Mike FrewNews reports and publicly available records provided by the Financial Industry Regulatory Authority (FINRA), accessed on August 9, 2018, indicate that former Wells Fargo Advisors broker/adviser Mike Frew, who has been sanctioned by FINRA and barred from acting as a broker, was recently arrested in connection with an alleged Ponzi scheme. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Frew (CRD# 812805).

Mike Frew has spent 38 years in the securities industry and was most recently registered with Wells Fargo Advisors in San Francisco, California (2003-2014). Previous registrations include Prudential Securities in New York, New York (1988-2003); Shearson Lehman Hutton (1988); and EF Hutton & Company (1975-1988). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on August 24, 1994; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on March 24, 1981; PC (AMEX Put and Call Exam), which he obtained on August 31, 1977; and Series 7 (General Securities Representative Examination), which he obtained on September 20, 1975. He is currently not registered with any state or firm.

According to his BrokerCheck report, Mike Frew has received nine customer complaints and two regulatory sanctions.

1st Global Capital

News reports and publicly available records provided by the US courts indicate that 1st Global Capital and 1 West Capital filed for bankruptcy in July 2018 amid investigations by the Securities and Exchange Commission and the US Attorneys’ Office into an alleged $283 million loan fraud. Fitapelli Kurta is interested in hearing from investors whose brokers solicited investments in 1 Global Capital or 1 West Capital. Investors may have claims for fraud, unsuitable or negligence and may be able to recover damages.

According to Investment News, “unsecured, short-term commercial financing,” according to a filing in the United States Bankruptcy Court for the Southern District of Florida, Fort Lauderdale Division. The company has served business in industries including “automotive, construction, e-commerce, events, franchise, hospitality, healthcare, manufacturing, retail, restaurant/bar, spa/salon, and transportation.” Its platform can provide up to $500,000 for working capital, which loan recipients can repay through “daily, weekly or other periodic automated clearing house transactions or merchant credit card receivable splits.” It also provides collateral-based funding and accounts-receivable funding services.

The court filing states further that before the bankruptcy filings were made, the SEC launched an investigation into alleged “possible securities law violations” by the company, including allegations that it: offered and sold unregistered securities, sold securities by unregistered brokers, and committed fraud in connection with the offer, purchase and sale of securities. Roughly concurrently, according to that filing, the Office of the United States Attorney for the Southern District of Florida launched an investigation into the same and additional activities the company participated in. The company is reportedly cooperating with both investigations. In response to the investigations, it has reportedly seen the resignation of two of its executives, Carl Ruderman and Steven A. Schwartz.

David BarberPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on August 7, 2018 indicate that former California-based Madison Avenue Securities broker David Barber, who was received resolved or pending customer disputes, was recently sanctioned by FINRA in connection to alleged rule violations and barred from acting as a broker or otherwise associating with a broker-dealer firm. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Barber (CRD# 1165082).

David Barber has spent 31 years in the securities industry and was most recently registered with Madison Avenue Securities in San Diego, California (2015-2018). Previous registrations include First Midwest Securities in Newport Beach, California (2011-2015); Raymond James & Associates in Newport Beach, California (2007-2011); RBC Dain Rauscher in Newport Beach, California (2002-2007); Sutro & Company in San Francisco, California (1999-2002); Crowell Weedon & Company in Los Angeles, California (1987-1994); and Birr Wilson Securities (1986-1987). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on May 1, 1995, and Series 7 (General Securities Representative Examination), which he obtained on July 19, 1986. He is currently not registered with any state or firm.

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

Lloyd Johnston

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on August 7, 2018 indicate that former Washington-based Capital Financial Services broker/adviser Lloyd Johnston, who has received a pending customer dispute, was recently sanctioned by FINRA in connection to alleged rule violations and suspended from acting as a broker. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Johnston (CRD# 1626695).

Lloyd Johnston has spent 27 years in the securities industry and was most recently registered with Capital Financial Services in Spokane, Washington (2006-2018). Previous registrations include Legacy Financial Services in Clinton, Maryland (2004-2006); Investors Capital Corporation in Lynnfield, Massachusetts (1996-2004); Intersecurities in St. Petersburg, Florida (1992-1993); and Pruco Securities Corporation in Newark, New Jersey (1987-1992). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on May 29, 1998; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 19, 1996; Series 7 (General Securities Representative Examination), which he obtained on July 25, 1997; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on February 23, 1987; and Series 26 (Investment Company Products/Variable Contracts Principal Examination), which he obtained on April 30, 1996. He is currently not registered with any state or firm.

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

Rajesh Gupta

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on July 24, 2018 indicate that former Illinois-based Morgan Stanley broker/adviser Rajesh Gupta, who has received a customer dispute, recently resigned 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. Gupta (CRD# 2071729).

Rajesh Gupta has spent eleven years in the securities industry and was most recently registered with Morgan Stanley in Naperville, Illinois (2013-2017). Previous registrations include JP Morgan Securities in Naperville, Illinois (2008-2013) and Wachovia Securities in Naperville, Illinois (2005-2008). He has passed three securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on October 12, 2005; Series 7 (General Securities Representative Examination), which he obtained on September 7, 2005; and Series 3 (National Commodity Futures Examination), which he obtained on September 11, 1990. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received one customer complaint and recently resigned from his former employer.

