#Brookstone Securities complaint

[rinas-ninjas]

This is a blatant bribe for @entersomethingcreativehere so hope you like part one. :)

“We can’t trust a thing he says.”

Cole pinched the bridge of his nose. “What choice do we have? He’s the only clue we’ve got.”

Jay glanced at the figure seated in front of them. “Everything he says could be a lie!”

Zane frowned at his hands, clenched in fists in his lap. “But anything he says could be what we need.”

Cole nodded. “Then it’s the best plan we have.” He put his hands on the table and leaned in to face the teen in front of him. “Now,” his voice deepened with a glare. “Where. Is. Kai?”

Red eyes met his stare with a grin from under familiar spiked brown hair.

“Wouldn’t you like to know?”

----------------------------

It had all started a week prior.

Kai woke up with a splitting headache, comeuppance for intense element training the day before without proper hydration for that heat. It admittedly made him a nightmare to deal with – he made a point to work on regulating his mood swings, but the headache made him snappier than usual.

On a ship of seven people, five of which were teenagers…

It made for a tense morning.

“Brookstone, I swear to god, I will suplex you off the Bounty if you don’t move over.” Cole scooted down the bench at their kitchen table, hands thrown up in surrender as he attempted to keep himself (and his breakfast) out of Kai’s warpath.

Nya slid in on his other side, a plate of eggs and toast in tow. “Jeez, Kai, I may be used to your angst, but these guys aren’t. Chill out.”

Kai grumbled and shoved a forkful in his mouth. “He was in my way.”

Cole shrugged and shot Nya a smile. “It’s fine, I’m sure he’ll perk up once he gets some food,”

“And some water, Kai.” Zane’s insistent voice was followed by a glass set directly in front of the fire ninja’s plate. “Your headache should subside with proper care.”

Kai begrudgingly took the glass with a mumbled thanks.

From across the table, Lloyd frowned. “How come he gets to be grumpy and all he gets is a glass of water?” He winced when a newspaper lightly whapped him on the head.

“Kai is grumpy because he made an ill-informed decision. You are grumpy because you were asked to do chores.”

“Besides,” Nya piped up. “He has to get his act together for the day, same as you.”

Kai opened his mouth to protest his comparison to a ten-year-old, only to groan as the alarm blared around the breakfast table. He slumped to his feet with the rest of the team, Jay bounding in with a granola bar between his teeth.

All gathered around the Bounty’s main console, Nya typing away. “Looks like it’s your favorite twins, guys.” A chorus of groans echoed around the room.

“Why, why did Garmadon have to make fake ninja?”

“They are indeed frustratingly tenacious.”

“Just be glad you didn’t get called ‘baby brother’ by one of them.”

Cole snorted at Lloyd’s frustrated complaint. “At any rate, we gotta get moving. Let’s go!”

They arrived at the bank shortly, met with a very disheveled security guard who gave Cole a high five and jabbed his thumb at the building. “They’re…in there,” he panted out. “Good luck.”

The team nodded and dashed in, only to get slammed with a wall of fire.

“About time!”

Kai glared at his mirror-image. “Can you not today?” He yelled, sending his own fireball flying at him.

“Kai!” Zane quickly doused the flames and raised ice walls. “Be careful, we do not want anyone getting hurt!”

A metallic clang rang through the air as Zane reeled from the fist that slammed into his face. “I would worry about yourself,” His bizarro hissed. “Before worrying about others.”

Cole was locked in a grapple with his own opponent, while Jay raced around the room dodging and throwing lightning bolts.

Kai and his bizarro were fighting with intensity – flames shot in all directions, while one cackled and the other growled with each hit.

“This,” Bizarro Kai grunted with another blocked punch. “Is getting boring.”

Kai ducked out of his fireball’s path. “Yeah?” He swept his leg out in an attempt to catch the other off guard. “Then spice it up,” he drew his katana. “Surrender, before you get hurt.”

Bizarro Kai grinned and shook his head. “Nah, not my style – but I’d be down for a new opponent.” Kai tilted his head quizzically. “Hear baby bro’s started ninja training.” Kai’s face dropped at the poisonous look on his doppelganger’s face. “Wonder how much fun he’d be to fight.”

Kai snarled. “You wouldn’t dare.”

Bizarro Kai grinned. “Try and stop me.” He turned and shouted to his Cole, using him as a springboard to jump to the shattered skylight. Kai stared after him, before turning to the earth ninja.

“Cole! Boost – now!”

Cole followed Kai’s line of sight to the escaping bizarro, before bracing his hands. “Quick!” He threw the red ninja to the roof before whirling back to his own opponent. “Let’s finish this up guys!”

Kai raced after his double, ducking into alleys and leaping across rooftops. The Bounty floated just outside of the city limits – if he let himself get beat, and Lloyd was home alone…he shook the thought out of his head.

A sudden punch to his eye wrenched him out of his thoughts and sent him reeling into the dirt.

