Tag Archives: Garden State Securities Inc.

Another Woodstock Financial Stockbroker Sanctioned For Excessive Trading

August 26, 2021  |   Posted by :   |   Excessive Trading, FINRA Securities Arbitration, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Another Woodstock Financial Stockbroker Sanctioned For Excessive Trading

Alfonse Joseph Stazzone Jr of Holmdel New Jersey a stockbroker formerly registered with Woodstock Financial Group has been fined $5,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Stazzone made unsuitable and excessive trades in a customer’s account when Stazzone was […]

Read More »

Garden State Stockbroker Barred For Failure to Pay Arbitration Award

September 14, 2020  |   Posted by :   |   Boilerroom Sales, Churning, Securities Arbitration Claims   |   Comments Off on Garden State Stockbroker Barred For Failure to Pay Arbitration Award

Garland Sean James (also known as Gary James) a stockbroker formerly registered with Garden State Securities and Global Arena Capital Corp has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that he neglected to cooperate with the terms of a FINRA Arbitration Award in which […]

Read More »

Garden State Stockbroker Barred In Elder Abuse Investigation

August 27, 2020  |   Posted by :   |   Boilerroom Sales, Customer Loans, Elder Financial Abuse   |   Comments Off on Garden State Stockbroker Barred In Elder Abuse Investigation

Ronald G. Richer of New York New York a stockbroker formerly employed by Garden State Securities is named in a FINRA Department of Enforcement Complaint alleging that Richer had borrowed funds from a customer of the securities broker dealer without its authorization and he then tried to conceal his activities from both Garden State Securities […]

Read More »

Garden State Securities Stockbroker Investigated For Borrowing Money

June 23, 2020  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   Comments Off on Garden State Securities Stockbroker Investigated For Borrowing Money

Ronald G. Richer of New York New York a stockbroker formerly employed by Garden State Securities Inc. has been identified in a Financial Industry Regulatory Authority (FINRA) investigation in which a preliminary determination was made for Department of Enforcement to pursue an enforcement action against Richer based on accusations that he provided false documentation to […]

Read More »

Garden State Securities Sued For Breach Of Fiduciary Duty

Jason Eric Zwibel (also known as Jay Bell Zwibel) of Wellington Florida stockbroker currently employed by Garden State Securities Inc. has been referenced in a customer initiated investment related arbitration claim where the customer sought unspecified damages founded on accusations that (1) a fiduciary duty was breached and (2) common or preferred stocks and mutual […]

Read More »

SEC Bars Garden State Stockbroker For Fraud

Raymond John Pirrello Jr. of Hackensack New Jersey a stockbroker formerly registered with Garden State Securities Inc. has been barred by Securities and Exchange Commission (SEC) from being a stockbroker or investment advisor or otherwise associating with any securities broker dealer or investment adviser based upon a judgment rendered against the stockbroker permanently enjoining him […]

Read More »

Garden State Stockbroker Barred For Failure To Pay Arbitration Award

Alexander Kibrik of New York New York a stockbroker registered with Garden State Securities Inc. has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations of Kibrik failing to comply with the terms of a FINRA Arbitration Award. Case No. 16-03304 (June 12, 2018). FINRA Public […]

Read More »

Garden State Securities Sued For Breach Of Fiduciary Duty

Ronald G. Richer of Red Bank New Jersey a stockbroker currently employed by Garden State Securities Inc. is referenced in a customer initiated investment related arbitration claim which settled for $16,300.00 in damages supported by allegations that (1) fiduciary obligations to the customer were violated and (2) Theravance Inc. put options and stocks executed in […]

Read More »

FINRA Suspends Garden State Broker In Investigation

Garland Sean James (also known as Gary James) of New York New York a stockbroker formerly employed by Garden State Securities Inc. has been suspended by Financial Industry Regulatory Authority (FINRA) in all capacities on December 7, 2018 founded on allegations that James failed to comply with the terms of FINRA Arbitration in which James […]

