Newbridge Securities Corporation, a securities broker dealer headquartered in Boca Raton, Florida, has been censured and fined $50,000.00 by Financial industry Regulatory Authority (FINRA) because Newbridge Securities Corporation failed to supervise certain representatives in connection with the recommendation and sale of LJM Preservation and Growth Fund. Letter of Acceptance, Waiver, and Consent No. 2019061764901 (March…
John Stephen Pronovost of Watertown, Connecticut, a stockbroker registered with Cambridge Investment Research Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $13,284.42 in damages based upon allegations that Pronovost made misrepresentations of material fact in connection with the recommendation and sale of LJM Preservation and…
Geneos Wealth Management, a securities broker dealer headquartered in Centennial, Colorado, has been censured and fined $150,000.00 by Financial Industry Regulatory Authority (FINRA) based upon allegations that it failed to supervise alternative investment transactions, resulting in losses to Geneos Wealth Management customers. Letter of Acceptance, Waiver, and Consent No. 2019061764701 (March 18, 2022). According to…
Triad Advisors LLC, a securities broker dealer headquartered in Atlanta, Georgia, has been censured and fined $195,000.00 by Financial Industry Regulatory Authority (FINRA) based in part on findings that Triad Advisors failed to supervise stockbrokers’ recommendations of alternative mutual funds, including the LJM Preservation and Growth Fund (LJM), which resulted in losses to Triad Advisors’…
John Stephen Pronovost of Watertown Connecticut a stockbroker currently employed by Cambridge Investment Research Inc. is the subject of a customer initiated investment related complaint which was settled for $218,295.00 in damages on October 2, 2019 supported by allegations that mutual fund transactions executed by the stockbroker failed to be suitable. Financial Industry Regulatory Authority…
Daniel Thomas Gamache of Denver Colorado a stockbroker registered with UBS Financial Services Inc. and representative of IFAM Capital has been referenced in a customer initiated investment related written complaint on July 9, 2018 where the customer requested $86,000.00 in damages founded on allegations that Gamache made unsuitable recommendations to the customer concerning mutual funds…