recovered millions of dollars for investors in the past and represent investors throughout the country, including in Washington. Attorney David Neuman oversees our main office located in Seattle, Washington.

View BrokerCheck Report HERE.

If you lost money with John Kasel or US Bancorp Investments, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.

DAVID WONG of Integrity Brokerage Subject of COMPLAINTS

Israels & Neuman, PLC — Thu, 09 May 2024 18:33:22 GMT

David Wong, With Integrity Brokerage, Subject of FINRA Complaints

SEATTLE, WASHINGTON Israels & Neuman is reviewing allegations made by FINRA against David Wong, who owns and operates Integrity Brokerage in Seattle, Washington. FINRA wants to punish this advisor according to a May 2024 complaint.

FINRA has alleged that David Wong misappropriated about $9,500 from three clients in 2022 and 2023. It was alleged that he converted the money by withdrawing it from customer accounts and depositing the money into accounts owned by his brokerage firm.

David Wei Wong is a representative of Integrity Brokerage, from April 2020 to the present. He is also an advisor with Integrity Advisers, LLC. He operates offices in Seattle, Washington and Los Angeles, California. He was also the subject of a 2021 customer complaint.

Israels & Neuman has offices in Seattle, Denver, Phoenix, and Ann Arbor, Michigan. Attorney David Neuman is licensed to practice law in Washington, and we represent investors throughout the Seattle area.

If you lost money with David Wong or Integrity Brokerage, please Contact Us at 206-795-5798 for a free evaluation of your case.

View FINRA’s Complaint HERE View BrokerCheck Report HERE

YONG CHANG of Independent Financial Subject of COMPLAINTS

Israels & Neuman, PLC — Mon, 09 Oct 2023 19:12:10 GMT

Yong Chang with Independent Financial Group Subject of Two Complaints

SEATTLE, WASHINGTON

Have you invested with Yong Chang from Seattle, Washington? Our securities arbitration law firm is reviewing claims made by clients of Yong Seok Chang, with Independent Financial Group.

Chang has been a representative of Independent Financial Group since 2008 in Seattle, Washington, as well as a company called U&T Financial. He has been the subject of two customer complaints since November 2021, both of which allege that Chang recommended unsuitable investments in non-traded REITs, or real estate investment trusts.

Financial advisors are subject to the rules of FINRA, the Financial Industry Regulatory Authority. One of these rules is FINRA Rule 2111, which provides that financial advisors make suitable investment recommendations to customers. The brokerage firm and/or advisor can be liable if Rule 2111 is violated.

Our law firm represents investors throughout the country, including investors in Washington. Attorney David Neuman has an office in Seattle and is licensed to practice law in Washington.

VIEW BROKERCHECK REPORT HERE

If you lost money with Yong Chang or Independent Financial Group, please Contact Us at 206-795-5798 for a free evaluation of your case.

JAMES PELLETIERE of Pruco Securities is BARRED

Israels & Neuman, PLC — Thu, 05 Oct 2023 18:47:18 GMT

James Pelletiere, formerly with Pruco Securities, Barred by FINRA

DOWNERS GROVE, ILLINOIS

Did you invest with financial advisor James Pelletiere, formerly with Pruco Securities? We are reviewing claims made against James Pelletiere from Downers Grove, Illinois. In October 2023, FINRA (the Financial Industry Regulatory Authority) barred Pelletiere from the securities industry. FINRA alleged that he did not cooperate with a FINRA investigation.

FINRA’s Disciplinary Database shows that Pelletiere was under investigation in June 2023. Pelletiere was the subject of a December 2022 customer complaint alleging that he misrepresented surrender fees associated with the replacement of a life insurance policy. Pruco Securities internally investigated Pelletiere and believed that Pelletiere accepted cash from a customer and deposited the cash into his own personal account.

Mr. Pelletiere was a financial advisor and registered representative of Pruco Securities from June 2019 to October 2022. He was also affiliated with Pruco Securities’ affiliate, Prudential Insurance. He worked in a branch office in Downers Grove, Illinois.

FINRA Rule 8210 requires stockbrokers and financial advisors like Pelletiere have to respond to FINRA investigations. Advisors are often barred for failing to respond to such investigations.

