Published on: | by

Emerson Equity LLC is a broker-dealer headquartered in San Mateo, California. According to publicly available records filed with the SEC, Emerson Equity LLC likely received sales compensation for selling the GPB funds to retail investors.

Firm broker Robert Scott is named in customer disputes involving GPB funds, including the GPB Automotive Portfolio, LP. He was previously registered with Concorde Investment Services, LLC between 2011 and 2020.

Iorio Altamirano LLP is investigating claims on behalf of defrauded investors who were victims in the GPB funds scheme. The GPB funds were marketed to independent broker-dealers and investment advisers who would in turn sell the GPB funds to their retail investors.

Continue reading

Published on: | by

Arkadios Capital is a boutique broker-dealer headquartered in Atlanta, Georgia. The firm was formed in 2015. According to publicly available records filed with the SEC, Arkadios Capital likely received sales compensation for selling the GPB funds to retail investors.

Firm broker Mike Sievert is named in customer disputes involving GPB. He was previously registered with Triad Advisors between 2012 and 2018.

Iorio Altamirano LLP is investigating claims on behalf of defrauded investors who were victims in the GPB funds scheme. The GPB funds were marketed to independent broker-dealers and investment advisers who would in turn sell the GPB funds to their retail investors.

Continue reading

Published on: | by

Avere Financial Group, LLC (n.k.a Parsonex Capital Markets, LLC) is a broker-dealer based in Colorado. According to publicly available records filed with the SEC, Avere Financial Group, LLC likely received sales compensation for selling the GPB funds to retail investors. In 2015, Parsonex acquired Avere Financial Group, LLC, a private placement broker-dealer, to increase its distribution of alternative investments.

Iorio Altamirano LLP is investigating claims on behalf of defrauded investors who were victims in the GPB funds scheme. The GPB funds were marketed to independent broker-dealers and investment advisers who would in turn sell the GPB funds to their retail investors.

If you lost money in GPB funds with Avere Financial Group, LLC, you may have a claim.

Continue reading

Published on: | by

Nevada-based broker-dealer Financial West Group was expelled from the securities industry in February 2020. Publicly available records filed with the SEC show that Financial West Group likely received sales compensation for selling the GPB funds to retail investors.

Iorio Altamirano LLP is investigating claims on behalf of defrauded investors who were victims in the GPB funds scheme. The GPB funds were marketed to independent broker-dealers and investment advisers who would in turn sell the GPB funds to their retail investors.

If you lost money in GPB funds with Financial West Group, you may have a claim.

Continue reading

Published on: | by

Ausdal Financial Partners, Inc. is a broker-dealer based in Davenport, Iowa. According to publicly available records filed with the SEC, Ausdal Financial Partners, Inc. likely received sales compensation for selling the GPB funds to retail investors.

Iorio Altamirano LLP is investigating claims on behalf of defrauded investors who were victims in the GPB funds scheme. The GPB funds were marketed to independent broker-dealers and investment advisers who would in turn sell the GPB funds to their retail investors.

If you lost money in GPB funds with Ausdal Financial Partners, Inc., you may have a claim.

Continue reading

Published on: | by

IBN Financial Services, Inc. is a broker-dealer based in Liverpool, New York. According to publicly available records filed with the SEC, IBN Financial Services, Inc. likely received sales compensation for selling the GPB funds to retail investors.

Iorio Altamirano LLP is investigating claims on behalf of defrauded investors who were victims in the GPB funds scheme. The GPB funds were marketed to independent broker-dealers and investment advisers who would in turn sell the GPB funds to their retail investors.

If you lost money in GPB funds with IBN Financial Services, Inc., you may have a claim.

Continue reading

Published on: | by

BCG Securities, Inc. is a broker-dealer headquartered in Cherry Hill, New Jersey. According to publicly available records filed with the SEC, BCG Securities, Inc. likely received sales compensation for selling the GPB funds to retail investors. 

Iorio Altamirano LLP is investigating claims on behalf of defrauded investors who were victims in the GPB funds scheme. The GPB funds were marketed to independent broker-dealers and investment advisers who would in turn sell the GPB funds to their retail investors.

If you lost money in GPB funds with BCG Securities, Inc., you may have a claim.

Continue reading

Published on: | by

Lion Street Financial, LLC is a financial services company headquartered in Austin, Texas. According to publicly available records filed with the SEC, Lion Street Financial, LLC likely received sales compensation for selling the GPB funds to retail investors.

Iorio Altamirano LLP is investigating claims on behalf of defrauded investors who were victims in the GPB funds scheme. The GPB funds were marketed to independent broker-dealers and investment advisers who would in turn sell the GPB funds to their retail investors.

If you lost money in GPB funds with Lion Street Financial, LLC, you may have a claim.

Continue reading

Published on: | by

The Financial Industry Regulatory Authority (“FINRA”) has suspended stockbroker Frederick Rock from the securities industry for five months and ordered him to pay a $5,000 fine.  FINRA sanctioned Mr. Rock because he solicited clients to purchase $409,200 worth of securities that were not approved by his firm, Pruco Securities LLC.

Mr. Rock was a financial advisor with Pruco Securities LLC (“Pruco Securities”) in Tampa, Florida, from July 2014 until August 2019.

Iorio Altamirano LLP is interested in speaking with past customers of Mr. Rock or Pruco Securities LLC.  Contact securities arbitration law firm Iorio Altamirano LLP for a free and confidential evaluation of your investment or retirement account.

Continue reading

Published on: | by

In an arbitration award published by FINRA on April 21, 2021, Sandlapper Securities, LLC was ordered to pay damages to a Claimant over her losses in the GPB Automobile Portfolio fund.

Sandlapper Securities, LLC and former firm broker James Dwight McPherson were held jointly and severally liable for violating the Florida Securities and Investor Protection Act. The arbitration panel awarded the Claimant a total of $125,000 in compensatory damages and attorneys’ fees, plus interest. Sandlapper Securities, LLC is solely liable for $100,000 of the award.

The hearing was based in Boca Raton, Florida, and was conducted by videoconference.

Continue reading
Contact Information
1 World Trade Center, 85th Floor
New York, NY 10007
Toll Free: (855) 430-4010
Iorio Altamirano LLP represents clients throughout the nation, including, but not limited to, those in the following localities: Atlanta, Austin, Baltimore, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Dallas–Fort Worth, Denver, Detroit, Honolulu, Houston, Los Angeles, Miami, New York City, Philadelphia, Phoenix, Pittsburgh, Portland, San Bernardino-Riverside, San Diego, San Francisco, Seattle, St. Louis, Tampa–St. Petersburg, and Washington, D.C. View More

ATTORNEY ADVERTISING
Prior results do not guarantee a similar outcome.
*We do not collect a fee unless we obtain a recovery via settlement or judgment. You may, however, be responsible for costs and expenses the firm has advanced according to the terms of your agreement with the firm. Advanced costs and expenses may be recovered by the firm by deducting the expense from the gross recovery of any settlement or judgment.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. The contact form sends information by non-encrypted email, which is not secure. Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship.

Copyright © 2024, Iorio Altamirano LLP
JUSTIA Law Firm Blog Design