NAPLES, Fla., Aug. 31, 2017 /PRNewswire/ -- The Law Firm of Vernon Litigation Group and Attorney Kristian P. Kraszewski have joined forces to file another FINRA arbitration claim on behalf of investors who worked with Abraham Heimann. Mr. Heimann is a former stockbroker with Oppenheimer and Cetera Advisors. A review of Heimann's CRD reveals that he is no longer registered with FINRA as a financial advisor and he worked for 7 different brokerage firms over his career.
The aggrieved investors are 85 and 84 years old, respectively. One of the clients suffers from Alzheimers, while his wife was a stay at home mom with limited investment experience. The claim asserts Heimann effectively represented Miller Energy as a great investment opportunity. Miller Energy has a troubled recent history, including a 2015 bankruptcy filing. The Claim also asserts that the concentration of the portfolio in the energy sector was compounded by investments in Seadrill and FX Energy. Mr. Heimann's investment strategies caused the investors to lose approximately $1,500,000 of their irreplaceable retirement savings.
Vernon Litigation and Kristian Kraszewski have now filed 3 arbitration complaints seeking nearly 4 million in damages for Mr. Heimann's former clients. The legal team is investigating similar concerns by other investors who invested with Heimann at Oppenheimer and Cetera.
Due to the egregiousness of the wrongdoing in this case, which has had a devastating impact on the Claimants who filed the FINRA Claim this month, Vernon Litigation and Kraszewski are seeking punitive damages to punish the Respondents for what occurred.
Vernon Litigation Group is a law firm that represents clients in courtroom litigation, arbitration, mediation, and regulatory matters throughout the United States. Our lawyers have collectively represented thousands of investors in FINRA and other securities arbitration and litigation claims nationwide and recovered millions of dollars from purported financial professionals and financial institutions, both large and small. Please contact us to discuss your rights if you believe a Wall Street firm or other investment firm has failed to act in your best interests or otherwise abused your trust. For more information, visit our website at http://www.vernonlitigation.com/ or contact Vernon Litigation Group by phone at 1-877-649-5394, by e-mail at [email protected] , or by appointment at our Naples office located at 8785 Fontana Del Sol Way Naples, Florida 34109 to speak with a representative of Vernon Litigation Group.