DKRPA Blog

Multiple Customer Complaints Lodged Against the Former Stockbroker  Morgan Stanley fired Stockbroker Ron Filoramo amid multiple complaints of unauthorized fund transfers out of customer accounts. Accusations include that the former broker “fraudulently induced” clients to transfer funds to outside investments that were never made. Dimond Kaplan & Rothstein, P.A. currently represents clients who have suffered …

Morgan Stanley Broker Ron Filoramo Fired for Alleged Fraud Read More »

If you suffered losses investing with Stifel and Chuck Roberts or another broker, contact our office to schedule a free consultation.

Harmed Investors Are Encouraged to Seek Legal Counsel Legal claims have been filed against Sanford C. Bernstein & Co. & Alliance Bernstein LP, alleging that the related financial services firms made material misrepresentations and omissions regarding its “Options Advantage” strategy. Investors reportedly were told that the complex options strategy was low risk and low volatility …

Dimond Kaplan & Rothstein Investigates Sanford Bernstein/Alliance Bernstein Sales of “Options Advantage” Strategy Read More »

Former Oppenheimer broker, John J. Woods has pleaded guilty to running a $110 million Ponzi scheme that defrauded approximately 400 investors across 20 different states.

If you are or were a client of Stifel Financial broker Loren Morrison (CRD# 4578161) and have suffered investment losses, you may be able to file a FINRA arbitration claim to recover your losses. Morrison has been registered with Stifel’s Southfield, Michigan office since 2021, and previously was with LPL Financial LLC in the same location from 2009 to 2021.

Dimond Kaplan & Rothstein, P.A. (“DKR”) is investigating claims against brokerage firm Merrill Lynch relating to Merrill Lynch broker William “Bill” King. Bill King is believed to work out of New York City and Vero Beach, FL. He has faced a number of customer complaints involving allegations of unsuitable options trading and improper use of …

Dimond Kaplan & Rothstein is Investigating Claims Against Merrill Lynch Involving Broker William “Bill” Worthen King  Read More »

Souma artificially inflated the client’s risk profile, failed to disclose transactions to the investor, and made excessive trades in (or “churned”) the investor’s brokerage account.

We are pleased to announce that the investor advocate lawyers at Dimond Kaplan & Rothstein, P.A. have won yet another FINRA arbitration against UBS, this time involving a Chicago couple’s investment losses.

Dimond Kaplan & Rothstein is investigating brokerage firms across the country that have sold more than $1 billion of GWG L Bonds.