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Investor Alert

Investor Alert – Steve Case, LPL Financial, and FSC Securities Corporation

Investor Alert – Steve Case, LPL Financial, and FSC Securities Corporation

Stockbroker Steve Case of LPL Financial in Bloomfield Hills, Michigan is involved in a legal dispute with a customer who alleges that Case recommended alternative investments, specifically Real Estate Investment Trusts, that were unsuitable for the customer. Case was previously registered with FSC Securities Corporation, and before that with National Planning…

Investor Alert – Daniel Girdler and Merrill Lynch

Investor Alert – Daniel Girdler and Merrill Lynch

At least two customer complaints were filed against Merrill Lynch stockbroker Daniel Girdler in 2018. One of the customers alleged that Girdler of Bloomfield Hills, Michigan made unsuitable investment recommendations from March 23, 2009 until January 21, 2015. The other customer alleged that Girdler is responsible for misrepresentations from August of 2013 until February of 2017. Suitability…

Recover Losses From UBS’ “Yield Enhancement Strategy”

Recover Losses From UBS’ “Yield Enhancement Strategy”

UBS’ “yield enhancement strategy,” also known as “YES,” was sold to investors as a safe, conservative investment strategy, so many YES investors were shocked to discover massive losses in their accounts in 2018 and 2019.  The investors were reportedly unaware that they could sustain losses of such magnitude in the YES program because the  strategy was…