David William Schwartz, of North Miami Beach, Florida, a stockbroker registered with FMSBonds Inc., was the subject of a customer initiated investment related complaint filed on December 28, 2020, in which the customer requested $253,800.00 in damages based upon allegations that Schwartz made the unsuitable investment recommendation of municipal bonds during the time that Schwartz…

Edward Carchia Jr. (also known as Ed Carchia and Edward Karchia), of Paramus, New Jersey, a stockbroker registered with Morgan Stanley, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested damages based upon allegations that Carchia made the unsuitable investment recommendation of…

Kevin Clinton Loyd Jr., of Town and Country, Missouri, a stockbroker registered with First Allied Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $300,000.00 in damages based upon allegations that Loyd breached a contract, misrepresented material facts, and made…

Michael Richard Rosalia, of Melville, New York, a stockbroker registered with SW Financial, is the subject of an enforcement action initiated by Financial Industry Regulatory Authority (FINRA) in which the regulator is seeking sanctions against Rosalia for allegedly failing to comply with FINRA in connection with its investigation into Rosalia’s potential unsuitable and excessive trading…

Myles William Easter, of West Des Moines, Iowa, a stockbroker registered with Bankers Life Securities Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer was awarded $30,000.00 in compensatory damages because Easter was held liable on the customer’s claims which included that…

Patricia Ann McGinley, of Greenwich, Connecticut, a stockbroker registered with Morgan Stanley, was the subject of a customer initiated investment related complaint that was settled on March 27, 2023, for $28,000.00 in damages based upon allegations that McGinley made misrepresentations of material fact in connection with the sale of closed-end funds when McGinley was associated…

Raymond Edward DesRosiers (also known as Ray DesRosiers), of San Mateo, California, a stockbroker registered with Emerson Equity LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $27,000.00 in damages based upon allegations that DesRosiers violated securities laws and breached his fiduciary…

Ronald G. Smith (also known as Ron Smith), of Stamford, Connecticut, a stockbroker registered with Sanford C. Bernstein Co. LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $250,000.00 in damages based upon allegations that Smith made misrepresentations and omissions of…

Scott Callis Barcomb, of Sarasota, Florida, a stockbroker registered with Berthel Fisher Company Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $10,000.00 in damages based upon allegations that Barcomb failed to conduct adequate due diligence, failed to supervise certain…

Shane Michael Elsbury, of New Albany, Indiana, a stockbroker registered with American Equity Investment Corporation, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $40,000.00 in damages based upon allegations that Elsbury made the unsuitable investment recommendation of corporate bonds during the time…

Theresa Allen (also known as Theresa Binkley and Theresa Givens), of Newport Beach, California, a stockbroker formerly registered with First Republic Securities Company LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $1,750,000.00 in damages based upon allegations that Allen engaged…

Thomas Benjamin Paine (also known as Tom Paine), of Arroyo Grande, California, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested damages based upon allegations that Paine made the unsuitable investment recommendation of illiquid alternative…

Vincent Anthony Pallitto Jr. (also known as Vince Pallitto and Vinny Pallitto), of Florham Park, New Jersey, a stockbroker registered with LPL Financial LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested damages based upon allegations that Pallitto made the unsuitable…

Michael Peter Sloan, of St. Charles, Illinois, a stockbroker registered with Wintrust Investments LLC, is the subject of a customer initiated investment related complaint on December 18, 2013, in which the customer requested $9,107.16 in damages based upon allegations that Sloan made material misrepresentations and omissions of fact in connection with the sale of real…

Christopher Todd Norton (also known as Chris Norton), of Boca Raton, Florida, a stockbroker registered with Aegis Capital Corp, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $45,000.00 in damages based upon allegations that Norton was negligent, breached a contract, made misrepresentations…

Brian Scott Graham, of Plainfield, Illinois, a stockbroker registered with Cetera Advisor Networks LLC, has been permitted to resign on April 11, 2024, based upon allegations that Graham made “unauthorized withdrawals” from a customer’s bank account. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Graham is also referenced in a customer initiated investment related…

Andrew Spiro Pandis, of Forest Hills, New York, a stockbroker registered with Cetera Investment Services LLC, was the subject of a customer initiated investment related “civil action” that was settled for $7,281.05 in damages based upon allegations that Pandis breached a contract in connection with the sale of fixed annuities when Pandis was associated with…

Brad Steven Whalen, of Winter Park, Florida, a stockbroker registered with Green Vista Capital LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $235,000.00 in damages based upon allegations that Whalen was negligent, violated federal securities laws and New Jersey securities…

Brian Hayden Solomon, of Encinitas, California, a stockbroker registered with Independent Financial Group LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $20,000.00 in damages based upon allegations that Solomon made the unsuitable investment recommendation of in non-traded real estate investment…

Daryl Tomobu Serizawa (also known as Daryl Serizana), of Irvine, California, a stockbroker registered with Woodbury Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $335,875.45 in damages based upon allegations that Serizawa made the unsuitable investment recommendation of direct investments…

Gregory Lourdin of New York, a stockbroker registered with Newbridge Securities Corporation, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $12,500.00 in damages based upon allegations that Lourdin failed to supervise certain representatives, made unsuitable invesment recommendations, and was negligent in connection…

Janine Lynn Ledbetter (also known as Janine Lynn Evans), of Vancouver, Washington, a stockbroker registered with Cetera Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $99,999.00 in damages based upon allegations that Ledbetter failed to conduct adequate due diligence…

Jeffrey Patrick Hobert, of Newport Beach, California, a stockbroker registered with Centaurus Financial Inc., was referenced in a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $50,474.59 in damages based upon allegations that Hobert made the unsuitable investment recommendation of illiquid, high-commission, and risky corporate bonds for…

Joseph Edward Torres, of Staten Island, New York, a stockbroker registered with Merrill Lynch Pierce Fenner Smith Incorporated, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $95,000.00 in damages based upon allegations that Torres failed to follow instructions, made misrepresentations, and engaged…

Kurt Allen Berry, of Elizabethton, Tennessee, a stockbroker previously registered with Vanderbilt Securities LLC, has been fined $5,000.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Berry took part in private securities transactions while associated with Regula Financial Group LLC and Vanderbilt Securities LLC….

Mitchell Ross Pindus, of Los Angeles, California, a stockbroker registered with Wells Fargo Clearing Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that Pindus made “investment recommendations without disclosing the risks” when Pindus…

Patrick Michael Egan, of Glendora, California, a stockbroker registered with Western International Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $50,001.00 in damages based upon allegations that Egan made misrepresentations of material fact in connection with the sale of…

Robert Lloyd Omohundro, of Atlanta, Georgia, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested damages based upon allegations that Omohundro made the unsuitable investment recommendation of real estate securities when Omohundro was associated with…

Robert Morgan Vance, of Sonora, California, a stockbroker registered with Moloney Securities Co. Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensation based upon allegations that Vance was negligent in connection with the sale of corporate bonds and made unsuitable…

Shawn Christian Everett of Estero, Florida, a stockbroker registered with Cetera Advisor Networks LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $12,000.00 in damages based upon allegations that Everett made the unsuitable investment recommendation of real estate securities and private placements…

Timothy Neil Tremblay of Santa Barbara, California, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $500,000.00 in damages based upon allegations that Tremblay over-concentrated the customer’s accounts in real estate securities which were both…

B. David Goldstein of Rancho Mirage, California, a stockbroker registered with Western International Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $230,000.00 in damages based upon allegations that Goldstein made misrepresentations of material fact in connection with the sale…

Russell Paul Green of Syosset, New York, a stockbroker registered with Cabot Lodge Securities LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customers. ostensibly residents of the Commonwealth of Pennsylvania requested $410,000.00 in damages based upon allegations that Green committed common law…

