The Law Firm of David Chase, headed by stock broker fraud lawyer David Chase, is reviewing a customer’s allegation made against Boston, MA-based Janney Montgomery broker Richard A. Baum concerning the recommendation of an unsuitable, overconcentration of energy securities. Filed in August of 2017, the customer complaint asserts that the improper overconcentration took place over...Read More

The Law Firm of David Chase is reviewing a customer’s allegations of unsuitability and misrepresentations of material facts made in 2016 against former Frederick, Maryland-based Merrill Lynch broker James Merkel. The complaint, which clams $1 million in damages, is currently pending. In August 2017, Merrill Lynch discharged James Merkel for conduct involving selling away. Selling...Read More

The Law Firm of David Chase is reviewing multiple customer allegations of misrepresentation, unsuitable recommendations, excessive trading and over concentration made against Coral Gables, Florida-based Morgan Stanley broker David Garcia Cirilo. According to FINRA’s BrokerCheck Report, there are several customer complaints that have been made against David Garcia Cirilo in the last few years, which...Read More

Stock Broker Fraud Attorney David Chase from David R. Chase, P.A. is reviewing allegations of improper discretionary trading against former Los Angeles, CA-based Morgan Stanley broker Joel D. Davidman following a FINRA enforcement action against him that alleged such misconduct. According to FINRA’s BrokerCheck report, Morgan Stanley terminated Davidman as a result of allegations concerning...Read More

The Law Firm of David Chase is currently reviewing customer complaints made against former Miami, Florida-based Morgan Stanley broker Edward L Barger that allege misrepresentation, unauthorized trading and unsuitable recommendations. According to FINRA’s BrokerCheck report on Barger, a complaint alleging misrepresentation and unsuitable recommendations relating to equity listed investments was filed in August of 2017,...Read More

The Law Firm of David Chase is reviewing allegations made against Melville, New York based Wells Fargo broker Alan Rose by multiple clients in complaints claiming unsuitable investment recommendations of Puerto Rico municipal bonds. According to FINRA’s BrokerCheck report on Rose, in May 2015 a customer complaint alleging unsuitability and misrepresentation relating to Puerto Rico...Read More

The Securities and Exchange Commission has filed a civil enforcement action against a Philadelphia, Pennsylvania  based hard money lender, Paul Singer, and his company, Singer Financial Corp., alleging an illegal and unregistered offering of securities to the investing public. In its complaint, the SEC asserts that Singer and his company raised around $4.5 million from approximately 70 investors in an unregistered offering of unsecured promissory notes.  The...Read More

Reports of Binary Options and Forex fraud are reaching all-time highs as regulators and government agencies like the U.S Commodity Futures Trading Commission (“CFTC”) continue to receive hundreds of complaints every month. With damages from Binary Options fraud totaling in the millions of dollars in the United States alone, Investors should be extra cautious when...Read More

The Law Firm of David Chase is reviewing allegations concerning former Campbell, California-based Principal Securities Inc. stockbroker Steven E. Bonner after FINRA permanently barred him following his failure to respond to a FINRA request for information. According to FINRA’s BrokerCheck report on Bonner, he was barred in December of 2016 after FINRA requested information pertaining...Read More

The Law Firm of David Chase is reviewing allegations concerning North Royalton, Ohio-based Key Investment Services broker Abed A. Darwish after a client filed a FINRA complaint alleging unsuitable investments relating to an AXA Equitable variable annuities, and possible elder fraud. According to FINRA’s BrokerCheck report on Darwish, a customer complaint alleging unsuitability was submitted...Read More