Articles Posted in ETFs

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iPath Bloomberg NaturalThe securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding the iPath Bloomberg Natural Gas Subindex Total Return exchange-traded note (GAZ).

The iPath Bloomberg Natural Subindex Total Return ETN, according to ETF.com, is an exchange-traded note issued by Barclays that tracks “an index of front-month futures on natural gas, which is the exact same exposure provided by our benchmark. But GAZ is closed to creations, meaning the key plumbing that underpins all exchange-traded products—the create/redeem process—is broken. This situation isn’t new: GAZ has been closed for creations since 2009, and has traded at massive distortions to fair value at times. In short, proceed with extreme caution.” Continue reading →

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Jamie MeehanMassachusetts and Florida-based Wells Fargo Advisors broker/adviser Jamie Meehan is the subject of resolved or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Meehan (CRD# 1655994).

Jamie Meehan has spent 28 years in the securities industry and has been registered with Wells Fargo Advisors in Chatham, Massachusetts and Fort Lauderdale, Florida since 2003. Previous registrations include Prudential Securities Incorporated in New York, New York (1996-2003) and Painewebber Incorporated in Weehawken, New Jersey (1987-1996). He is a registered broker and investment adviser with 21 US states and territories. Continue reading →

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Mark OttaCalifornia-based RBC Capital Markets broker/adviser Mark Otta is the subject of a pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Otta (CRD# 2590012).

Mark Otta has spent twenty years in the securities industry and has been registered with RBC Capital Markets in Fresno, California since 2002. Previous registrations include Sutro & Company in San Francisco, California (1998-2002) and Smith Barney in New York, New York (1995-1998). He is a registered broker and investment adviser with seventeen US states and territories: Arizona, California, Colorado, Florida, Georgia, Idaho, Indiana, Missouri, Montana, Nevada, Ohio, Oregon, Pennsylvania, Tennessee, Texas, Vermont, and Washington. Continue reading →

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Scott GoldmanPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on February 24th, 2016 indicate that Illinois-based H. Beck broker/adviser Scott Goldman is the subject of several customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Goldman (CRD# 1682329).

Scott Goldman has spent 28 years in the securities industry and has been registered with H. Beck in Arlington Heights, Illinois since 2010. Previous registrations include LPL Financial in Arlington Heights, Illinois; Waterstone Financial in Arlington Heights, California; FFP Securities in Chesterfield, Missouri; Oak Brook Securities in Oakbrook Terrace, Illinois; Mutual Service Corporation; PW Securities; and AMEV Investors. He is a registered broker and investment adviser in Illinois. Continue reading →

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James BrennanAccording to records published by the Financial Industry Regulatory Authority (FINRA) on February 16, 2016, former California-based TR Winston & Company broker James Brennan is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints Mr. James Brennan (CRD# 821647).

James Brennan has spent 36 years in the securities industry and was most recently registered with TR Winston & Company in Los Angeles, California. Previous registrations include Gilford Securities in New York, New York; Blaine Andrews & Company; Shearson Lehman Brothers; Drexel Burnham Lambert; Lehman Brothers Kurt Loeb; Lehman Brothers; and Merrill Lynch. He is currently not registered with any state or firm. Continue reading →

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Susan MooreThe securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Alabama-based LPL broker/adviser Susan Moore (CRD# 1130216).

Susan Moore has spent 32 years in the securities industry and has been registered with LPL Financial in Alexander City and Montgomery, Florida since 2006. Previous registrations include Raymond James Financial Services in Alexander City, Alabama (1999-2006); Robert Thomas Securities in St. Petersburg, Florida (1991-1999); and Prudential Securities Corporation in New York, New York (1983-1991). She is a registered broker in 30 US states and territories. Continue reading →

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William CarltonThe securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Virginia-based UBS broker/adviser William Carlton (CRD# 1132967).

William Carlton has spent 32 years in the securities industry and has been registered with UBS Financial Services in Vienna, Virginia since 2007. Previous registrations include Citigroup Global Markets in McLean, Virginia (1993-2007); Lehman Brothers in New York, New York (1991-1993); Dean Witter Reynolds, New York (1989-1991); Wheat First Securities (1984-1987); and San Diego Securities (1983-1984). He is a registered broker and investment adviser in 28 US states and territories. Continue reading →

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Brandt WendlandThe securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Minnesota-based Feltl & Company broker Brandt Wendland (CRD# 2629983).

Brandt Wendland has spent twenty years in the securities industry and has been registered with Feltl & Company in Minneapolis, Minnesota since 2004. Previous registrations include RBC Dain Rauscher in New York, New York (1998-2004); Dain Rauscher Incorporated (1997-1998); and John G. Kinnard & Company, Incorporated in Minneapolis, Minnesota (1995-1998). He is a registered broker in twenty US states and territories, including California, Florida, Maryland, Michigan, Minnesota, New Jersey, New York, Pennsylvania, Virginia, and Wisconsin. Continue reading →

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shutterstock_208157017The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of account churning committed by New York-based Newbridge broker Brent Porges (CRD# 4002626).

Brent Porges has spent eleven years in the securities industry and has registered with Newbridge Securities in New York, New York since November 2015. He was previously registered with Newbridge Securities in Uniondale, New York (2015); Craig Scott Capital in Uniondale, New York (2012-2015); Brookstone Securities in Melville, New York (2010-2012); Rockwell Global Capital in Bethpage, New York (2010); Prestige Financial Center in Garden City, New York (2009-2010); Brookstone Securities in Garden City, New York (2009-2010); New Castle Financial Services in Melville, New York (2009); Pointe Capital in Bethpage, New York (2008); Joseph Gunnar & Company in New York, New York (2007-2008); Great Eastern Securities in New York, New York (2005-2006); Benson York Group in Melville, New York (2005); Gunnallen Financial in Tampa, Florida (2002-2005); First Montauk Securities in Red Bank, New Jersey (2002); Andover Brokerage in Montebello, New York (2001); and On-Site Trading in Great Neck, New York (2000). Of Mr. Porges’ former employers, four have since been expelled by the Financial Industry Regulatory Authority (FINRA): Benson York Group, New Castle Financial Services, Brookstone Securities, and Prestige Financial Group. Mr. Porges is a registered broker in California and New York. Continue reading →

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shutterstock_216799618The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding New York-based Worden Capital Management broker Christos Kalatoudis (CRD# 4888800).

Christos Kalatoudis has spent ten years in the securities industry and has been registered with Worden Capital Management in Garden City, New York since 2013. Previous registrations include National Securities Corporation in New York, New York (2013); John Thomas Financial in New York, New York (2007-2013); Joseph Gunnar & Company in New York, New York (2006-2007); SW Bach & Company in New York, New York (2005); and Ehrenkrantz King Nussbaum in Melville, New York (2004-2005). Two of his former employers, John Thomas Financial and Ehrenkrantz King Nussbaum, have since been expelled by the Financial Industry Regulatory Authority (FINRA). Mr. Kalatoudis is a registered broker in nineteen US states and territories. Continue reading →