Tag Archives: Cadaret Grant & Co. Inc.

Cadaret Grant Sued By Investors For Suitability

January 19, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Variable Annuites   |   Comments Off on Cadaret Grant Sued By Investors For Suitability

Lee Evan Rosenberg of Boca Raton Florida a stockbroker and investment adviser representative of Cadaret Grant Co. Inc. is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer sought $51,370.67 in damages based upon allegations that Rosenberg sold the customer a variable annuity that was unsuitable when Rosenberg […]

Read More »

FINRA Sanctions Cadaret Grant Stockbroker For Twisting Annuity Policies

December 22, 2020  |   Posted by :   |   Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on FINRA Sanctions Cadaret Grant Stockbroker For Twisting Annuity Policies

Timothy James Pandekakes of Yonkers New York a stockbroker formerly registered with Cadaret Grant Co. has been suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he gave unsuitable investment advice to customers of Cadaret Grant. Letter of Acceptance Waiver and Consent No. […]

Read More »

Cadaret Stockbroker Caught Unauthorized Trading

November 04, 2020  |   Posted by :   |   Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on Cadaret Stockbroker Caught Unauthorized Trading

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 […]

Read More »

Cadaret Grant Stockbroker Admits To Unauthorized Trading

November 04, 2020  |   Posted by :   |   Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on Cadaret Grant Stockbroker Admits To Unauthorized Trading

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. […]

Read More »

Investors Bring FINRA Arbitration Claim Against Cadaret Grant For Breach Of Fiduciary Duty

November 04, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims   |   Comments Off on Investors Bring FINRA Arbitration Claim Against Cadaret Grant For Breach Of Fiduciary Duty

Gerald Roger Dewes of East Amherst New York a stockbroker formerly registered with Cadaret Grant Co. Inc. is the subject of a customer initiated investment related arbitration claim where the customer sought $1,710,000.00 in damages founded on allegations that a fiduciary duty that was owed to the customer had been breached and that the stockbroker […]

Read More »

Cadaret Stockbroker Sanctioned For Unauthorized Trading

August 27, 2020  |   Posted by :   |   Unauthorized Trading   |   Comments Off on Cadaret Stockbroker Sanctioned For Unauthorized Trading

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 […]

Read More »

Cadaret Grant Stockbroker Admits To Unauthorized Trading

July 20, 2020  |   Posted by :   |   Exchange Traded Notes, Inverse/Leveraged ETF Funds, Unauthorized Trading   |   Comments Off on Cadaret Grant Stockbroker Admits To Unauthorized Trading

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 […]

Read More »

Cadaret Grant Stockbroker Sanctioned For Unauthorized Trading

July 11, 2020  |   Posted by :   |   Unauthorized Trading   |   Comments Off on Cadaret Grant Stockbroker Sanctioned For Unauthorized Trading

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 […]

Read More »

FINRA Nails Cadaret Grant For Failures In Pagartanis Ponzi Scheme

July 11, 2020  |   Posted by :   |   Failure To Supervise, Misappropriation of Funds, Ponzi Schemes, Stockbroker Theft   |   Comments Off on FINRA Nails Cadaret Grant For Failures In Pagartanis Ponzi Scheme

Cadaret Grant a securities broker dealer headquartered in Syracuse New York has been censured and fined $200,000.00 by Financial Industry Regulatory Authority (FINRA) based on findings that Cadaret Grant failed to supervise its stockbrokers who engaged in private securities transactions one or more of which was a Ponzi scheme. Letter of Acceptance Waiver and Consent […]

Read More »

Raymond James Stockbroker Sanctioned For Customer Loans

June 24, 2020  |   Posted by :   |   Customer Loans   |   Comments Off on Raymond James Stockbroker Sanctioned For Customer Loans

William Forrest Winchester III (also known as Bill Woods) a stockbroker formerly associated with Raymond James Financial Services has been referenced in a Tennessee Securities Division Consent Order in which Winchester was fined $45,000.00 and subject to heightened supervision requirements supported by findings that Winchester engaged in unethical and dishonest practices by obtaining loans from […]

Read More »

