Western International Securities

Western International Securities Reg BI Violations

The U.S. Securities and Exchange Commission (SEC) has spotlighted significant concerns within the financial industry, casting a shadow over Western International Securities and a handful of its brokers.

The allegation involves an alleged breach of Regulation Best Interest (Reg BI) involving the sale of GWG L Bonds, amounting to...

Continue reading…
Cynthia (Cindy) Couyoumjian

The Case of Cynthia (Cindy) Couyoumjian and Investor Complaints

The financial advisory landscape is fraught with complexities and challenges, particularly for investors navigating the myriad of investment options available. In the spotlight is Cynthia Couyoumjian, a Tustin, California-based financial advisor with a history of investor complaints alleging the recommendation of unsuitable investments. This blog post delves into the details surrounding these...

Continue reading…
Former Osaic Advisor Barred

Former Osaic Advisor Barred by FINRA

A former veteran financial consultant with an extensive tenure at SagePoint Financial Inc., now known as Osaic Wealth Inc., was recently permanently excluded from the sector. This decision came after the consultant was let go by Osaic in December due to alleged violations of industry norms related to the sale of promissory...

Continue reading…
attorneys going over lawsuit

Reif Law Group, P.C. Is Investigating Morgan Stanley’s Promissory Note Loan Practices in California and Nevada

Morgan Stanley Smith Barney FA Notes Holding Holdings LLC (MSSBFAN), a subsidiary of Morgan Stanley & Co., Inc., and an affiliate of Morgan Stanley Smith Barney LLC (MSSB) and Morgan Stanley Smith Barney Financing LLC (MSSBF) (collectively, Morgan Stanley) offered promissory note loans to employees and prospective employees as an inducement to...

Continue reading…
stockbroker checking laptop

Reif Law Group, P.C. Investigating Sale Practices and Ongoing Management Claims Against Vereit Inc. Regarding The Shoppes at North Village (SJMO)

Reif Law Group., P.C., is investigating claims of breach of financial duty, financial elder abuse, constructive fraud, breach of contract, and unfair business practice claims against Vereit, Inc., formerly known as American Realty Capital Partners, and formerly known as Cole Capital Partners, LLC, plus Vereit Operating Partnership, L.P. (collectively, Vereit), EFA Asset...

Continue reading…