Patty Jane Dawson of Ann Arbor, Michigan, a stockbroker registered with Stifel Nicolaus Company Inc., was the subject of a customer initiated investment related complaint filed on February 5, 2024, in which the customer requested $52,000.00 in damages based upon allegations that Dawson made misrepresentations of material fact in connection with the sale of government…

Timothy Lee Connor, of Redwood Shores, California, a stockbroker registered with First Allied Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 to $500,000.00 in damages based upon allegations that Connor made the unsuitable investment recommendation of real estate…

Douglas Cy Waisner of Westlake Village, California, a stockbroker registered with Western International Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested damages based upon allegations that Waisner made misrepresentations of material fact in connection with the sale of government…

Surya Joshua Kane Metzler of Newport Beach, California, a stockbroker registered with Centaurus Financial Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $29,800.00 in damages based upon allegations that Metzler made the unsuitable investment recommendation of speculative and risky bonds and breached…

Avi J. Bialo, of Encino, California, a stockbroker registered with Arete Wealth Management LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $12,000.00 in damages based upon allegations that Bialo made the unsuitable investment recommendation of alternative investments when Bialo was associated…

Alan Mark Mason of New York, New York, a stockbroker registered with WestPark Capital Inc., has been fined $5,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Mason made the unsuitable investment recommendations in GWG Class L Bonds during the time that he was…

Charles William Wodrich (also known as Chip Wodrich), of Goodyear, Arizona, a stockbroker registered with Hornor Townsend Kent LLC, is the subject of an enforcement action initiated by Financial Industry Regulatory Authority (FINRA) in which the regulator is seeking sanctions against Wodrich based upon allegations that Wodrich failed to provide documents and information and failed…

Ali Barry Mahlooji, of Jersey City, New Jersey, a stockbroker registered with National Securities Corporation, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $280,765.51 in damages based upon allegations that Mahlooji was negligent and made unsuitable investment recommendations during the time…

Anthony Ghiglieri, of Hauppauge, New York, a stockbroker registered with Ameriprise Financial Services LLC, was the subject of a customer initiated investment related complaint filed on October 18, 2023, in which the customer requested $31,500.00 in damages based upon allegations that Ghiglieri provided unsuitable investment advice to the customer when Ghiglieri was associated with Ameriprise…

Billy James Aycock of Nashville, Tennessee, a stockbroker formerly registered with Center Street Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $300,000.00 in damages based upon allegations that Aycock breached a contract, failed to supervise certain representatives, was negligent,…

Brian C. Pfeifler (also known as Bman Pfeifler), of New York, New York, a stockbroker registered with Morgan Stanley, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Pfeifler made unsuitable investment recommendations when Pfeifler was…

Clarence Ronald Patton Jr. (also known as Ron Patton), of Red Bank, New Jersey, a stockbroker registered with Alexander Capital L.P., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim which was settled for $225,000.00 in damages based upon allegations that Patton violated Florida Securities and Investor…

Daniel Philip Raupp of Setauket, New York, a stockbroker registered with Concorde Investment Services LLC, was the subject of a customer initiated investment related complaint filed on September 6, 2023, in which the customer requested compensatory damages based upon allegations that Raupp made omissions of material fact in connection with the sale of direct investments…

David Jon Zupek of Racine, Wisconsin, a stockbroker registered with Concorde Investment Services LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $68,500.00 in damages based upon allegations that Zupek violated FINRA rules, breached his fiduciary duties, committed fraud, breached a contract,…

Jeffrey Stephen McHale (also known as Jeff McHale), of Hingham, Massachusetts, a stockbroker registered with Coburn Meredith Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $30,000.00 in damages based upon allegations that McHale engaged in unsuitable trading in over-the-counter equities when…

Jonna Doris Keller (also known as Jonna Doris Edelmayer and Jonna Doris Hansen), of Sarasota, Florida, a stockbroker registered with Sigma Financial Corporation, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $300,000.00 in damages based upon allegations that Keller was negligent…

Mark David Wolpert of Plymouth, Minnesota, a stockbroker registered with MSI Financial Services Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $50,000.00 in damages based upon allegations that Wolpert made unsuitable investment recommendations and made misrepresentations of material fact about…

Michaela Rauscher (also known as Michaela Tarapenyans and Michaela Tarpenyans), of Westlake Village, California, a stockbroker registered with Western International Securities Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $11,500.00 in damages based upon allegations that Rauscher made misrepresentations of material…

Patrick Tantoco (also known as Hermogenes Gil Patrick Tantoco), of Honolulu, Hawaii, a stockbroker registered with Independent Financial Group LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages based upon allegations that Tantoco made the unsuitable investment recommendation…

Phillip Todd Cartwright of Appleton, Wisconsin, a stockbroker registered with Woodbury Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $15,000.00 in damages based upon allegations that Cartwright overconcentrated the customer’s portfolio in direct investments, made unsuitable recommendations, and omitted…

Richard Whitfield Brown of Fort Myers, Florida, a stockbroker registered with Summit Brokerage Services Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $368,803.00 in damages based upon allegations that Brown made the unsuitable investment recommendation of in real estate securities…

Shaun B. Floresca, of Chicago, Illinois, a stockbroker registered with LPL Financial LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Floresca made the unsuitable investment recommendation of real estate securities when Floresca was associated…

Christopher Nelson Kirkland of Atlanta, Georgia, a stockbroker registered with Avantax Investment Services Inc., was the subject of a customer initiated investment related complaint that was settled on January 17, 2024, for $284,000.00 in damages based upon allegations that Kirkland made the unsuitable investment recommendation of structured notes during the time that Kirkland was associated…

Donna Louise Klink Payne, of Summerland, California, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim. The customer requested damages based upon allegations that Payne made unsuitable recommendations in real estate securities when Payne was associated with Centaurus Financial Inc….

Herbert C. White of Greenwood Village, Colorado, a stockbroker registered with Woodbury Financial Services Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $50,000.00 in damages based upon allegations that White made omissions of material fact and the unsuitable investment recommendation…

Hugh Daniel Dunn Jr. (also known as Danny Dunn), of White Plains, New York, a stockbroker registered with The Rockwell Financial Group Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer was awarded $21,000.00 in compensatory damages because Dunn or The Rockwell Financial Group Inc. was…

Karen Irene Schmidt (also known as Karen Irene Dry, Karen Irene Moore, and Karen Irene Scher), of Woodland Hills, California, a stockbroker registered with Northwestern Mutual Investment Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $400,000.00 in damages based…

Max Joseph Birkinbine of North Oaks, Minnesota, a stockbroker registered with Ausdal Financial Partners Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $120,000.00 in damages based upon allegations that Birkinbine violated Minnesota Uniform Securities Act and breached his fiduciary duties…

Richard Benn McFarland Jr. of Wyomissing, Pennsylvania, a stockbroker registered with NPB Financial Group LLC and Independent Financial Group LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $1,521,706.00 in damages based upon allegations that McFarland recommended illiquid and risky non-traded…

Shannon Marie Powers (also known as Shannon Catuogno and Shannon Solomon), of Ridgefield, Washington, a stockbroker registered with Western International Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages based upon allegations that Powers was negligent and…

Stacy Mari Goldsmith of Red Bank, New Jersey, a stockbroker registered with Herbert J. Sims Co Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $150,000.00 in damages based upon allegations that Goldsmith made the unsuitable investment recommendation of private placements…

Stephen Paul Haskell of Richmond, Virginia, a stockbroker registered with WealthForge Securities LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $325,000.00 in damages based upon allegations that Haskell was negligent, provided unsuitable investment advice, and breached his fiduciary duties in…

Stephen Russell Stanford (also known as Steve Stanford), of San Francisco, California, a stockbroker registered with Portsmouth Financial Services, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $25,000.00 in damages based upon allegations that Stanford made unsuitable recommendations, misled the customer, and…

Thomas Brian Swan, of Westlake Village, California, a stockbroker registered with Western International Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $50,000.00 in damages based upon allegations that Swan misrepresented material facts in connection with the sale of corporate…