Kai groaned and rolled to get up, his head spinning and now throbbing from his earlier headache – only to find a blade at his throat. He curled his lip up at his attacker and raised his hands.

“What do you want?”

“From you?” Bizarro Kai scoffed. “Nothing. But Garmadon…he wants information.”

“I’m not telling you anything.”

Bizarro Kai rolled his eyes before raising his fist again. “You don’t have to.” He pulled Kai up by his gi, leaning in with a smirk. “Your buddies are gonna tell me everything. He punched fast and hard.

Kai’s world flashed abruptly to black.

[rexsecuritieslaw]

Joseph L. Derrico-Woodstock FInancial Group Broker-Discloses Customer Disputes-Staten Island, NY

Joseph L. Derrico-Woodstock FInancial Group Broker-Discloses Customer Disputes-Staten Island, NY

May 2017-Staten Island, NY The FINRA records of  Joseph L. Derrico  ,  a  stockbroker who is currently  registered with Woodstock Financial Group  disclose a pending regulatory matter, a pending customer dispute and a prior customer dispute . The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and…

[mikednolan]

Rocco Roveccio Subject to Customer Complaint Requesting over $1,500,000 in Damages

The securities attorneys at Gana Weinstein LLP are currently investigating First Standard Financial Company LLC (First Standard Financial) broker Rocco Roveccio (Roveccio). According to BrokerCheck Records, Roveccio has been subject to five customer complaints, two of which are still pending. Roveccio has also been subject to a pending regulatory matter, two liens, and a criminal action.

In May 2018, a customer alleged that Roveccio was executing unauthorized trades and recommending unsuitable investments to the customer. The customer has requested $1,500,000 in damages. This dispute is currently still pending.

In January 2018, a customer alleged that Roveccio was executing trades in the account without the customer’s prior permission and also engaged in churning of the account. The customer has requested $115,995.25. This dispute is currently still pending.

In July 2016, Roveccio was sanctioned by the Securities Exchange Commission (SEC) for violating various securities laws, including 17 (a) of the Securities Act of 1933 and Section 10(b) of Securities Act 1934, and the Financial Industry Regulatory Authority (FINRA) Rule 10b-5, which protect investors from misrepresentation of the sale or offer of securities. This regulatory matter is currently still pending.

Brokers are not allowed to engage in unauthorized trading or exercise discretionary power in non-discretionary customer accounts. Unauthorized trading occurs when a broker sells securities without the prior consent from the investor. Brokers have an obligation to first discuss trades with the investor before executing them under NYSE Rule 408(a) and FINRA Rules 2510(b). If a customer’s account is indeed discretionary, firm must keep documentation confirming the customer’s approval and knowledge of the discretionary status of the account.

Roveccio also has an unusual amount of complaints on his record in comparison to his peers.  According to newsources, only about 7.3% of financial advisors have any type of disclosure event on their records among brokers employed from 2005 to 2015. However, studies have found that in certain parts of California, New York or Florida, the rates of disclosure go up to as high as 18%.  Brokers must publicly disclose reportable events on their CRD customer complaints, IRS tax liens, judgments, investigations, and even criminal matters.

Roveccio entered the securities industry in 1996 and has been registered with First Standard Financial since October 2014. Since 1996, Roveccio has been registered with 14 firms. From June 2012 to October 2014, Roveccio was registered with Alexander Capital, L.P. From November 2009 to June 2012, Roveccio was registered with Brookstone Securities, Inc., which is currently expelled by the FINRA. From October 2008 to November 2009 , Roveccio was registered with Mercer Capital LD. From August 2006 o September 2006, Roveccio was registered with J.P. Turner & Company, L.L.C.  From August 2005 to August 2006, Roveccio was registered with Gunnallen Financial, Inc.

Investors who have suffered losses may be able recover their losses through securities arbitration.  The attorneys at Gana Weinstein LLP are experienced in representing investors in cases of unauthorized trading and brokerage firms failure to supervise their representatives.  Our consultations are free of charge and the firm is only compensated if you recover

from Securities Fraud https://www.securitieslawyersblog.com/rocco-roveccio-subject-to-customer-complaint-requesting-over-1500000-in-damages/

[rexsecuritieslaw]

James T. Flynn-Former Voya Financial Advisors Broker-Discloses Customer Disputes / Outstanding Liens-Greenville, SC

April 2017-Greenville, SC The FINRA records of  James T. Flynn ,  a  former Voya Financial Advisors stockbroker  disclose a pending customer dispute, 4 prior final customer disputes, a termination from employment and 3 outstanding judgment/liens. The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers…

[mikednolan]

Nicolas Toadvine Subject to Customer Complaints Over REITs and Real Estate Investments

Calton & Associates, Inc. (Calton) broker Nicolas Toadvine (Toadvine) has been subject to numerous complaints over non-traded REITs and real estate related investments.  According BrokerCheck Lynn has been subject to 12 customer complaints in total and declared bankruptcy in 2013.  The securities lawyers of Gana LLP are investigating the customer complaints against Toadvine.

