Glenn Edwin Bridwell Jr. (also known as Ed Bridwell), of Wichita, Kansas, a stockbroker registered with FBL Marketing Services LLC, has been fined $5,000.00 and suspended for 10 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Bridwell engaged in discretionary trading in customer accounts during the time that…
Stewart Ginn (also known as Stewart Taylor and as Paxton Ginn Jr.), of Santa Maria, California, a stockbroker registered with Independent Financial Group LLC, has been fined $50,000.00 and suspended for 18 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Ginn engaged in excessive and unauthorized trading in…
New York-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, based upon the conduct of its former registered representative for the violation of the federal securities laws and Regulation Best Interest, and for…
Craig Sherman Thistlethwaite, of Perrysburg, Ohio, a stockbroker formerly registered with Morgan Stanley, has been fined $10,000.00 and suspended for 60 days from associating with any Financial Industry Regulatory Authority (FINRA) member because Thistlethwaite engaged in unauthorized trading and communicated with customers about securities business using unauthorized methods. Letter of Acceptance, Waiver, and Consent No….
David Paul Wilson Jr., of Philadelphia, Pennsylvania, a stockbroker registered with J.P. Morgan Securities LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $300,000.00 in damages based upon alleged unauthorized trading in stocks during the time that Wilson was associated with J.P….
Mark Allen Carter, of Charlotte, North Carolina, a stockbroker formerly registered with Pruco Securities LLC, is the subject of a customer initiated investment related complaint filed on April 4, 2014, in which the customer requested $500,000.00 in damages based upon alleged unauthorized trading in the customer’s retirement account when Carter was associated with Pruco Securities…
Tammy Louise Higgins (also known as Tammy Louise Jensen), of Edina, Minnesota, a stockbroker registered with RBC Capital Markets LLC, was the subject of a customer initiated investment related complaint that was settled on July 18, 2022, for $73,135.75 in damages based upon the alleged unauthorized trading in municipal bonds during the time that Higgins…
Scott Eugene Buck of Stow, Ohio, a stockbroker registered with LPL Financial LLC, has been fined $7,500.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Buck engaged in unauthorized trading and used unapproved methods to communicate with LPL Financial customers. Letter of Acceptance, Waiver, and…
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…
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…
Donald Leo Hansen Jr., of San Francisco, California, a stockbroker registered with Merrill Lynch, has been permitted to resign on February 22, 2024, based upon allegations that Hansen engaged in unauthorized and excessive trading in customer accounts. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Hansen is also referenced in a customer initiated investment…
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…
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…
Stephen R. Mihalek of Mentor, Ohio, a stockbroker registered with J.P. Morgan Securities LLC, was the subject of a customer initiated investment related complaint that was settled on April 25, 2024, for $45,300.49 in damages based upon allegations that Mihalek engaged in unauthorized trading when Mihalek was associated with J.P. Morgan Securities LLC. This is…
Matthew Bradley Mitchell of Tulsa, Oklahoma, a stockbroker registered with BOK Financial Securities Inc., was the subject of a customer initiated investment related complaint filed on January 18, 2024, in which the customer requested over $30,000.00 in damages based upon allegations that Mitchell engaged in unsuitable and unauthorized trading when Mitchell was associated with BOK…
Joel Randy Freedman of West Conshohocken, Pennsylvania, a stockbroker registered with Morgan Stanley, has been permitted to resign on March 14, 2024, based upon allegations that Freedman engaged in discretionary trading in a customer account and failed to internally report a customer’s complaint. Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally reveals that on March…
William Robert Mielke Jr., of Green Bay, Wisconsin, a stockbroker registered with Stifel Nicolaus Company Incorporated, was the subject of a customer initiated investment related complaint that was settled on March 21, 2022, for $18,144.00 in damages based upon allegations that Mielke engaged in unauthorized trading in stocks, options, and mutual funds when Mielke was…
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…
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…
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…
Richard Ray Miller (also known as Rick Miller), of Shelton, Connecticut, a stockbroker registered with Ameriprise Financial Services, was the subject of a customer initiated investment related complaint that was settled on March 13, 2024, to resolve allegations that Miller sold direct investments, over-the-counter equities, and stocks from the customer’s Ameriprise One account without authorization…
Valence Montgomery Williams, of New York, New York, a stockbroker registered with J.H. Darbie Co. Inc., has been fined $10,000.00 and suspended for five months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Williams engaged in unauthorized trading and mismarking of trade records. Letter of Acceptance, Waiver, and Consent…
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…
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…
Johnathan Paul Hagood, of Los Angeles, California, a stockbroker registered with Wells Fargo Clearing Services LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Hagood failed to respond to FINRA requests for information. FINRA Case No. 2023077635001 (January 8, 2024). On October 3, 2023, FINRA initiated…
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…
Kyle Michael Wool, of New York, New York, 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 $50,000.00 in damages based upon allegations that Wool engaged in unauthorized trading in stocks during the time that Wool was…
Thomas Bradley Kintz, of Boynton Beach, Florida, a stockbroker registered with Benjamin F. Edwards Company Inc., has been fined $7,500.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Kintz engaged in unauthorized trading during the time that he was associated with Benjamin F. Edwards…
Arun Kumar Aggarwal, of Raleigh, North Carolina, a stockbroker registered with Morgan Stanley, has been fined $7,500.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Aggarwal exercised discretion in a customer’s account and caused inaccurate recordkeeping at the securities broker dealer. Letter of Acceptance,…
Luke Foster Lannister (also known as Lucas Foster Seward), of Rockville, Maryland, a stockbroker registered with Grove Point Investments LLC, has been discharged by the securities broker dealer on November 28, 2023, based upon allegations that Lannister charged excessive commissions and engaged in unauthorized trading in stocks. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows…
Robert Logan Jones (also known as Bob Jones), of Kissimmee, Florida, a stockbroker registered with Edward Jones, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because he refused to comply with the regulator during its investigation into allegations his potential unauthorized trading and use of unauthorized communication…
Jilena Yuen-Han Mok (also known as Jilena Yuenhan Mok and Yuen Han Mok), of San Francisco, California, a stockbroker registered with Edward Jones., 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 Mok engaged in unauthorized trading in customer accounts. Letter…
Matt Ward (also known as Matt Adeywardena and Abeywardena Ward), of Santa Monica, California, a stockbroker registered with Alliance Global Partners, has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Ward engaged in unauthorized trading during the time that he was associated with Alliance…
Christina Dawn Peterman (also known as Christina Dawn Heighton, Christina Dawn Knippers, and Christina Dawn Lay), of Greensboro, North Carolina, a stockbroker registered with Truist Investment Services Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Peterman failed to comply with the regulator’s investigation concerning her…
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…
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…
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…
Darren Nickolas Ting, of New York, New York, a stockbroker registered with J.P. Morgan Securities LLC, has been fined $10,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Ting engaged in unauthorized trading and mismarked solicited trades during the time that he was associated…
Matthew Thomas Mierzycki of Round Rock, Texas, a stockbroker registered with Edward Jones, has been fined $10,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Mierzycki engaged in unauthorized trading in customer accounts. Letter of Acceptance, Waiver, and Consent No. 2021073142301 (Dec. 5, 2023)….
Jeffrey Allen Russell, of Newport Beach, California, a stockbroker registered with Morgan Stanley, 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 Russell engaged in unauthorized trading in customer accounts. Letter of Acceptance, Waiver, and Consent No. 2021071685401 (November 16, 2023)….
William Savary of Gig Harbor, Washington, a stockbroker registered with Abraham Securities Corporation and previously with Spencer-Winston Securities Corporation, has been fined $5,000.00 and suspended for one year from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Savary engaged in unauthorized trading. Letter of Acceptance, Waiver, and Consent No. 2022074468401…
William Worthen King (also known as Bill King), of Vero Beach, Florida, a stockbroker registered with Merrill Lynch Pierce Fenner Smith Incorporated, is the subject of a customer initiated investment related complaint filed on November 26, 2023, in which the customer requested compensatory damages based upon allegations that King engaged in unauthorized trading in options…
James Michael Green, of Chisago City, Minnesota, a stockbroker registered with Edward Jones, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Green failed to cooperate with a FINRA investigation. Letter of Acceptance, Waiver, and Consent No. 2023079059301 (August 23, 2023). On August 23, 2023, FINRA asked…
Charles D. Shields Jr. of Wayne, Pennsylvania, a stockbroker associated with Wells Fargo Clearing Services LLC, has been fined $5,000.00 and suspended for 15 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Shields engaged in unauthorized trading by exercising discretion in a customer’s account without prior written authorization…
Robert Joseph Stransky Jr. (also known as Bobby Joseph Stransky Jr.), of Littleton, Colorado, a stockbroker associated with MWA Financial Services Inc., has been permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because he failed to cooperate in a FINRA investigation. Letter of Acceptance, Waiver, and Consent No….
