Richard MatoffPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on February 21, 2018 indicate that Washington-based Cetera Advisors broker/adviser Richard Matoff has been involved in resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Matoff (CRD# 322918).

Richard Matoff has spent 35 years in the securities industry and has been registered with Cetera Advisors in Redmond, Washington since 2012. Previous registrations include Pacific West Securities in Renton, Washington (2008-2012); Geneos Wealth Management in Kirkland, Washington (2006-2008); Securities America in Spokane, Washington (1998-2006); Financial Network Investment Corporation in El Segundo, California (1995-1998); United California Securities in Encino, California (1990-1995); Smith Barney Harris Upham & Company in New York, New York (1989-1990); Sutro & Company in San Francisco, California (1987-1989); Drexel Burnham Lambert (1984-1987); Becker Paribas (1984); and Oppenheimer & Company (1981-1984). He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 28, 1994; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 20, 1983; and Series 1 (Registered Representative Examination), which he obtained on September 15, 1981. He is a registered broker and investment adviser with eight US states and territories: Arizona, California, Florida, Idaho, Kentucky, Oregon, Texas, and Washington.

According to his BrokerCheck report, he has received two customer complaints and one pending customer complaint.

Gerard Armstrong

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 21, 2018 indicate that Oklahoma-based Morgan Stanley broker/adviser Gerard Armstrong, also known as Gerry Armstrong, is involved in a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Armstrong (CRD# 1340016).

Gerard Armstrong has spent 32 years in the securities industry and has been registered with Morgan Stanley in Oklahoma City, Oklahoma since 2009. Previous registrations include Morgan Stanley & Company in Lawton, Oklahoma (2007-2009); Morgan Stanley DW in Lawton, Oklahoma (1997-2007); Link Investment Services (1995-1997); and Stifel Nicolaus & Company in St. Louis, Missouri (1985-1995). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on February 8, 2000; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on March 15, 1985; Series 7 (General Securities Representative Examination), which he obtained on February 16, 1985; Series 8 (General Securities Sales Supervisor Examination [Options Module & General Module]), which he obtained on February 23, 1998; and Series 24 (General Securities Principal Examination), which he obtained on April 19, 1995. He is a registered broker and investment adviser with 32 US states and territories and with four self-regulatory organizations (SROs): FINRA, NYSE American LLC, the Nasdaq Stock Market, and the New York Stock Exchange.

According to his BrokerCheck report, he has received one pending customer complaint.

Thomas RiquierPublic records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 21, 2018 indicate that Massachusetts-based United Planners’ Financial Services of America broker/adviser Thomas Riquier has received customer disputes and a pending regulatory complaint. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Riquier (CRD# 400088).

Thomas Riquier has spent 44 years in the securities industry and has been registered with United Planners’ Financial Services of America in Danvers, Massachusetts since 1992. Previous registrations include New England Securities in New York, New York (1994-2001); Main Street Management Company in Boston, Massachusetts (1985-1991); MHA Financial Corporation (1981-1985); and NEL Equity Services Corporation (1972-1981). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 25, 1990, and Series 1 (Registered Representative Examination), which he obtained on January 25, 1972. He is a registered broker and investment adviser with 17 US states and territories: Arizona, California, Colorado, Connecticut, Florida, Georgia, Maine, Maryland, Massachusetts, Montana, Nevada, New Hampshire, New Jersey, New York, South Carolina, Virginia, and Washington.

According to his BrokerCheck report, he has received three customer complaints and one pending complaint by state regulatory authorities.

Jason UrbaniakPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on February 21, 2018 indicate that Indiana-based LPL Financial broker/adviser Jason Urbaniak has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Urbaniak (CRD# 2834829).

Jason Urbaniak has spent 15 years in the securities industry and has been registered with LPL Financial in Crown Point, Indiana since February 2018. Previously he was registered with SII Investments in Crown Point, Indiana. He has passed three securities industry examinations: Series 65 (Uniform Combined State Law Examination), which he obtained on July 31, 2002; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 30, 1997; and Series 7 (General Securities Representative Examination), which he obtained on July 24, 2002. He is a registered broker and investment adviser with 16 US states and territories: Arizona, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Massachusetts, Michigan, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, and South Dakota.

According to his BrokerCheck report, he has received one pending customer complaint.

