Horter Investment Management & LJM Preservation and Growth Fund (LJMIX) Investment Losses

If you lost money because of a recommendation by Horter Investment Management, please call our Chicago-based law firm today. We are securities attorneys who help clients bring claims against firms like Horter Investment Management. Horter sold shares of LJMIX as part of its “sleeves” investment philosophy. Notwithstanding the name of the fund, LJMIX was not…

Accelerated Capital Group Enters Into Agreement With FINRA

Accelerated Capital Group entered into a Disciplinary Proceeding with the Financial Industry Regulatory Authority (FINRA). According to the Proceeding, Accelerated allegedly failed to establish and maintain a supervisory system, including written supervisory procedures (WSPs), reasonably designed to achieve compliance with federal securities laws and FINRA rules. “The firm failed to reasonably supervise trading activity to…

James Plaster and Ameriprise Can Be Sued for Investment Losses

Stoltmann Law Offices is investigating James Plaster, an Alabama-based Ameriprise Financial Services broker. He allegedly failed to manage a portfolio with reasonable care and to perform his job properly. He also made unsuitable mutual fund investment recommendations. These are all against securities laws. His firm, Ameriprise, can be sued in the Financial Industry Regulatory Authority…

Suing Interactive Brokers LLC

Stoltmann Law Offices is investigating Interactive Brokers LLC. An arbitration panel recently found the discount brokerage firm liable for selling securities from client accounts to pay margin debt, resulting in large losses. The panel ordered the firm to pay $667,000 to a hedge fund affected by the losses. The hedge fund, Glen Lyon Long Term…

Options For Investors Who Wish to Sue Merrill Lynch and the Sale of MLCXX6LSER Commodity Index Fund (MLC)

Stoltmann Law Offices is interested in speaking to those investors who may have invested with Merrill Lynch in the fund MLCXX6LSER Index (MLC Index). Craig Kinard, a Merrill Lynch adviser, was accused of making MLC Index recommendations and sales. MLC Index is allegedly one of the most complex investment products that could be sold to…

Kevin Dunnigan of Loveland, Colorado & Investment Centers of America

Stoltmann Law Offices is investigating Kevin Dunnigan, a broker with Investment Centers of America. Dunnigan has been accused of making unsuitable investment recommendations, misrepresenting material facts related to a mutual fund investments, failed to disclose risks and commissions, acted negligently, omitted material facts and was censured and fined for his actions. These are all against…

David Altwerger; Morgan Stanley

According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), David Altwerger was accused of making 10 electronic fund transfers from his personal bank account to his personal brokerage account knowing that he had insufficient funds to cover the transfers. This is against securities rules and regulations,…

Morgan Stanley and Edward Jones Sued Over 401(k) Plan Mismanagement and Fees

Both Morgan Stanley and Edward Jones are in hot water because of mismanagement and overcharging of fees regarding the companies’ 401(k) plans. Morgan Stanley was accused of mismanaging the firm’s 401(k) retirement plan and costing 60,000 employees hundreds of millions of dollars by picking inappropriate and high-priced investments. This was done in order for the…