Anthony Lynn Cross (also known as Tony Cross), of Edmond, Oklahoma, a stockbroker associated with The O.N. Equity Sales Company (ONESCO), has been fined $5,000.00 and suspended for 20 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Cross engaged in unauthorized trading in customer accounts. Letter of Acceptance,…
John E. Pelletier of Wauwatosa, Wisconsin, a stockbroker registered with BMO Harris Financial Advisors Inc., is the subject of an enforcement action initiated by Financial Industry Regulatory Authority (FINRA) in which the regulator is seeking sanctions against Pelletier based upon allegations that Pelletier engaged in unauthorized trading in the individual retirement account of a customer…
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…
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…
Gustavo Rodrigo III, of Boca Raton, Florida, a stockbroker associated with Westpark Capital Inc., has been fined $2,500.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because he exercised discretion in a customer’s account without written authorization from the customer and without the securities broker dealer having accepted…
Kwame Adusei, of Poughkeepsie, New York, a stockbroker associated with Morgan Stanley Wealth Management (MSWM), was permitted to resign on July 24, 2023. This resignation was based on a customer alleging that Adusei encouraged her to take part in an outside residential property investment. The customer reportedly claimed that Adusei conducted “unauthorized trading” in her…
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…
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…
Kevin Joseph Carroll of Glastonbury, Connecticut, a stockbroker formerly registered with LPL Financial LLC, has been fined $10,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member because he borrowed a customer’s funds and engaged in unauthorized trading in unit investment trusts during the time that he was associated…
Lilia Nia (also known as Lilia Niyazova), of Fairfield, New Jersey, a stockbroker registered with Purshe Kaplan Sterling Investments Inc. (PKS), has been fined $5,000.00 and suspended for twelve months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Nia engaged in unauthorized trading. Letter of Acceptance, Waiver, and Consent…
Henry Joseph Cormier of Farmington, Connecticut, a stockbroker registered with Ameriprise Financial Services LLC, was the subject of a customer initiated investment related complaint that was settled on January 31, 2022, for $41,277.44 in damages based upon allegations that Cormier engaged in unauthorized trading in over-the-counter equities when Cormier was associated with Ameriprise Financial Services…
Joseph Brian Lascala Jr. (also known as Joe Lascala), of Melville, New York, a stockbroker registered with Aegis Capital Corp., is the subject of a customer initiated investment related complaint filed on March 15, 2023, in which the customer requested compensation based upon allegations that Lascala engaged in unauthorized trading during the time that Lascala…
Raymond William Clark 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 Clark failed to testify when FINRA investigated the stockbroker for possible violations of FINRA rules. Letter of Acceptance, Waiver, and Consent…
William Sideny Friedman (also known as Willie Friedman and Bill Friedman), of Boca Raton, Florida, a stockbroker registered with Newbridge Securities Corporation, 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 Friedman breached a contract, breached his…
Michael Steven Yarus (also known as Michael Steven Yarus), of Paramus, New Jersey, a stockbroker registered with Wells Fargo Clearing Services LLC, has been discharged by the securities broker dealer on January 25, 2023, based upon allegations that Yarus engaged in unauthorized trading. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Yarus is referenced…
David Harrison Miller of Atlanta, Georgia, a stockbroker registered with PeachCap Securities Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Miller failed to testify when FINRA investigated the stockbroker for possible violations of FINRA rules during the time that he was associated with PeachCap Securities…
Eduardo Andrew Martinez (also known as Andrew Martins and Andrew Martin), of New York, New York, a stockbroker registered with PHX Financial Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $33,269.42 in damages based upon allegations that Martinez engaged in unauthorized trading, breached fiduciary…
Ivan Richard Gefen 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 $1,200,000.00 in damages based upon allegations that Gefen breached a contract, committed fraud, was negligent, and breached fiduciary duties in connection with the…
Anthony Lynn Cross (also known as Tony Cross), of Edmond, Oklahoma, a stockbroker registered with The ON Equity Sales Company (ONESCO), has been suspended as a stockbroker for ten days by Oklahoma Department of Securities because Cross engaged in discretionary trading. Consent Order No. 20-011 (August 26, 2021). Oklahoma Securities Department claimed that Cross made…
Biaggio Anthony Caroleo (also known as Blaise Anthony Caroleo), of New York, New York, a stockbroker registered with SW Financial, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $264,475.00 in damages based upon allegations that Caroleo was negligent, engaged in unauthorized…
Dominic Joseph Carlo, of New York, New York, a stockbroker registered with National Securities Corporation, has been fined $2,500.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Carlo engaged in unauthorized trading. Letter of Acceptance, Waiver, and Consent No. 2021070378301 (July 5, 2023). According to the AWC,…
Gustavo Santos Miramontes, of Los Angeles, California, a stockbroker registered with Oppenheimer Co. Inc., was the subject of a customer initiated investment related complaint that was settled on October 14, 2022, for $7,957.00 in damages based upon allegations that Miramontes engaged in unauthorized and unsuitable trading in stocks and mutual funds when Miramontes was associated…
Jeremy Jefferson Jacobson, of Metairie, Louisiana, a stockbroker registered with LPL Financial 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 Jacobson engaged in discretionary trading. Letter of Acceptance, Waiver, and Consent No. 2021071954502 (June 6, 2023). According to the…
Kumail Abbas (also known as Ken Abbas), of Melville, New York, a stockbroker registered with Laidlaw Company (UK) Ltd., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $181,056.00 in damages based upon allegations that Abbas charged excessive commissions and engaged in excessive and unauthorized trading…
Michelle Liao Wu of San Jose, California, a stockbroker registered with Principal Securities Inc., has been fined $5,000.00 and suspended for 20 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Wu engaged in unauthorized or discretionary trading. Letter of Acceptance, Waiver, and Consent No. 2022074969501 (June 16, 2023)….
Patrick Thomas Gilbride of Brooklyn, New York, a stockbroker registered with Edward Jones, was the subject of a customer initiated investment related complaint that was settled on October 13, 2022, for $5,190.00 in damages based upon allegations that Gilbride engaged in unauthorized trading in mutual funds when Gilbride was registered with Edward Jones. This is…
Bryan Edward Davidson of Scottsdale, Arizona, a stockbroker registered with LPL Financial LLC, is the subject of a customer initiated investment related complaint filed on December 26, 2022, in which the customer requested compensation based upon allegations that Davidson mismanaged the customer’s account during the time that Davidson was associated with LPL Financial LLC. The…
Matthew Eric Platnico of New York, New York, a stockbroker registered with Allied Millennial Partners LLC, has been fined $10,000.00 and suspended for nine months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Platnico engaged in unsuitable and unauthorized trading in a customer’s account. Letter of Acceptance, Waiver, and…
William Benjamin Greenman of Bellmore, New York, a stockbroker registered with Equitable Advisors LLC, has been discharged by the securities broker dealer on November 21, 2022, based upon allegations that Greenman was the subject of a customer complaint. Public Disclosure reveals that on November 14, 2022 – a week prior to the termination – a…
Kenneth Joseph Fisher III of Sewickley, Pennsylvania, a stockbroker registered with RBC Capital Markets LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $10,142.17 in damages based upon allegations that Fisher breached his fiduciary duties in connection with the recommendation and sale of stocks when…
David Jonathon Feigeles of Melville, New York, a stockbroker registered with Oppenheimer Co. Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $3,500,000.00 in damages based upon allegations that Feigeles breached his fiduciary duties, breached a contract, converted funds, was negligent, failed to supervise certain…
Lon Charles Faccini Jr. of Coram, New York, a stockbroker registered with Arive Capital Markets, 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 Faccini engaged in excessive and unsuitable trading and had inappropriately used margin in customer accounts. Letter of…
Michael Ciro Colletti of Glen Cove, New York, a stockbroker registered with The Investment Center Inc., is the subject of an enforcement action initiated by FINRA in which the regulator is seeking sanctions against Colletti based upon allegations that Colletti engaged in unauthorized and unsuitable trading. Department of Enforcement v. Colletti, Complaint No. 2019061942901 (February…
Mitchell Charles Barnes (also known as Mitch Barnes), of Louisville, Kentucky, a stockbroker registered with Northwestern Mutual Investment Services LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $87,374.00 in damages based upon allegations that Barnes engaged in unauthorized trading in a trust account without…
Shahab Seyedshahab Tagnavidinani (also known as Shahab Dinani, Sean S. TagnaviDinani, and as Sean Tag), of Irvine, California, a stockbroker registered with Park Avenue Securities LLC, has been fined $5,000.00 and suspended for 45 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because TagnaviDinani engaged in unauthorized trading. Letter…
William Lee Notrica of Newport Beach, California, a stockbroker registered with RBC Capital Markets LLC, has been discharged by the securities broker dealer on January 20, 2022, based upon allegations that Notrica engaged in discretionary trading. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Notrica is referenced in nine customer initiated investment related disputes concerning…
Andrew Justin Grant (also known as Andy Grant), of Melville, New York, a stockbroker registered with Laidlaw Company (UK) Ltd., 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 Grant engaged in unauthorized trading during the time that he was associated…
David Earl Kimbler of Ferndale, Washington, a stockbroker registered with Securities America Inc., was the subject of a customer initiated investment related complaint filed on November 14, 2022, in which the customer requested compensation based upon allegations that Kimbler withdrew customer funds without authorization and engaged in unauthorized trading during the time that Kimbler was…
Eric Francis Rapczyk of Melville, New York, a stockbroker registered with National Securities Corporation, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $17,500.00 in damages based upon allegations that Rapczyk made unsuitable recommendations of private placements during the time that Rapczyk was associated with National Securities…
Miche D. Jean of Rockville, Maryland, a stockbroker registered with Morgan Stanley, is the subject of an enforcement action initiated by FINRA in which the regulator is seeking sanctions against Jean based upon allegations that Jean failed to provide information and documents and failed to testify during the time that FINRA investigated the stockbroker for…
Patrick Keith Sloan of Kewanee, Illinois, a stockbroker registered with LPL Financial LLC, has been fined $10,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Sloan committed forgery, caused the securities broker dealer to maintain false records or books, and engaged in unauthorized or…
Todd Anthony Cirella of Melville, New York, a stockbroker registered with Laidlaw Company Ltd., 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 Cirella made unsuitable recommendations and engaged in churning or excessive trading. Letter of Acceptance, Waiver, and Consent No….
