Latest from Investor Lawyers Blog - Page 2

FINRA Accuses Broker-Dealers of Negligence and Unsuitability 
The Financial Industry Regulatory Authority (FINRA) recently fined three brokerage firms for negligently selling GPB Capital Holdings private placements to retail customers. The broker-dealers are Dempsey Lord Smith, BD4RIA, and Geneos Wealth Management. 

Beechwood Bermuda Investor Was Unsuitably Recommended Non-Traded REIT Healthcare Trust
Another Chinese investor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Cetera Investment Services over losses suffered in Beechwood Bermuda (a Northstar Financial Services (Bermuda)-related product).