William Dale Dobbs of Clinton, Tennessee, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $138,000.00 in damages. The customer alleged that Dobbs breached his fiduciary duties and made unsuitable recommendations in corporate bonds during…

Andrew William Miles of Winter Park, Florida, a stockbroker registered with Green Vista Capital LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $1,000,000.00 in damages based upon allegations that Miles was negligent, made unsuitable recommendations, and breached his fiduciary duties…

Anthony George Makransky (also known as Tony Makransky), of League City, Texas, a stockbroker registered with LPL Financial LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $500,000.00 in damages based upon allegations that Makransky made unsuitable investment recommendations and misrepresentations…

Brian Troy Hinson of Huntsville, Alabama, a stockbroker previously registered with LPL Financial LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that Hinson made the unsuitable investment recommendation of oil and gas investments when…

Charles Lawrence Friedlander (also known as Chuck Friedlander), of Los Angeles, California, a stockbroker registered with Wells Fargo Clearing Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $495,000.00 in damages based upon allegations that Friedlander made unsuitable investment recommendations…

Daniel Reid Horowitz of New York, New York, a stockbroker registered with Wells Fargo Clearing Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested up to $1,000,000.00 in damages based upon allegations that Horowitz made the unsuitable investment recommendation of…

Daniel Theodore Wilson of Auburndale, Massachusetts, a stockbroker registered with Ameriprise Financial Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $20,000.00 in damages based upon allegations that Wilson made misrepresentations of material fact and made the unsuitable investment recommendation…

David Gary Simon of Crystal Bay, Nevada, a stockbroker registered with Western International Securities Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $68,000.00 in damages based upon allegations that Simon made misrepresentations of material fact in connection with the sale of…

David Scott Lex of Mequon, Wisconsin, a stockbroker formerly registered with BMO Harris Financial Advisors Inc., is referenced in a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $85,000.00 in damages based upon allegations that Lex failed to follow instructions, made unsuitable investment recommendations, and made misrepresentations…

Eric Adam Stiba of Waco, Texas, a stockbroker registered with Lion Street Financial, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages based upon the alleged unsuitable investment recommendations of direct investments (direct participation program interests and limited partnership…

Gary Leonard Ziegler of Madison, Wisconsin, a stockbroker registered with Transamerica Financial Advisors Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $20,000.00 in damages based upon allegations that Ziegler engaged in unsuitable trading when Ziegler was associated with Transamerica Financial Advisors…

Jason Andrew Shelby, of Memphis, Tennessee, a stockbroker formerly registered with FSC Securities Corporation, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $286,913.28 in damages based upon allegations that Shelby overconcentrated the customer’s accounts in real estate securities when Shelby was associated…

John Norman Doiron of Toano, Virginia, a stockbroker registered with Cabot Lodge Securities LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $75,000.00 in damages based upon allegations that Doiron breached his fiduciary duties, was negligent, and breached a contract in…

Kathryn J. Hackney (also known as Kathryn Ohlin), of Orange, California, a stockbroker registered with LPL Financial LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $150,000.00 in damages based upon allegations that Hackney made the unsuitable investment recommendations of real…

Marc David Drew of Salt Lake City, Utah, a stockbroker registered with Equitable Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested more than $5,000.00 in damages based upon allegations that Drew made the unsuitable investment recommendation of real estate…

Mark Allen Upchurch, of Houston, Texas, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages based upon allegations that Upchurch breached his fiduciary duties and made the unsuitable investment recommendation of illiquid…

Philip Andrew Gibson, of Boca Raton, Florida, a stockbroker registered with Newbridge Securities Corporation, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $65,000.00 in damages based upon allegations that Gibson defrauded the customer, violated securities laws, breached his fiduciary duties, was negligent,…

Rodney David Potratz of Laguna Beach, California, a stockbroker registered with Osaic Wealth Inc., is the subject of a customer initiated investment related complaint filed on November 12, 2023, in which the customer requested compensatory damages based upon allegations that Potratz made the unsuitable investment recommendation of closed-end interval funds and mutual funds during the…

Zachary Ellis Taylor (also known as Zach Taylor), of Newport Beach, California, a stockbroker registered with Oppenheimer Co. Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $426,000.00 in damages based upon allegations that Taylor breached his fiduciary duties, breached a…

Daniel B. Chancellor (also known as Dan Chancellor), of Evansville, Indiana, a stockbroker registered with Securities America Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled to resolve allegations that Chancellor breached his fiduciary duties, made unsuitable investment recommendations, was negligent, and violated…

Travis Lynn Riggs, of Bentonville, Arkansas, a stockbroker registered with Equitable Advisors LLC, was the subject of a customer initiated investment related complaint that was settled on June 1, 2023, for $23,732.11 in damages based upon allegations that Riggs charged excessive fees in connection with their investment account when Riggs was associated with Equitable Advisors…

Carey Allen James, of Arroyo Grande, California, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $100,000.00 in damages due to the unsuitable investment recommendation of illiquid real estate securities when James was associated with Centaurus Financial Inc. FINRA…

John Raymond Hebner (also known as Jack Raymond Hebner), of Hayden, Idaho, a stockbroker registered with Moloney Securities Co. Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $30,000.00 in damages based upon allegations that Hebner engaged in unsuitable trading and was negligent in connection…

Adam Jesse Gurien of Palm Beach Gardens, Florida, a stockbroker registered with Merrill Lynch Pierce Fenner Smith Incorporated, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $120,000.00 in damages based upon allegations that Gurien made misrepresentations and the unsuitable investment recommendation of…

Christopher Joseph McCoy of Tampa, Florida, a stockbroker registered with Calton Associates Inc., has been fined $5,000.00 and suspended for one month from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because McCoy engaged in unauthorized discretionary trading. Letter of Acceptance, Waiver, and Consent No. 2020067072101 (April 16, 2024). The regulatory…

Dale Erbin Timmermann of Vandalia, Illinois, a stockbroker registered with Moloney Securities Co. Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $11,000.00 in damages based upon allegations that Timmermann was negligent and made unsuitable recommendations in corporate bonds during the time…

Donald Norman Rich, of Stamford, Connecticut, a stockbroker registered with Wells Fargo Advisors Financial Network LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $20,000.00 in damages based upon allegations that Rich failed to follow the customer’s instructions when Rich was associated…

James D. Davis Jr. of Columbia, Tennessee, a stockbroker registered with IFP Securities LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $42,000.00 in damages based upon allegations that Davis breached his fiduciary duties and violated securities laws in connection with the…

Jeffrey Wayne Kitchen, of West Chester, Pennsylvania, a stockbroker registered with Edward Jones, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $10,000.00 in damages based upon allegations that Kitchen engaged in “unsuitable trading,” given the customer’s risk tolerance during the time that…

Larry Joseph Michaels, of Orange, California, a stockbroker registered with Crown Capital Securities LP, has been fined $10,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Michaels engaged in discretionary or unauthorized trading, which must be in writing and approved by the member, and…

Lawrence William Waller II, of Atlanta, Georgia, a stockbroker registered with Stonex Securities Inc., formerly Stern Agee Financial Services, Inc. , is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $135,000.00 in damages based upon allegations that Waller breached his fiduciary duties…

Margaret Ellen Suite-Arnold (also known as Midge Suite) of China Grove, North Carolina, a stockbroker registered with FSC Securities Corporation, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $14,650.00 in damages based upon allegations that Suite-Arnold did not conduct adequate due diligence…

Mark William Just, of Indianapolis, Indiana, a stockbroker registered with Triad Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $250,000.00 in damages based upon allegations that Just made the unsuitable investment recommendation of real estate investment trusts or REITs…

Michael John Mashak of La Crosse, Wisconsin, a stockbroker registered with Equitable Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Mashak made the unsuitable investment recommendation of Real Estate Investment Trusts or REITs…