Joseph Michael Fedorko Jr., of Greenwich, Connecticut, a stockbroker registered with Laidlaw Company Ltd., has been fined $7,500.00 by Connecticut’s Banking Commissioner because Fedorko engaged in excessive and unauthorized trading and engaged in business as an unregistered investment adviser agent. Case No. CO-22-20225-S (May 17, 2022). Fedorko has also been fined $7,500.00 and suspended for…
Leonid Yurovsky (also known as Lenny Yurovsky), of Mineola, New York, a stockbroker registered with Joseph Stone Capital LLC., has been suspended for five months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Yurovsky engaged in excessive and unsuitable trading. Letter of Acceptance, Waiver, and Consent No. 2020066888401 (December…
David Earl Kimbler of Ferndale, Washington, a stockbroker registered with Securities America Inc., was the subject of a customer initiated investment related complaint filed on November 14, 2022, in which the customer requested compensation based upon allegations that Kimbler engaged in unauthorized trading and withdrew funds without authorization when Kimbler was associated with Securities America…
William Joseph Conn (also known as Bill Conn), of San Francisco, California, 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 between $1,000,000.00 and $5,000,000.00 in damages based upon allegations that Conn made unsuitable recommendations, made omissions of…
Joel Christopher Riedel of Lockport, New York, a stockbroker registered with NYLIFE Securities LLC, has been fined $10,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he engaged in unauthorized trading and mismarked an order ticket when he was…
Robert Allen Koestler (also known as Bob Koestler), of Prairie Du Chien, Wisconsin, a stockbroker registered with LPL Financial LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Koestler failed to testify during the period that FINRA investigated the stockbroker for possible violations of FINRA rules….
David Lau (also known as David Luu), of Santa Rosa, California, a stockbroker registered with Morgan Stanley, has been fined $6,000.00 and suspended for twenty days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Lau engaged in unauthorized trading. Letter of Acceptance, Waiver, and Consent No. 2021070917301 (November 18,…
Patrick Anthony Perugino II (also known as Pat Perugino) of New York, New York, a stockbroker formerly registered with Spartan Capital Securities LLC, 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 Perugino engaged in unauthorized trading. Letter of Acceptance, Waiver,…
Richard Foerster Reynolds of Garden City, New York, a stockbroker registered with Worden Capital Management LLC, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $100,000.00 in damages based upon allegations that Reynolds made unsuitable investment recommendations, engaged in unauthorized trading, churned the customer’s accounts, committed fraud,…
Mark Fred Augusta (also known as Mark Fredrick Augusta), of Cardiff, California, a stockbroker registered with Hilltop Securities Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $24,999.00 in damages based upon allegations that Augusta engaged in unauthorized trading and made unsuitable investment recommendations when Augusta…
Chad Edward Allen of New York, New York, a stockbroker registered with Oppenheimer & Co. Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $50,000.00 in damages based upon allegations that Allen committed fraud, engaged in excessive and unauthorized trading, made unsuitable recommendations, and failed to…
Brian Robert Roth of Morristown, NJ, 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 $1,500,000.00 in damages based upon allegations that Roth made misrepresentations and omissions of material fact and failed to supervise certain registered representatives in connection…
Sean T. Sullivan of Melville, NY, a stockbroker registered with Aegis Capital Corp., is the subject of a customer initiated investment related complaint filed on October 21, 2022, in which the customer requested compensation based upon allegations that Sullivan made unsuitable investment recommendations when Sullivan was associated with Aegis Capital Corp. FINRA Public Disclosure shows…
Albert Foronda of New York, NY, a stockbroker registered with Worden Capital Management LLC, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $50,000.00 in damages based upon allegations that Foronda breached his fiduciary duties, breached a contract, and was negligent in connection with the recommendation and…
Regan Allen Rohl, of Fargo, ND, a stockbroker registered with Wells Fargo Advisors Financial Network LLC, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $2,025,000.00 in damages based upon allegations that Rohl engaged in unauthorized trading and made unsuitable recommendations of Master Limited Partnerships “MLPs” during…
Tim Russell Gerds (also known as Tim Gerds), of Hubertus, WI, a stockbroker registered with J.W. Cole Financial Inc., was the subject of a customer initiated investment related complaint that was settled on August 16, 2021, for $50,000.00 in damages based upon allegations that Gerds engaged in unauthorized trading and charged excessive fees in connection…
Bernard F. Jasmin (also known as Berny Francis and Berny Jazz), of New York, NY, a stockbroker registered with Empire Asset Management Company, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $4,800,000.00 in damages based upon allegations that Jasmin committed fraud, churned the customer’s accounts,…
Christopher John Shaw (also known as Chris Shaw), of Belmont, North Carolina, a stockbroker registered with Pruco Securities LLC, has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Shaw engaged in unauthorized trading. Letter of Acceptance, Waiver, and Consent No. 2020067955001 (November 7, 2022)….
M. B. Schreiber (also known as Mickey Schreiber), of Red Bank, New Jersey, a stockbroker registered with Aegis Capital Corp., 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 Schreiber engaged in unauthorized trading. Letter of Acceptance, Waiver, and Consent No….
Mason Wayne Gann of Dallas, Texas, a stockbroker registered with Berthel Fisher Company Financial Services Inc., was the subject of a customer initiated investment related complaint that was settled on June 4, 2020, for $4,500.00 in damages based upon allegations that Gann made unsuitable recommendations of stocks when Gann was associated with Berthel Fisher Company…
Edward Joseph Rudiger Jr., of New York, New York, a the Chief Executive Officer of Reid Rudiger LLC, is the subject of a customer initiated investment related complaint filed on August 8, 2022, in which the customer requested damages based upon allegations that Rudiger charged excessive commissions and engaged in the unauthorized trading of over-the-counter…
Bradley S. Lay (also known as Brad Lay), of Franklin, Tennessee, a stockbroker registered with Raymond James Associates Inc., is the subject of an investigation initiated by Tennessee Department of Commerce and Insurance on March 29, 2022, into allegations that Lay failed to disclose a prior regulatory enforcement action. Financial Industry Regulatory Authority (FINRA) Public…
James J. Mariani of Mineola, New York, a stockbroker registered with Aegis Capital Corp., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $50,000.00 in damages based upon allegations that Mariani made unsuitable recommendations, engaged in excessive and unauthorized trading, breached his fiduciary duties, was negligent, and…
Richard Clarence DeYoung Jr. of St. Louis, Missouri, a stockbroker registered with Wells Fargo Clearing Services LLC, was the subject of a customer-investment related complaint filed on March 12, 2020, in which the customer requested compensatory damages based upon allegations that DeYoung engaged in unauthorized trading in the customer’s Wells Fargo account. This is not the…
James Baroutas of New York, New York, a stockbroker registered with B. Riley Wealth Management, 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 Baroutas engaged in unauthorized trading and other misconduct in connection with…
Frederick Lanfear Browne of Radnor, Pennsylvania, a stockbroker registered with Janney Montgomery Scott LLC has been discharged by the securities broker dealer based upon allegations that Browne engaged in authorized trading by effecting trades in customer accounts without their prior authorization. This is not the first time that Browne has been terminated by a securities…
Wynston Hill Capital LLC was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer was awarded $476,676.85 in damages. The Statement of Claim alleges unsuitable recommendations, the overconcentration of the customer’s account, unauthorized trading, fraud, and failure to supervise in connection with the sale…
Miche D. Jean of Rockville, Maryland, a stockbroker registered with Morgan Stanley, has been fined $10,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity for two months based upon allegations that Jean engaged in unauthorized trading in his customer accounts. FINRA Enforcement (AWC) No. 2020068648601 (Sept. 26, 2022)….
John Michael Lopinto of New York, New York, a stockbroker registered with Worden Capital Management LLC has been fined $7,500.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity for nine months based upon allegations that Lopinto engaged in the excessive and unauthorized trading of his customer accounts. FINRA…
Praxedes Russi of Garden City, New York, a stockbroker registered with Worden Capital Management LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $15,974.00 in damages based upon allegations that Russi churned the customer’s account, charged the customer excessive commissions, made unauthorized…
Nicholas James Schiano of New York, New York, a stockbroker registered with Spartan Capital Securities LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $350,343.10 in damages based upon allegations that Schiano churned the customer’s account, made unsuitable investment recommendations, breached…
Michael Brandon Stalcup, of Little Rock, Arkansas, an investment advisor representative with Magann Capital Corp, is the subject of an enforcement action initiated by Arkansas Securities Department in which the regulator is seeking sanctions against Stalcup based upon allegations that Stalcup made unsuitable recommendations of inverse or leveraged ETFs. (Feb. 11, 2022). Financial Industry Regulatory…
Joseph Paul Todaro, of Melville, New York, a stockbroker registered with SW Financial, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $194,599.73 in damages based upon allegations that Todaro engaged in excessive trading, charged the customer excessive commissions, and engaged in…
Ronald Robert Walchack (also known as Ron Walchack), of Sewickley, Pennsylvania, 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 Walchack failed to testify when FINRA investigated the stockbroker for possible violations of FINRA rules. Case No. 2021072021501 (Sept….
Eugene Arthur McAdams of Center Moriches, New York, a stockbroker formerly registered with Joseph Stone Capital LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because McAdams failed to comply with a FINRA investigation relating to his investment recommendations during the time that he was associated with…
Edward Lawrence Turley (also known as Ed Turley) of San Francisco, California, a stockbroker formerly registered with J.P. Morgan Securities LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $55,615,696.00 in damages based upon allegations that Turley effected unauthorized and unsuitable transactions and made misrepresentations…
Thomas Caine Shultz of Scottsdale, Arizona, a stockbroker formerly registered with Coastal Equities Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages based upon allegations that Shultz failed to perform due diligence and made unsuitable recommendations with regard to the sale of direct…
Stephen Patrick Tosha of Dallas, Texas, a stockbroker currently registered with Merrill Lynch Pierce Fenner Smith Incorporated, is the subject of a customer initiated investment related complaint on February 25, 2022, in which the customer requested compensatory damages based upon allegations that Tosha engaged in unauthorized trading in connection with the sale of foreign securities…
Robert Charles Mehlin of Fairfield, New Jersey, a stockbroker formerly registered with Wells Fargo Advisors Financial Network LLC has been fined $7,500.00 and suspended for three months from associating with any FINRA member in any capacity based upon allegations that Mehlin engaged in unauthorized trading and used unauthorized communications devices to correspond with customers. Letter…
Darryl Matthew Cohen of Westlake Village, California, a stockbroker formerly registered with Morgan Stanley, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because he did not comply with an investigation into his use of customer funds. Letter of Acceptance Waiver and Consent No. 2020066797301 (February 16, 2022)….
