August 2017 - Shustak Reynolds

California Securities Lawyer Update: From Bad to Worse, Wells Fargo Increases Fake Account Estimate

By George C. Miller — posted in Financial Industry Developments on Thursday, August 31, 2017.

Financial Services Industry Investor Protection

Wells Fargo now estimates that the firm opened 3.5 million phony bank and credit card accounts [...]

California Securities Lawyer Update: Morgan Stanley Broker Suspended for Altering Client Information

By George C. Miller — posted in Regulatory Enforcement & Investigations on Tuesday, August 8, 2017.

Disciplinary Actions Financial Advisors

The Financial Industry Regulatory Authority (FINRA) recently suspended [...]

San Diego Securities and Financial Attorneys: Former LPL Financial Brokers Charged By SEC With Annuity Sales Abuses To Federal Employees

By Erwin J. Shustak — posted in Regulatory Enforcement & Investigations on Tuesday, August 8, 2017.

Disciplinary Actions Employment Law Financial Advisors SEC

This past Monday, the Securities and Exchange Commission charged four former Atlanta-based LPL brokers with selling 200 privately-issued annuities [...]

San Diego Securities and Financial Attorneys: Merrill Lynch Fires Fires Two Boston-Based Brokers For Stealing Client Funds

By Erwin J. Shustak — posted in Investor Claims & Financial Fraud on Wednesday, August 2, 2017.

Financial Advisors Investment Fraud

According to FINRA CRD registration records, Morgan Stanley fired two long term, Boston-based brokers [...]

Month: August 2017