On March 10, 2014, a customer initiated complaint was settled involving Ameriprise Financial broker, Tatiana Patricia Dudek, for $65,000.
On April 27, 2015, Larry M. Phillips of The Phillips Group, in Woodland Hills, California, was fined $7,500, suspended from the securities industry for 45 days, and ordered to pay over $3,000 in restitution to customers for excessive markups.
In December 2014, Leonid Yurovsky entered into a settlement with the Arkansas Securities Commissioner. According to the agreement, The Arkansas Securities Department alleged Leonid Yurovsky engaged in excessive trading and unsuitable securities sales while he was acting as an agent for two customers.
The securities and investment fraud law firm, Fitapelli Kurta, is interested in speaking to investors who have lost money investing in CNL Lifestyle Properties, a nontraded Real Estate Investment Trust (REIT) [add link to REIT], offered to investors through various broker-dealer firms.
The securities and investment fraud law firm, Fitapelli Kurta, is investigating claims from customers who have lost money investing with Cushing Royalty & Income Fund investments at the recommendation of Stifel Nicolaus or one of their brokers.
VirnetX (NYSEMKT: VHC) stocks plummeted a shocking 59.8% on Tuesday, September 16, after receiving a stern blow from the U.S. Federal Circuit Court of Appeals in Washington when a judge vacated a jury award of $368.2 million in damages.