John Charles Barnes of Naples, Florida, a stockbroker formerly registered with RBC Capital Markets LLC, 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 of Barnes’ unauthorized trading in customer accounts during the time that he was associated with RBC Capital…
Conrad Kenneth Branson of Mill Valley, California, a stockbroker formerly registered with Merrill Lynch Pierce Fenner Smith Incorporated, has been fined $5,000.00 and suspended for 45 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because of Branson’s unauthorized trading in customer accounts during the time that he was associated…
James William Dunn Jr., of Vienna, Virginia, a stockbroker formerly registered with Ameriprise Financial Services Inc., is done, and has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon the refusal to cooperate with a FINRA investigation into allegations of his unauthorized trading. Letter of Acceptance, Waiver,…
Andrew David Schell of Colorado Springs, Colorado, a stockbroker formerly registered with D.A. Davidson Co., is the subject of a customer initiated investment related complaint that was settled on June 22, 2022, for $36,801.00 in damages based upon accusations that Schell made unauthorized options transactions when Schell was associated with D.A. Davidson Co. FINRA Public…
Ahmad Mohamed Maklouf (also known as Ed Maklouf) of New York, New York, a stockbroker currently registered with Spartan Capital Management LLC, is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $350,343.10 in damages based upon allegations that Maklouf churned accounts, breached a fiduciary duty, made unsuitable and…
Patrick Allen English of Phoenix, Arizona, a stockbroker formerly registered with Comerica Securities, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that English refused to cooperate with a FINRA investigation into allegations of unauthorized trading. Letter of Acceptance, Waiver, and Consent No. 2022075677601 (August…
John Dennis Lowry of New York, New York, the owner of Spartan Capital Securities LLC, was identified in a customer initiated investment related FINRA securities arbitration claim which was settled for $75,000.00 in damages because Lowry allegedly breached a fiduciary duty and had recommended unsuitable investments while he was registered with Spartan Capital Securities. Financial…
David Gene Menashe of New York, New York, a stockbroker formerly registered with Allied Millennial Partners LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because he refused to comply with FINRA when he was under investigation for excessive and unsuitable trading. Letter of Acceptance, Waiver, and…
Adam Ray Melville of Sherman Oaks, California, a stockbroker currently registered with Hilltop Securities Inc., is the subject of a customer initiated investment related written complaint on February 13, 2020, in which the customer requested $35,000.00 in damages because Melville allegedly made unauthorized trades involving municipal bonds during the time that he was associated with…
Stephen James Sullivan of New York, New York, a stockbroker formerly registered with Newbridge Securities Corporation, was identified in a customer initiated investment related FINRA securities arbitration claim which was settled for $30,000.00 in damages because Sullivan allegedly made unauthorized, unsuitable, and excessive securities transactions in the customer’s Newbridge Securities Corporation account. Financial Industry Regulatory…
Thomas Duggan of Melville, New York, a stockbroker formerly registered with Aegis Capital Corp, was referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $7,500.00 in damages based upon accusations that Duggan made excessive and unauthorized trades while he was registered with Aegis Capital Corp. Financial Industry Regulatory Authority…
Thomas Michael Hallberg (also known as Tom Hallberg) of Forest Lake, Minnesota, a stockbroker formerly registered with Edward Jones, has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings of Hallberg’s unauthorized trading in a customer’s account when he was registered with Edward…
James A. Parrelly (also known as Jim Anthony Parrelly) of Dearborn, Michigan, a stockbroker formerly registered with Investment Planners Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings of Parrelly’s refusal to comply with a FINRA investigation concerning his potential unauthorized communications relating to…
Paul Itzchak Antevy of North Miami Beach, Florida, a stockbroker registered with FMSBonds Inc., is referenced in a customer initiated investment related FINRA securities arbitration claim which was resolved for $14,999.00 in damages supported by accusations of the customer being misled by Antevy regarding investments in corporate debt while Antevy was employed by FMSBonds. Financial…
William Mark Heiden of Newport Beach, California, a stockbroker formerly registered with Wedbush Securities, is identified in a customer initiated investment related FINRA securities arbitration claim which was resolved for $70,000.00 in damages based upon accusations of unsuitable and unauthorized trading of stocks by Heiden during the time that he was registered with Wedbush Securities…
Robert James D’Andria (also known as Bobby Dandria and Bob Dandria) of Spring Lakes, New Jersey, a stockbroker currently registered with International Assets Advisory LLC, is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $45,000.00 in damages founded on accusations of negligent supervision, fraud, unauthorized trading, breach of…
Robert C. David of Farmington Hills, Michigan, a stockbroker formerly registered with Morgan Stanley Smith Barney LLC, has been fined $15,000.00 and suspended for 20 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he falsified customer account information, overconcentrated customers’ accounts in lower-quality securities, and…
John Joseph Conroy of New York, New York, a stockbroker formerly registered with Andrew Garrett Inc., is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $14,999.00 in damages supported by allegations of negligence and fraud as it pertained to stock trades executed in the customer’s account while Conroy…
Neil David Berlant of Los Angeles, California, a stockbroker formerly registered with DA Davidson Co., has been fined $10,000.00 and suspended for five months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he executed discretionary trades in customer accounts without written authorization and mismarked customer order…
Michael McDermott Sr. of Mobile, Alabama, a stockbroker formerly registered with Wells Fargo Clearing Services LLC, has been suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he engaged in unauthorized trading and had falsified documents during the time that he was registered…
Marc Augustus Reda of New York, New York, a stockbroker formerly registered with Spartan Capital Securities, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that he churned investor accounts and made unauthorized trades when he was employed by Spartan Capital Securities. Department of Enforcement…
Mark Allen Frommer of Chicago, Illinois, a stockbroker formerly registered with Morgan Stanley, is referenced in a customer initiated investment related written complaint on December 3, 2021, in which the customer sought $700,000.00 in damages supported by allegations of unauthorized trading by Frommer when he was registered with Morgan Stanley. Frommer has been identified in…
Eric Edward Nicolassy of Red Bank, New Jersey, a stockbroker formerly registered with Woodstock Financial Group Inc., has been suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Nicolassy engaged in unauthorized trades in customer accounts while he was employed by Woodstock Financial…
William David Hobby of Atlanta, Georgia, a stockbroker formerly registered with UBS Financial Services Inc., is identified in a customer initiated investment related written complaint which was resolved for $229,000.00 on October 2, 2019, supported by allegations of the customer being placed into unsuitable over-the-counter equities when Hobby was employed by UBS Financial Services. According…
Richard Foerster Reynolds of Garden City, New York, a stockbroker formerly registered with Worden Capital Management, is identified in a customer initiated investment related FINRA arbitration claim where the customer sought $1,606,034.39 in damages supported by allegations of breach of fiduciary duty and churning of the customer’s account by Reynolds when he was registered with…
Andrew Bruce Elsoffer of Pepper Pike, Ohio, a stockbroker formerly registered with Stifel Nicolaus Company Incorporated, has been fined $15,000.00 and suspended for two years from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he engaged in unauthorized trading, loaned funds to a Stifel Nicolaus customer, and…
Serge Parakhnevich (also known as Serge Parker) of New York, New York, a stockbroker currently registered with PHX Financial Inc., is the subject of a customer initiated investment related FINRA arbitration claim which was settled for $14,999.00 in damages based upon accusations of breach of fiduciary duty by Parakhnevich concerning over-the-counter equities executed in the…
Michael G. Mancinelli (also known as Michael Mann), a stockbroker formerly registered with Dinosaur Financial Group LLC, has been fined $10,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he engaged in unauthorized trading when he was registered with Dinosaur Financial Group. Letter of…
Sean P. McCabe, of Westbury, New York, a stockbroker formerly registered with Worden Capital Management, is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer sought $330,113.00 in damages supported by accusations of misrepresentation relating to stock trading during the time that McCabe was employed by Worden Capital Management….
John Belk Daughtridge, of Mount Pleasant, South Carolina, a stockbroker formerly registered with Raymond James Associates Inc. and Morgan Stanley, is referenced in a customer initiated investment related written complaint that was resolved on June 1, 2021, for $15,000.00 in compensation to the customer founded on accusations of unauthorized trading by Daughtridge at Morgan Stanley…
Christopher Edward Bond, of Melville, New York, a stockbroker currently registered with National Securities Corporation, has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he engaged in unauthorized trading in National Securities Corporation customer accounts. Letter of Acceptance, Waiver, and Consent No….
Marcious Dickerson (also known as Marty Dickerson), of Livonia, Michigan, a stockbroker currently registered with Centaurus Financial Inc., is referenced in a customer initiated investment related FINRA securities arbitration claim that was resolved for $39,500.00 in compensation to the customer founded on accusations that between March 23, 2020, and June 26, 2020, unauthorized trading of…
Pratul Victor Agnihotri (also known as Pratol Agnihotri), of New York, New York, a stockbroker formerly registered with Spartan Capital Securities LLC and Spartan Capital Management LLC, is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $83,086.81 in damages based upon accusations that between 2013 and 2021, their…
Ronald Scott Bright, of Milwaukie, Oregon, a stockbroker formerly registered with Edward Jones, has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Bright effected unauthorized transactions in customer accounts during the time that he was employed by Edward Jones. Letter of…
Kirk Badii, of Los Angeles, California, a stockbroker formerly registered with UBS Financial Services Inc., is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $3,000,000.00 in damages supported by accusations of mismanagement and unsuitable recommendations concerning alternative investments while Badii was associated with UBS Financial Services. Financial…
Joel Paul Kichline, of Saint Louis, Missouri, a stockbroker formerly registered with Raymond James Associates Inc., has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings of Kichline’s unauthorized trading in Raymond James customer accounts. Letter of Acceptance, Waiver, and Consent No. 2020067473501…
Joseph Brian LaScala Jr. (also known as Joe LaScala Jr.), of Melville, New York, a stockbroker currently registered with Aegis Capital Corp, has been fined $7,500.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings of LaScala’s unsuitable and unauthorized trading in Aegis…
Robert James McNamara, of Albany, New York, a stockbroker formerly registered with Cadaret Grant Co., has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he made discretionary trades without written authorization at Cadaret Grant. Letter of Acceptance, Waiver, and Consent No….