Randall Earl McGill, of Homer Glen, Illinois, a stockbroker registered with Ausdal Financial Partners Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $65,000.00 in damages based upon allegations that McGill breached his fiduciary duties, made unsuitable recommendations, violated Securities Exchange…

Robert Leo Luley Jr. of New York, a stockbroker registered with Madison Avenue Securities, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Luley failed to respond to the regulator’s requests for information. FINRA Case No. 2018060896201 (October 24, 2023). According to FINRA Public Disclosure, Luley was…

Ronald Michael Reilly (also known as Ron Reilly), from Park City, Utah, a stockbroker registered with Wells Fargo Advisors LLC, is the subject of a customer initiated investment related complaint filed on March 17, 2022. According to the complaint, Reilly implemented an investment strategy that was inconsistent with the customer’s investment objectives during the period…

William Edward Hutchingson, of Flushing, New York, a stockbroker registered with Cetera Investment Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages based upon allegations that Hutchingson made the unsuitable investment recommendation of Real Estate Invesrment Trusts…

William Vito Romeo (also known as “Doughboy Romeo”) of East Meadow, New York, the President and Chief Executive Officer of RNR Securities LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $115,000.00 in damages based upon allegations that Romeo engaged in…

Jack Edward Newhouse of Muskegon, Michigan, a stockbroker registered with Merrill Lynch Pierce Fenner Smith Incorporated, was the subject of a customer initiated investment related complaint filed on December 27, 2022. The customer requested compensatory damages based upon allegations that Newhouse made unsuitable investment recommendations and misrepresentations in connection with the purchase of variable annuities during…

Randy Carter Cox of Hudson Oaks, Texas, a stockbroker registered with FSC Securities Corporation, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages based upon allegations that Cox made the unsuitable investment recommendation of real estate securities or REITs…

Michael Maggiore, of Woodbridge, New Jersey, a stockbroker registered with Equitable Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Maggiore made the unsuitable investment recommendation of Real Estate Investment Trusts or REITS  during…

Kevin L. Peters, of Melville, New York, a stockbroker registered with Equitable Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Peters made the unsuitable investment recommendations of real estate securities during the time…

James Cabourne Blaszyk, of Boca Raton, Florida, a stockbroker registered with Wells Fargo Clearing Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $400,000.00 in damages based upon allegations that Blaszyk made unsuitable investment recommendations when Blaszyk was associated with…

Andrea Ruth Klipfel (also known as Andrea Ruth Camirand), of Paso Robles, California, a stockbroker registered with Independent Financial Group LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $373,888.00 in damages based upon allegations that Klipfel engaged in “unsuitable trading”…

David Bruce McMillen of Boulder, Colorado, a stockbroker registered with Crown Capital Securities LP, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $125,000.00 in damages based upon allegations that McMillen breached his fiduciary duties, made unsuitable investment recommendations, and was negligent…

Hagin Gifford Richeson of Clearwater, Florida, a stockbroker registered with Corinthian Partners LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $9,000,000.00 in damages based upon allegations that Richeson failed to perform adequate due diligence in connection with the sale of preferred…

James Franklin Shenk of Glen Rock, Pennsylvania, a stockbroker registered with Realta Equities Inc., formerly known as Coastal Equities, Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $215,000.00 in damages based upon allegations that Shenk made the unsuitable investment recommendation of…

James Robert Reynolds  of Minneapolis, Minnesota, a stockbroker registered with Northland Securities Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $95,000.00 in damages based upon allegations that Reynolds made the unsuitable investment recommendation of non-traded Real Estate Investment Trust (“REITs”) or…

John Douglas Engler Sr. of Martinez, Georgia, a stockbroker registered with Ameriprise Financial Services LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Engler failed to testify in a FINRA investigation into allegations of misappropriation during the time that he was associated with Ameriprise Financial Services…

Juan Carlos Villalobos, of Marietta, Georgia, a stockbroker registered with Money Concepts Capital Corp, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $300,000.00 in damages based upon alleged breach of contract, unsuitable investment advice, breach of fiduciary duty, violation of the…

Lamont Adrian Chandler, of Prairie Village, Kansas, a stockbroker registered with Madison Avenue Securities LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $12,500.00 in damages based upon allegations that Chandler made the unsuitable investment recommendations of direct investments when Chandler was…

Leslie Howard Kern (also known as Les Kern), of Wilmington, North Carolina, a stockbroker registered with DH Hill Securities LLLP, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that Kern made unsuitable recommendations in asset-backed…

Matthew Kenneth Wilkes, of Chicago, Illinois, a stockbroker registered with Raymond James Financial Services Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $4,171,885.12 in damages based upon allegations that Wilkes made unsuitable recommendations in a premium-financed life insurance policy, made…

Michael Scott Barrows, of Irvine, California, a stockbroker registered with Accelerated Capital Group, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer was awarded $1,035,360.46 in compensatory damages because Barrows was held liable on the customer’s claims which included violation of federal securities…

Robert Frederick Blake, of Greenwood Village, Colorado, a stockbroker previously registered with Cambridge Investment Research Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $500,000.00 in damages. The claim is based on allegations that Blake recommended an unsuitable real estate security…

Toria Noelle Briggs (also known as Toria Scotto), of Washington, D.C., a stockbroker registered with UBS Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that settled for $160,000.00 in damages. The claim alleged that Briggs failed to disclose liquidity limitations and certain selling-related…

James Arthur Schwarz, of Short Hills, New Jersey, a stockbroker registered with UBS Financial Services Inc., was the subject of a customer initiated investment related complaint filed on September 12, 2023. In this complaint, the customer requested compensatory damages based upon allegations that Schwarz made the unsuitable investment recommendations of over-the-counter equities and caused the…

Lina Maria Garcia, of Miami Florida, a stockbroker formerly registered with Insigneo Securities LLC is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Garcia overconcentrated the investor’s accounts in speculative securities and made unsuitable investment recommendations….

William Frederick Fox (also known as Bill Fox and Billy Fox), of Austin, Texas, a stockbroker registered with LPL Financial LLC, was the subject of a customer initiated investment related “complaint” that was settled for $8,000.00 in damages on November 23, 2022, based upon alleged “poor performance in direct investments and real estate securities” recommended…

Thomas James Baumann, of New York, New York, a stockbroker previously registered with Spartan Capital Securities LLC, is the subject of an enforcement action initiated by the Financial Industry Regulatory Authority (FINRA), where the regulator is seeking sanctions against Baumann based upon allegations that Baumann failed to comply with an investigation into allegations of his…

Randall Alan Heller (also known as Randy Heller), of Oak Lawn, Illinois, a stockbroker registered with Ausdal Financial Partners Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Heller refused to cooperate with a FINRA investigation about the reason his stockbroker registration was terminated by Ausdal…

Craig Lee Carson (also known as C. Chance Carson), of Colorado Springs, Colorado, a stockbroker registered with Intervest International Equities Corporation, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $701,211.32 in damages based upon allegations that Carson breached his fiduciary duties,…

Jack W. Yvars of Concord, New Hampshire, a stockbroker registered with Osaic Wealth Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $104,624.00 in damages based upon allegations that Yvars made the unsuitable investment recommendation of certain mutual funds when Yvars…

Jae Hun Kim (also known as J.H. Kim), of Cortlandt Manor, New York, a stockbroker registered with E1 Asset Management Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Kim failed to provide the regulator with requested information and documents during an investigation into a customer…

John Jude Butler of Ocala, Florida, a stockbroker previously registered with Pruco Securities LLC, has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Butler engaged in outside business activities and failed to report related compensation from a Prudential customer. Letter of…

Louis Joseph Pellegriti, of New York, New York, a stockbroker registered with Spartan Capital Securities LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $500,000.00 in damages based upon allegations that Pellegriti breached his fiduciary duties, engaged in churning, made misrepresentations of…

Juan Manuel Ramos of Downey, California, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages based upon allegations that Ramos recommended illiquid real estate securities with declining values and high fees when…

