Kurta Law, a national securities law firm, is often consulted by investors who have suffered losses after placing trust in financial professionals. In a recent case, a financial advisor affiliated with an independent broker-dealer is alleged to have engaged in “selling away”—a practice that has cost investors across the United States billions each year. While […]

Abacus Investments and its long-time advisor, Fred Hohensee, are at the center of a regulatory case out of Wisconsin that underscores critical lessons for investors and financial professionals alike. With a career spanning four decades and a reputation, until recently, unmarred by customer complaints or regulatory actions, Fred Hohensee (CRD# 1431948) found himself facing suspension,

Abacus Investments and advisor Fred Hohensee have recently come under regulatory scrutiny, highlighting persistent concerns in the financial industry about product suitability and the dangers of self-dealing. Based in Oconomowoc, Wisconsin, Fred Hohensee has spent four decades advising clients, mostly serving as a broker with Abacus Investments since 1994 and maintaining a parallel advisory registration

Pinnacle Wealth Management and its former advisor, Michael Thompson, have become the focus of growing concern in the financial industry after Thompson was implicated in an extensive securities fraud case. The case, which spanned roughly 18 months, resulted in estimated investor losses exceeding $2.3 million. This alarming development underscores persistent vulnerabilities in investor protection and

LPL Financial, operating under the business name LifePoint Wealth Management in Torrance, California, is currently facing scrutiny in connection with a pending investor file a FINRA complaint against one of its financial advisors, Rod Uy (CRD# 4945992). As of February 2026, a client has raised allegations against Mr. Uy, claiming misrepresentation of material facts resulting

LPL Financial advisor Rod Uy, based in Torrance, California, is no stranger to years of serving clients in the competitive world of wealth management. With a career spanning two decades and a reputation built on servicing clients through LifePoint Wealth Management, Mr. Uy now finds himself navigating turbulent waters: a pending $750,000 investor file a

Meridian Wealth Partners and former advisor Michael Richardson are at the center of a major securities fraud case that has reverberated throughout the investment community, bringing renewed attention to the importance of investor protection and rigorous broker oversight. Major Securities Fraud Case Rocks Investment Community Authorities allege that Michael Richardson, while employed by Meridian Wealth

McDermott Investment Services and its advisor, James Poindexter, have recently come under scrutiny in the world of financial advice. Based in Prescott, Arizona, James Poindexter (CRD# 1867899) is currently facing a serious investor file a FINRA complaint that alleges a loss of $624,000 related to Delaware Statutory Trusts (DSTs). While headlines around such cases can

McDermott Investment Services and James Poindexter—an advisor known in Prescott, Arizona, as The Financial Coach—are now at the intersection of trust and turbulence. With more than three decades of experience in the financial advice industry, James Poindexter (CRD# 1867899) has maintained a remarkably clean regulatory record. Yet, even a single investor file a FINRA complaint