Alternative Investment

Broker Robert Herje in Northland Securities, Inc. Firm Has Customer Complaint

April 6, 2025 | by Staff Attorney

Currently financial advisor Robert Herje (Herje), currently employed by brokerage firm Northland Securities, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $5,000.00 on August 16, 2024.

Claimant alleges they were given misinformation on the risks involved with purchasing REITs. Claimant invested in several REITS over a period of time and claims they were not suitable recommendations.

Broker Cameron Woodbury in Centaurus Financial, Inc. Firm Has Customer Complaint

April 4, 2025 | by Staff Attorney

Currently financial advisor Cameron Woodbury (Woodbury), currently employed by brokerage firm Centaurus Financial, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint on August 21, 2024.

During the period of 2017 through 2024, the Claimant’s allege that While selling shares in a Private Placement company via a Private Placement memorandum, away from Broker Dealer, the Registered Representative engaged in unfair business practices, provided untrue statements, constructive fraud, neglect misrepresentation, financial elder abuse, and breached his fiduciary duty.

Broker Robert Taglich in Taglich Brothers, Inc. Firm Has Customer Complaint

April 1, 2025 | by Staff Attorney

Currently financial advisor Robert Taglich (Taglich), currently employed by brokerage firm Taglich Brothers, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $876,101.98 on September 06, 2024.

This arbitration was filed September 2024 almost 9 years after the last investment with TBI. The Claimant is alleging the Respondents are responsible for his current financial circumstances 9 years after the last investment made through Taglich Brothers Inc. (TBI).

Broker Michael Taglich in Taglich Brothers, Inc. Firm Has Customer Complaint

March 23, 2025 | by Staff Attorney

Currently financial advisor Michael Taglich (Taglich), currently employed by brokerage firm Taglich Brothers, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $876,101.98 on September 06, 2024.

The arbitration was filed September 2024 almost 9 years after the last investment with Taglich Brothers, Inc. (TBI). The Claimant is alleging the Respondents are responsible for his current financial circumstances 9 years after the last investment made through TBI.

There are Recent Customer Complaints with Broker Thomas Hamlin in Firm Somerset Securities, Inc.

March 22, 2025 | by Staff Attorney

Currently financial advisor Thomas Hamlin (Hamlin), currently employed by brokerage firm Somerset Securities, Inc. has been subject to at least 9 disclosable events. These events include 9 customer complaints. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $650,000.00 on September 09, 2024.

Alleged unsuitable recommendation to purchase iCap Equities private placement. iCap Equities filed for bankruptcy on 9/12/2023.

Broker Christopher Robinson in LPL Financial LLC Firm Has Customer Complaint

March 20, 2025 | by Staff Attorney

Currently financial advisor Christopher Robinson (Robinson), currently employed by brokerage firm LPL Financial LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint on September 16, 2024.

Claimants allege that between 2018 and 2024, representative made unsuitable investments in REITs.

Broker Peter Barry in Raymond James & Associates, Inc. Firm Has Customer Complaint

March 19, 2025 | by Staff Attorney

Currently financial advisor Peter Barry (Barry), currently employed by brokerage firm Raymond James & Associates, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,428,201.00 on September 17, 2024.

Claimants allege FA invested them in an unsuitable and high-risk portfolio that included alternative investments, micro-cap and small-cap securities, and REITs; improperly held bonds and other fixed-income securities for short periods; improperly concentrated them in certain investments; engaged in poor cash management; improperly recommended a securities-backed line of credit to them; and charged excessive fees and commissions.

There are Recent Customer Complaints with Broker Rickey Tiedemann in Firm Berthel, Fisher & Company Financial Services, Inc.

March 19, 2025 | by Staff Attorney

Currently financial advisor Rickey Tiedemann (Tiedemann), currently employed by brokerage firm Berthel, Fisher & Company Financial Services, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $35,000.00 on September 16, 2024.

The client alleges the two investments he purchased in 2013 & 2014 were negligent and improper recommendations that left him exposed to unnecessary investment losses in illiquid investment products and non-traded securities.

There are Recent Customer Complaints with Broker Judith Dolle in Firm LPL Financial LLC

March 18, 2025 | by Staff Attorney

Previously financial advisor Judith Dolle (Dolle), previously employed by brokerage firm LPL Financial LLC has been subject to at least 2 disclosable events. These events include 2 customer complaints. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $750,000.00 on September 19, 2024.

Claimants allege representative made an unsuitable investment in a non-traded REIT. Time period is September 2015. (please do not provide an end date)

There are Recent Customer Complaints with Broker Evan Katz in Firm Stonehaven, LLC

March 16, 2025 | by Staff Attorney

Previously financial advisor Evan Katz (Katz), previously employed by brokerage firm Stonehaven, LLC has been subject to at least one disclosable event. These events include one tax lien. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a final customer complaint on September 27, 2024.

The Securities and Exchange Commission (‘Commission’) deems it appropriate and in the public interest that cease-and-desist proceedings be, and hereby are, instituted against Evan H. Katz (‘Respondent’). In anticipation of the institution of these proceedings, Respondent has submitted an Offer of Settlement which the Commission has determined to accept. The commission finds that This matter arises out of misrepresentations in the private placement memorandum (‘PPM’) and marketing materials for the Crawford Ventures Absolute Return Fund, LP (the ‘Fund’), a currency trading fund that raised more than $16 million from investors. The Fund’s PPM and marketing materials claimed that the Fund’s currency trading strategy would mirror a successful strategy previously used by two of the Fund manager’s principals-brothers Akshay and Dev Kamboj (the ‘Kamboj brothers’)-in Separately Managed Accounts (‘SMA’). As proof of the SMA results, prospective investors were provided with an ‘Audit Report’ and a ‘Performance Audit’ purportedly issued by an audit and consulting firm (‘the Auditor’) based in Australia. In reality, the Auditor had not audited the SMAs and the Audit Report and the Performance Audit had been forged by the Kamboj brothers. Katz, a co-founder of the Fund, provided to certain prospective investors the forged materials that the Kamboj brothers furnished. While the Kamboj brothers hid their conduct from Katz, he failed to take reasonable steps to confirm the legitimacy of the Audit Report and the Performance Audit in violation of Sections 17(a)(2) and (3) of the Securities Act.