Tag Archives: Network 1 Financial Securities Inc.

Investors File Arbitration Claim Against Laidlaw

February 16, 2021  |   Posted by :   |   Boilerroom Sales, Excessive Trading, Investment and Regulatory News   |   Comments Off on Investors File Arbitration Claim Against Laidlaw

Jonathan Michael Ebel of Hauppauge New York a stockbroker formerly registered with Laidlaw Company UK Ltd. is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $12,721.00 in damages founded on allegations that Ebel executed excessive trades in the customer’s account at Laidlaw Company. Financial Industry Regulatory Authority […]

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Investors Bring FINRA Arbitration Claim Against Network 1 For Breach Of Fiduciary Duty

November 30, 2020  |   Posted by :   |   Breach of Fiduciary Duty, FINRA Securities Arbitration, Investment and Regulatory News, Securities Arbitration Claims   |   Comments Off on Investors Bring FINRA Arbitration Claim Against Network 1 For Breach Of Fiduciary Duty

Wills Schneider Henriquez (also known as Wills S. Henrtquez) of Brooklyn New York a stockbroker formerly registered with Network 1 Financial Securities Inc. is the subject of a customer initiated investment related arbitration claim which was resolved for $75,000.00 in damages based upon allegations that a fiduciary duty that was owed to the customer had […]

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FINRA Sanctions Network 1 Stockbroker For Churning

November 04, 2020  |   Posted by :   |   Churning, Excessive Trading, Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on FINRA Sanctions Network 1 Stockbroker For Churning

Donatas Belys Vildzius (also known as Donatas Vildzins and as Donatus Vildzins) of Danbury Connecticut a stockbroker formerly employed by Network 1 Financial Securities Inc. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Vildzius executed excessive trades in customer accounts […]

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Joseph Stone Sued By Investors For Negligence

June 08, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims, Stockbroker Negligence, Unauthorized Trading   |   Comments Off on Joseph Stone Sued By Investors For Negligence

David Khezri of Holbrook New York a stockbroker formerly employed by Joseph Stone Capital LLC has been identified in a customer initiated investment related arbitration claim where the customer sought $235,635.00 in damages founded on accusations of negligence and the breach of a fiduciary duty by Khezri as it pertained to stock trades executed in […]

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Network 1 Stockbroker Charged With Lying To FINRA

Raymond Alexander Thomas (also known as Ray Thomas) of Brooklyn New York a stockbroker formerly registered with Network 1 Financial Securities Inc. is the subject of a Financial Industry Regulatory Authority (FINRA) Department of Enforcement Complaint alleging that he engaged in unauthorized outside business activities and that he lied to FINRA personnel to conceal his […]

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Investors File Arbitration Claim Against Network 1 For Breach Of Fiduciary Duty

Patrick Nicholas Teutonico of Seaford New York a stockbroker registered with Network 1 Financial Securities Inc. is the subject of a customer initiated investment related arbitration claim where the customer sought $125,000.00 in damages based upon accusations that (1) private placements lacked appropriate supervision from the securities broker dealerand (2) and that Teutonico breached his […]

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Network 1 Financial Sued For Bad Private Placements Sales

Wesley Owen Clinton of Seaford New York a stockbroker currently registered with Network 1 Financial Securities Inc. is referenced in a customer initiated investment related arbitration claim where the customer sought $145,000.00 in damages based upon allegations that (1) the customer was placed in private placements and over-the-counter equities which were inappropriate given the customer’s […]

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Investors Sue Network 1 For Private Placement Fraud

Patrick Nicholas Teutonico of Seaford New York a stockbroker formerly registered with Network 1 Financial Securities Inc. is the subject of a customer initiated investment related arbitration claim in which the customer sought $145,000.00 in damages based upon accusations that (1) Teutonico effected unsuitable transactions in the customer’s account and (2) Network 1 Financial Securities […]

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FINRA Bars Network One Broker In Investigation

November 23, 2018  |   Posted by :   |   Boilerroom Sales, Investment and Regulatory News   |   0 Comments

John Paul Angelone of Weston Connecticut a stockbroker formerly employed by Network 1 Financial Securities Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Angelone refused to cooperate in a FINRA investigation into his possible violation of federal securities laws. Letter […]

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Network 1 Stockbroker Barred For Obstructing Investigation

Andrew Jason Mandell of Oakland California a stockbroker formerly registered with Network 1 Financial Securities Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to cooperate in a FINRA investigation into accusations of possible violations of federal securities law. […]

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Investors Bring Arbitration Claim Against Salomon Whitney For Churning

August 01, 2018  |   Posted by :   |   Churning, Investment and Regulatory News   |   0 Comments

Andrew Caputo Spaventa of Farmingdale New York a stockbroker formerly employed by Salomon Whitney Financial is the subject of a customer initiated investment related arbitration claim where the customer sought $114,357.00 in damages supported by accusations that Spaventa (1) breached his contractual obligations to the customer (2) effected unauthorized trades in the customer’s account (3) […]

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FINRA Fines Network 1 Broker For Unauthorized Trading

June 30, 2018  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Will S. Schneider Henriquez of Brooklyn New York a stockbroker formerly registered with Network 1 Financial Securities Inc. has been fined $7,500.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he mismarked customer order tickets and placed unauthorized trades in customers’ accounts. […]

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FINRA Bars Stockbroker For Obstructing Investigation

Jeffrey David Snyder of Danbury Connecticut is a stockbroker formerly registered with Network 1 Financial Securities 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 failed to cooperate in a FINRA investigation into accusations of Snyder settling a customer […]

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Network 1 Financial Sued For Excessive Trading

November 28, 2017  |   Posted by :   |   Churning, Excessive Trading   |   0 Comments

Patrick Nicholas Teutonico of Lynbrook, New York, a stockbroker registered with Network 1 Financial Securities, Inc., is the subject of a customer initiated investment related arbitration claim, in which the customer requested $73,650.00 in damages based upon accusations that Teutonico effected excessive trading in over-the-counter equities in the customer’s investment account. Financial Industry Regulatory Authority (FINRA) […]

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Network 1 Financial Broker Loses FINRA Arbitration Case

November 20, 2017  |   Posted by :   |   Securities Arbitration Claims   |   0 Comments

Shane Joseph Melito, of Syosset, New York, a stockbroker currently registered with Network 1 Financial Securities Inc., is the subject of a customer initiated investment related arbitration claim, in which the customer was awarded $51,549.00 in damages based on Melito having been found liable for effecting unsuitable transactions in the customer’s account and for breaching […]

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Customer Sues John Thomas Financial For Suitability

November 07, 2017  |   Posted by :   |   Boilerroom Sales   |   0 Comments

Johnnie Melvin Jones, of New York, New York, a stockbroker formerly registered with John Thomas Financial, has been named in a customer initiated investment related arbitration claim wherein the customer requested $112,000.00 in damages based upon allegations of breach of fiduciary duty, suitability and misrepresentation regarding over-the-counter equities transactions executed in the customer’s investment portfolio. […]

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Network One Financial Securities Subject of Another Unsuitability Claim

Wesley O. Clinton, of Lynbrook, New York, a stockbroker with Network One Financial Securities Inc., is subject to a customer dispute from March 28, 2016, seeking $137,000.00 in damages based upon the allegations that Clinton engaged in unsuitable transactions, effected unauthorized trades in the customer’s account, and that Network One failed to supervise him. FINRA […]

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