Cadaret Grant Stockbroker Barred In Investigation

April 08, 2020  |   Posted by :   |   Direct Participation Programs, Selling Away and Outside Activities   |   Comments Off on Cadaret Grant Stockbroker Barred In Investigation

Gerald Roger Dewes of East Amherst New York a stockbroker formerly registered with Cadaret Grant Co. Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings of Dewes’ failure to comply with the regulator during an investigation into his possible outside business activities and private […]

Read More »

Cadaret Grant Sanctioned By SEC For Failure To Supervise

Cadaret Grant Co. Inc. a broker-dealer headquartered in Syracuse New York along with its president Arthur Grant and chief compliance officer Beda Lee Johnson and stockbroker Eugene James Long have been named in a Securities and Exchange Commission (SEC) Order Instituting Administrative and Cease-and-Desist Proceedings containing findings of the firm’s failure to supervise its representatives’ […]

Read More »

Invest Financial Blamed For Omissions

September 28, 2018  |   Posted by :   |   Excessive Trading, Investment and Regulatory News   |   0 Comments

James Gordon Durso of Waterloo New York a stockbroker formerly employed by Invest Financial Corporation is referenced in a customer initiated investment related written complaint on January 4, 2016 where the customer sought damages estimated to exceed $5,000.00 supported by accusations that the customer was not made aware of the risks of volatility in her […]

Read More »

Pagartanis Barred For Hindering Ponzi Investigation

Steven Pagartanis of Setauket New York a stockbroker formerly registered with Lombard Securities Incorporated who is barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he obstructed a FINRA investigation into allegations that he misappropriated customer funds and made fraudulent misrepresentations. Letter of Acceptance […]

Read More »

Cadaret Grant Terminates Stockbroker For Selling Away

Steven Pagartanis, of Setauket, New York, a stockbroker formerly registered with Cadaret, Grant & Co., Inc., has been terminated by the firm on March 20, 2017, based on allegations that the firm received a customer initiated investment related arbitration claim pertaining to Pagartanis’ conduct that contained accusations of conversion of the customer’s funds, securities fraud […]

Read More »

Customer Sues Cadaret Grant For Suitability

September 22, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Lee Evan Rosenberg, of Jericho, New York, a stockbroker currently registered with Cadaret, Grant & Co., Inc., is the subject of an investment related arbitration claim filed by the customer on February 2, 2017, where the customer sought $250,000.00 in damages founded upon allegations of suitability in reference to the customer’s mutual fund and annuities […]

Read More »

Cadaret Grant & Company Fined For Sale of Unsuitable Securities

Cadaret, Grant & Co., Inc., a brokerage firm headquartered in Syracuse, New York, and its former registered representative, Charles Lee Deremo, of Eagan, Minnesota, have been censured and fined by Financial Industry Regulatory Authority (FINRA) based upon consenting to findings that Deremo made unsuitable investment recommendations to a firm customer, and the firm failed to […]

Read More »

Cadaret Grant Stockbroker Barred For Fraud And Unsuitable Recommendations

Bernard G. McGee, of Cazenovia, New York, a stockbroker with Cadaret, Grant & Co., Inc. was permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity per a National Adjudicatory Council Decision containing findings that McGee engaged in fraud, unsuitable recommendations, and unauthorized outside business activities. Department of Enforcement v. […]

Read More »

Cadaret Grant Broker Suspended for Unsuitable Recommendations

Douglas William Finlay, Jr., a registered representative with Cadaret Grant, was suspended, fined, and forced to pay disgorgement by the Financial Industry Regulatory Authority after consenting to findings that Finlay engaged in an unsuitable recommendation and execution of a faulty transaction in his firm’s customer account. Letter of Acceptance, Waiver, and Consent, No. 2013035576601 (Apr. […]

Read More »

Cadaret, Grant & Co fined for Supervisory Failures

Cadaret, Grant & Co., Inc., a FINRA member headquartered in Syracuse, NY, offers brokerage services to customers via roughly 935 registered reps throughout over 500 branch offices, and provides a majority of its reps the opportunity to offer insurance to investors not provided via the brokerage firm. The firm was censured and fined $75,000 by […]

Read More »