Nathan Gersteen Katz, of Largo, Florida, a stockbroker formerly registered with American Independent Securities Group, is referenced in a customer initiated investment related written complaint on October 28, 2021, in which the customer sought damages supported by allegations of an unsuitable annuity rider being placed on the customer’s annuity, which was intended for the benefit…
Mark Julius Potocsny (also known as Mark Juluis Potocsny), of Madison, Connecticut, a stockbroker formerly registered with Morgan Stanley, was discharged as a stockbroker on April 14, 2021, founded on accusations of his unauthorized trading. According to Morgan Stanley, trades were made by Potocsny without him talking to customers and getting confirmation at the time…
Merrill Lynch Pierce Fenner Smith Inc., a securities broker dealer headquartered in New York, New York, has been censured and fined $1,200,000.00 by Financial Industry Regulatory Authority (FINRA), founded on findings that it failed to comply with FINRA during two misconduct investigations. Letter of Acceptance, Waiver, and Consent No. 2018058015702 (December 20, 2021). According to…
Scott Alan Kaufman, of Wyomissing, Pennsylvania, a stockbroker formerly registered with LPL Financial LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that he failed to comply with FINRA’s investigation into accusations of his improper fixed income trading strategy while he was employed by…
Matthew Alexander Perry, of Columbia, Maryland, a stockbroker formerly registered with Stifel Nicolaus Company Incorporated, is identified in a customer initiated investment related FINRA securities arbitration claim which was resolved for $40,000.00 in damages founded on allegations that between June of 2016 and March of 2019, unauthorized and unsuitable trades were made by Perry when…
Alan Scot Feigenbaum, of Boynton Beach, Florida, a stockbroker formerly registered with Newbridge Securities Corp, has been fined $15,000.00 and suspended for five months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Feigenbaum effected unauthorized trades in customer accounts while he was associated with National Securities…
Bradley S. Lay (also known as Brad Lay), of Columbia, Tennessee, a stockbroker formerly registered with Raymond James Associates Inc., has been fined $7,500.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Lay engaged in unauthorized trading of customer accounts while…
Michael Edward Rulison, of Syracuse, New York, a stockbroker currently registered with Morgan Stanley, is identified in a customer initiated investment related written complaint on August 3, 2020, where the customer sought compensatory damages based upon allegations that unauthorized trades were effected in the customer’s account by Rulison while he was associated with Morgan Stanley…
Clifford Edward Bryan III, of Merrillville, Indiana, a stockbroker formerly registered with Wells Fargo Clearing Services, is referenced in a customer initiated investment related FINRA securities arbitration claim which was resolved for $695,000.00 in damages founded on accusations that Bryan failed to supervise a stockbroker’s recommendations in a customer’s account at Wells Fargo Clearing Services….
Seraphim M. Rine (also known as Sam Rine), of West Palm Beach, Florida, a stockbroker formerly registered with Morgan Stanley, is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $7,000,000.00 in damages based upon accusations of Rine’s unsuitable trading of common and preferred stock and municipal debt…
Alexander Steven Batt, of Vero Beach, Florida, a stockbroker formerly registered with Merrill Lynch Pierce Fenner Smith, is referenced in a customer initiated investment related written complaint that was settled for $51,678.00 in damages on January 21, 2020, founded on accusations of unauthorized trading involving a private equity fund when Batt was associated with Merrill…
George Lance Calhoun (also known as Dick Calhoun) of New York, New York, a stockbroker formerly registered with Laidlaw Company, is referenced in a customer initiated investment related written complaint on December 4, 2019, in which the customer sought $250,000.00 in damages supported by accusations that unauthorized trades were executed in the customer’s account by…
Michael John Ovitt, of Williamsville, New York, a stockbroker formerly registered with Wells Fargo Clearing Services LLC, is referenced in a customer initiated investment related written complaint which was settled for $48,800.00 on February 25, 2020, founded on accusations of Ovitt’s unauthorized trading of Allied Motion stock in the customer’s account between 2017 and 2018…
Michael Philip Capolongo, of Garden City, New York, a stockbroker formerly registered with Worden Capital Management, is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $330,113.00 in damages based on allegations that Capolongo breached a fiduciary duty regarding common and preferred stock transactions during the period that he…
Michael John Giovannelli (also known as Michael Anthony Giovannelli), of Garden City, New York, a stockbroker formerly registered with Spartan Capital Securities, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to a Default Decision containing findings that Giovannelli engaged in unauthorized trading and had falsified documents…
Thomas Duggan, of Melville, New York, a stockbroker formerly registered with Aegis Capital Corp, is the subject of a customer initiated investment related FINRA securities arbitration claim which was resolved for $7,500.00 in damages based on allegations of excessive trading by Duggan while he was employed by Aegis Capital Corp. Financial Industry Regulatory Authority (FINRA)…
Albert Lewis DeGaetano, of Independence, Ohio, a stockbroker formerly registered with Edward Jones, has been fined $7,500.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded upon findings that DeGaetano made unauthorized trades in customer accounts when he was registered with Edward Jones. Letter of…
Yann C. Faho (also known as Jann C. Faho and as John Faho), of New York, New York, a stockbroker currently registered with Aegis Capital Corp, is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer sought $180,000.00 in damages based upon allegations of unsuitable trading by Faho which…
Jamal Hiram Sampson (also known as Jay Sampson), of Red Bank, New Jersey, a stockbroker formerly registered with First Standard Financial Company, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $146,599.00 in damages founded on accusations of excessive turnover and commissions because of Sampson’s stock…
Keith Lawton James Connolly, of Melville, New York, a stockbroker formerly registered with Aegis Capital Corp, is referenced in a customer initiated investment related FINRA securities arbitration claim which was resolved for $45,000.00 in damages based upon allegations of unsuitable trading by Connolly during the period that he was registered with Aegis Capital Corp. Financial…
Brandie June Becker Osburn (also known as Brandie Becker Osburn) of Glen Allen Virginia a stockbroker currently registered with Pruco Securities is the subject of a customer initiated investment related written complaint on February 3, 2020, in which the customer sought $142,000.00 in damages supported by accusations that an unauthorized transaction was effected in their…
Trevor Bradner Rahn of Los Angeles California a stockbroker formerly registered with JP Morgan Securities LLC is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $1,000,000.00 in damages based on allegations of Rahn’s unsuitable stock trades while he was associated with JP Morgan Securities. Financial Industry Regulatory Authority…
Scott Neil Hananel of Melville New York a stockbroker formerly registered with Aegis Capital Corp is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages founded upon accusations that Hananel executed unsuitable securities transactions during the time that he was associated with Aegis Capital Corp. Financial…
Alan Zelig Appelbaum a stockbroker formerly registered with Aegis Capital Corp is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $550,000.00 in damages supported by allegations that they had been sold unsuitable structured products when Appelbaum was registered with Aegis Capital Corp. Financial Industry Regulatory Authority (FINRA) Arbitration…
Spartan Capital Securities a securities broker dealer headquartered in Manhattan New York—along with John D. Lowry (co-founder and CEO of Spartan) and Kim M. Monchik (CCO of Spartan)—have been charged by Financial Industry Regulatory Authority Department of Enforcement with failing to disclose reportable events concerning Spartan stockbrokers, including customer complaints and arbitrations. Department of Enforcement…
Michael Miles Hartlett (also known as Mike Hartlett) of East Petersburg Pennsylvania a stockbroker formerly registered with LPL Financial LLC has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that he engaged in unauthorized trading of a customer’s account when he was…
Jennifer Ann Ayers (also known as Jenny Ayers and as Jennifer Ann Glow) of Roanoke Virginia a stockbroker formerly registered with Allstate Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that she failed to cooperate with a FINRA investigation regarding her…
Stephen John Ferencik (also known as Stephen John Ferencilz) of Atlanta Georgia a stockbroker currently registered with Arkadios Capital is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $200,000.00 in damages based upon allegations of unsuitable alternative investment transactions by Ferencik and Arkadios Capital between 2017 and…
Jeffrey Allen Russell of Newport Beach California a stockbroker formerly registered with Morgan Stanley has been discharged as stockbroker on May 26, 2021. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Russell allegedly made unauthorized transactions in customer accounts. Morgan Stanley alleges that he did not have pre-trade customer authorization for transactions involving money…
Christopher Rice Callagy of New York New York a stockbroker formerly registered with Aegis Capital Corp is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $180,000.00 in damages based on accusations of poor investment performance during the time that Callagy was associated with Aegis Capital Corp. Financial…
William Joseph Conn (also known as Bill Conn) of San Francisco California a stockbroker formerly registered with JP Morgan Securities LLC is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer sought $2,000,000.00 in damages founded upon allegations that between 2012 and 2018, Conn effected unauthorized transactions while…
Thomas Boley Hunt of Twin Falls Idaho a stockbroker currently registered with Wells Fargo Advisors is the subject of a customer initiated investment related written complaint which was resolved for $20,000.00 in damages on July 22, 2020 supported by allegations that Hunt’s transactions at Wells Fargo Advisors were not suitable for the customer. Hunt has…
Shirley Ellen Washam (also known as Shirley Ellen Davis and as Shirley Ellen Mazzanti) of Little Rock Arkansas a stockbroker formerly registered with Raymond James Associates Inc. is referenced in a customer initiated investment related written complaint which was resolved for $45,000.00 in damages on December 9, 2020 founded on allegations of an unauthorized annuity…
Christopher Joseph Nelson of Brandon South Dakota a stockbroker formerly registered with Wynston Hill Capital LLC has been fined $5,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Nelson falsified the records of Wynston Hill concerning trades in customer accounts. Letter…
Jordan David Samelson of Huntington New York a stockbroker currently registered with Wells Fargo Clearing Services LLC is the subject of a customer initiated investment related FINRA securities arbitration claim which was settled for $200,000.00 in damages supported by accusations of unauthorized trades during the period that Samelson was associated with Wells Fargo Clearing Services….
