Investor Alert

Investor Alert – Floyd Powell, MML Investors Services and MSI Financial Services

Investor Alert – Floyd Powell, MML Investors Services and MSI Financial Services

The Financial Industry Regulatory Authority has barred former stockbroker Floyd Powell of Albertville, Alabama from the securities brokerage industry after finding that Powell solicited investors to purchase promissory notes issued as part of a Ponzi scheme perpetrated by the Woodbridge Group of Companies LLC (“Woodbridge”), which has since filed for Chapter 11…

Investor Alert – Benjamin Bourgeois and Commonwealth Financial Network

Investor Alert – Benjamin Bourgeois and Commonwealth Financial Network

Stockbroker Benjamin Frank Bourgeois Jr. of Metairie, Louisiana is involved in a legal dispute with a customer who alleges that Bourgeois converted funds that the customer had entrusted to Bourgeois for investment purposes. The specific claims that have been alleged against Bourgeois include “employing devices, schemes or artifices to defraud; making untrue…

Investor Alert – Adam Lopez and Country Capital Management Company

Investor Alert – Adam Lopez and Country Capital Management Company

FINRA recently barred Adam Lopez of Springfield Illinois from the securities brokerage industry after Mr. Lopez refused to cooperate with the self-regulator’s investigation into allegations that Mr. Lopez committed “fraud” and “wrongful taking of property” while he was registered with securities brokerage firm Country Capital Management Company. Mr. Lopez’s conduct has led…