Richard Glenn Shaw (also known as Rick Shaw), of Scottsdale, Arizona, a stockbroker registered with Lincoln Financial Advisors Corporation, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $25,000.00 in damages based upon allegations that Shaw made the unsuitable investment recommendation of certain…

Richard Lance Belline, of Rogers, Arkansas, a stockbroker registered with Equitable Advisors LLC, is the subject of a customer initiated investment related complaint filed on December 18, 2023, in which the customer requested $64,781.68 in damages based upon allegations that Belline overcharged advisory fees when Belline was associated with Equitable Advisors LLC.  It is uncertain…

Sean Burr of West Hills, California, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $298,000.00 in damages based upon allegations that Burr made unsuitable recommendations in speculative and illiquid real estate securities and corporate…

Robert Nelson Rasbach, of Westport, Connecticut, a stockbroker registered with David Lerner Associates Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $500,000.00 in damages based upon allegations that Rasbach made unsuitable investment recommendations and made misrepresentations and omissions of material…

LOS ANGELES – The Guiliano Law Group, P.C. announced today it has filed an arbitration claim on behalf of certain investors before the Financial Industry Regulatory Authority or FINRA, against a national securities broker-dealer, and its purported Portfolio Managers, for the violation of the federal securities laws, the recommendation of unsuitable securities, negligence, common law…

John H. Klaasen IV, of Hayden Lake, Idaho, a stockbroker registered with Merrill Lynch Pierce Fenner Smith Incorporated, was the subject of a customer initiated investment related complaint filed on September 29, 2023. The customer requested compensatory damages based upon allegations that Klaasen supposedly failed to follow instructions regarding the purchase of certain securities from…

Sally Ann Weger (also known as Sarah Ann Weger), of Palm Beach Gardens, Florida, a stockbroker registered with Morgan Stanley, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $350,000.00 in damages based upon alleged unauthorized withdrawals from an individual retirement account during…

Trey Andrew Toifel, of Mobile, Alabama, a stockbroker registered with Cetera Investment Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Toifel recommended overly concentrated investments in structured bank notes during the time that…

Yong Seok Chang, of Seattle, Washington, a stockbroker registered with Independent Financial Group LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $45,000.00 in damages based upon allegations that Chang made unsuitable recommendations in non-traded real estate investment trusts (REITs) when…

Joshua Lofton Baker (also known as Joshua Baker Ford), of Hoover, Alabama, a stockbroker registered with MML Investors Services LLC, has been permitted to resign on November 7, 2023, based upon allegations that Baker was the subject of customer complaints alleging sales practice violations in connection with the sale of whole life insurance and variable…

Jack Robert Thacker Jr. (also known as J.R. Thacker) of Bristol, Virginia, a stockbroker registered with Center Street Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that Thacker engaged in the unsuitable recommendation…

Glenn J. Romer, of Vero Beach, Florida, a stockbroker registered with Center Street Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages based upon allegations that Romer made unsuitable recommendations in GWG Class L Bonds during the…

Eugene Cebron Thompson IV (also known as Bron Thompson), of Dunn, North Carolina, a stockbroker registered with Capital Investment Group Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that Thompson breached his fiduciary duties,…

Donna Maria Seymour (also known as Donna Maria Pastorik), of Winter Haven, Florida, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $150,000.00 in damages based upon allegations that Seymour made unsuitable recommendations and breached…

Christina Marie Silvius (also known as Christina Marie Lomas), of Kansas City, Missouri, a stockbroker registered with Moloney Securities Co. Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $320,000.00 in damages based upon allegations that Silvius made unsuitable recommendations in…

Albert Anthony Bevilacqua III (also known as Tony Bevilacqua), of Boca Raton, Florida, a stockbroker registered with Ameriprise Financial Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that Bevilacqua made unsuitable recommendations in…

Alexander Arango (also known as Alexander Arango Burkatkaya), of Dania, Florida, a stockbroker registered with Cetera Investment Services LLC, is the subject of a customer initiated investment related complaint filed on December 20, 2023. In this complaint, the customer requested damages based on allegations that Arango made misrepresentations of material fact and unsuitable recommendations in…

Armando G. Roman, of Scottsdale, Arizona, a stockbroker registered with Independent Financial Group LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages based upon allegations that Roman made the unsuitable investment recommendation of real estate investment trusts (REITs)…

Barbara Jean Borowsky, of Rome, Georgia, a stockbroker registered with Dempsey Lord Smith LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim where the customer requested more than $100,000.00 in damages based upon allegations that Borowsky failed to conduct reasonable due diligence on direct investments (DPPs…

Bryan Scott Foster, of Southfield, Michigan, a stockbroker registered with LPL Financial LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $8,000.00 in damages based upon allegations that Foster made the unsuitable investment recommendations of real estate related securities or Real Estate…

Daniel Benjamin Kistler, of Rome, Georgia, a stockbroker registered with Dempsey Lord Smith LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,001.00 in damages based upon allegations that Kistler failed to conduct due diligence and made the unsuitable investment recommendation…

David Kenneth Thiele, of Bend, Oregon, a stockbroker formerly registered with FSC Securities Corporation, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $325,000.00 in damages based upon allegations that Thiele made the unsuitable investment recommendation of alternative investments when Thiele was…

Guy Anthony Harrigan, of Boulder, Colorado, a stockbroker registered with Lion Street Financial LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $325,000.00 in damages based upon allegations that Harrigan made the unsuitable investment recommendation of direct investments when Harrigan was…

Keith Michael D’Agostino, of Woodbury, New York, a stockbroker registered with EF Hutton LLC, otherwise known as Benchmark Investments, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that D’Agostino breached his fiduciary duties, made unsuitable investment…

Kurt Charles Jackson, of San Luis Obispo, California, a stockbroker formerly associated NFP Advisor Services LLC (also known as Kestra Investment Services LLC), was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA)  securities arbitration claim that was settled for $375,000.00 in damages based upon allegations that Jackson made unsuitable recommendations…

Michael Christopher McFeeley, of York, Pennsylvania, a stockbroker registered with Lincoln Financial Advisors Corporation, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $82,992.32 in damages based upon allegations that McFeeley made unsuitable investment recommendations in oil and gas investments during the time…

Philip Michael Connors, of Point Pleasant Beach, New Jersey, a stockbroker registered with Monmouth Capital Management LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because he failed to comply with the regulator during an investigation into his trading in customer accounts while he was registered with…

Stephen James Sperling, based in Palatine, Illinois, a stockbroker registered with Wintrust Investments LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim. In this claim, the customer requested $500,000.00 in damages. The claim alleged that Sperling promised the customer a 6.5 percent return on investment and…

Tamara Ann Glenn (also known as Tamara Dawson, Tamara Gallegos, Tamara Haselby, and Tamara Langham), of East Lansing, Michigan, a stockbroker registered with Essex National Securities LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $35,000.00 in damages based upon allegations…

Chuck A. Roberts of New York, New York and Miami Beach, Florida, a stockbroker registered with Stifel Nicolaus Company Incorporated, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested more than $5,000,000.00 in damages based upon alleged negligence, breach of fiduciary duty,…

Eric Gustav Kuchherzki (also known as Eric Kuchherski), of Burlingame, California, a stockbroker registered with Centaurus Financial Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $28,000.00 in damages on January 15, 2024. The claim alleges that Kuchherzki made unsuitable invstment recommendations…

James J. Mariani of Mineola, New York, a stockbroker registered with Aegis Capital Corp., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensation based upon allegations that Mariani breached a contract, engaged in unsuitable trading, breached his fiduciary duties, and was…

Jeffrey T. Kennedy of Quincy, Illinois, a stockbroker registered with Center Street Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $99,999.00 in damages based upon allegations that Kennedy made the unsuitable investment recommendation of alternative investments when Kennedy was…

