A National Securities Arbitration & Investment Fraud Law Firm

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Securities Arbitration Attorneys Our FINRA arbitration lawyers work with investors to recover losses caused by securities fraud, investment fraud, and other kinds of stockbroker misconduct.
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Former broker and investment advisor Mitchell Toby Yanow (CRD #2148171) was last employed by Stifel, Nicolaus & Company, Incorporated (CRD #793) of Boca Raton, FL. His previous employers include Oppenheimer & Co. Inc. (CRD #249) and Wachovia Securities, LLC (CRD #19616), both of Palm Beach Gardens, FL. No current employment information is available. Yanow has been in the industry since 1991.

Even the Rich and Famous Can be Victims of Elder Financial Fraud on silverlaw.com
FINRA recently barred Yanow after a disciplinary action after an investigation found that he converted at least $205,586 of an elderly customer’s funds for his own personal use. The 87-year-old customer gave Yanow a series of blank, signed checks to use for paying his caregiver in the event that the client was unable to do it himself. However, Yanow instead used the checks, from the customer’s brokerage account at his own firm, to withdraw funds and pay for personal expenses such as fees for his children’s summer camp, overdue homeowner association fees and for the purchase of a 1976 Corvette.

Without admitting or denying the findings, Yanow signed a Letter of Acceptance, Consent & Waiver on 7/9/2018. Yanow has been barred indefinitely, in all capacities as of 7/11/2018, from any FINRA-registered firm.

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Our firm has won a $1.5 million FINRA arbitration award against a Texas-based brokerage firm that sold private placements in an oil and gas business venture to our client. The FINRA arbitration award included a significant million dollars in punitive damages. Silver Law Group continues to represent other investors in failed private placements or Reg D offerings.

Our Client Loses a Significant Amount of Money in an Oil and Gas Private Placement

According to the FINRA statement of claim, a broker of the Texas-based brokerage firm first met with our client and convinced him to fly to Texas for the investment pitch. Our client then met with the CEO of the brokerage firm and pitched the investment to our client. The investment proceeds would allegedly by used to drill oil wells for oil production.  The CEO of the brokerage firm promised great returns on the investment within six months. Our client was convinced and invested approximately $521,000 – almost all of his life savings.

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Individuals suffering from Alzheimer’s can be prime targets for financial predators

Unfortunately, we become more susceptible to financial scams from a wide range of offenders as we age. These include trusted advisors such as lawyers, accountants, and financial managers – as well as healthcare providers, caregivers, and even close family members.

Recent studies show that as our brains age, we become less able to detect deception and focus more on the potential for positive outcomes, especially when it comes to trusting people in our own social environment.

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He defrauded his clients – including his own in-laws – of more than $5 million

Former Chicago investment advisor Daniel Glick will be spending the next 12 years in federal prison. He received this sentence in April after being found guilty of using a Ponzi-like scheme to defraud several of his clients of $5.2 million.

From 2011 to 2017, it was revealed that Glick misappropriated funds through the three financial services and accounting firms he owned in Orland Park, Illinois: Glick & Associates Ltd., Glick Accounting Services Inc., and Financial Management Strategies, Inc.

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According to FINRA Disciplinary actions for June 2018, the following individuals were suspended from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules:

NAME

FORMER EMPLOYERS

  Mona Ali   JP Morgan Securities
  Bobbie Jo Bressler   Farmers Financial Solutions, LLC
  State Farm VP Management Corp
  Jeffrey Scott Cederberg   Primex
  Capwest Securities, Inc
  Gregory James Connell
  Vicente Davila   Morgan Stanely
  Merill Lynch, Pierce, Fenner & Smith Inc
  Miguel Eduardo Guzman   JP Morgan Securities LLC
  MA Investment Corp
  John Matthew Kurzhal   UBS Financial Services Inc.
  John Cochran Maccoll   UBS Financial Services Inc.
  Morgan Stanley DW Inc
  Cynthia Mae Moore   The Huntington Investment Company
  Felipe De Jesus U Munive   Allstate Financial Services, LLC
  Gordon Beecher Nitka   MML Investors Services, LLC
  MassMutual Life Insurance Company
  Daniel Ochoa   Farmers Financial Solutions, LLC
  Joshua Alexander Stephens-Anselm   JP Morgan Securities LLC
  Capital One Bank NA
  John Bradford Stoddard   Fidelity Brokerage Services LLC
  Zions Bank
  Christopher Robert Threet   JP Morgan Securities LLC
  Capital One Bank
  David Wells
  Yuhong Zhou   Transamerica Financial Advisors, Inc
  World Financial Group, Inc

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court.  Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct.  If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

 

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According to FINRA Disciplinary actions for June 2018, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules:

