Law Firm Helps Customers Who Lost Money With Alliance One International (Pyxus Int’l) Investments
NASHVILLE, TENNESSEE — Have you lost money with financial advisor Galen Foster, of Stifel Nicolaus in Nashville, Tennessee? The Law Firm of Israels & Neuman currently represents a couple who lost money investing with Galen Foster. The investors mostly lost money in junk bonds, including Alliance One International, a subsidiary of Pyxus International. The Alliance One International bonds have become worthless since Pyxus International filed for bankruptcy in 2020.
Galen Foster has been with Stifel Nicolaus from 2014 to the present. He has worked at branch offices in Nashville, Tennessee.
Brokerage firms like Stifel Nicolaus 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 Tennessee. Our attorneys have recovered millions of dollars for investors against many brokerage firms in the past, including against Stifel Nicolaus.
If you lost money with Galen Foster or Stifel Nicolaus, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.