Our law firm represents investors throughout the Chicagoland area. Attorney David Neuman grew up in the western suburbs in nearby Addison and still maintains his Illinois law license.

VIEW FINRA AWC HERE VIEW BROKERCHECK HERE

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

Advisor KELIIKAI CASTILLO of UnionBanc is FIRED

Israels & Neuman, PLC — Wed, 20 Sep 2023 18:03:01 GMT

Keliikai Castillo Fired by UnionBanc Investment Services

SEATTLE, WASHINGTON

Are you a former client of Keliikai Castillo with UnionBanc Investment Services in Seattle, Washington? He was fired by UnionBanc Investment Services in July 2023. According to BrokerCheck, Castillo engaged in unreported outside business activities and private securities transactions.

In simple terms, this means that he allegedly sold investments that were not approved by UnionBanc Investment Services. FINRA Rule 3280 provides that no representative of a brokerage firm can engage in a transaction in which the representative will earn compensation without getting approval from their brokerage firm.

Keliikai Castillo was a financial advisor and registered representative of UnionBanc Investment Services between May 2009 and July 2023. He worked in offices in Seattle, Washington. He had been licensed in the securities industry since 2004.

Our investment fraud law firm has an office in downtown Seattle, and we represent investors all over the Seattle area. Attorney David Neuman is licensed to practice law in Washington.

VIEW CASTILLO BROKERCHECK REPORT HERE.

If you lost money with Keliikai Castillo or UnionBanc Investment Services, please Contact Us at 206-795-5798 for a free evaluation of your case.

COMPLAINTS Against GREGORY IGLOW of Oppenheimer

Israels & Neuman, PLC — Mon, 10 Jul 2023 19:32:32 GMT

Gregory Iglow, with Oppenheimer & Co., Subject of Complaints

LOS ANGELES, CALIFORNIA

Did you lose money with financial advisor Gregory Iglow with Oppenheimer & Co. in Los Angeles, California? Our law firm is looking into claims made by current or former clients Gregory Iglow, who has been a representative of Oppenheimer since June 2007.

According to BrokerCheck, Gregory Iglow has been the subject of nine customer complaints, two of which have been filed in 2023. The two most recent complaints allege that he made unsuitable recommendations to invest in Capital Trust Agency Florida Senior Living Bonds. The Capital Trust Agency Florida Senior Living Bonds allegedly lost $3 million according to the most recent complaint.

Gregory Iglow must be supervised by Oppenheimer & Co. pursuant to FINRA Rule 3110. Oppenheimer also needs to supervise whether their advisors are making suitable investment recommendations.

Our securities and investment fraud law firm has offices in Denver, Colorado; Phoenix, Arizona; and Seattle, Washington. Our attorneys represent investors in FINRA arbitration proceedings in all 50 states, including investors in southern California and Los Angeles. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Oppenheimer & Co.

View Iglow, g BrokerCheck 7.9.23

If you lost money with Gregory Iglow or Oppenheimer & Co., please Contact Us at 206-795-5798 for a free evaluation of your case.

UPDATE! Advisor Chad Mackland Charged with FRAUD

Israels & Neuman, PLC — Tue, 05 Oct 2021 18:36:32 GMT

COUNCIL BLUFFS, IOWA

Have you lost money with financial advisor Chad M. Mackland of Council Bluffs, Iowa? We are continuing to look into allegations made against Mackland. The SEC recently barred Mackland from the securities industry in any capacity. Mackland was charged with multiple felonies related to insurance sales practices.

In March 2021, FINRA, the Financial Industry Regulatory Authority barred Mackland from the securities brokerage industry. Mackland was charged with fraud in Pottawattamie County, Iowa for theft.

Chad Mackland was a financial advisor and registered representative of Northwestern Mutual from 2005 to August 2016. He was also with MML Investors Services from March 2017 to September 2018 and with Lion Street Financial from December 2018 to February 2020. He worked at branch offices in Council Bluffs, Iowa and Omaha, Nebraska. Mackland was also discharged by MassMutual and allowed to resign by Northwestern Mutual.

