1-800-856-3352

Report – 7/07/17

1 – Thomas Oliphant was registered with LPL Financial and conducted business under the name of One Advocate Group and Grand Purpose Advocate.  Oliphant is believed to have been involved with outside business activities and was discharged and terminated by LPL Financial and also had at least one prior customer complaint disclosure on his record.  See: FINRA brokercheck.  If you are an investor who has suffered losses with Oliphant at LPL Financial, or relating to any of Oliphant’s outside businesses activities, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.  

 

2 – As of July 1, 2017, a new fiduciary duty will be applicable for broker-dealers and investment advisers operating in the state of Nevada.  The Nevada Securities Act and related statutes and definitions were revised to include (among other things) a mandate that any “broker-dealer, sales representative, investment adviser or representative of an investment adviser shall not violate the fiduciary duty toward a client” and also modifying the related statutory definitions to remove exclusions from the term “financial planner” in other statutes.  If you are a Nevada investor who has suffered losses based on the advice or recommendations of an investment adviser, or broker-dealer either before or after these legal changes have taken effect, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.  

 

3 – Brandon Joseph Vassallo from Syosset, New York, was most recently registered with Cova Capital Partners and previously registered with Legend Securities, Inc. and New Castle Financial Services.  Vassallo is believed to have at least one or more customer complaints involving allegations of churning and unsuitability related to over-the-counter equity transactions.  See: FINRA brokercheck.  If you are an investor who has suffered losses with Vassallo at Cova Capital Partners, Legend Securities, or New Castle Financial Services relating to over-the-counter equity transactions or any other investments, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.  

 

4- John Joseph Tillger, Jr. of Conshoshocken, Pennsylvania was registered with CV Brokerage, Wharton Equity Corp. and NFP Advisor Services.  Tillger is believed to have several customer complaint disclosures alleging (among other things) issues related to misrepresentation and unsuitable recommendations involving hedge fund investments and negligent handling of customer limited partnership interest holdings.  See: FINRA brokercheck.  If you are an investor who has suffered losses with Tillger at CV Brokerage, Wharton Equity Corp., or NFP Advisor Services, involving unsuitable recommendations, hedge funds, negligence, limited partnership or any other investments, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.  

 

5 – Samir Collaku of Edison, New Jersey was registered with National Securities Corporation and Wells Fargo Advisors, LLC.  Collaku is believed to have been barred by FINRA and also believed to have one or more customer complaint disclosures alleging issues related to option trading and unsuitable and unauthorized over-the-counter equity transactions.  See: FINRA brokercheck.  If you are an investor who has suffered losses with Collaku at National Securities Corporation, or Wells Fargo Advisors, LLC, involving unsuitable recommendations, unauthorized transactions, options trading, over-the-counter equity trades or any other investments, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.  

 

6- Jesse Joseph Holovacko of South Amboy, New Jersey was registered with Merrill Lynch and UBS.  Holovacko is believed to have been sanctioned by the State of New Jersey Bureau of Securities based on findings of fraudulent omissions and misrepresentations.  Allegations related to purported bond transactions that instead included a possible transfer of funds into personal accounts controlled by Holovacko for gambling ventures and lavish dinners.  Holovacko is also believed to have one or more customer complaint disclosures alleging issues related to misrepresentation and unsuitable recommendations involving variable annuities.  See: FINRA brokercheck.  If you are an investor who has suffered losses with Holovacko at Merrill Lynch, or UBS, involving unsuitable recommendations, variable annuities, bond transactions or any other investments, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.

 

7 – James Edward Bashaw of Houston, Texas was registered with LPL Financial.  Bashaw is believed to have one or more customer complaint disclosures alleging issues related to unsuitable recommendations of Promissory Note investments outside of LPL Financial accounts relating to Texas Air Shuttle LLC investments.  See: FINRA brokercheck.  If you are an investor who has suffered losses with Bashaw at LPL Financial involving unsuitable recommendations, Promissory Note investments or any other investments, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.  

 

8 – Daniel Edward Peltier of Edina, Minnesota was registered with RBC Capital Markets and Merrill Lynch.  Peltier is believed to have one or more customer complaint disclosures alleging sales practice violations related to over-the-counter equity transactions.  Other customer complaint disclosures include allegations of unsuitable recommendations and excessive equity transactions.  See: FINRA brokercheck.  If you are an investor who has suffered losses with Peltier at RBC Capital Markets, or Merrill Lynch, involving unsuitable recommendations, excessive transactions, over-the-counter equity trades or any other investments, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.  

 

9 – James John Raia of Ridgewood, New York was registered with J.P. Turner & Co., Greenpoint Securities, LLC, and Gunn Allen Financial.  Raia is believed to have one or more customer complaint disclosures alleging issues related to Behringer Harvard Real Estate Investment Trust real estate investment trust (REIT) securities and variable annuity transactions that were not appropriate for customers.  Other customer complaint disclosures allege misrepresentation relating to mutual fund products.  See: FINRA brokercheck.  If you are an investor who has suffered losses with Raia at J.P. Turner, Greenpoint Securities, or Gunn Allen Financial, involving Behringer Harvard, other REIT investments, mutual funds, or variable annuity investments, or any other investments, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.  

 

10 – Ankit Sahu of San Francisco, California was registered with UBS Financial Services.  Sahu is believed to have one or more customer complaint disclosures alleging issues related to unsuitable transactions and/or alleged misrepresentations related to UBS AG Time Deposits claiming the products did not involve principal risk and UBS failed to properly supervise Sahu.  Other customer complaint disclosures allege Sahu supposedly was involved in effecting equity transactions and non-purpose loan transactions in customer accounts that were not suitable for customers.  It is further believed that UBS may have terminated Sahu after receiving allegations of unauthorized loan transactions for customers.  See: FINRA brokercheck.  If you are an investor who has suffered losses with Sahu at UBS involving unsuitable recommendations, unauthorized loan or other transactions, UBS AG Time Deposits, equity trades or any other investments, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.  

 

11 – Nisha Sandeep Varma of San Diego, California was registered with LPL Financial and FSC Securities Corporation.  Varma is believed to have one or more customer complaint disclosures alleging issues related to unsuitable recommendations and insurance products.  This may overlap with a FINRA civil proceeding where a customer alleged a faulty recommendation was made by Varma to liquidate stocks leading the customer to sustain losses and effecting a transaction of unsuitable insurance policies.  See: FINRA brokercheck.  If you are an investor who has suffered losses with Varma at LPL Financial, or FSC Securities Corporation involving unsuitable recommendations, insurance products or any other investments, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.  

 

12 – Lee Rosenberg was registered with Cadaret, Grant & Co. out of Jericho, New York and Boca Raton, Florida.  Rosenberg is believed to have one or more customer complaint disclosures alleging issues related to unsuitable recommendations and unauthorized transactions, at least one or more related to variable annuity transactions.  See: FINRA brokercheck.  If you are an investor who has suffered losses with Rosenberg at Cadaret, Grant & Co. involving unsuitable recommendations, unauthorized transactions, variable annuities or any other investments, please contact the Investment Loss Recovery Team at the Ciklin Lubitz & O’Connell Law Firm at 1-800-856-3352 for a no-cost consultation and review.