Many of the complaints concern private placements and direct participation products (DPPs) such as non-traded real estate investment trusts (REITs).

All of these investments come with high costs and historically have underperformed even safe benchmarks, like U.S. treasury bonds.  For example, products like oil and gas partnerships, REITs, and other alternative investments are only appropriate for a narrow band of investors under certain conditions due to the high costs, illiquidity, and huge redemption charges of the products, if they can be redeemed.  However, due to the high commissions brokers earn on these products they sell them to investors who cannot profit from them.  Further, investor often fail to understand that they have lost money until many years after agreeing to the investment.  In sum, for all of their costs and risks, investors in these programs are in no way additionally compensated for the loss of liquidity, risks, or cost.

In addition, the number of disclosures with respect to Toadvine is high relative to his peers.  According to newsources, only about 7.3% of financial advisors have any type of disclosure event on their records among brokers employed from 2005 to 2015.  Brokers must publicly disclose reportable events on their CRD customer complaints, IRS tax liens, judgments, investigations, and even criminal matters.  However, studies have found that there are fraud hotspots such as certain parts of California, New York or Florida, where the rates of disclosure can reach 18% or higher.  Moreover, according to the New York Times, BrokerCheck may be becoming increasing inaccurate and understate broker misconduct as studies have shown that 96.9% of broker requests to clean their records of complaints are granted.

Toadvine entered the securities industry in 2000.  From June 2002 until February 2012, Toadvine was associated with Investors Capital Corp.  From January 2012 until June 2012, Toadvine was registered with Brookstone Securities, Inc – the firm was expelled from FINRA shortly after in October 2012.  From December 2012 until October 2013, Toadvine was associated with Cabot Lodge Securities LLC.  Finally since September 2013 Toadvine has been associated with Calton out of the firm’s Lakeland, Florida office location.

At Gana LLP, our attorneys are experienced representing investors who have suffered securities losses due to the mishandling of their accounts.  Claims may be brought in securities arbitration before FINRA.  Our consultations are free of charge and the firm is only compensated if you recover.

from Securities Fraud https://www.securitieslawyersblog.com/2017/07/13/nicolas-toadvine-subject-customer-complaints-reits-real-estate-investments/

[rexsecuritieslaw]

William K. Bradley-Former Newbridge Securities Broker-Discloses Customer Dispute & Termination

William K. Bradley-Former Newbridge Securities Broker-Discloses Customer Dispute & Termination

August 2016- New York The FINRA records of  William K. Bradley,  a  stock broker who is currently employed by Meyers Associates,  disclose  a currently pending customer dispute and a prior termination from employment. The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report…

[rexsecuritieslaw]

Edgar A. Thomas-Former Investors Capital Broker-Discloses Customer Dispute

Edgar A. Thomas-Former Investors Capital Broker-Discloses Customer Dispute

Lakeland, Florida

According to FINRA records, Edgar A. Thomas ,  a broker who is currently registered  with Calton & Assoc. , discloses a pending customer dispute.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory…

[rexsecuritieslaw]

Edgar A. Thomas-Former Investors Capital Broker-Discloses Customer Dispute

Edgar A. Thomas-Former Investors Capital Broker-Discloses Customer Dispute

Lakeland, Florida According to FINRA records, Edgar A. Thomas ,  a broker who is currently registered  with Calton & Assoc. , discloses a pending customer dispute. The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory…

[rexsecuritieslaw]

Richard L. Brown Indicted for Securities Fraud-Named in Churning Arbitration

Richard L. Brown Indicted for Securities Fraud-Named in Churning Arbitration

May 2016-Farmingdale, New York

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

[rexsecuritieslaw]

Richard L. Brown Indicted for Securities Fraud-Named in Churning Arbitration

Richard L. Brown Indicted for Securities Fraud-Named in Churning Arbitration

May 2016-Farmingdale, New York The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and…

[rexsecuritieslaw]

Laurence M. Torres Discloses Customer Arbitrations-Alexander Capital/First Standard Financial Stockbroker

Laurence M. Torres Discloses Customer Arbitrations-Alexander Capital/First Standard Financial Stockbroker

May 2016- Staten Island, NY

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

A…

[rexsecuritieslaw]

Laurence M. Torres Discloses Customer Arbitrations-Alexander Capital/First Standard Financial Stockbroker

Laurence M. Torres Discloses Customer Arbitrations-Alexander Capital/First Standard Financial Stockbroker

May 2016- Staten Island, NY The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.…

[rexsecuritieslaw]

Former Craig Scott Capital Broker Barred From Industry for Churning Customer Account

Former Craig Scott Capital Broker Barred From Industry for Churning Customer Account

November 13, 2015-Melville NY Rex Securities Law is investigating options for recovery for investors who suffered damages in brokerage accounts handled by Zachary T. Bader. Zachary Bader , entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that from February 2012-July 2013 he engaged in excessive trading in…