On December 1, 2025, the IBTimes published a story covering the controversial commutation of David Gentile, the convicted leader of the massive purported Ponzi scheme spun out of GPB Capital. Gentile had defrauded thousands of investors—raising roughly $1.6 billion on false promises of reliable returns. He began serving a seven-year…
The recent decision by Donald Trump to commute the prison sentence of former investment executive David Gentile has reignited national debate over accountability in large-scale financial fraud and the long-term consequences faced by investors. Gentile, a cofounder and former chief executive of GPB Capital, had been sentenced to seven years…
ow Gana Weinstein LLP Became a National Leader in Investor-Side FINRA Arbitration Most investors never expect to battle their financial advisor, brokerage firm, or wealth manager. They trust the professional in front of them. They assume retirement accounts are handled responsibly. And when something goes wrong, many believe the loss…
The law firm Gana Weinstein LLP, which focuses on securities-related cases, has initiated an arbitration claim against Emerson Equity LLC on behalf of a retired investor. The claim accuses the brokerage firm of misrepresenting investments in Inspired Healthcare Capital (IHC) as secure and reliable vehicles for retirement income, despite their…
The attorneys at Gana Weinstein LLP have filed a complaint on behalf of investors relating to financial advisor Jason Mitsuda’s (Mitsuda) sales of structured products. At the time Mitsuda was registered with Equitable Advisors, LLC (Equitable) and has since been registered with Ameriprise Financial Services, LLC, Cetera Investment Services, LLC,…
The law offices of Gana LLP recently filed a complaint before The Financial Industry Regulatory Authority (FINRA) on behalf of a investor against brokerage firm David Lerner Associates, Inc. (David Lerner) involving the firm’s financial advisor, Lawrence Merl (Merl) and his recommendation to invest virtually all of the widow Claimant’s…
The law offices of Gana LLP recently filed a complaint before The Financial Industry Regulatory Authority (FINRA) on behalf of a investor against brokerage firm LPL Financial, LLC (LPL) involving the firm’s financial advisor, Kevin McCallum (McCallum) and his use of discretion to invest substantial sums in Medley Capital Corporation…
The law offices of Gana Weinstein LLP represents a group of 23 claimants that have been awarded $3 million by a FINRA arbitration panel after 18 days of hearing and litigation that stretched over three years. At hearing the evidence showed that Spire Securities, LLC (Spire Securities) and the firm’s…
The law offices of Gana Weinstein LLP are pleased to announce that a group of 23 claimants have been awarded $3 million by a FINRA arbitration panel after 18 days of hearing and litigation that stretched over three years. The case involved important investor protections concerning broker private securities transactions…
The securities lawyers of Gana Weinstein LLP recently filed a complaint on behalf of a client alleging that Laidlaw & Company (UK) Ltd. (Laidlaw) recommended the investor purchase a micro cap stock underwritten by the firm in violation of the securities laws. According to newsources and public filings Laidlaw has…