SEC fines UBS – Sonn|Erez investigating UBS’ sale of reverse convertible notes

Categories: Reverse Convertible Notes

  The law firm of Sonn|Erez is investigating UBS financial advisors’ sale of complex derivative investments known as “reverse convertible notes.” The Securities and Exchange Commission (“SEC”) recently sanctioned UBS for failing to adequately supervise its employees in connection with the sale of reverse convertible notes.   The SEC’s order finds that UBS failed reasonably to…

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Sonn | Erez Investigating Claims Related to Sale of Investments in Odebrecht Oil & Gas

Categories: Energy Sector Losses

Sonn | Erez is investigating claims involving the sale of investments in the privately owned Brazilian energy company Odebrecht Óleo e Gás S.A. (Odebrecht Oil & Gas), a subsidiary of the Brazilian construction and chemical conglomerate Odebrecht Organization. In 2013, Odebrecht Oil & Gas established a Cayman Islands subsidiary called Odebrecht Offshore Drilling Finance Ltd….

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Sonn|Erez, PLC Investigation into Steven M. Wyatt Formerly of Morgan Stanley

Categories: Uncategorized

Sonn|Erez is investigating claims related to former broker Steven M. Wyatt (CRD#2522129). Wyatt was most recently associated with Morgan Stanley Smith Barney and Morgan Stanley & Co. (collectively referred to as “Morgan Stanley”) in Ridgeland, Mississippi having worked there from December 2007 through July 2012. Prior to joining Morgan Stanley, Wyatt was associated with Citigroup…

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Sonn|Erez Investigating Claims Related to Cetera Financial Advisor George Merhoff’s Sale of Energy Sector Investments

Categories: AmeriGas Partners L.P.

Sonn|Erez is investigating claims related to Cetera Advisors LLC financial advisor George C. Merhoff, Jr. in connection with the sale of investments in oil and gas companies. Merhoff is a financial advisor based out of Klamath Falls, Oregon. Since 2015, Merhoff has been the subject of at least 10 customer complaints and/or FINRA arbitration claims…

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Update on Paul Blum Investigation

Categories: Energy Sector Losses

Sonn|Erez is continuing their ongoing investigation into claims related to former broker Paul Vincent Blum (CRD#735003). Blum was most recently associated with RBC Capital Markets, LLC (“RBC”) in West Palm Beach, Florida having worked there from October 2009 through November 2015. Prior to joining RBC, Blum was associated with J.B. Hanauer & Co. from February…

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Sonn|Erez Represents Another Former Customer of Morgan Stanley Financial Advisor Angel Aquino-Velez

Categories: Angel Aquino-Velez

            Sonn|Erez was recently retained to represent investors in a second FINRA Arbitration claim against Morgan Stanley Smith Barney (“Morgan Stanley”) on behalf of elderly customers of Morgan Stanley Financial Advisor Angel Aquino-Velez, whose portfolio was dangerously concentrated in Puerto Rico bonds. This is the second such case where Sonn|Erez has been retained to represent customers…

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