Read More »

Garden State Broker Fined For Unauthorized Trading

Jonathan William Iraggi of Red Bank New Jersey a stockbroker formerly registered with Garden State Securities Inc. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Iraggi traded in a customer’s account without authorization. Letter of Acceptance Waiver and […]

Read More »

Investors Sue Garden State Securities For Excessive Trading

Cristhian Javier Palacios of Hackensack New Jersey a stockbroker currently employed by Garden State Securities Inc. is referenced in a customer initiated investment related arbitration claim in which the customer sought $298,109.00 in damages founded on accusations that stock and over-the-counter equities trades were effected in the customer’s account on an unsuitable and excessive basis […]

Read More »

Garden State Securities Sued For Breach Of Contract

Alexander Kibrik of New York New York a stockbroker formerly registered with Garden State Securities Inc. and First Merger Capital is the subject of a customer initiated investment related arbitration claim where the customer was awarded $413,045.11 in compensatory damages supported by Kibrik being found liable on the customer’s claims of (1) manipulation (2) negligence […]

Read More »

Garden State Securities Sued For Unsuitable Recommendations

March 16, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Jason Eric Zwibel of Wellington Florida is a stockbroker currently employed by Garden State Securities Inc. who is the subject of a customer initiated investment related arbitration claim, where the customer sought $2,670,750.00 in damages based upon allegations of (1) breach of fiduciary responsibility (2) negligence and (3) suitability relating to over-the-counter equities and stock […]

Read More »

Garden State Securities Sued For Churning

Ronald G. Richer, of New York, New York, a stockbroker currently registered with Garden State Securities, Inc., is the subject of a customer initiated investment related arbitration claim on April 3, 2017, where the customer requested $50,775.00 in damages supported by allegations that from February 2015 to July 2015, Richer effected unsuitable stock transactions in […]

Read More »

Garden State Securities Fined For Failure To Supervise NonTraditional ETF Investments

Garden State Securities, Inc., a brokerage firm headquartered in Red Bank, New Jersey, was censured and fined by Financial Industry Regulatory Authority (FINRA) based upon consenting to findings that the firm, inter alia, failed to supervise its exchange traded fund business. Letter of Acceptance, Waiver and Consent, https://securitiesarbitrations.com/inverse-leveraged-etf-funds/No. 2013035131702 (Apr. 12, 2017). According to the AWC, […]

Read More »

Garden State Securities Named In FINRA Arbitration

Garden State Securities, Inc., a brokerage firm headquartered in Red Bank, New Jersey, has been named in a customer initiated investment related arbitration claim, in which the customer was awarded $142,168.00 in damages on July 5, 2016. The customer’s claim was based upon allegations that the firm breached its fiduciary and contractual duties to the […]

Read More »

Garden State Securities Stockbroker Barred

March 08, 2017  |   Posted by :   |   Boilerroom Sales, Investment and Regulatory News   |   0 Comments

Garland Sean James, of New York, New York, a stockbroker formerly registered with Garden State Securities, Inc., has been permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to provide information to FINRA personnel as requested. Letter No. 2015047471301 (Sept. 13, […]

Read More »

Garden State Securities Stockbroker Terminated For Unsuitable Recommendations

February 14, 2017  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News   |   0 Comments

Tyre Fred Newsome, of New York, New York, a stockbroker with Garden State Securities, Inc., was terminated from employment on April 4, 2016, based upon allegations that he made unsuitable investment recommendations to the firm’s customers concerning investments. Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally reveals that on April 18, 2011, a customer filed […]

Read More »

Garden State Securities Stockbroker Suspended For Unsuitable Recommendations

Adam R. Tau of New York, New York, a registered representative with Garden State Securities, Inc., was fined $7,500 and suspended from association with any Financial Industry Regulatory Authority (FINRA) member in any and all capacities for two months after consenting to findings that Tau had made unsuitable recommendations and engaged in discretionary trading. Letter […]

Read More »