The securities law firm of Levin, Papantonio is investigating the management of portfolios at Brookstone Securities. There are indications that some accounts under the direction of former adviser, Peter Faggioni and others at Brookstone were unsuitable in relation to the risk tolerance of investors, while paying higher than expected commissions. Customers with little investment experience who were seeking stable investments were often sold highly risky investments. As a result, investors lost significant portions of their life savings.
Have you lost money as a result of investing with Brookstone Securities? If your portfolio is or was managed by Brookstone Securities, Peter Faggioni, or if you have seen a significant decline in value because of excessive commissions, contact Levin, Papantonio for an assessment of your potential claim. Our investment and stock broker fraud lawyers will evaluate your claim for free and help you get the justice you deserve.
LAFAYETTE — A group of Lafayette residents are seeking damages after a financial adviser allegedly guaranteed them huge returns on their savings, but instead lost millions of dollars in “extraordinarily risky” investments.
According to Forbes, Philip Falcone is No. 377 on the list of the 1%, worth $1.2 billion as of March 2013 as well as one of the Top 40 hedge fund managers in the U.S. Except that he won't be doing that anymore - for awhile, anyway.
Author and talk show host Thom Hartmann periodically suggests that it is a form of mental illness – a pathological condition.