Cynthia Diane Cowden (also known as Cynthia Case) a stockbroker formerly registered with NPB Financial Group LLC is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer sought $300,000.00 in damages based upon allegations of the violation of federal and state securities laws and the breach of a fiduciary…
Charles Scott Burford (also known as Scott Burford) of Dallas Texas a stockbroker formerly registered with Hilltop Securities Independent Network Inc. (now known as Momentum Independent Network Inc.) has been charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement with making unauthorized trades in a customer’s account when he was employed by Hilltop Securities….
Douglas Keith Ellman of Boca Raton Florida a stockbroker currently registered with Shearson Financial Services is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested unspecified damages founded upon allegations that Ellman placed them into inappropriate common and preferred stock between February of 2019 and November of…
James Edward Lyons of Shreveport Louisiana a stockbroker formerly registered with Raymond James Associates Inc. is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer sought $1,000,000.00 in damages founded on allegations of Lyons’ unsuitable trading of sector-specific investments and direct investments while he was associated with Raymond James…
Joseph Augustien Lianzo of Melville New York a stockbroker formerly registered with Laidlaw Company (UK) Ltd. has been suspended for eight months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Lianzo made excessive and unauthorized trades in customers’ accounts when he was associated with Laidlaw Company….
Kevin Richard Wilson of New York New York a stockbroker formerly registered with Laidlaw Company (UK) Ltd. is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $100,000.00 in damages supported by accusations that they had been sold unsuitable private placements and over-the-counter equities by Wilson during the period…
Jason Lee Seale III of Novato California a stockbroker and investment adviser representative of American Wealth Management Inc. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that unauthorized transactions were executed in the customer’s account by Seale when he was associated…
David John Strnad of Franklin Tennessee a stockbroker formerly registered with Morgan Stanley has been suspended as a stockbroker between July 1, 2019 and December 31, 2020 by Florida Office of Financial Regulation based upon Strnad being sanctioned by Financial Industry Regulatory Authority (FINRA) for unauthorized trading. Case No. 249967-19-AG. FINRA Public Disclosure shows that…
John Mark Ross of Missoula Montana a stockbroker formerly registered with US Bancorp Investments Inc. is the subject of a customer initiated investment related written complaint which was resolved for $127,210.30 in damages on January 9, 2019 founded on allegations of unauthorized trading by Ross while he was associated with Wells Fargo Advisors. According to…
Rick Douglas Konecny of Chicago Illinois a stockbroker formerly registered with JP Morgan Securities LLC is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $200,000.00 in damages based upon allegations that unsuitable transactions were affected in customer accounts by Konecny when he was associated with JP Morgan Securities….
Walter Morrow Allen of Suffield Connecticut a stockbroker formerly registered with Cetera Advisors LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he neglected to produce documents and information for FINRA during the course of the regulator’s investigation into Allen’s trading in the…
Dominic Anthony Tropiano of Cleveland Ohio a stockbroker formerly registered with America Northcoast Securities Inc. has been barred by Securities and Exchange Commission (SEC) from being a stockbroker or investment adviser representative based on accusations that Tropiano effected unauthorized and unsuitable transactions in customer accounts causing customers to experience more than $1,000,000.00 in losses. SEC…
Hugues Guirand of Virginia Beach Virginia a stockbroker formerly registered with Woodstock Financial Group Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by a FINRA Office of Hearing Officers Default Decision containing findings that Guirand did not cooperate with FINRA in an investigation relating to…
Gilbert Anthony Kuta of Timonium Maryland a stockbroker formerly registered with Capitol Securities Management Inc. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that Kuta executed trades in customer accounts without authorization while he was associated with Capitol Securities Management. Letter…
Cristiano Tempo Castellini of Beverly Hills California a stockbroker formerly registered with Merrill Lynch Pierce Fenner Smith Inc. is referenced in a customer initiated investment related written complaint on February 9, 2021 in which the customer requested compensatory damages based upon accusations that Castellini effected unauthorized trades in the customer’s account during the period that…
Roy Joseph Failla of Red Bank New Jersey a stockbroker formerly registered with First Standard Financial Company LLC has been fined $15,000.00 and suspended for 45 days from being a stockbroker in New Jersey according to a Consent Order containing findings that Failla executed unsuitable and excessive trades in customer accounts while Failla was associated…
Levi B. Robinson of Anchorage Alaska a stockbroker currently registered with UBS Financial Services Inc. has been referenced in a customer initiated investment related written complaint which was settled for $125,000.00 in damages on December 6, 2018 founded on accusations of misrepresentations by the stockbroker in regard to hedging and selling a customer’s investments. According…
Timothy Joseph Cunningham of White Plains New York a stockbroker formerly registered with JP Morgan Securities LLC and JP Morgan Chase Bank has been discharged on June 18, 2020 founded on allegations of Cunningham making unauthorized trades in a customer’s account. According to JP Morgan, Cunningham executed the sale of a security from the customer’s…
Daniel E. Jossen (also known as Dan Jossen) of Bethesda Maryland a stockbroker formerly registered with NYLife Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Jossen failed to cooperate with FINRA’s requests when he was investigated by the regulator for unauthorized…
Nathan Gersteen Katz of Largo Florida a stockbroker formerly registered with American Independent Securities Group LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings of Katz refusing to cooperate with FINRA when he was investigated for potentially making unsuitable recommendations and effecting trades without…
Matthew Alexander Perry (also known as Alex Perry) of Columbia Montana a stockbroker formerly registered with Stifel Nicolaus Company incorporated has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he refused to cooperate with FINRA when he was investigated for a customer complaint regarding…
Roger Lowell Wilkie of Overland Park Kansas a stockbroker and investment adviser representative of Wells Fargo Clearing Services has been discharged from employment on March 17, 2021 founded on accusations of Wilkie being involved in an unauthorized transaction involving the liquidation of securities from a customer’s account. Wilkie has been identified in six customer initiated…
Adam Thomas Marquardt of Rochester Minnesota a stockbroker formerly registered with Wells Fargo Advisors Financial Network has been terminated on July 22, 2020 founded on accusations that he executed unauthorized transactions to address losses incurred by customers. Financial Industry Regulatory Authority (FINRA) Public Disclosure also confirms that Marquardt is referenced in a customer initiated investment…
Joel Lansat of Palm Beach Gardens Florida a stockbroker currently registered with Merrill Lynch Pierce Fenner Smith Incorporated is the subject of a customer initiated investment related written complaint on April 9, 2020 in which the customer sought compensatory damages based upon accusations that unauthorized trades were effected in the customer’s Merrill Lynch investment account…
Michael John Giovannelli of Garden City New York a stockbroker formerly registered with Spartan Capital Securities LLC has been charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement with effecting an unauthorized trade in a customer’s account when Giovannelli was associated with Spartan Capital Securities. Department of Enforcement v. Michael J. Giovannelli Disciplinary Proceeding…
Ricardo Turlan (also known as Ricardo Patricio Perez-Turlan and as Ricardo Patricio Ramirez) of San Antonio Texas a stockbroker formerly registered with UBS Financial Services Inc. has been fined $7,500.00 and suspended for two-months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he effected unauthorized trades…
Matthew Gregory Zanowiak of Lancaster Pennsylvania a stockbroker currently registered with Cadaret Grant Co. Inc. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Zanowiak made unauthorized trades in a customer’s account during the time that he was associated with Cadaret…
Kenneth Leopold Williams of Red Bank New Jersey a stockbroker formerly registered with Paulson Investment Company LLC has been discharged by the securities broker dealer on August 20, 2020 supported by allegations that Williams was not compliant with Paulson’s instructions. According to the claim, customers were provided with private information from Williams against company policy….
John Sebastion Cangialosi of New York New York a stockbroker registered with Worden Capital Management and SW Financial is under a Financial Industry Regulatory Authority (FINRA) investigation in which Cangialosi may face disciplinary action for allegedly making unsuitable recommendations to customers. Case No. 20170564326 (Sept. 15, 2020). According to FINRA Public Disclosure, FINRA recommended for…
Adam Gerard Belardino of Elmsford New York a stockbroker formerly registered with MML Investors Services has been charged by Financial Industry Regulatory Authority (FINRA) with failing to cooperate with an investigation in which he was being examined for possible excessive trading in customer accounts. Department of Enforcement v. Adam Gerald Belardino Disciplinary Proceeding No. 2019062347102…
Alex Gerardo Herrera of Coral Gables Florida a stockbroker formerly registered with UBS Financial Services has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that he failed to comply with an arbitration award or otherwise inform FINRA about his compliance. FINRA Arbitration No. 20-00245 (Aug….
Michael John Giovannelli (also known as Michael Anthony Giovannelli) of Garden City New York a stockbroker formerly registered with Spartan Capital Securities is the subject of a Financial Industry Regulatory Authority (FINRA) investigation in which the regulator made an initial determination to recommend that Giovannelli be sanctioned for engaging in unauthorized trading and for providing…
Scott David Fergang of Paramus New Jersey a stockbroker formerly registered with RBC Capital Markets has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he executed unauthorized trades in a customer’s account. Letter of Acceptance Waiver and Consent No. 2018059478701 (Apr….