NAME

FORMER EMPLOYERS

  Donald Nelson Bower III   Edward Jones
  Invest Financial Corp
  Christopher Masharn Bruce   Statefarm VP Management Corp
  Chris Bruce Insurance Agency
  Geoffrey Bret Davidson   Fidelity Brokerage Services LLC
  Miriam Fry   Wells Fargo Clearing Services, LLC
  First Clearing, LLC
  Melanie Haning   UBS Financial Services Inc
  Merrill Lync, Pierce, Fenner & Smith Inc
  Ashley Marie Hostetter
  David Wayne Krumrey   Oppenheimer & Co., Inc
  Stanford Group Company
  Gregory Alan Levine   First Allied Securities, Inc
  MBM Capital Management
  Thomas Williams Manley II   RBC Capital Markets, LLC
  Lloyds Securities
  Gurdey Singh Mann   NYLife Securities LLC
  Christopher Quocthai Nguyen   TD Ameritrade, Inc
  WellsFargo Bank
  Brett Michael Williams   NY Life Securities LLC

FINRA makes this information available, in part, to inform investors about potential red flags or problems with certain stockbrokers.  If you invested with anyone in this report and have questions about your legal rights, our attorneys will talk with you at no cost to explain your legal rights and about how we can help recover your investment losses through securities arbitration or litigation.

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court.  Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct.  If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

 

 

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According to FINRA Disciplinary actions for June 2018, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules:

NAME

FORMER EMPLOYERS

  Daniel Harry Curkan   Sigma Financial Corporation
  Morgan Stanley
  Diaz, Anthony   IBN Financial Services, Inc
  Sandlapper Securities, LLC
  Brandon Avery Duncan   Royal Alliance Associates, Inc
  Raymond James & Associates, Inc.
  Timothy Stephen Fannin   UBS Financial Services Inc.
  Merrill Lynch, Pierce, Fenner & Smith Inc
  Michael P. Gopie   AXA Advisors, LLC
  Merrill Lynch, Pierce, Fenner & Smith Inc
  Louis Karl Kittlaus   Wall Street Strategies, Inc
  Edwin C. Blitz Investments, Inc
  Michael Scott Lavolpe   Meyers Associates, LP
  Robert M Marks Jr.   Cape Securities Inc.
  Synergy Investment Group, LLC
  Michael James McGraw   Morgan Stanley
  Wells Fargo Advisors, LLC
  Curtis Dean Milakovich   Kovack Securities Inc.
  Lincoln Investment
  Matthew Jacob Paparazzo   Wells Fargo Clearing Services, LLC
  J.P. Morgan Securities LLC

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court.  Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct.  If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Our lawyers have extensive experience collecting FINRA arbitration awards, prevailing on Motions to Vacate FINRA arbitration awards and using various collection efforts to enforce FINRA awards after they are received.

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Retirement planning firm owner allegedly paid for lavish living expenses and more with elderly investors’ money

It has happened again. The Securities Exchange Commission (SEC) has uncovered yet another alleged Ponzi scheme targeting the most vulnerable of investors: the elderly. Clifton Stanley of Galveston, Texas is accused of cheating his elderly investors – those in their eighties and nineties – out of $3.8 million dollars in two related scams.

The first alleged scheme: PONZI

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Silver Law Group is investigating claims involving National Securities’ sale of Restoration Robotics to investors through its IPO and in Reg D or private placement offerings.

If you invested in Restoration Robotics common stock or in a private placement and would like to discuss your legal rights, please contact our firm.  There is no cost or obligation to you.  You can also contact us by calling Scott L. Silver toll free at (800) 975-4345 or by sending an e-mail to ssilver@silverlaw.com.

A lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of all those who purchased Restoration common stock pursuant or traceable to the Company’s Initial Public Offering (the “IPO” or “Offering”) that commenced on October 12, 2017 and closed on October 16, 2017. The case, Guerrini v. Restoration Robotics, Inc. et al., No. 18-cv-03712 was filed on June 21, 2018, and has been assigned to Judge Edward John Davila.

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Carlos Evertsz-Seda is barred from association with any FINRA member in any capacity.  Respondent failed to request termination of his suspension within three months of the date of the Notice of Suspension; therefore, he is automatically barred from association with any FINRA member in any capacity. Carlos Evertsz-Seda was employed by K.C. Ward Financial in Ronkonkoma, NY from 2010 – May 2017.  Mr. Evertsz-Seda is the subject of two securities arbitration claims for damages due to unsuitable investments.  K.C. Ward Financial is a Long Island based brokerage firm owned by Louis Ward.

Contact Our Firm if You’ve Invested with Carlos Evertsz-Seda

If you invested with Carlos Evertsz-Seda and believe you have lost money due to his misconduct, you may be able to file a claim to recover your losses through FINRA arbitration. For a free evaluation of your potential case by as securities attorney, please contact Silver Law Group.

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