Kevin Barletta (CRD #: 4691033), a previously registered investment adviser with Royal Alliance Associates, has been suspended by FINRA following allegations of cross-trading, according to his BrokerCheck record, accessed on December 8, 2020. This is not Mr. Barletta’s only disclosure related to cross-trading. On October 15, 2020, Kevin Barletta entered into an Agreement, Waiver and…

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Michael Pellegrino (CRD #: 5900843) an investment adviser registered with Goldstone Financial Group, is under investigation by FINRA, according to his IAPD record, accessed on December 8, 2020. Mr. Pellegrino’s SEC record also reveals seven client disputes. Details of these disclosures are provided below. On September 29, 2020, FINRA made a preliminary decision to recommend…

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NYC REIT is one of the many real estate investment trusts to lose substantial principle value this year. The New York City REIT from AR Global was a non-traded Real Estate Investment Trust — a particularly risky investment. Non-traded REITs don’t have to report as much information about their business to the SEC, making it…

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Mazi Monshi (CRD #: 2629721), a broker registered with IFP Securities, has a new disclosure on his BrokerCheck record, accessed on October 27, 2020. For more information regarding his previous investor disputes, keep reading. On September 9, 2020, clients alleged that Mazi Monshi recommended unsuitable investments in a number of Real Estate Investment Trusts and…

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Good financial advisors help investors steer their savings toward reliable investments. These securities may not offer spectacular rates of return, but they do offer what most investors want: A reliable way to generate more money without much interference or insider knowledge. You’ve probably heard the saying, “Scared money doesn’t make money.” A more pragmatic take…

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Tatyana Bunich (CRD #: 2288860), a broker and an investment adviser registered with Independent Financial Group, LLC, has two investor complaints that allege unsuitable investment recommendations, according to her BrokerCheck record, accessed on September 23, 2020. For more information about her career as an investment adviser, see the information below. On July 23, 2020, a…

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Mo McKinney (CRD #: 1036808), a broker registered with Concorde Investment Services LLC, is facing a pending customer dispute, according to his BrokerCheck record, accessed on September 16, 2020. Mr. McKinney is also an investment adviser with Concorde Asset Management LLC. There’s more to Mo McKinney’s broker record that investors should note. On August 31,…

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Bill Fox (CRD#: 1522234), a registered representative with First Allied Securities, Inc. (CRD#: 32444) in Austin, Texas, is currently involved in a customer dispute over non-traded real estate investment trusts (REITs), private placements, and annuities, according to his BrokerCheck record accessed on February 4, 2020. What happened to lead to this dispute? On November 15,…

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Gary Barth (CRD#: 2466996), a registered representative with Ameritas Investment Corp. (CRD#: 14869) in Kearney, Nebraska, is currently involved in a pending customer dispute in which clients are seeking $600,000 in damages, according to his BrokerCheck record accessed on January 16, 2020. The clients allege that Gary Barth misrepresented the nature of investments when selling…

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