PHILADELPHIA (May 27, 2021). The Guiliano Law Group is pleased to announce that a FINRA Securties Arbitration Panel, siting in Atlanta, after a series of lengthy hearings last month, rendered an Final Award in the amount of $1,978,713 for our clients in 18-04008 Executed Award. The Award includes interest, costs and attorney’s fees of $328,540,…
Paul Andrew Spero of Liverpool New York a stockbroker formerly registered with Cadaret Grant Co. Inc. has been fined $5,000.00 and suspended for fifteen days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he effected unauthorized trades in a customer’s account. Letter of Acceptance Waiver and…
Constantinos George Maniatis of Dallas Texas a stockbroker formerly registered with Morgan Stanley has been fined $5,000.00 and suspended for 30 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he effected trades in customer accounts without authorization. Letter of Acceptance Waiver and Consent No. 2019062788601…
Matthew Angelo Siliato of Bronx New York a stockbroker formerly registered with Wynston Hill Capital LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he did not cooperate with FINRA’s investigation into allegations of him making unauthorized and excessive trades. Letter of Acceptance…
Sun Hyung Kim of Los Angeles California a stockbroker formerly registered with Kayan Securities Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he made unauthorized trades in customer accounts and had provided FINRA with misleading and false information when he was investigated…
Kevin David Barton of Vista California a stockbroker currently registered with Crown Capital Securities LP has been fined $17,500.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he took part in outside business activities and had executed unauthorized trades in customer…
Ignacio Erhart Del Campo of Boca Raton Florida a stockbroker formerly registered with Northeast Securities Inc. has been fined $7,500.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Erhart Del Campo executed unauthorized trades in the customer’s account resulting in losses….
Trevor Bradner Rahn of Los Angeles California a stockbroker formerly registered with JP Morgan Securities LLC has been fined $10,000.00 and suspended for 18 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Rahn made unsuitable recommendations and unauthorized trades when he was associated with JP…
Mark Larry Delgadillo of Santa Barbara California a stockbroker formerly registered with DA Davidson Co. has been fined $5,000.00 and suspended for one month from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Delgadillo effected unauthorized trades in a customer’s account. Letter of Acceptance Waiver and Consent…
Corey Alexander Johnson of Melville New York a stockbroker currently registered with Aegis Capital Corp has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Johnson executed unauthorized transactions in customer accounts during the time that he was associated with Aegis Capital…
Kishan Parikh (also known as Sean Parikh) of New York New York a stockbroker formerly registered with Aegis Capital Corp has been charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement with executing unsuitable, excessive and unauthorized trades in the accounts of Aegis Capital Corp customers. Department of Enforcement v. Kishan Parikh Disciplinary Proceeding…
Lang Phu Nguyen of Campton Hills Illinois a stockbroker formerly registered with Edward Jones has been fined $5,000.00 and suspended for 45 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Nguyen executed unauthorized trades in customer accounts when he was associated with Edward Jones. Letter…
Frank Fornshell Venable III of Knoxville Tennessee a stockbroker currently registered with Morgan Stanley has been fined by Tennessee Securities Division based upon Venable having been sanctioned by Financial Industry Regulatory Authority (FINRA) for effecting discretionary trades in customer accounts. Case No. TSD No. 20-013 (June 26, 2020). The Securities Division found Venable to be…
William Lief Collins (also known as Bill Collins) of Birmingham Michigan a stockbroker currently registered with Morgan Stanley is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $800,000.00 in damages supported by accusations that unauthorized trades were executed in the customer’s account between March 1, 2019…
Darrell Anthony Smith Jr of Memphis Tennessee a stockbroker formerly registered with Wells Fargo Clearing Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he failed to cooperate with FINRA personnel during the time that he was investigated for allegedly effecting unauthorized transactions…
Robert Wade LaPietra of New York New York a former stockbroker and investment adviser representative of Aegis Capital Corp is the subject of a customer initiated investment related FINRA securities arbitration claim which was settled for $80,000.00 in damages founded on accusations that an unsuitable investment strategy had been used by the stockbroker during the…
John Frederick Griner of Atlanta Georgia a stockbroker and investment adviser representative of Morgan Stanley has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he enganged in unauthorized trading in customer accounts. Letter of Acceptance Waiver and Consent No. 2019064538201 (Jan….
Michael Allen Kamperman of Waco Texas a stockbroker formerly registered with HD Vest Investment Services is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $300,000.00 in damages supported by allegations that unsuitable over-the-counter equities trades were executed in the customer’s account during the period that Kamperman was associated…
Arthur Obermeier (also known as Art Obermeier) of Boulder Colorado a stockbroker formerly registered with LPL Financial has been fined $5,000.00 and suspended for 60 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Obermeier executed unauthorized trades in the accounts of LPL Financial customers. Letter…
Matthew Eric Platnico of New York New York a stockbroker and investment adviser representative of Allied Millennial Partners LLC is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $1,460,000.00 in damages founded on accusations that unauthorized indexed options trades were executed in the customer’s account because of Platnico…
Ezri Shechter (also known as Eddie Shechter) of Jersey City New Jersey a stockbroker registered with Spencer-Winston Securities Corporation is referenced in a Financial Industry Regulatory Authority (FINRA) investigation on June 17, 2020 in which Shechter’s activities with a customer are being reviewed for possible FINRA violations. FINRA Case No. 20190646958. FINRA Public Disclosure confirms…
Steven Robert Luftschein (also known as Steven Lerner) a stockbroker formerly registered with Aegis Capital Corp has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member according to an Order Accepting Offer of Settlement issued by FINRA Office of Hearing Officers who found that Luftschein had churned customers’ accounts and had made…
Paul Lawrence Fowler Jr. of Washington DC a stockbroker formerly registered with Wells Fargo Clearing Services has been fined $5,000.00 and suspended for one month from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Fowler executed unauthorized trades in a customer’s account when he was associated with…
Jack B. McBride of Plymouth Michigan a stockbroker currently registered with B Riley Wealth Management is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $380,000.00 in damages based upon accusations that the stockbroker provided unsuitable investment advice to the B Riley customer concerning exchange traded funds, stocks and…
Drew R. Mantel (also known as Drew R. Mentel) of Miamisburg Ohio a stockbroker formerly registered with Ameriprise Financial Services has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Mantel executed trades in customers’ accounts on an unauthorized…
Richard Clarence DeYoung Jr. of The Woodlands Texas a stockbroker and investment adviser representative of Wells Fargo Clearing Services is referenced in a customer initiated investment related written complaint on March 12, 2020 in which the customer sought more than $5,000.00 in damages supported by allegations that unauthorized transactions were executed in the customer’s account…
John D. Craft of Philadelphia Pennsylvania a stockbroker formerly registered with Cetera Financial Specialists LLC has been fined $5,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Craft executed trades without authorization. Letter of Acceptance Waiver and Consent No. 2019062964801 (Dec….
Juergen Weber of New York New York a stockbroker formerly registered with Benjamin Jerold Brokerage LLC is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer was awarded $150,000.00 in compensatory damages based on Weber being found liable on the customer’s claims including the violation of California Elder…
Kevin Kimball Meadows of Liverpool New York a stockbroker formerly registered with First Allied Securities and Cape Securities is referenced in a customer initiated investment related written complaint on April 30, 2020 where the customer requested $168,000.00 in damages based upon allegations that transactions executed in the First Allied Securities customer’s account were not suitable…
Anthony John Leopizzi of White Plains New York a stockbroker currently registered with Ameriprise Financial Services is the subject of a customer initiated investment related written complaint which was settled on July 20, 2020 for $27,586.23 in damages based upon allegations of stock being sold from the customer’s Ameriprise Financial Services account without the customer’s…
Jay Clint Tomlinson of New York New York a stockbroker currently registered with RF Lafferty Co. Inc. has been fined $7,500.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that he effected trades in customer accounts without authorization. Letter of Acceptance Waiver…
Timothy David O’Brien of Inver Grove Heights Minnesota a stockbroker formerly registered with Feltl Company has been fined $10,000.00 and suspended for 45 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that O’Brien engaged in unauthorized trading in a customer’s account. Letter of Acceptance Waiver and Consent…
Julian Howard Gingold of New York New York a stockbroker formerly registered with UBS Financial Services is the subject of a customer initiated investment related written complaint on February 25, 2019 where the customer sought more than $5,000.00 in damages founded on allegations that a fiduciary duty that was owed to the customer had been…
Richard Jay Bernstein (also known as Richard Jay Berstein) of Incline Village Nevada a stockbroker and investment adviser representative of Wells Fargo Clearing Services is the subject of a customer initiated investment related arbitration claim which was settled for $15,000.00 in damages based upon allegations that unauthorized trades were executed in the customer’s account and…
Marlon O. Cole of New York New York a stockbroker formerly registered with Spartan Capital Securities is the subject of a customer initiated investment related arbitration claim which was resolved for $20,000.00 in damages based upon accusations of unsuitable margin use and the breach of a fiduciary duty by Cole concerning his over-the-counter equities transactions…
Adam S. Feierstein of Redondo Beach California a stockbroker formerly registered with ProEquities Inc. has been discharged by the securities broker dealer on October 28, 2020 founded on allegations that Feierstein engaged in unauthorized private security transactions and had concealed his communications about securities business from ProEquities. Financial Industry Regulatory Authority (FINRA) Public Disclosure also…
Thomas Wayne Chandler of Fort Lauderdale Florida a stockbroker formerly registered with Kovack Securities Inc. has been terminated from employment on April 3, 2020 founded on allegations that Chandler neglected to abide by procedures and policies of the securities broker dealer in reference to customer accounts. Chandler was associated with Kovack Securities between March 25,…
Michael Christopher Venturino of Melville New York a stockbroker formerly registered with Aegis Capital Corporation is the subject of a customer initiated investment related arbitration claim where the customer sought between $100,000.00 and $500,000.00 in damages supported by accusations that a contract between the customer and the securities broker dealer had been breached and that…
Robert Barnard of Las Cruces New Mexico a stockbroker formerly registered with Principal Securities Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Barnard did not comply with FINRA’s instructions when he was under investigation for effecting unauthorized transactions while associated with Principal…
Nina MacGinn Maines (also known as Nina MacGinn Sander) of Baldwinsville New York a stockbroker and investment adviser representative of Cadaret Grant Co. Inc. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that she engaged in unauthorized transactions during the period…
Paul Francis Seymour of Plattsburgh New York a stockbroker currently registered with Cadaret Grant Co. Inc. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Seymour engaged in unauthorized trading in investor accounts. Letter of Acceptance Waiver and Consent No. 2019061646404 (Oct….
