Alan Bartlett Harrison (also known as Bart Harrison), of Trussville, Alabama, a stockbroker registered with Concorde Investment Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $125,000.00 in damages based upon allegations that Harrison was negligent, breached a contract, violated…
Brett Allen Rutherford, of Morehead City, North Carolina, a stockbroker previously registered with Capital Investment Group Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity by FINRA because Rutherford failed to provide documents and information during a regulatory investigation. Letter of Acceptance, Waiver, and Consent No. 2024084337101…
Brittani Corren Schaefer (also known as Brittani Corren Cooper), of St. Louis, Missouri, a stockbroker registered with Arete Wealth Management LLC, is the subject of a customer initiated investment related complaint on January 30, 2025, in which the customer requested $1,200,000.00 in damages based upon allegations that Schaefer made unsuitable investment recommendations when Schaefer was…
Christopher Taylor Harpin, of Essex, Connecticut, a stockbroker registered with Lincoln Financial Securities Corporation (now Osaic FS Inc.), has been fined $5,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Harpin mismarked trades and caused the securities broker dealer to maintain inaccurate records about…
Dan Edward Wagner Jr., of Greenville, South Carolina, a stockbroker registered with Triad Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $189,550.00 in damages based upon allegations that Wagner made the unsuitable investment recommendation of direct investments and real…
David Francis La Grange (also known as David Francis LaGrange), of Winterset, Iowa, a stockbroker registered with Moloney Securities Co. Inc., has been fined $12,500.00 by United States Securities and Exchange Commission (SEC) and ordered to cease and desist violating federal securities laws based upon findings that he made the unsuitable investment recommendation of GWG…
Duncan Gerard MacEachern, of Royal Oak, Michigan, a stockbroker registered with Centaurus Financial Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $50,000.00 in damages based upon allegations that MacEachern made unsuitable investment recommendations and breached his fiduciary duties in connection…
George Edward Hovany, of Vernon Hills, Illinois, a stockbroker registered with Wintrust Investments, is the subject of a customer initiated investment related complaint filed on June 20, 2024, in which the customer requested $366,000.00 in damages based upon allegations that Hovany made misrepresentations of material fact in connection with the sale of structured CDs when…
George Mauae Purdy, of Tulsa, Oklahoma, a stockbroker registered with Cetera Investment Services LLC, was the subject of a customer initiated investment related complaint that settled on April 9, 2025, for $14,300.00 in damages based upon allegations that Purdy made misrepresentations of material fact in connection with the purchase of the “wrong” Certificate of Deposit…
Glenn Allen Donnell, of Crystal River, Florida, a stockbroker registered with Securities America Inc., has been fined $12,500.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Donnell engaged in unauthorized trading and mismarked order tickets to avoid detection. Letter of Acceptance, Waiver, and Consent…
Jason Keith Norton, of Carrollton, Georgia, a stockbroker registered with LPL Financial LLC, is the subject of a customer initiated investment related complaint filed on August 12, 2024, in which the customer requested $81,957.00 in damages based upon allegations that Norton made misrepresentations of material fact in connection with the sale of real estate securities…
Joseph Adam Eisler, of New York, New York, a stockbroker registered with Morgan Stanley, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in all capacities by FINRA because Eisler shared in a customer’s profits and communicated with customers in violation of the securities broker dealer’s policies. Letter of Acceptance, Waiver,…
Kelly Ray Moore, of Houston, Texas, a stockbroker formerly affiliated with Cambridge Investment Research Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Moore did not comply with a request for information during a regulatory investigation. Letter of Acceptance, Waiver, and Consent No. 2023079506301 (April 1,…
Mary Beth Fisher Spuhler (also known as Mary Beth Fisher), of Camp Hill, Pennsylvania, a stockbroker formerly registered with Osaic Wealth Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in all capacities because Spuhler refused to provide information and documents requested as part of a regulatory investigation into her…
Michael Il Yoon, of Los Angeles, California, a stockbroker registered with MML Investors Services LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $405,000.00 in damages based upon allegations that Yoon made the unsuitable investment recommendation of securities and life insurance products,…
Michael William Risko, of Hyde Park, New York, a stockbroker registered with Infinex Investments Inc., was the subject of a customer initiated investment related complaint that was settled on June 7, 2024, for $21,598.31 in damages based upon allegations that Risko failed to execute the customer’s redemption order on real estate securities when Risko was…
Muhammad Rehmatullah Wahdy, of San Francisco, California, a stockbroker formerly registered with Merrill Lynch Pierce Fenner Smith Incorporated, has been fined $10,000.00 and suspended for 15 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Wahdy failed to disclose outside business activities and took part in a private securities…
Norman Hugh Meyer, of St. Louis, Missouri, a stockbroker registered with Vestech Securities Inc., is the subject of a customer initiated investment related complaint filed on July 18, 2024, in which the customer requested $650,000.00 in damages based upon allegations that Meyer made the unsuitable investment recommendation of variable annuities and real estate investment trusts…
Paul Richard McGonigle, of New Bedford, Massachusetts, a stockbroker formerly registered with LPL Financial LLC, has been permanently barred as a stockbroker and in other capacities by United States Securities and Exchange Commission (SEC) based on findings that McGonigle committed fraud, money laundering, and identity theft. In the Matter of Paul R. McGonigle, Order Instituting…
Peter Frederick Reinecke, of Saint Louis, Missouri, a stockbroker registered with Saxony Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $13,000,000.00 in damages based upon allegations that Reinecke made the unsuitable investment recommendation of speculative and risky private placement…
Richard Joseph Perlongo, based in New York and registered with Spartan Capital Securities LLC, has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity for engaging in excessive and unsuitable trading in a customer’s account. Letter of Acceptance, Waiver, and Consent No. 2018056490324…
Robert Lee Anderson III, of Hiawassee, Georgia, a stockbroker registered with Raymond James Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $150,000.00 in damages based upon allegations that Anderson charged excessive fees, mismanaged investment accounts, and made unsuitable investment…
Sean Francis Mostero, of Torrance, California, a stockbroker previously registered with LPL Financial LLC, has been barred by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member in all capacities because Mostero failed to respond to FINRA’s requests for information. FINRA Case No. 2024081064401 (July 19, 2024). FINRA initiated an investigation on March…
Thomas Anthony Rapp, of Morristown, New Jersey, a former stockbroker with M Holdings Securities Inc., has been fined $20,000.00 and suspended for 21 months from associating with any Financial Industry Regulatory Authority (FINRA) member because he engaged in an unauthorized outside business activity and private securities transactions or “selling away.” Letter of Acceptance, Waiver, and…
Thomas David Sharp (also known as Tom Sharp) of Gold River, California, a stockbroker formerly registered with Ameriprise Financial Services LLC, has been fined $10,000.00 and suspended for 45 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Sharp borrowed money from a customer in violation of firm policies….