Articles Posted in REIT Complaints

Mitchell FooteKansas-based Client One Securities broker/adviser Mitchell Foote is the subject of settled or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Foote (CRD# 2440243).

Mitchell Foote has spent twenty-two years in the securities and has been registered with Client One Securities in Manhattan, Kansas since 2011. Previous registrations include Sterne Agee Financial Services in Manhattan, Kansas (2010-2011); Broker Dealer Financial Services in Manhattan, Kansas (2007-2009); SII Investments in Salina, Kansas (1999-2007); and InterSecurities in St. Petersburg, Florida (1994-1999).  He is a registered broker with sixteen US states and territories: Arkansas, Colorado, Florida, Illinois, Indiana, Kansas, Missouri, Nebraska, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Utah, and Washington. Continue Reading

Fera ShivaeeCalifornia-based Centaurus Financial broker/adviser Fera Shivaee, also known as Fereshteh Fera and Fereshteh Nahavandi, is the subject of pending customer complaints. The securiteis and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Ms. Shivaee (CRD# 2271590).

Fera Shivaee has spent 22 years in the securities industry and has been registered with Centaurus Financial in Laguna Niguel, California since 1997. Previous registrations include: SunAmerica Securities in Phoenix, Arizona (1996-1997); Finance 500 in Irvine, California (1995-1996); Centaurus Financial in Anaheim, California (1993-1996); and Mariner Financial Services in Largo, Florida (1993). She is a registered broker and investment adviser with six US states: Arizona, California, Missouri, Nevada, New Mexico, and North Carolina. Continue Reading

Dennis Van PatterPublic records provided by the Financial Industry Regulatory Authority (FINRA) on March 2, 2016 indicate that Texas-based VSR broker/adviser Dennis Van Patter is the subject of several customer complaints. The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Mr. Van Patter (CRD# 1364583).

Dennis Van Patter has spent 30 years in the securities industry and has been registered with VSR Financial Services in Plano, Texas since 1997. Previous registrations include Dominion Capital Corporation in Dallas, Texas (1990-1997); Anchor National Financial Services (1987-1989); and NWNL Management Corporation (1985-1986). He is a registered broker and investment adviser in Texas. Continue Reading

shutterstock_1100090According to records provided by the Financial Industry Regulatory Authority (FINRA) on February 26, 2016, former California-based Summit Brokerage Services broker Debra Smith 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 customers who have complaints regarding Ms. Smith (CRD# 2699606).

Debra Smith has spent nineteen years in the securities industry and was most recently registered with Summit Brokerage Services in Rohnert Park, California (1999-2015). She was previously registered with LSA Securities in Lincoln, Nebraska (1998-1999) and SunAmerica Securities in Phoenix, Arizona (1996-1998). She is currently not registered with any state or firm. Continue Reading

United Development Funding IVAccording to Investment News, the Federal Bureau of Investigation (FBI) has raided the offices of United Development Funding IV, a publicly-traded real estate investment trust (REIT) based in Dallas, Texas. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have lost money investing in United Development Funding IV.

United Development Funding IV manages traded and non-traded REITs, according to Investment News, and its stock price fell 81% in recent months, after a hedge fund alleged United Development Funding IV operates “like a Ponzi scheme.” Continue Reading

Jeffrey SandersAccording to records provided by the Financial Industry Regulatory Authority (FINRA) on February 16, 2016, Florida-based Cabot Lodge Securities broker Jeffrey Sanders  is the subject of one pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Sanders (CRD# 2200497).

Jeffrey Sanders has spent 22 years in the securities industry and has been registered with Cabot Lodge Securities in Boca Raton, Florida since 2014. Previous registrations include Fintegra in Boca Raton, Florida (2009-2014); Jesup & Lamont Securities in Boca Raton, Florida; Empire Financial Group in Boca Raton, Florida; Jesup & Lamont Securities in New York, New York; Rushmore Securities in Dallas, Texas; Northstar Securities in Dallas, Texas; JW Genesis Financial Services in St. Louis, Missouri; Sigma Financial Corporation in Ann Arbor, Michigan; IFG Network Securities in Atlanta, Georgia; and Wealth Builders Equity Corporation. He is a registered broker in three US states: Colorado, Florida, and New Jersey. Continue Reading

Gopi Vungarala According to records provided by the Financial Industry Regulatory Authority, Michigan-based Purshe Kaplan Sterling Investments broker/adviser Gopi Vungarala is under investigation for allegations involving he lied about investments and commissions. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Vungarala (CRD# 4856193).

Gopi Vungarala has spent eleven years in the securities industry and has been registered with Purshe Kaplan Sterling Investments in Midland, Michigan since 2007. He was previously registered with American General Securities Corporation in Midland, Michigan (2004-2007). He is a registered broker and investment adviser with two US states: Michigan and Texas. Continue Reading

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

Stephen WestlakeThe securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investor who have complaints regarding California-based Ameriprise broker/adviser Stephen Westlake (CRD# 1435643).

Stephen Westlake has spent thirty years in the securities industry and has been registered with Ameriprise Financial Services in Granite Bay, California since 1985. He was previously registered with IDS Life Insurance Company in Minneapolis, Minnesota (2000-2006). He is a registered broker and investment adviser with 26 US states and territories. Continue Reading

Paul SchmidtThe securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Minnesota-based SII Investments broker Paul Schmidt (CRD# 2703069).

Paul Schmidt has spent nineteen years in the securities industry and has been registered with SII Investments in Sartell, Minnesota since 2010. Previous registrations include Valic Financial Advisors in Edina, Minnesota (2009-2010); Securities America in Sartell, Minnesota (2008-2009); SII Investments in Sartell, Minnesota (1999-2008); and Miller Johnson & Kuehn in Minneapolis, Minnesota (1996-1999). He is a registered broker in Illinois and Minnesota. Continue Reading