Main office: (616) 632-8000
Toll-free: (888) 607-4819
On February 4, 2021, the SEC filed a complaint against GPB Capital and various related entities and individuals alleging that the defendants had been perpetrating a massive fraudulent scheme using a network of feeder funds. As explained in the complaint, GPB Capital held itself out to the investing public as…
In the past six months, at least two customers of financial advisor Jeffrey Eglow of Boca Raton, Florida have filed complaints alleging that Eglow gave them negligent investment advice. They have also alleged that Eglow breached his fiduciary duties. Eglow is currently associated with the brokerage firm Newbridge Securities Corp. He was previously associated with…
Former financial advisor Richard Demetriou is currently involved in a legal dispute with a customer who alleges that Demetriou overconcentrated the customer’s portfolio in Real Estate Investment Trusts (REITs). Last year, Demetriou was sanctioned by the Financial Industry Regulatory Authority based on the regulator’s findings that Demetriou “made false or misleading misrepresentations…
At least three former customers of financial advisor Brian Kennedy (Camp Hill, Pennsylvania) have filed complaints alleging that Kennedy recommended unsuitable oil and gas investments. Kennedy made the recommendations at issue while he was associated with the brokerage firm Lincoln Financial Advisors. Since leaving Lincoln, Kennedy has spent time with Concourse Financial Group…