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.