Laurence KnowltonPublic records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on July 24, 2018 indicate that Massachusetts-based UBS Financial Services broker Laurence Knowlton has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Knowlton (CRD# 1383052).

Laurence Knowlton has spent 33 years in the securities industry and has been registered with UBS Financial Services in Boston, Massachusetts since 1995. Previous registrations include Kidder Peabody & Company in New York, New York (1993-1995) and Lehman Brothers in New York, New York (1985-1993). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 31, 1995; Series 3 (National Commodity Futures Examination), which he obtained on September 3, 1995; and Series 7 (General Securities Representative Examination), which he obtained on July 20, 1985. He is a registered broker with 34 US states and territories.

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

Paul RutkowskiPublic records published by the Financial Industry Regulatory Authority (FINRA) and accessed on July 24, 2018 indicate that Arizona-based AXA Advisors broker/adviser Paul Rutkowski has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Rutkowski (CRD# 1930617).

Paul Rutwowski has spent 29 years in the securities industry and has been registered with AXA Advisors in Scottsdale, Arizona since 2011. Previous registrations include Merrill Lynch in Phoenix, Arizona (2009-2011); Banc of America Investment Services in Scottsdale, Arizona (2007-2009); Citigroup Global Markets in Scottsdale, Arizona (2003-2007); UBS Financial Services in Weehawken, New Jersey (1999-2003); and Merrill Lynch in New York, New York (1989-1999). He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on January 14, 2008; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 25, 1989; and Series 7 (General Securities Representative Examination), which he obtained on April 15, 1989. He is a registered broker and investment adviser with 23 US states and territories: Arizona, California, Colorado, Connecticut, Florida, Idaho, Illinois, Indiana, Maryland, Massachusetts, Montana, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, South Carolina, Texas, and Utah.

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

William KaczmarekPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on July 19, 2018 indicate that former Wisconsin-based Questar Capital Corporation broker/adviser William Kaczmarek has been named in an investigation by state regulatory authorities into alleged rule violations. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Kaczmarek (CRD# 1434947).

William Kaczmarek has spent 32 years in the securities industry and was most recently registered with Questar Capital Corporation in Delavan, Wisconsin (2013-2018). Previous registrations include Cetera Advisor Networks in Delavan, Wisconsin (2010-2013); Ameritas Investment Corporation in Elkhorn, Wisconsin (2008-2010); ING Financial Partners in Elkhorn, Wisconsin (2002-2008); New England Securities in New York, New York (2000-2002); Financial Network Investment Corporation in El Segundo, California (1999-2000); SII Investments in Appleton, Wisconsin (1998-1999); H. Beck in Bethesda, Maryland (1998); Harbour Investments in Madison, Wisconsin (1997); WMA Securities in Duluth, Georgia (1994-1997); Harbour Investments in Madison, Wisconsin (1994); Wellington Investment Services Corporation in Brookfield, Wisconsin (1990-1994); and Pruco Securities Corporation in Newark, New Jersey (1985-1990). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on January 14, 1999; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 21, 1986; Series 7 (General Securities Representative Examination), which he obtained on August 9, 1993; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on December 6, 1985; and Series 24 (General Securities Principal Examination), which he obtained on February 14, 1997. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has been named in an investigation by state regulatory authorities and has received three denied customer complaints.

Luis Marquez

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on July 19, 2018 indicate that New York-based Laidlaw & Company broker Luis Marquez has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Marquez (CRD# 2740741).

Luis Marquez has spent 20 years in the securities industry and has been registered with Laidlaw & Company in Boca Raton, Florida since 2013. Previous registrations include Dawson James Securities in Boca Raton, Florida (2006-2013); Capital Growth Financial in Boca Raton, Florida (2005-2006); SW Bach & Company in Port Washington, New York (2004-2005); Gilford Securities in New York, New York (2001-2004); First Union Securities Financial Network in St. Louis, Missouri (2001); JWGenesis Securities in Boca Raton, Florida (1998-2001); National Securities Corporation in Seattle, Washington (1998); and the Boston Group in Los Angeles, California (1998). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on February 6, 1998, and Series 7 (General Securities Representative Examination), which he obtained on November 22, 1997. He is a registered broker with 20 US states: California, Colorado, Florida, Georgia, Illinois, Iowa, Kentucky, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Texas, Virginia, West Virginia, and Wisconsin.

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

Jonathan Ebel

Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on July 18, 2018 indicate that New York-based Laidlaw & Company broker Jonathan Ebel has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Ebel (CRD# 5902719).

Jonathan Ebel has spent seven years in the securities industry and has been registered with Laidlaw & Company in Melville, New York since 2015. Previous registrations include Rockwell Global Capital in Melville, New York (2012-2015) and EKN Financial Services in Melville, New York (2011-2012). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 27, 2011, and Series 7 (General Securities Representative Examination), which he obtained on July 8, 2011. He is a registered broker with 38 US states and territories.

According to his BrokerCheck report, he has received one pending customer complaint and one unsatisfied tax lien.

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