Michael Grande, Formerly of Newbridge Securities, Subject of FINRA Complaint FORT LAUDERDALE, FLORIDA     Are you a former customer of Michael Grande, formerly with Newbridge Securities in Fort Lauderdale, Florida?  Our law firm is reviewing allegations made by FINRA against this advisor.  FINRA seeks to bar him from the securities brokerage industry in an April 2024 complaint because he failed to respond to a FINRA investigation. FINRA investigated Grande regarding allegations that he engaged in short-term trading of mutual funds in his customers’ accounts betwee ..read more

Brent Fuchs, with Lincoln Financial Advisors, Subject of Customer Complaints PRESTON, MARYLAND     Have you invested with Brent Fuchs from Preston, Maryland?  We are looking into complaints made by several customers who filed claims against his brokerage firm, Lincoln Financial Advisors.  The brokerage firm was named in a group claim by seven customers, all alleging that Fuchs sold them unsuitable oil and gas investments.  The oil and gas investment allegedly lost money, which led to the customers filing these complaints in FINRA arbitration. From 2000 to the ..read more

Kwame Adusei, Formerly with Morgan Stanley, Barred POUGHKEEPSIE, NEW YORK     Did you invest with Kwame Adusei in Poughkeepsie, New York? Israels & Neuman is reviewing allegations with respect to Kwame Adusei, who previously was licensed with Morgan Stanley.  He was expelled from the securities brokerage industry in March 2024 by FINRA after he failed to respond to FINRA’s investigation. In July 2023, Adusei was fired by Morgan Stanley regarding allegations that he made unauthorized transactions in a customer account and participated in an outside residential prope ..read more

Morgan Stanley Fires Advisor Joel Freedman CONSHOHOCKEN, PENNSYLVANIA     Are you a former customer of financial advisor Joel Freedman from West Conshohocken, Pennsylvania? The securities and investment fraud law firm of Israels & Neuman is reviewing allegations made against Joel Freedman, who was fired by his brokerage firm, Morgan Stanley in March 2024. The firm fired the advisor after it was alleged that he engaged in discretionary trading in a customer account without written authorization to do so.  Freedman also failed to timely notify Morgan Stanley of this ..read more

Michael Young, with Classic Asset Management, Subject of Customer Complaint FARGO, NORTH DAKOTA     Have you lost money with financial advisor Michael Young of Fargo, North Dakota?  Our law firm is looking into claims made by a customer of Young, who provided investment advisory services through Classic Asset Management.  According to the complaint, he was negligent in recommending leveraged ETFs and caused $130,000 in damages.  FINRA has previously warned about the dangers of using leveraged ETFs. Michael Young has been a financial advisor and registered rep ..read more

Former Ameriprise Financial Services Advisor Cynthia Beyerlein Suspended LANCASTER, PENNSYLVANIA     Have you invested with financial advisor Cynthia Beyerlein from Lancaster, Pennsylvania? She was suspended for eight months by FINRA.  FINRA began its investigation of Beyerlein after she was fired by her brokerage firm, Ameriprise Financial Services.  She was under internal investigation by Ameriprise Financial Services, regarding allegations that she borrowed $190,000 from a customer.  Financial advisors generally cannot borrow money from clients, with limit ..read more

Kyle Baker, Formerly with First Trust Portfolios, Barred from Securities Industry WHEATON, ILLINOIS     Are you a former client of Kyle Baker in Wheaton, Illinois? Israels & Neuman is looking into allegations against Baker, who previously worked with First Trust Portfolios.  In April 2024, Baker was barred from the securities industry by FINRA, according to FINRA’s Disciplinary Database.  The investigation started in January 2024, and Baker’s counsel informed FINRA that he would not appear for an on-the-record interview. Kyle Baker was registered with First Tr ..read more

Former Cantella & Co. advisor Robert Gleason Suspended OWENSBORO, KENTUCKY     Are you a former customer of stockbroker Robert Gleason Jr., formerly with Cantella & Co. in Owensboro, Kentucky?  Gleason, who was affiliated with Cantella & Co. from November 2016 to December 201, was under investigation by the Financial Industry Regulatory Authority (FINRA) for potentially violating FINRA’s Regulation Best Interest rule. According to the complaint, he violated Regulation Best Interest by excessively trading or churning a customer’s account.  The customer ..read more

Warrant Issued for Former Royal Fund Management Advisor William Berg WAUKEE, IOWA     Did you invest with William Berg, also known as Bill Berg, formerly with Royal Fund Management?  The securities and investment fraud law firm of Israels & Neuman is looking into allegations made against this advisor.  In March 2024, a federal arrest warrant was issued for Berg, who was from Waukee, Iowa.  He allegedly defrauded clients out of more than $1.5 million.  It was alleged that instead of investing the money on behalf of clients, he took the money for perso ..read more

Paul Trimber, Formerly with Wells Fargo, Barred ALEXANDRIA, VIRGINIA     Did you invest with Paul Trimber in Alexandria, Virginia? The securities and investment fraud law firm of Israels & Neuman is investigating claims made against this advisor, who previously worked with Wells Fargo.  He was recently expelled from the securities brokerage industry by FINRA after he failed to respond to FINRA’s investigation. The investigation began when Trimber was fired by his brokerage firm in February 2024.  He was fired regarding allegations that he admittedly made unaut ..read more