The investment fraud lawyers at Meyer Wilson successfully represented two investors at FINRA arbitration. Primesolutions Securities, Inc. and owner Victor L. Bull were ordered to pay full damages for losses caused by a Ponzi scheme.
A FINRA arbitration panel in Cleveland, Ohio ordered Primesolutions Securities, Inc. and owner/president Victor L. Bull to pay full damages and costs in excess of $100,000 to two investors who were represented by Meyer Wilson (FINRA Case ID 14-01186). The decision was unanimous. Our clients are a husband and wife who lost approximately $92,500 investing in KGTA Petroleum, an investment recommended to them by Primesolutions broker Jerry Cicolani. The couple alleged that Cicolani did so without disclosing or getting approval from Primesolutions.
For more on this story and how our securities fraud lawyers were able to win a full recovery for our clients, visit Meyer Wilson In the News.