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  • Pacific Life Insurance Photo
    Vernon Litigation Group Files Claims Against Pacific Life Insurance Company in Connection with PDX IUL Policies
    • Date:
    • By: Pacific Life Insurance
    The lawsuit alleges that Pacific Life misled the insureds in connection with promoting and selling indexed universal life (“IUL”) insurance policies known as the “Pacific Discovery Xelerator IUL Policy” (“PDX Policies”). The lawsuit goes on to allege that, because of Pacific Life’s deceptive conduct (and the onerous surrender terms that make it hard to cancel the policies), purchasers of PDX Policies are forced to pay hidden costs which drag down policy values.
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  • Wells Fargo Photo
    Vernon Litigation files Multi-Million dollar FINRA arbitration claim against both LPL and Wells Fargo
    • Date:
    • By: Wells Fargo

    Vernon Litigation and Attorney Kristian Kraszewski filed a multi-million dollar FINRA arbitration claim earlier this month. The claim was filed against LPL Financial, LLC and Wells Fargo Clearing Services, LLC and alleges that an Illinois based registered representative was not properly supervised and, as a result, engaged in wrongdoing that caused millions of dollars in damages. According to the claim, the activity of the registered representative included inappropriate options trading, overconcentrated stock positions, and inappropriate movement of money between accounts.

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  • FINRA Photo
    Vernon Litigation files Multi-Million dollar FINRA arbitration claim involving Financial Advisor Richard Allen Ceffalio, Jr.
    • Date:
    • By: FINRA

    Vernon Litigation and Attorney Kristian Kraszewski filed a multi-million dollar FINRA arbitration claim today. The claim was filed against LPL Financial, LLC and Wells Fargo Clearing Services, LLC and alleges that Chicago based registered representative Richard Allen Ceffalio Jr. (CRD#2619565) was not properly supervised and, as a result, engaged in wrongdoing that caused millions of dollars in damages. According to the claim, the activity of Ceffalio included inappropriate options trading, overconcentrated stock positions, and inappropriate movement of money between accounts.

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  • FINRA Photo
    Did You Lose Money Investing In Stocks and Options With Recently Fired LPL Financial Advisor Richard Allen Ceffalio Jr?
    • Date:
    • By: FINRA
    On May 31, 2024, LPL Financial LLC terminated broker Richard Allen Ceffalio Jr after Vernon Litigation and Attorney Kristian Kraszewski filed a FINRA arbitration claim that alleged that Richard Allen Ceffalio Jr. (CRD#2619565) mismanaged client accounts causing millions of dollars in damages trading options and concentrated stock positions.
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  • Naples Daily News Photo
    Naples Chamber to Launch Campaign to Attract Remote Workers
    • Date:
    • By: Naples Daily News
    Attorney Chris Vernon was recently interviewed for a story on Collier County attracting remote workers due to the coronavirus pandemic.
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  • Forbes Advisor Photo
    Living On The Edge: Turn Age 100 And Your Life Insurance Could Die Before You
    • Date:
    • By: Forbes Advisor
    Dr. Scott’s lawyer, Chris Vernon, says Scott should have received the right advice when he bought the policy in 2004, but he didn’t. “That’s because the insurance industry is based on sales rather than advice,” says Vernon. By the time the policyholder turns 100 it may be too late to solve the situation. Read more.
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  • WINK News Photo
    Where’s the Money? Government Investigating Fort Myers Entrepreneur
    • Date:
    • By: WINK News
    “My clients invested money with him, we want the money back, and they won’t give it to us. That’s it; it’s a simple as that. And there’s no explanation as for why not. Where’s the money?” said Chris Vernon, who represents several Southwest Florida investors now taking Hurley to court. Read more on the story.
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  • Florida Weekly Photo
    The Robinhood Impact on Traditional Investors
    • Date:
    • By: Florida Weekly
    Most of us are aware of the young investors who opened Robinhood brokerage accounts and banded together through social media to teach hedge funds a lesson on their abusive practice of destroying weak companies such as GameStop. The GameStop situation occurred because hedge funds chose to underestimate this group. While no one is sure how to account for this new generation of investors in their investment decisions, traditional investors should take heed and not ignore their impact.
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