Kirk James Crossen of Carmel, Indiana, a stockbroker registered with Raymond James Associates Inc., has been discharged by the securities broker dealer on October 31, 2023, based upon allegations that Crossen was not forthcoming during the securities broker dealer’s inquiry into a loan from Crossen’s customer at a prior firm. Public Disclosure also shows that…

Lei Shen (also known as Peter Shen), of Orange, California, a stockbroker registered with NI Advisors, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $1,500,000.00 in damages based upon allegations that Shen made unsuitable investment recommendations and overconcentrated accounts in business…

Marion Leopold Leonberger Jr. (also known as Sonny Leonberger), of Louisville, Kentucky, a stockbroker previously registered with American Equity Investment Corporation, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages. The claim alleged that Leonberger made unsuitable recommendations in…

Patrick Michael Mendenhall of Houston, Texas, a stockbroker registered with USCA Securities LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $5,000,000.00 in damages based upon allegations that Mendenhall engaged in unsuitable trading and failed to supervise certain representatives in connection with…

Roy Chuck Waugh of Lawton, Oklahoma, a stockbroker registered with Ameriprise Financial Services LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $15,000.00 in damages based upon allegations that Waugh did not change the beneficiaries on a customer’s account according to the…

Shane Michael DeSherlia of Jerseyville, Illinois, a stockbroker registered with Moloney Securities Co. Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority securities arbitration claim in which the customer requested $500,000.00 in damages based upon allegations that DeSherlia made unsuitable investment recommendations and was negligent in connection with the sale…

Thomas Burgess Hamlin of Portland, Oregon, a stockbroker registered with Somerset Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $108,000.00 in damages based upon allegations that Hamlin made unsuitable investment recommendations of iCap Equities private placements when Hamlin was…

Alfred Sietze Vanderlaan (also known as Al Vanderlaan), of Watertown, South Dakota, a stockbroker registered with Westpark Capital Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested between $100,000.00 and $500,000.00 in damages based upon allegations that Vanderlaan violated state securities…

Scott Jason Lee of Cold Spring, Minnesota, a stockbroker formerly registered with Moloney Securities Co. Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $500,000.00 in damages based upon allegations that Lee made unsuitable investment recommendations and was negligent in connection…

David Leslie Arlein of Boca Raton, Florida, a stockbroker registered with Cabot Lodge Securities LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $300,000.00 in damages based upon allegations that Arlein was negligent, made misrepresentations of material facts, breached a contract, breached his fiduciary duty,…

James Ahern of New York, New York, a stockbroker registered with Laidlaw Company (UK) Ltd., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer was awarded $57,750.43 in compensatory damages because Ahern and Laidlaw Company (UK) Ltd. were held liable on the customer’s…

Luke Michael Johnson of Scottsdale, Arizona, a stockbroker registered with Coastal Equities Inc., has been fined $15,000.00 and suspended for 18 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Johnson made unsuitable recommendations to customers. Department of Enforcement v. Luke Johnson, Order Accepting Offer of Settlement No. 2019061213402…

Nancy Ellen Cole also known as Nancy Ellen Hall, of Sacramento, California, a stockbroker registered with Western International Securities Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $72,000.00 in damages based upon allegations that Cole made misrepresentations of material fact in connection with the sale…

Nir Regev Kragnes of Saint Louis, Missouri, a stockbroker registered with DFPG Investments LLC, was the subject of a customer initiated investment related complaint that was settled on July 17, 2023, for $278,680.61 in damages based upon allegations that Kragnes made unsuitable recommendations in illiquid real estate securities during the time that Kragnes was associated with…

Robert Alan Eisenberg of Vienna, Virginia, a stockbroker registered with Lincoln Financial Advisors Corporation, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $27,663.88 in damages based on allegations that Eisenberg made unsuitable investment recommendations in oil and gas investments during the time that Eisenberg was associated…

Seth Gordon Mason of Grand Rapids, Michigan, a stockbroker previously registered with Morgan Stanley, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim. In this claim, the customer requested compensatory damages based upon allegations that Mason engaged in unsuitable trading in the customer’s account from 2017 to…

Shawn Spellacy of Fair Oaks, California, a stockbroker registered with Calton Associates Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $719,415.00 in damages based upon allegations that Spellacy made unsuitable recommendations in stocks during the time that Spellacy was associated with Calton Associates Inc….

Stephen Curtis Lawler Jr.  of Dunlap, Illinois, a stockbroker registered with Cetera Advisors LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages. The claim alleged that Lawler made omissions of material fact and unsuitable recommendations in real estate securities and direct investments during…

Timothy Harold Judson of McLean, Virginia, a stockbroker registered with Osaic Wealth Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested damages between $100,000.00 and $500,000.00 based upon allegations that Judson made unsuitable recommendations in direct investments during the time that Judson was associated with…

Austin Richard Dutton Jr., of Doylestown, Pennsylvania, a stockbroker formerly registered with Newbridge Securities Corporation, is the subject of an enforcement action initiated by Financial Industry Regulatory Authority (FINRA) in which the regulator is seeking sanctions against Dutton based upon allegations that Dutton made unsuitable investment recommendations and falsified customer documents. Department of Enforcement v….

Felipe Henao Vargas (also known as Felipe Henao and Felipe Henos), of Miami, Florida, a stockbroker formerly registered with Insigneo Securities LLC, has been fined $7,500.00 and suspended for 45 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Henao engaged in unauthorized trading in a customer’s account. Letter…

John Kevin Egan of Glendora, California, a stockbroker registered with Western International Securities Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $60,000.00 in damages based upon allegations that Egan engaged in violations of federal securities laws, made unsuitable recommendations, and made misrepresentations and omissions of…

Lawrence Richard Greenfield (also known as Larry Greenfield), of Woodland Hills, California, a stockbroker formerly registered with Arete Wealth Management LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $950,000.00 in damages based upon allegations that Greenfield made unsuitable investment recommendations in alternative investments during…

Paul Kai Addo III, of Denver, Colorado, a stockbroker registered with UBS Financial Services Inc., is the subject of a customer initiated investment related complaint filed on September 29, 2023. The customer requested compensatory damages based upon allegations that Addo failed to follow instructions regarding the purchase of market-linked investments or structured products from January…

Walter Paul Shoczolek III (also known as Walter Paul Shoczolek), of Cornelius, North Carolina, a stockbroker registered with Avantax Investment Services Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $500,000.00 in damages based upon allegations that Shoczolek made unsuitable investment recommendations in mutual funds…

Yann C. Faho (also known as John Faho and Jann Faho), of New York, NY, a stockbroker registered with Aegis Capital Corp., has been fined $5,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Faho used unauthorized communication devices to correspond with customers regarding…

David Wayne Karin, of Westlake Village, California, a stockbroker registered with Western International Securities Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $1,220,000.00 in damages based upon allegations that Karin made misrepresentations of material fact and made unsuitable recommendations in GWG Class L corporate…

Benjamin Soccodato of Elmsford, New York, a stockbroker registered with MML Investors Services LLC, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $75,000.00 in damages based upon allegations that Soccodato engaged in unsuitable trading and made misrepresentations of material fact in connection with the sale of…

Lawrence William Catena, of Naples, Florida, a stockbroker registered with Morgan Stanley Smith Barney, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages based upon allegations that Catena made unsuitable recommendations in structured products and mutual funds when Catena was associated with Morgan Stanley…

Tim Paul Peyton, of Gretna, Louisiana, a stockbroker registered with Crown Capital Securities L.P., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $750,000.00 in damages based upon allegations that Peyton made unsuitable recommendations in non-traded REITs while he was associated with Crown Capital Securities L.P….

