Securities Law

The Stock Market Loss fraud investigation team currently is assisting former clients of Lee Dana Weiss, who has been barred by the Securities and Exchange Commission from serving as an investment adviser or broker. Weiss also is prohibited from associating with companies that offer investment advice or sell securities to members of the public. Weiss

The Stock Market Loss team of investigators with McCarthy, Lebit, Crystal & Liffman Co., LPA, currently is reviewing claims against suspended broker John E. Burns, formerly of Edward Jones in Missouri. Burns has a number of customer disputes on his record along with employment separation after allegations and a regulatory ruling. Burns was permitted to

The Stock Market Loss securities fraud team is looking into complaints about Scott David Shapiro, a previously registered broker and investment adviser who worked with four firms over 21 years. From 1994 to 2016, Shapiro worked for the following New York companies: D.H. Blair & Co., Inc.; Whale Securities Co., L.P.; Citicorp Investment Services; and

The team of investment fraud attorneys at Stock Market Loss are investigating allegations against broker and investment adviser Dawn Bennett in Charlotte, Baltimore, New York and Washington, D.C. Bennett was suspended in August 2016 after she allegedly failed to respond to a request for information from the Financial Industry Regulatory Authority. In an additional regulatory

Anthony Mastroianni Jr. is a previously registered broker who has been barred by the Financial Industry Regulatory Authority from working as a broker or associating with companies that sell securities to members of the public. The stock fraud lawyers at McCarthy, Lebit, Crystal & Liffman Co., LPA, are investigating claims against Mastroianni by former clients

The Stockbroker Malpractice team of McCarthy, Lebit, Crystal & Liffman Co., LPA  is investigating claims against Mark N. Wesley, a former broker with Ameriprise Financial Services. Wesley, who worked in Independence, Ohio, now is out of the industry. Mark Wesley’s Fraudulent Practices According to his public record, Wesley recently was “permitted” by the Ameriprise to resign

On October 17, 2016, broker-dealer ProEquities, Inc. of Birmingham, Alabama was censured and fined $165,000 by FINRA. The firm consented to the sanctions and to the entry of findings that (among other things) it failed to establish, maintain, and enforce adequate written procedures to supervise sales of non-traditional Exchange Traded Funds or “ETFs”. The findings

This summer, the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC) both fined Merrill Lynch, the brokerage arm of Bank of America Corporation, for negligently failing to adequately disclose information in connection with the sale of a product called “Strategic Return Notes” (“SRNs”). These structured notes were issued by Merrill Lynch’s

The Stockmarketloss investment fraud team at McCarthy, Lebit, Crystal & Liffman Co. LPA is investigating claims against stockbroker Dominic Tropiano, formerly of America Northcoast Securities in Cleveland, OH. During much of Tropiano’s tenure with America Northcoast Securities, he allegedly serviced customers’ accounts and solicited securities sales despite the fact that he was neither registered with