Vincent James Mazza of Jersey City New Jersey a stockbroker formerly registered with National Securities Corporation is the subject of a customer initiated investment related arbitration claim where the customer sought $400,000.00 in damages supported by allegations that unauthorized over-the-counter equities trades were effected in the customer’s account during the time that Mazza was associated…
Marc Augustus Reda of New York New York a stockbroker formerly registered with Spartan Capital Securities LLC has been referenced in a Financial Industry Regulatory Authority (FINRA) investigation in which the regulator has made an initial determination for Reda to face disciplinary action supported by accusations of Reda effecting trades in customer accounts on an…
Douglas William Stopkey of Richmond Virginia a stockbroker formerly registered with Merrill Lynch Pierce Fenner Smith has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that he effected unauthorized trades in customer accounts while registered with Merrill Lynch. Letter of Acceptance Waiver and Consent No….
Jeffrey Allan Broten of Morristown New Jersey a stockbroker formerly registered with First Standard Financial Co. LLC and National Securities Corporation is referenced in a customer initiated investment related arbitration claim in which the customer sought $100,000.00 in damages based upon allegations that over-the-counter equities transactions effected in the customer’s account by the stockbroker failed…
Capital City Securities LLC a securities broker dealer headquartered in Powell Ohio has been censured by Financial Industry Regulatory Authority (FINRA) based upon findings that Capital City failed to supervise the suitability of trades that its stockbrokers effected in customer accounts. Letter of Acceptance Waiver and Consent No. Letter of Acceptance Waiver and Consent No….
Shapour Reza Ejlal of Great Neck New York a stockbroker formerly registered with Aegis Capital Corp. is identified in a customer initiated investment related written complaint which was settled for $17,500.00 in damages on March 1, 2019 based upon accusations that unauthorized transactions were effected in the customer’s account and that the customer was placed…
Deborah Leah Beal of Downers Grove Illinois a stockbroker formerly registered with JP Morgan Securities LLC has been fined $5,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that she engaged in unauthorized transactions in the accounts of JP Morgan Securities customers….
Scott Thomas Wolfrum of Indianapolis Indiana a stockbroker formerly registered with Huntleigh Securities Corporation is the subject of a customer initiated investment related written complaint which was settled for $449,300.00 on April 9, 2019 based upon accusations that the customer was placed into a private placement without authorization in January of 2018 when Wolfrum was…
Katherine S. Clark (also known as Katherine St. Charles) of Chevy Chase Maryland a stockbroker and investment adviser representative of RBC Capital Markets LLC is referenced in a customer initiated investment related complaint on June 9, 2020 in which the customer sought more than $5,000.00 in damages supported by allegations that unauthorized transactions were executed…
Marc Winters of Los Angeles California a stockbroker formerly registered with Wedbush Securities Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that Winters failed to cooperate with FINRA’s request for his information following the stockbroker’s termination from Wedbush Securities. Case No. 2019061943701 (June…
Ramon Arturo Herrera of Jersey City New Jersey a stockbroker and financial advisor formerly registered with Wells Fargo Clearing Services LLC is the subject of a New Jersey Bureau of Securities Order dated October 18, 2019 in which Herrera’s stockbroker and investment adviser representative registrations in the State of New Jersey have been revoked based…
Stephen Paul Florio (also known as Flo Florio and as Florio Paul Stephen) of Fort Lauderdale Florida a stockbroker formerly employed by Raymond James Associates Inc. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Florio effected trades in a Raymond…
Giustino DeStefano (also known as Justin Antonio DeStefano) of Williamsville New York a stockbroker formerly employed by Merrill Lynch and Securities America is the subject of a customer initiated investment related arbitration claim which was settled for $485,000.00 in damages supported by allegations of elder abuse and the violation of California Securities Act. Financial Industry…
Joseph Paul Woitkoski of Pittsfield Massachusetts a stockbroker formerly employed by Raymond James Associates Inc. has been fined $7,500.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Woitkoski initiated unauthorized trades in customer accounts and caused false records and books to be maintained by…
Christopher Allan Swan of Irving Texas a stockbroker formerly registered with BBT Securities LLC is the subject of a customer initiated investment related civil action brought in the District Court of Dallas County Texas in which the customer requested $23,000.00 in damages based upon allegations that 529 accounts and other custodial accounts had been set…
Eugene Nathan Gordon (also known as Gene Gordon) of Palo Alto California a stockbroker currently employed by Fortune Financial Services has been issued an Order of Summary Revocation and Issuance of Restricted License by California Department of Insurance supported by allegations of Gordon having failed to disclose sanctions imposed against him by Financial Industry Regulatory…
Scott David Fergang of Paramus New Jersey a stockbroker formerly employed by RBC Capital Markets LLC has been terminated from employment on June 19, 2019 founded on allegations that trades were facilitated by the stockbroker on a discretionary basis without the stockbroker obtaining written permission from customers or the securities broker dealer. Fergang violated RBC…
Yvonne Marie Nirelli (also known as Yvonne Marie Fifield and as Yvonne Searles) of Canastota New York a stockbroker currently registered with Cadaret Grant Co. Inc. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that she traded in customer accounts at…
Craig Allen Leppien of Traverse City Michigan of Cetera Investment Services has been identified in a customer initiated investment related written complaint on April 16, 2019 in which the customer requested $41,338.66 in damages supported by allegations that the customer’s investment had been switched by Leppien without the customer’s consent during the time that Leppien…
Athanasios Tomaras (also known as Thanasi Tomaras) of Oldsmar Florida a stockbroker formerly employed by Fulcrum Securities LLC and Fulcrum Advisory Services LLC is referenced in a Stipulation and Consent Licensing Order issued by Colorado Division of Securities in which Tomaras was placed on heightened supervision founded on allegations of customer disputes and regulatory infractions…
Eugene James Long (also known as EJ Long) a stockbroker currently employed by Cadaret Grant Co. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he executed unauthorized trades in customer accounts. Letter of Acceptance Waiver and Consent No. 2019061646402 (July…
Dudley Franklin Stephens (also known as Stephen Franklin Dudley) of New York New York a stockbroker formerly registered with Prospera Financial Services and Coastal Equities is the subject of a customer initiated investment related arbitration claim which was resolved for $122,500.00 in damages based upon accusations that the customer had been placed into unsuitable investments…
Jeffrey Scott Olson of Minneapolis Minnesota a stockbroker and financial advisor formerly registered with Stifel Nicolaus is the subject of a customer initiated investment related arbitration claim in which the customer requested $90,000.00 in damages based upon allegations that unauthorized trades were effected in the customer’s account and that the customer received bad investment advice…
Benard Wayne Gann of Tyler Texas a stockbroker formerly associated with LPL Financial LLC has been fined $5,000.00 and suspended for 30 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on his consent to findings that he facilitated an unauthorized transaction in a customer’s account. Letter of Acceptance…
Daniel Patrick Reilly of New York New York a stockbroker formerly employed by Morgan Stanley Smith Barney has been identified in a customer initiated investment related written complaint which was resolved on July 30, 2018 for $40,000.00 in damages founded on accusations that unauthorized equity transactions were executed in the customer’s account between January of…
Jeffrey Allen Baber of Red Bank New Jersey a stockbroker and investment adviser representative formerly registered with First Standard Financial Company is the subject of a customer initiated investment related arbitration claim in which the customer requested unspecified damages based upon allegations that unsuitable equities transactions had been executed by Baber at First Standard Financial…
Robert James McNamara of Albany New York a stockbroker currently associated with Cadaret Grant Co. has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that McNamara facilitated unauthorized transactions in customer accounts during the period in which he was employed by Cadaret Grant. Letter of…
Robert Steven Clarke of Austin Texas a stockbroker employed by National Alliance Securities LLC (also known as NatAlliance) has been issued an Order by Kentucky Department of Financial Institutions in which he has been fined $3,000.00 and suspended as a stockbroker for five months supported by allegations that he facilitated transactions in NatAlliance customer accounts…
Kevin Marshall McCallum of Birmingham Alabama a stockbroker formerly associated with LPL Financial LLC has been referenced in a customer initiated investment related arbitration claim in which the customer requested damages estimated to exceed $5,000.00 supported by allegations that unauthorized transactions were facilitated in the customer’s account during the period in which McCallum was employed…
Terry Au of New York New York a stockbroker formerly employed by WestPark Capital Inc. has been identified in a customer initiated investment related arbitration claim where the customer sought $125,000.00 in damages founded on accusations that a fiduciary duty that was owed to the customer was breached by Au in regard to the customer’s…
Albert Dishner of New York New York a stockbroker formerly associated with Credit Suisse Securities (USA) LLC has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he facilitated unauthorized transactions in the account of a Credit Suisse customer. Letter of Acceptance…
Barry John Hartwyk of Long Beach California a stockbroker formerly registered with RBC Capital Markets LLC has been fined $5,000.00 and suspended for fifteen days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that unauthorized trades had been effected in the customer’s investment account by…
James Hal Heafner (also known as Jim Heafner) a stockbroker formerly registered with Taylor Capital Management Inc. (also known as TCM Securities Inc.) has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity on March 31, 2020 based upon accusations that Heafner failed to cooperate with a FINRA Arbitration…
Robert Silverman of Red Bank New Jersey a stockbroker formerly employed by Cetera Financial Specialists LLC has been fined $10,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on the stockbroker’s consent to findings that he made unauthorized transactions in a customer’s account. Letter…
Evan Richard Wuhl of New York New York a stockbroker currently registered with Wells Fargo Clearing Services is the subject of a customer initiated investment related arbitration claim which was settled for $400,000.00 in damages based upon allegations that stock recommendations which had been made by Wuhl failed to be suitab