Investment scam: LPL Financial

Israels & Neuman Law Firm files FINRA Arbitration Claim Against National Planning Corp. Regarding its Former Advisor, William Glaser

St. Louis, Missouri

 

FOR IMMEDIATE RELEASE Israels & Neuman, PLC announces that it has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against National Planning Corp. on behalf of an aggrieved investor.  The arbitration claim or complaint was filed in St. Louis, Missouri.

 

The claim alleges that the investor’s accounts were serviced by one of National Planning Corp.’s former advisors in the St. Louis area, William A. Glaser.  The claim alleges that Bill Glaser recommended that this elderly investor invest money in a purported real estate investment with Everett Builders.  Everett Builders was run by a man named Paul Creager.

 

The claim further alleges that the money was simply part of a Ponzi scheme run by Creager, and that Glaser failed to adequately disclose the risks of investing in Everett Builders to the investor.  The claim also alleges that National Planning Corp. failed to adequately supervise William Glaser and these transactions.

 

Since the claim was filed, multiple news sources in St. Louis have covered stories about this case, including:

 

  1. The St. Louis Post Dispatch (written by Robert Patrick) – http://www.stltoday.com/business/local/navy-veteran-loses-after-broker-convinces-him-to-lend-life/article_5c0b8660-c19a-5ea8-829a-216421e6730f.html; and
  2. KSDK Channel 5 NBC News (written by Casey Nolen) – http://www.ksdk.com/news/local/navy-veteran-scammed-out-of-life-savings/456651408

 

Attorney David Neuman, who represents the investor, was quoted in both stories.  Since the filing of this complaint, William Glaser was terminated by National Planning Corp.  Moreover, William Glaser is believed to be under investigation by multiple regulators, including the FBI and FINRA (the Financial Industry Regulatory Authority).

 

As of July 13, 2017, Israels & Neuman is the only law firm that has filed a claim or complaint related to William Glaser and his recommendations to invest in Everett Builders and Paul Creager.

 

Israels & Neuman, PLC is a securities arbitration and investment fraud law firm with offices in Denver; Ann Arbor, Michigan; and the Seattle area and has litigated numerous cases St. Louis, Missouri.  Its attorneys have represented over 1,000 investors in cases to recover investment losses due to the actions or inactions of their advisor or brokerage firm, including previous cases against National Planning Corp.  All of the firm’s arbitration cases are taken on a contingent fee basis, meaning you do not pay unless money is recovered for you.

 

If you have lost money investing with WILLIAM GLASER or NATIONAL PLANNING CORP., please call us for a Free evaluation of your case.  Our attorneys will personally discuss all of your rights as an investor and the remedies you have related to your losses.

For more information, call 720-599-3505, or visit www.israelsneuman.com.