Robert Gunning

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 21, 2017 indicate that California-based Principal Securities broker/adviser Robert Gunning was recently discharged from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Gunning (CRD# 1782016).

Robert Gunning has spent 30 years in the securities industry and was most recently registered with Principal Securities in Fresno, California (2010-2018). Previous registrations include Wedbush Morgan Securities in Fresno, California (2009-2010); UBS Financial Services in Fresno, California (2003-2009); Citigroup Global Markets in New York, New York (1993-2003); Lehman Brothers in New York, New York (1992-1993); and Painewebber in Weehawken, New Jersey (1988-1992). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on November 25, 1991; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 29, 1987; Series 3 (National Commodity Futures Examination), which he obtained on December 13, 1996; Series 7 (General Securities Representative Examination), which he obtained on December 12, 1987; and Series 8 (General Securities Sales Supervisor Examination [Options Module & General Module]), which he obtained on December 20, 1994. He is currently not registered with any state, firm, or self-regulatory organization (SRO).

According to his BrokerCheck report, he has received two denied customer complaints and was discharged from his former employer in connection to alleged rule violations.

Ballard Power SystemsPublicly available records indicate that a class action lawsuit has been filed on behalf of investors in Ballard Power Systems (NASDAQ: BLDP) in connection to alleged violations of securities laws by BLDP. Fitapelli Kurta is interested in speaking to investors who have complaints regarding investments made in Ballard Power Systems from September 30, 2016 until January 25, 2018.

The class action complaint specifically alleges that during the period in question, BLDP might have provided false and/or misleading material information, and/or failed to disclose adverse material information, namely: that the company made overstatements regarding the operations of Broad Ocean and Synergy, its partners based in China; that there are no bus lines operating in Yunfi and Sanshui; that no demonstration lines are running in Guangdong; that Ballard indicated Foshan produced more buses than it had; that of the buses Foshan produced, only eleven had licenses; and that consequently the company’s statements to the public during the relevant period were false and misleading. When Spruce Point Capital Management released a report on January 25, 2018 stating that Ballard made overstatements regarding Broad Ocean and Synergy JV—a report that also stated, among other things, “there are no demonstration lines operating in Guangdong and that no bus lines are in service in Sanshui or Yunfu,” contradicting the company’s statements—BLDP declined more than 13%, or $0.52/share, closing at $3.27/share on that day. The complaint alleges that when true facts came to light, investors suffered losses.

According to the company’s website, Ballard Power Systems is an energy company whose description whose vision is to be “the leading global provider of innovative clean energy solutions offering superior performance at a reduced operating cost.” Operating around the world, Ballard develops zero-emission fuel cells and related clean energy systems. The company trades on the Nasdaq exchange under the symbol BLDP.

Aerohive Networks

Publicly available records indicate that a class action lawsuit has been filed on behalf of investors in Aerohive Networks (NYSE: HIVE) in connection to alleged violations of securities laws by HIVE. Fitapelli Kurta is interested in speaking to investors who have complaints regarding investments made in Aerohive Networks from November 1, 2017 until January 16, 2018.

The class action complaint specifically alleges that during the period in question, HIVE might have provided false and/or misleading material information, and/or failed to disclose adverse material information, chiefly: that the company uncovered sales execution concerns at the end of Q3 2017; that as a result of these issues, the company overstated its sales guidance for Q4 2017; and that consequently the company’s statements to the public during the relevant period were false and misleading. When the company disclosed on January 16, 2018, that its expected revenue for Q4 2017 would only be $37 million, as opposed to the $40-42 million it had projected in November 2017, HIVE declined approximately 29%, closing at $4.07/share on the following day. The company announced in a February 8, 2018 conference call that the accurate financial forecasting was a “pretty serious execution problem” for Aerohive, and said further that it had used optimistic evaluations of deals-in-progress whose close dates it had failed to effectively predict. The complaint alleges that when these facts came to light, investors suffered losses.

According to the company’s website, Aerohive Networks is an enterprise cloud networking company. Its “solutions enable enterprises to leverage the power of mobility to increase productivity, engage customers and grow their business,” according to its website, and its proprietary mobility platform uses the cloud to deliver cost-effective, simple, intelligent networks for enterprise use. It trades on the New York Stock Exchange under the symbol HIVE.

