Andrew Elsoffer Oil and Gas Recommendations While With Stifel Nicolaus?

Were you recommended oil and gas investments by Stifel Nicolaus financial advisor Andrew Elsoffer (30100 Chagrin, Suite 101, Pepper Pike, OH, 44124)?  If so, those losses are potentially recoverable in the FINRA arbitration forum.  Brokers are obligated to make investment recommendations that are suitable and consistent with their clients objectives, net worth, age and other…

Oil and Gas and TIC Investment Losses With Alvery Bartlett and Wealth Management?

Financial Industry Regulatory Authority (FINRA) records indicate that Clayton, Missouri-based Arete Wealth Management broker Alvery Bartlett has been involved in pending or resolved customer disputes. Mr. Bartlett allegedly misrepresented and recommended unsuitable investments between 2012 and 2014. He also allegedly misrepresented and recommended unsuitable investments in oil and gas securities and tenant-in-common (TIC) interests. These…

If You Were Sold MLPs by Your RBC Capital Markets Broker, You May Be Able To Recover Your Losses

This week, a Financial Industry Regulatory Authority (FINRA) arbitration panel comprised of three arbitrators, ordered RBC Capital Markets, and its broker, Bruce Cameron, to pay a former client $723,000 for losses sustained. The client was an elderly woman, and her portfolio suffered losses because of an overconcentration of oil and gas master limited partnerships (MLP)…

How To Recover Losses Due To Unsuitable Oil and Gas Recommendations by Broker Jeffrey Wilson

According to records with the Financial Industry Regulatory Authority (FINRA), Jeffrey Wilson, a broker with Wells Fargo in Las Cruces, New Mexico, has been accused of making unsuitable investment advice concerning various investment products including energy stocks that likely include master limited partnerships (MLPs). In or around August 2014, according to BrokerCheck records with FINRA,…

George Merhoff: FINRA Arbitration Claim Filed For Oil and Gas Investments

George C. Merhoff, a Cetera Advisors broker in Klamath Falls, Oregon, allegedly recommended numerous oil and gas and energy investments which were high-risk and illiquid. These included Linn Energy, Pengrowth Energy, and Amerigas Partners. Merhoff also allegedly recommended illiquid alternative investments including Cypress Income Funds and ICON 12, when he was registered with Pacific West…