Investor Update: Anthony Diaz and IBN Financial Services

Stoltmann Law Offices continues to investigate Anthony Diaz, a broker with IBN Financial Services in Pennsylvania. Diaz allegedly began over-concentrating a client’s irreplaceable retirement assets into high-risk, commission-laden private placements, real estate investment trusts (REITs), and other illiquid, alternative investments. The customer was looking to generate income, while protecting his principal. He agreed to move…

Pamela Shuttleworth; Comprehensive Asset Management; Parsippany, New Jersey

The Financial Industry Regulatory Authority (FINRA) has barred former Comprehensive Asset Management broker Pamela Shuttleworth, from the securities industry. Ms. Shuttleworth had violated securities laws and internal firm rules. Ms. Shuttleworth failed to respond to a FINRA investigation against her, which resulted in her automatic bar. FINRA was investigating her regarding allegations that she was…

National Securities Corp Broker Jonathan Aschoff Recommended Avenue Therapeutics (ATXI.O), Checkpoint Therapeutics (CKPT.O) Inc., and Mustang Bio Inc. (MBIO.O)

Stoltmann Law Offices continues to investigate National Securities Corp broker Jonathan Aschoff and his recommendations of the following Biotech securities: Avenue Therapeutics Inc (ATXI.O); Checkpoint Therapeutics Inc (CKPT.O); and Mustang Bio Inc. (MBIO.O) Aschoff allegedly recommended and sold these investments to customers and failed to mentioned that his employer, National Securities, is owned by the…

Former Robert W. Baird Broker Patrick Phillips In Trouble With Regulators

According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), former Robert W. Baird broker Patrick Phillips has violated securities laws. Mr. Phillips allegedly accepted two loans from a firm customer totaling $70,000. He also used a personal email account for business purposes in contravention of policies.…

Healthcare Trust REIT Drops Lower: Investment Loss Options

Stoltmann Law Offices continues to investigate Healthcare Trust REIT, a non-traded real estate investment trust (REIT), that seeks to acquire a diversified portfolio of real estate properties focusing primarily on healthcare-related assets including medical office buildings, seniors housing, and other healthcare-related facilities. This is according to the company’s website. Recent news suggests that Healthcare Trust…

Stoltmann Law Offices Investigating Kovack Securities For Securities Law Violations

Stoltmann Law Offices is investigating Kovack Securities. A customer claimed that Kovack allegedly broke securities laws by failing to perform necessary due diligence on these investments: Marathon Patent Group Inc. TrovaGene, Inc. A Servern, Maryland customer is alleging claims against the firm for violations of common law fraud, breach of fiduciary duty, negligence and negligent…