Edward Isaac Rosenblatt, of Mission Viejo, California, a stockbroker registered with Cetera Advisor Networks LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that Rosenblatt breached his fiduciary duties and breached a contract, and that Cetera Advisor Networks LLC…

Eric Alexander Duncan, of Denver, Colorado, a stockbroker registered with Moloney Securities Co. Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $196,000.00 in damages based upon allegations that Duncan was negligent and engaged in unsuitable recommendations in direct investments and corporate bonds when Duncan…

John Spyro Demertzis of East Setauket, New York, a stockbroker registered with LPL Financial LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $700,000.00 in damages based upon allegations that Demertzis made unsuitable recommendations in alternative investments, including real estate securities during the time that Demertzis…

Yin Yvonne Zhong (also known as Yvonne Zhong), of Milpitas, California, a stockbroker registered with Ni Advisors, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $15,000.00 in damages based upon allegations that Zhong breached her fiduciary duties, was negligent, and made unsuitable recommendations in GWG Class…

Norman Ray Harp, of Leawood, Kansas, a stockbroker registered with B.B. Graham Company Inc. and Moloney Securities Co. Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $101,000.00 in damages based upon allegations that Harp engaged in unsuitable trading and was negligent in connection with…

Peter John Clarke, of Palm Beach, Florida, a stockbroker registered with Truist Investment Services Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $6,300,000.00 in damages based upon allegations that Clarke made unsuitable recommendations in equities when Clarke was associated with Truist Investment Services Inc….

Ralph Dennis Courtland, of Fairfield, New Jersey, a stockbroker registered with Wells Fargo Clearing Services LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested damages in excess of $1,000,000.00 based upon allegations that Courtland failed to supervise a financial advisor from April of 2012 through…

Randall Leigh Raymond (also known as Randy Raymond), of Lincoln, Nebraska, a stockbroker registered with SagePoint Financial Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $5,788.00 in damages based upon allegations that Raymond breached his fiduciary duties, breached a contract, and was negligent in connection…

Robert James Rumley III, of Atlanta, Georgia, a stockbroker formerly registered with Morgan Stanley  is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages based upon allegations that Rumley did not manage the customer’s accounts in her best interests during the time that Rumley was…

Roberto Francisco Leslie (also known as Robert Leslie), of Brooklyn, New York, a stockbroker registered with Essex National Securities LLC and Infinex Investments Inc., was the subject of a customer-initiated investment related complaint filed on September 6, 2023, in which the customer requested $10,000.00 in damages based upon allegations that Leslie advised the customer that…

Shane Collins Wilhelm, of Roanoke, Virginia, a stockbroker previously registered with Fortune Financial Services Inc. and Truist Investment Services Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) in any capacity because Wilhelm failed to respond to FINRA’s requests for information. Case No. 2021072674801 (September 5, 2023). Initially, Wilhelm faced a…

Vincent Anthony Sharpe (also known as Vincent Ottomanelli-Sharpe), of Red Bank, New Jersey, a stockbroker registered with Aegis Capital Corp, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $283,716.78 in damages based upon allegations that Sharpe made unsuitable investment recommendations during the time that Sharpe…

Joseph Patrick Katzaroff, of Irvine, California, a stockbroker registered with UBS Financial Services Inc., is the subject of a customer initiated investment related complaint filed on June 1, 2023, in which the customer requested $1,000,000.00 in damages based upon allegations that Katzaroff made unsuitable recommendations. The complaint alleges that Katzaroff failed to consider the trustee’s…

Mark Steven Elias, of Houston, Texas, a stockbroker registered with UBS Financial Services Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $700,000.00 in damages based upon allegations that Elias made unsuitable recommendations and misrepresentations of material fact in connection with an options overlay strategy…

John Gerard Forrester Jr., of Boca Raton, Florida, a stockbroker registered with Newbridge Securities Corporation, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that Forrester breached his fiduciary duties, committed fraud, was negligent, and breached contract in connection with…

Andrew Joseph Kubicsko Jr., of Chicago, Illinois, a stockbroker registered with Raymond James Associates Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $400,000.00 in damages based upon allegations that Kubicsko made an unsuitable recommendation of Thornburg Limited Term Municipal Fund, which was supposedly not…

Damian Mark Baird, of Boston, Massachusetts, a stockbroker previously associated with Moors Cabot Inc., is currently under investigation by the Financial Industry Regulatory Authority (FINRA) as of July 14, 2023. Case Nos. 20230776692 and 20230782402. The investigation revolves around allegations that Baird potentially violated FINRA Rules 8210 and 2010 by failing to respond to FINRA’s…

David McDonald Wilson of Gulf Shores, Alabama, a stockbroker associated with Hancock Whitney Investment Services Inc., was the subject of a customer initiated investment related complaint that was settled on September 4, 2020, for $103,673.33 in damages based upon allegations that Wilson provided the customer with misleading information to encourage the purchase of a variable…

George Wilson Howe, of Austin, Texas, a stockbroker associated with USCA Securities LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $20,000.00 in damages based upon allegations that Howe breached fiduciary duty and was negligent during the time that he was associated…

Hector Alberto Mena, of Delray Beach, Florida, a stockbroker associated with Wells Fargo Clearing Services, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested approximately $300,000.00 in compensatory damages, as well as punitive damages, based on allegations that Mena provided unsuitable recommendations…

James C. Kelly, of Chicago, Illinois, a stockbroker associated with UBS Financial Services, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $2,250,000.00 in damages based upon allegations that Kelly made unsuitable recommendations and made misrepresentations of material fact during the time that…

Jason Kimber, of Logan, Utah, a stockbroker associated with J.W. Cole Financial Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $15,000,000.00 in damages. The allegations center around Kimber’s involvement in alleged fraudulent activities that were conducted away from J.W. Cole…

Joel Dale Farnsworth of Los Angeles, California, a stockbroker associated with Wedbush Securities Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $4,200,000.00 in damages based upon allegations that Farnsworth was negligent and breached his fiduciary duty in connection with the…

Milind Pinak Dalal of San Jose, California, a stockbroker associated with Purshe Kaplan Sterling Investments, was the subject of a customer initiated investment related civil action in which the customer requested $500,000.00 in damages based upon allegations that Dalal provided “bad advice” concerning an “investment club,” Casa Blanca Investments, which appears to be a novel…

Rodney Stuart Ferguson, of Chesterfield, Missouri, a stockbroker associated with NYLife Securities LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $2,500,000.00 in damages. Ferguson allegedly provided unsuitable financial planning services and sold inappropriate fixed insurance policies and annuities between 2011…

Roy Alvin Williams Sr., of Stratford, Connecticut, a stockbroker associated with Center Street Securities Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $42,000.00 in damages based upon allegations that Williams made unsuitable recommendations of GWG L Bonds when Williams was…

Thomas Ardavast Kudarauskas (also known as Tom Kudarauskas), of Atlanta, Georgia, a stockbroker associated with Woodbury Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $95,000.00 in damages based upon allegations that Kudarauskas engaged in unsuitable recommendations and trading in…

Valentino Michael Scott of West Hills, California, a stockbroker associated with Centaurus Financial, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $25,000.00 in damages. According to the claim, Scott recommended a high-risk, complex, and illiquid corporate bonds or structured products during…

Christopher Booth Kennedy of Woodland Hills, California, a stockbroker registered with Western International Securities, is the subject of an enforcement action initiated by the Financial Industry Regulatory Authority (FINRA) in which the regulator is seeking sanctions against Kennedy based upon allegations that Kennedy engaged in churning of customer accounts. Department of Enforcement v. Christopher Booth…

David Alan Harris of White Plains, New York, a stockbroker associated with Chester Harris Co. Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $250,000.00 in damages based upon allegations that Harris made unsuitable recommendations of Puerto Rico bonds during the time…

Donald Norman Rich of Old Greenwich, Connecticut, a stockbroker associated with Wells Fargo Clearing Services LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $20,000.00 in damages based upon allegations that Rich supposedly failed to follow the customer’s instructions “beginning in 2018.”…

Fermin Alberto Mesina of Chula Vista, California, a stockbroker associated with Infinex Investments Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $500,000.00 to $1,000,000.00 in damages based upon allegations that Mesina failed to perform adequate due diligence and concentrated a…

Henry Nathan Goodman of New York, New York, a stockbroker associated with UBS Financial Services, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $225,000.00 in damages based upon allegations that Goodman made unsuitable recommendations and misrepresented information about an options overlay strategy…

John Andrew Rochester of Santa Fe, New Mexico, a stockbroker associated with Morgan Stanley, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer was awarded $554,834.70 in compensatory damages because Morgan Stanley was held liable on the customer’s claims of breach of fiduciary…

Joshua Aaron Green of New Port Richey, Florida, a stockbroker associated with Cetera Investment Services LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $450,000.00 in damages based upon allegations that Green overconcentrated the customer in structured notes, which resulted in losses….