Vodafone Group Public Company Publicly available records indicate that a class action lawsuit has been filed on behalf of investors in Vodafone Group Public Company (NASDAQGS: VOD) in connection to alleged violations of securities laws by VOD. Fitapelli Kurta is interested in speaking to investors who have complaints regarding investments made in Vodafone Group Public Company from February 1, 2015 until January 11, 2018.

The class action complaint specifically alleges that during the period in question, VOD might have provided false and/or misleading material information, and/or failed to disclose adverse material information, chiefly: that the company violated Australian laws when it allowed customers to buy prepaid phones without prior verification of their identities; and that consequently the company’s statements to the public were false and misleading during the relevant period. When the Australian Communications and Media Authority announced on January 10, 2018 that an investigation into Vodafone Australia found that the company “failed to verify the identity of at least 1,028 customers before activating their prepaid mobile services,” Vodafone ADRs declined from a 1/9/2018 closing price of $32.60 to a 1/11/2018 closing price of $31.44. The complaint alleges that when true facts emerged, investors suffered losses.

According to the company’s website, Vodafone Group Public Company is an international telecommunications company headquartered in London. It was founded in January 1985 and today serves more than 400 million customers, according to that description. It trades on the NASDAQ Global Select Market under the symbol VOD.

General Electric Company

Publicly available records indicate that a class action lawsuit has been filed on behalf of investors in General Electric Company (NYSE:GE) in connection to alleged violations of securities laws by GE. Fitapelli Kurta is interested in speaking to investors who have complaints regarding investments made in General Electric Company between February 26, 2013 and January 12, 2018.

The class action complaint specifically alleges that during the period in question, GE might have provided false and/or misleading material information, and/or failed to disclose adverse material information to the public, namely: the company failed to distribute adequate reserves regarding certain premium deficiencies and related risks connected to its legacy reinsurance business; that the aforementioned risks resulted in the company accumulating billions of dollars’ worth of impairment charges which were not reported; that the company’s value was overstated during this period; that there were more necessary impairments which had not been disclosed; and that consequently the company’s statements to the public during the relevant period were false and misleading. When the company’s then-CFO informed investors on July 21, 2017 that the company recently “had adverse claims experience in a portion of our long-term care portfolio and we will assess the adequacy of our premium returns,” GE declined 2.92%, or $0.78 in value, closing at $25.91 on that day.

When investors were informed, on October 20, 2017, that the company “recently observed elevated claims experience for a portion of the long-term care book at GE Capital’s legacy insurance business,” and had begun reviewing third quarter premium deficiency assumptions, GE declined approximately 6.28%, or $1.48, reaching a low of $22.10 on that day, though later comments by GE’s CEO led to a rise of $0.25. A few months later, on January 16, 2018, the company announced that the review and reserve testing for GE Capital’s runoff insurance portfolio “will result in an after-tax GAAP charge of $6.2 billion for the fourth quarter of 2017.” The company also informed investors that GE Capital anticipated making “statutory reserve contributions of ~$15 billion over seven years” and that it would suspend its dividend GE for an unspecified duration. After this news was announced, GE declined 7.62%, or $1.43, across two trading sessions, closing at $17.33 on the following day, January 17, 2018.

Xunlei Limited

Publicly available records indicate that a class action lawsuit has been filed on behalf of investors in Xunlei Limited (NYSE: XNET) in connection to alleged violations of securities laws by XNET. Fitapelli Kurta is interested in speaking to investors who have complaints regarding investments made in Xunlei Limited from October 10, 2017 until January 11, 2018.

The class action complaint specifically alleges that during the period in question, XNET might have provided false and/or misleading material information, and/or failed to disclose adverse material information, chiefly: that the company had participated in financial activities that were not lawful; that OneCoin, which the company had promoted as a cryptocoin based on a private blockchain, was an Initial coin offering in disguise; that the company was unlawfully promoting an Initial Miner Offering; and that consequently the company’s statements about its operations, business and prospects were false and misleading. The complaint alleges that when true details emerged, investors suffered losses.

According to the company’s website, Xunlei Limited is a “cloud-based acceleration technology” company headquartered in China. The company’s cloud platform provides users “with quick and easy access to digital media content through its core products and services, Xunlei Accelerator and the cloud acceleration subscription services.” It is also expanding into mobile device technology partially through “potentially pre-installed acceleration products in mobile phones.” It trades on the Nasdaq exchange under the symbol XNET.

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