On August 13, 2021, a FINRA arbitration panel ordered Respondent HighTower Securities LLC to fully refund its investor-customer’s purchases of GPB Automotive Portfolio LP and GBP Waste Management LP, which the investor had made in reliance upon the advice and recommendations of HighTower Securities. That investor presented substantial evidence to the FINRA arbitration panel that HighTower Securities failed in its obligations to conduct adequate due diligence regarding GPB Capital and its affiliates. Continue reading ›
Earlier this year, Silver Law Group wrote an article about the serious issues posed by Robinhood’s founder not being a registered FINRA member and published an Expert Analysis on law360.com addressing the same issue.
FINRA is investigating Robinhood over its CEO, Vlad Tenev’s, failure to register as a broker with the Financial Industry Regulatory Authority, a self-regulatory organization responsible for overseeing the brokerage industry. Continue reading ›
You saved and invested, planning for your future, and your family. Finding a skilled broker and/or investment advisor helped you invest your money well, and your accounts look healthy.
Until the day you discover that your funds aren’t actually invested, but gone. Continue reading ›
Scott Silver, Silver Law Group’s managing partner, was recently interviewed for an article on Investmentnews.com that details the alleged “hot air” spewed by brokers to sell $1.8 billion of GPB Capital Holdings to investors.
Silver Law Group represents investors in claims to recover GPB investment losses. If you have losses from investing in GPB, contact Silver Law Group for a no-cost consultation at (800) 975-4345 or at firstname.lastname@example.org. Continue reading ›
Silver Law Group and the Law Firm of David Chase have teamed up to file lawsuits on behalf of clients who were directed into fixed and variable annuities sold by Northstar Financial Services (Bermuda). Northstar is now in court-ordered liquidation proceedings after filing for Chapter 15 bankruptcy last year, unable to honor client surrender requests. Continue reading ›
Silver Law Group has filed two FINRA arbitration claims to recover losses on behalf of Northstar Financial Services (Bermuda) investors who were recommended fixed and variable annuities. The arbitration claims have been filed against the securities brokerage firms who recommended and solicited the Northstar Financial Services (Bermuda) investments to their customers. Continue reading ›
Do you have a family member who is also your stockbroker, investment advisor, or other financial services representative?
Many broker-dealer firms encourage newly-minted employees to recruit wealthy relatives to invest with them to begin their business and grow their client list. You may have taken the bait and moved your investments over, or may just be considering changing brokers to help them out. There isn’t anything wrong with doing this, of course, it’s your choice. Continue reading ›
With the Department of Justice’s recent indictment of GPB Capital Holding’s executives, David Gentile, Jeffry Schneider, and Jeffrey Lash, for securities fraud, wire fraud, and conspiracy, it’s abundantly clear that investment fraud is alive and well in the industry. Contact Silver Law Group to recover your GPB Losses. Continue reading ›
According to FINRA Disciplinary actions for February 2021, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules:
|Lawrence Fawcett, Jr.||Westpark Capital, Inc.|
|Salomon Whitney Financial|
|Lawrence Freedman||Newbridge Securities Corporation|
|Wells Fargo Clearing Services, LLC|
|Ganesh Iyer||Morgan Stanley|
|LPL Financial LLC|
|Carolyn Neale||AXA Advisors, LLC|
|UVest Financial Services Group, Inc.|
|Paul Stanford||Santander Securities LLC|
|Ameriprise Financial Services, Inc.|
|Nelson Torrens||LPL Financial LLC|
|UBS Financial Services Inc|
|Wesley Wallace||Worden Capital Management LLC|
|JD Nicholas & Associates, Inc.|
|Maurice Wilde||Newbridge Securities Corporation|