Kevin Thomas Dooley of Miami, Florida, a stockbroker associated with Equitable Advisors LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $98,400.00 in damages based upon allegations that Dooley made unsuitable recommendations of alternative investments between 2012 and 2014 when Dooley was…

Michael Albert DiPietro (also known as Mike Albert DiPietro), of Pasadena, California, a stockbroker associated with Centaurus Financial Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages based upon allegations that DiPietro misrepresented equipment leasing and real estate…

Megurditch Patatian (also known as Mike Patatian), of Westlake Village, California, a stockbroker registered with Western International Securities Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Patatian made unsuitable recommendations to his customers. In the Matter of Department of Enforcement v. Patatian, Decision No. 2018057235801…

Rajvinder Singh Budwal of San Jose, California, a stockbroker associated with SagePoint Financial Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $22,500.00 in damages based upon allegations that Budwal made unsuitable recommendations of an equity fund. Budwal was associated with SagePoint…

Robert Earl Stanlick, of Colorado Springs, Colorado, a stockbroker associated with Presidential Brokerage Inc. (also known as Forta Financial Group Inc.), was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $34,000.00 in damages based on allegations that Stanlick engaged in breach of fiduciary…

Ronald Burton Smith, of Bordentown, New Jersey, a stockbroker registered with PTS Brokerage LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Smith made false statements to a PTS Brokerage LLC supervisor, used unauthorized means to communicate with customers, and refused to comply with FINRA’s requests…

Walter Ickert, of Ridgeland, South Carolina, a stockbroker associated with IFP Securities LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,001.00 in damages based upon allegations that Ickert failed to conduct adequate due diligence, misrepresented an investment’s safety, failed to…

William Donovan Ard (also known as Bill Ard), of Short Hills, New Jersey, a stockbroker formerly registered with Morgan Stanley, has been fined $15,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Ard made misrepresentations of material fact to a customer and had made…

Airung Liu, of Fremont, California, a stockbroker associated with Cambridge Investment Research Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $25,000.00 in damages based upon allegations that Liu made unsuitable recommendations of direct investments to the customer during the time that…

Chay Thomas Lapin, of Torrance, California, a stockbroker associated with WealthForge Securities, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $552,535.65 in damages based upon allegations that Lapin failed to conduct reasonable due diligence, was negligent, made unsuitable recommendations, failed to…

Craig Sherman Thistlethwaite, of Perrysburg, Ohio, a stockbroker associated with Morgan Stanley, has been discharged by the securities broker dealer on January 17, 2023. The termination was based upon Thistlethwaite supposedly entering transactions in two related customers’ accounts without receiving verbal confirmation, purchasing a timeshare from a customer without firm approval, and engaging in unauthorized…

Damian Maggio, of Garden City, New York, a stockbroker and the Chief Executive Officer of Joseph Stone Capital L.L.C., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $354,994.55 in damages based upon allegations that Maggio failed to supervise certain representatives in…

David Edwin Alvarado, of New York, New York, a stockbroker formerly associated with SW Financial, also known as Saloman Whitney LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim. The customer seeks $30,000.00 in damages based upon allegations that Alvarado engaged in unsuitable, excessive, and unauthorized…

Frank John Calise, of Scottsdale, Arizona, a stockbroker associated with Questar Capital Corporation, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $50,000.00 in damages based upon allegations that Calise engaged in misrepresentation, fraud, and breach of fiduciary duty in connection with the…

Gregory Alan Jacobson, of Red Bank, New Jersey, a stockbroker associated with Ameriprise Financial Services LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $4,000.00 in damages based upon allegations that Jacobson made an unsuitable investment recommendation to the customer. FINRA Arbitration…

Jack Lewis Jones Jr. (also known as JJ Jones), of Houston, Texas, a stockbroker associated with Triad Advisors LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $30,000.00 in damages. The claim alleged that Jones made unsuitable recommendations, failed to sufficiently disclose…

James William Tausz (also known as Jim Tausz), of Clarion, Iowa a stockbroker associated with United Planners’ Financial Services of America, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $15,000.00 in damages based upon alleged unsuitable recommendations, breach of contract, fraud, breach…

Jerry Thomas Bileski (also known as Jay Bileski), of Garden City, New York, a stockbroker associated with Worden Capital Management LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled to resolve allegations that Bileski failed to supervise certain representatives in connection with the…

John Brendan Dobbertin of Fayetteville, New York, a stockbroker associated with American Portfolios Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $19,500.00 in damages based upon allegations that Dobbertin violated FINRA suitability rules, acted negligently, made misrepresentations and omissions…

John James Forster, of Washington, DC, a stockbroker associated with Merrill Lynch Pierce Fenner Smith Incorporated, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $272,000.00 in damages based upon allegations that Forster failed to act in the customer’s best interest and…

Larry Richard Law, of Irvine, California, a stockbroker associated with JRL Capital Corporation, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $400,000.00 in damages based upon alleged unsuitable trading, misrepresentation and omission of material facts, negligence, and breach of fiduciary duty…

Mark Alan Thompson of Atlanta, Georgia, a stockbroker associated with Arkadios Capital, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $172,500.00 in damages based upon allegations that Thompson provided unsuitable recommendations, was negligent, and caused the customer’s account to be overconcentrated in certain…

Matthew Thomas Lawson, of Chattanooga, Tennessee, a stockbroker associated with Raymond James Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $62,500.00 in damages based upon allegations that Lawson made misrepresentations of material fact about a trust account. The customer…

Patricia Lynn Sans (also known as Patricia Lynn Coleman), of West Palm Beach, Florida, a stockbroker associated with Morgan Stanley, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $240,000.00 in damages. The customer alleged that Sans made unsuitable recommendations of options, municipal…

Ralph Siegfried Waller, of Peachtree City, Georgia, a stockbroker associated with Woodbury Financial Services, was referenced in a customer initiated investment related complaint filed on January 23, 2022, in which the customer requested $5,000.00 in damages based upon allegations that Waller failed to act in the customer’s best interest when recommending a variable annuity redemption…

Richard Duane Mukomela (also known as Rick Mukomela), of Minnetonka, Minnesota, a stockbroker associated with MSI Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $20,000.00 in damages based upon allegations that Mukomela misrepresented a real estate investment trust (REIT)…

Ronald L. Bucher (also known as Ron Bucher), of Fort Myers, Florida, a stockbroker associated with Pinnacle Investments LLC, was the subject of a customer initiated investment related complaint in which the customer requested $77,772.32 in damages. The customer claimed that Bucher engaged in unauthorized and unsuitable trading in stocks and equities. This complaint was…

Timothy Joseph Scanlon of Scottsdale, Arizona, a stockbroker associated with Arque Capital Ltd., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $230,208.89 in damages based upon alleged breach of fiduciary duty, breach of contract, negligence, and violation of state and federal securities laws,…

Arthur Gilbert Faren of Fort Lauderdale, Florida, a stockbroker registered with SunTrust Investment Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $29,500.00 in damages based upon allegations that Faren did not follow the customer’s instructions regarding stop limit orders when Faren…

Brent William Makarczyk, of Kingston, Pennsylvania, a stockbroker registered with Ameriprise Financial Services LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Aut