Brokerage firms like Northwestern Mutual, MML Investors Services, and Lion Street 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 throughout Iowa and Nebraska. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against MML Investors Services.

Click here to view C. Mackland BrokerCheck Report

If you lost money with Chad Mackland, Northwestern Mutual, MML Investors Services, or Lion Street Financial please Contact Us at 720-599-3505 or 206-795-5798 for a free evaluation of your case.

Investor Alert: DANIEL JOSSEN of NYLife is BARRED

Israels & Neuman, PLC — Tue, 29 Jun 2021 19:55:34 GMT

BETHESDA, MARYLAND – Have you lost money with financial advisor Daniel Don Jossen? We are looking into allegations made about Daniel Jossen from Bethesda, Maryland. FINRA (the Financial Industry Regulatory Authority) barred Jossen from the securities industry. FINRA alleged that Jossen has failed to respond to its investigation regarding allegations that he misrepresented the terms of variable products and used a customer’s log-in at an outside brokerage firm to process financial transactions.

Daniel Jossen was a financial advisor and registered representative of NYLife Securities from 2011 to February 2021. He worked in a branch office in Bethesda, Maryland. Jossen also was permitted to resign by NYLife Securities.

Brokerage firms like NYLife 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; Ann Arbor, Michigan; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including throughout Maryland. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

View BrokerCheck: Jossen, D. BrokerCheck 6.28.21

View FINRA AWC: Jossen, D. FINRA AWC

If you lost money with Daniel Jossen or NYLife Securities, please CONTACT US at 720-599-3505 for a free evaluation of your case.

Investigation of ERIC BURTON, Cetera Advisors and LPL Financial

Israels & Neuman, PLC — Fri, 25 Jun 2021 17:38:43 GMT

ORLAND PARK, ILLINOIS – Have you lost money with financial advisor Eric P. Burton. of Orland Park, Illinois? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Eric Burton. FINRA suspended Burton for three months and fined him $5,000. Burton was being investigated regarding allegations that he falsified documents in connection with 22 variable annuity exchanges.

Eric Burton was a financial advisor and registered representative of LPL Financial from April 2016 to March 2019. He has been with Cetera Advisors from February 2019 to the present. He worked at a branch office in Orland Park, Illinois. Burton has also been the subject of two customer complaints regarding variable annuities.

Brokerage firms like LPL Financial and Cetera Advisors 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; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Illinois in the past. Attorney David Neuman is licensed to practice law in grew up in the Chicagoland area. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

View BrokerCheck: Burton, E. BrokerCheck 6.23.21

View FINRA AWC: Burton, Eric FINRA AWC

If you lost money with Eric Burton, Cetera Advisors, or LPL Financial, please CONTACT ISRAELS & NEUMAN at 720-599-3505 or 206-795-5798 for a free evaluation of your case.

CARLOS HURTADO Accused of Engaging in Private Securities Sales

Israels & Neuman, PLC — Wed, 23 Jun 2021 21:38:12 GMT

Carlos Hurtado, formerly with Spartan Capital Securities, Barred by FINRA NEW YORK, NY – Have you lost money with financial advisor Carlos A. Hurtado. of New York, New York? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Carlos Hurtado. FINRA barred Hurtado after he failed to respond to an investigation. Hurtado was being investigated regarding allegations that he engaged in a private securities transaction.

Carlos Hurtado was a financial advisor and registered representative of Spartan Capital Securities from April 2018 to June 2021. He worked at a branch office in New York, New York.

Brokerage firms like Spartan 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; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New York in the past. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

View FINRA AWC: Hurtado, C. FINRA AWC

View BrokerCheck: Hurtado, C. BrokerCheck 6.23.21

If you lost money with Carlos Hurtado or Spartan Capital Securities, please CONTACT 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.

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; 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.

MARC REDA Involved in Allegations of Excessive Trading

Israels & Neuman, PLC — Wed, 16 Jun 2021 18:55:16 GMT

Marc Reda, with Spartan Capital Securities, Subject of FINRA Complaint NEW YORK, NY – Have you lost money with financial advisor Marc A. Reda of New York, New York? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Marc Reda. FINRA alleged that Reda made unsuitable recommendations by excessively trading (or churning) customers’ accounts. Reda had a strategy to trade ahead of corporate announcements, but FINRA deemed the trading to be too excessive.

