Shane Collins Wilhelm, of Roanoke, Virginia, a stockbroker previously registered with Fortune Financial Services Inc. and Truist Investment Services Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) in any capacity because Wilhelm failed to respond to FINRA’s requests for information. Case No. 2021072674801 (September 5, 2023). Initially, Wilhelm faced a…
Christine Anne Warner (also known as Christine Anne Schneider), of Monaca, PA, a stockbroker registered with Fortune Financial Services Inc., has been fined $5,000.00 and suspended for forty days from associating with any Financial Industry Regulatory Authority (FINRA) member in any principal capacity because Warner failed to supervise certain registered representatives. Letter of Acceptance, Waiver,…
Michael Girard DeLuca (also known as Mike DeLuca) of Beaver Falls, Pennsylvania, a stockbroker registered with Fortune Financial Services Inc., has been fined $5,000.00 and suspended for fifteen days from associating with any Financial Industry Regulatory Authority (FINRA) member in any principal capacity based because DeLuca failed to supervise certain representatives’ annuity exchanges and surrenders….
Michael Giokas of Clarence, New York, a stockbroker registered with Fortune Financial Services Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $15,000.00 in damages based upon allegations that Giokas breached his fiduciary duties, was negligent, breached a contract, violated state securities laws, and violated FINRA…
Michael Murray Knittel (also known as Michael M. Lopez-Knittel), of El Dorado Hills, California, a stockbroker formerly registered with Fortune Financial Services Inc., 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 findings of Knittel’s selling away or engaing in…
Frank Vincent Sapareto of Derry New Hampshire a stockbroker formerly registered with Advisory Group Equity Services Ltd. has been barred by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member in any capacity according to a FINRA Office of Hearing Officers Default Decision containing findings that Sapareto engaged in an undisclosed outside business…
Jonathan Douglas Freeze (also known as Jon Freeze) a former stockbroker of Fortune Financial Services Inc. and representative of Alternative Energy Holdings Inc. has been charged by Securities and Exchange Commission (SEC) with defrauding twenty-five customers through fraudulent promissory notes transactions. Securities and Exchange Commission v. Jonathan D. Freeze et al. Case No. 2:21-cv-720 (June…
Frank Vincent Sapareto of Westport Connecticut a stockbroker formerly registered with Advisory Group Equity Services Ltd. is referenced in a Financial industry Regulatory Authority (FINRA) investigation in which the regulator determined that Sapareto should face disciplinary action for allegedly failing to be truthful during an investigation into his outside business activities. FINRA Investigation No. 20180603797…
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…
Jean Connell Hicks of Saint Petersburg Florida a stockbroker formerly registered with Fortune Financial Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Hicks neglected to furnish documentation and information to FINRA personnel when she was under investigation for borrowing from a customer…
Jonathan Douglas Freeze of Canonsburg Philadelphia a stockbroker formerly associated with Fortune Financial Services Inc. has been referenced in a customer initiated investment related arbitration claim in which the customer requested $175,000.00 in damages supported by allegations of bad promissory notes transactions effected through Freeze during the time that he was registered with Fortune Financial….
Michael Giokas of Clarence New York a stockbroker employed by Fortune Financial Services Inc. has been identified in a customer initiated investment related arbitration claim which has been resolved for $22,000.00 in damages founded on accusations that (1) a fiduciary duty was breached (2) transactions failed to be adequately supervised by the securities broker dealer…
Jonathan Douglas Freeze (also known as Jon Freeze) of Canonsburg Pennsylvania a stockbroker formerly registered with Fortune Financial Services Inc. is referenced in a customer initiated investment related arbitration claim where the customer sought $330,000.00 in damages based upon accusations that Freeze solicited and obtained the customer’s funds for purposes of a direct investment in…
Michael Giokas of Clarence New York is a stockbroker formerly registered with Fortune Financial Services, Inc. who has been 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 of his fraudulent conduct. Letter of Acceptance Waiver and…
Jonathan Freeze, of Canonsburg, Pennsylvania, a stockbroker formerly registered with Fortune Financial Services, Inc., has been 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 Freeze made faulty investment recommendations to customers. Letter of Acceptance, Waiver…
Yinyi Chen of Alhambra, California, a stockbroker with Fortune Securities, Inc., was fined $7,500.00 and suspended for thirty days from association with any Financial Industry Regulatory Authority (FINRA) member in any principal capacity after consenting to findings that she failed to supervise the investment-advisory activities of a Stockbroker’s private securities transactions. Letter of Acceptance, Waiver…