Bill Burks (CRD # 2944992), a broker registered with Centaurus Financial, Inc. in Flower Mound, Texas, has a new disclosure on his BrokerCheck record, accessed on January 29, 2021. This is his eighth investor dispute. On November 24, 2020, an investor alleged that Bill Burks misrepresented certain investments, and that the investments had not performed…

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Lanny Howarter (CRD #: 813591), a broker registered with Crown Capital Securities, has added a fourth disclosure to his BrokerCheck record, accessed on January 29, 2021. Details about this latest six-figure dispute are provided below. On November 24, 2020, an investor alleged that Lanny Howarter had recommended unsuitable, alternative investments and engaged in negligence. The…

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Ricardo Armijo (CRD #: 2694904), a broker registered with Raymond James & Associates, recently settled a dispute with an investor, according to his BrokerCheck record accessed on February 1, 2021. On November 23, 2020, an investor alleged that Ricardo Armijo did not disclose the fees for certain shares. The investor sought $50,000; the dispute settled…

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Vincent Virga (CRD #: 5070668), an investment adviser and broker registered with Madison Avenue Securities in Bayonne, New Jersey, has consented to a $5,000 fine from the Financial Industry Regulatory Authority, according to his BrokerCheck record, accessed on February 1, 2021. Virga also offers financial advisory services through PFS Wealth Management Group. On November 20,…

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Peter Higgins (CRD #: 245408), a broker registered with Janney Montgomery Scott LLC, has settled a dispute with an investor, according to his BrokerCheck record, accessed on February 2, 2021. Higgins has multiple disclosures on his account – investors should keep reading to learn more about his conduct as a broker. On November 20, 2020,…

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Nicholas Schiano (CRD #: 4429212), a broker registered with Spartan Capital Securities, is involved in investor allegations of account churning, according to his BrokerCheck record, accessed on February 2, 2021. On December 23, 2020, an investor alleged that Nicholas Schiano churned their account, misrepresented certain securities, and omitted material information. The investor is seeking $414,744;…

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Ed Maklouf (CRD #: 6092943), a broker registered with Spartan Capital Securities, is involved in two investor disputes regarding unsuitable investment recommendations, according to his BrokerCheck record, accessed on February 2, 2021. On December 23, 2020, an investor alleged that Ed Maklouf recommended unsuitable investments and engaged in negligent misrepresentation. The investor is seeking $414,744;…

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Matthew Babrick (CRD #: 4433983), an investor registered with First Republic Securities in Los Angeles, California, is involved in multiple investor disputes, according to his BrokerCheck record, accessed on February 2, 2021. On November 17, 2020, an investor alleged that Matthew Babrick recommended an unsuitable investment strategy. The investor is seeking $1,100,000; the dispute is…

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Amir Navab (CRD #: 2437020), an investment adviser registered with Great Gable Wealth Management, was involved in a recent investor dispute over misrepresentations, according to his IAPD record, accessed on February 2, 2021. Navab was previously registered as a broker, most recently with RBC Capital Markets. On November 17, 2020, an investor alleged that Amir…

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