Our client, an unsophisticated, elderly, widowed investor, lost in excess of $150,000 in her investment accounts in a nine-month period in 2015 as a direct result of her unsupervised Wells Fargo financial advisor’s excessive trading and unsuitable investments.

An unsupervised PCNI financial advisor allegedly perpetrated an ongoing fraud on his wealthy but unsophisticated 80 year-old client by inappropriately recommending more than $22 million in 17 annuity products, earning himself and his brokerage approximately $1 million in ill-gotten commissions.

Over a period of several years, a Morgan Stanley financial advisor who managed our client's family trust accounts allegedly repeatedly mislead our client into believing she was receiving the same discounted fee and commission arrangement as her family on her individual investment accounts.

Elderly investors victimized by unauthorized trading and excessive risk in energy and heavy metal securities as well as low grade investment bonds.

Green, Schafle & Gibbs is pleased to announce the favorable resolution of a case involving two aging Pennsylvanians whose broker allegedly engaged in unsuitable investments and excessive risk in their retirement savings' accounts.

On behalf of a couple who had suffered mismanagement and lack of supervision in their investment accounts, Green, Schafle & Gibbs settled for a substantial proportion of their losses.