Wealth - Israels & Neuman, PLC

COMPLAINTS Against CHRISTOPHER CAVALLARO of Lincoln Financial

Israels & Neuman, PLC — Thu, 28 Sep 2023 19:48:19 GMT

Christopher Cavallaro, Formerly with Lincoln Financial Advisors, Subject of Customer Complaints

FALMOUTH, MASSACHUSETTS

Have you invested with Christopher Cavallaro from Falmouth, Massachusetts? The securities and investment fraud law firm of Israels & Neuman is looking into complaints made by several former customers who have filed claims against Christopher Cavallaro’s former brokerage firm, Lincoln Financial Advisors. Since April 2022, Lincoln Financial Advisors has faced five customer complaints, all alleging that their advisor sold them an unsuitable oil and gas investment. The oil and gas investment allegedly lost money, which led to the customers filing these complaints in FINRA arbitration.

From 2003 to October 2016, Christopher Cavallaro worked in a Falmouth, Massachusetts office for Lincoln Financial Advisors. He has been with LPL Financial since October 2016. He also operated Integrated Wealth Concepts.

Brokerage firms must perform due diligence on all investment products it sells. If they to adequately perform due diligence, the brokerage firms could be liable for investor losses.

VIEW BROKER CHECK REPORT HERE

If you lost money with Christopher Cavallaro or Lincoln Financial Advisors, please Contact Us at 206-795-5798 for a free evaluation of your case.

WILLIAM HORAK of Purshe Kaplan Subject of GWG Complaints

Israels & Neuman, PLC — Tue, 25 Jul 2023 19:59:24 GMT

William Horak, with Purshe Kaplan Sterling, Subject of GWG Complaints

TALLAHASSEE, FLORIDA

Have you invested in GWG L bonds or the ARC Hospitality Trust through Purshe Kaplan Sterling? Our securities arbitration law firm is looking into claims made against William Horak who has been with Purshe Kaplan Sterling since May 2014.

William Horak has been the subject of three customer complaints since 2021. A 2021 complaint made about ARC Hospitality Trust was withdrawn. However, two other complaints, involving GWG L bonds and ARC Hospitality Trust, are still pending against Purshe Kaplan Sterling.

William S. Horak has worked in Tallahassee, Florida and has been in the securities industry since 1986. He is also affiliated with Wealth Management Corporation, an investment advisory firm.

Israels & Neuman has represented multiple investors in FINRA Arbitration who lost money in GWG L bonds and ARC Hospitality Trust (a non-traded REIT). We also represent investors throughout Florida.

View Horak, W. BrokerCheck 7.25.23

If you lost money with William Horak, Purshe Kaplan Sterling, or GWG, please Contact Us at 720-599-3505 for a free evaluation of your case.

COMPLAINT Against JOSEPH HURLEY of Cambridge Investment

Israels & Neuman, PLC — Sun, 09 Jul 2023 19:08:46 GMT

Joseph Hurley, with Cambridge Investment Research, Subject of Customer Complaint

BATTLE GROUND, WASHINGTON

Have you invested with Joseph Hurley from Battle Ground, Washington? The securities and investment fraud law firm of Israels & Neuman is looking into allegations made by a customer who filed a claim against Joseph Hurley’s brokerage firm, Cambridge Investment Research. In May 2023, a customer alleged that he recommended an unsuitable oil and gas investment. The oil and gas investment allegedly lost money, which led to the customer filing a complaint in FINRA arbitration.

From April 2010 to the present, Joseph Hurley has worked in a Battle Ground, Washington office for Cambridge Investment Research. He also operated Gateway NW Wealth Advisors. According to BrokerCheck, Hurley had a $100,000 tax bill owed to the IRS, which was settled by paying $15,296. Hurley was also the subject of a 2008 complaint that was denied.

In 2017, another Cambridge Investment Research advisor, Gary Meier, was in trouble with the Washington Department of Financial Institutions. In November 2017, Meier entered into a consent order with the Washington DFI in which Meier’s investment adviser representative registration was withdrawn in lieu of revocation.

Our law firm has an office in Vancouver, Washington, and attorney David Neuman is licensed to practice law in Washington. We also have previously represented investors against Cambridge Investment Research.

View Hurley, j BrokerCheck 7.8.23

If you lost money with Joseph Hurley or Cambridge Investment Research, 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.

CLARK HARRIS of Sigma Financial FIRED – Michigan

Israels & Neuman, PLC — Wed, 16 Jun 2021 22:03:19 GMT

BLOOMFIELD HILLS, MICHIGAN – Have you lost money with financial advisor Clark Dee Harris, formerly of Sigma Financial in Bloomfield Hills, Michigan? We are looking into allegations made against Clark Harris. Clark Harris was terminated by Sigma Financial after Harris allegedly sold illiquid real estate investments without having a license to do so. It was also alleged that Harris attempted to conceal this conduct from Sigma Financial.

Clark Harris was a registered representative of Sigma Financial from 2000 to April 2021. He has worked at branch offices in Bloomfield Hills, Michigan. Harris was also affiliated with Titan Wealth Advisors.

Brokerage firms like Sigma 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 Ann Arbor, Michigan; Denver, Colorado; Seattle, Washington; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Michigan. Attorney Aaron Israels is licensed to practice law in Michigan, grew up in Holland, Michigan, and previously lived in the Detroit area. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including Sigma Financial.

Click to view BrokerCheck: Harris, Clark BrokerCheck 6.16.21

If you lost money with Clark Harris or Sigma Financial, please CONTACT ISRAELS & NEUMAN at 720-599-3505 or 206-795-5798 for a free evaluation of your case.