Marc Reda has been a financial advisor and registered representative of Spartan Capital Securities from May 2016 to the present. He was also associated with PHX Financial. He worked at a branch office in New York, New York. Reda has been the subject of Twelve (12) customer complaints and was permitted to resign by PHX Financial in 2016.

Brokerage firms like Spartan 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; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New York in the past. Our attorneys have recovered millions of dollars for investors against many brokerage firms in the past.

Click to view FINRA Complaint: Reda, Marc FINRA Complaint

Click to view BrokerCheck: Reda, Marc BrokerCheck 6.16.21

If you lost money with Marc Reda or Spartan Capital Securities, please CONTACT US at (720) 599-3505 or (206) 795-5798 for a free evaluation of your case.

WARNING: Advisor Daniel Della Rosa is SUSPENDED

Israels & Neuman, PLC — Tue, 15 Jun 2021 21:11:07 GMT

Daniel Della Rosa, formerly with Corinthian Partners and Paulson Investment Company, Suspended by FINRA TAMPA, FLORIDA – Have you lost money with financial advisor Daniel Della Rosa (Daniel Dellarosa) of Tampa, Florida? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Daniel Della Rosa. FINRA suspended Della Rosa after he failed to respond to an investigation.

Daniel Della Rosa was a financial advisor and registered representative of Corinthian Partners from November 2017 to March 2021. He was also with Paulson Investment Company from July 2016 to August 2017. He worked at a branch office in Tampa, Florida.

Brokerage firms like Corinthian Partners and Paulson Investment Company 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; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Florida in the past. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Paulson Investment Company.

Click to view BrokerCheck: Della Rosa, D. BrokerCheck 6.15.21

If you lost money with Daniel Della Rosa or Corinthian Partners, CONTACT ISRAELS & NEUMAN Law Firm at (206) 795-5798 or (720) 599-3505 for a free evaluation of your case.

SALVATORE PIZZIMENTI Barred for Unauthorized Trading

Israels & Neuman, PLC — Tue, 15 Jun 2021 20:49:22 GMT

Salvatore Pizzimenti, formerly with Worden Capital Management, Barred by FINRA NEW YORK, NY – Have you lost money with financial advisor Salvatore Pizzimenti. of New York, New York? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Salvatore Pizzimenti. FINRA barred Pizzimenti after he failed to respond to an investigation. Pizzimenti was being investigated regarding allegations of trading in customer accounts.

Salvatore Pizzimenti was a financial advisor and registered representative of Worden Capital Management from November 2016 to December 2019. He worked at a branch office in New York, New York.

Brokerage firms like Worden Capital Management 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; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New York in the past. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

Click to view BrokerCheck: Pizzimenti, S BrokerCheck 6.14.21

Click to view FINRA AWC: Pizzimenti, S. FINRA AWC

If you lost money with Salvatore Pizzimenti or Worden Capital Management, CONTACT ISRAELS & NEUMAN law firm at (720) 599-3505 or (206) 795-5798 for a free evaluation of your case.

JOHN SWON Allegations of Misappropriating Customer Money

Israels & Neuman, PLC — Tue, 15 Jun 2021 19:02:32 GMT

John Swon Fired by Royal Alliance Associates and Focus Financial BLOOMINGTON, MINNESOTA – Have you lost money with financial advisor John Swon IV of Bloomington, Minnesota? We are investigating allegations made by a former customer of John Swon. Swon was accused by a customer of misappropriating or mismanaging $110,000. Swon was then subsequently terminated by his brokerage firm, Royal Alliance Associates, and his advisory firm, Focus Financial.

John H. Swon was a financial advisor and registered representative of Royal Alliance Associates from 2012 to April 2021. He was also with Focus Financial from October 2012 to April 2021. He worked at a branch office in Bloomington, Minnesota.

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; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Minnesota in the past. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Royal Alliance Associates.

Click to view BrokerCheck: Swon, John BrokerCheck 6.15.21

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