Tag Archives: Northwestern Mutual Investment Services LLC

Northwestern Mutual Stockbroker Sanctioned By FINRA

October 19, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Northwestern Mutual Stockbroker Sanctioned By FINRA

William A. Fochi Jr. (also known as Bill Fochi Jr.) of Glastonbury Connecticut a stockbroker formerly registered with Northwestern Mutual Investment Services LLC 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 on findings that he engaged in outside business activities […]

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Northwestern Mutual Stockbroker Sanctioned By FINRA

July 07, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Northwestern Mutual Stockbroker Sanctioned By FINRA

Scott S. Niekamp of Chesterfield Missouri a stockbroker currently registered with Northwestern Mutual Investment Services LLC has been fined $10,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he failed to disclose outside business activities to Northwestern Mutual and had entered […]

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FINRA Sanctions Northwestern Stockbroker For Customer Loan

February 16, 2021  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   Comments Off on FINRA Sanctions Northwestern Stockbroker For Customer Loan

Manish Hemant Shah of Princeton New Jersey a stockbroker formerly registered with Northwestern Mutual Investment Services LLC has been fined $15,000.00 and suspended for 20 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he borrowed money from a Northwestern customer and had concealed his activities […]

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Investors File Claims Against Northwestern Mutual Involving Charlotte Investment Scheme

February 11, 2021  |   Posted by :   |   Alternative Investments, FINRA Securities Arbitration, Hedge Funds, Selling Away and Outside Activities   |   Comments Off on Investors File Claims Against Northwestern Mutual Involving Charlotte Investment Scheme

CHARLOTTE, NC – The Guiliano Law Group, P.C. has filed a Statement of Claim against Northwestern Mutual Investment Services LLC on behalf of investors before the Financial Industry Regulatory Authority or FINRA seeking damages for fraud, the breach of fiduciary duty, the failure to supervise, negligence and in violation of the federal securities laws and […]

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Northwestern Mutual Sued For Misrepresentation

July 11, 2020  |   Posted by :   |   Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on Northwestern Mutual Sued For Misrepresentation

Chad T. Mackland of Omaha Nebraska a stockbroker formerly registered with Northwestern Mutual Investment Services is the subject of a customer initiated investment related arbitration claim in which the customer requested $2,871,000.00 in damages based upon allegations that a fiduciary duty that was owed to the customer had been breached and that the customer had […]

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Investors Sue Northwestern Mutual For Bad Investment Advice

Matthew Thomas Cochran of Charlotte North Carolina a stockbroker formerly employed by Northwestern Mutual Investment Services LLC is the subject of a customer initiated investment related arbitration claim in which the customer requested $300,000.00 in damages based upon accusations that from 2015 to 2018: (1) the customer had been provided bad investment recommendations in regard […]

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Northwestern Mutual Investment Services Terminates Stockbroker For Alleged Misappropriation

Daniel Joe Wilson of Columbus Junction Iowa a stockbroker formerly registered with Northwestern Mutual Investment Services has been terminated on February 5, 2018 based upon allegations of (1) Wilson engaging in unauthorized activities in a customer’s account and (2) Wilson engaging in unapproved activities during a time that he was suspended by Financial Industry Regulatory […]

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Customer Accuses Northwestern Mutual Of Annuity Fraud

July 16, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Amy Marie Jamrog of Holyoke Massachusetts a stockbroker currently registered with Northwestern Mutual Investment Services LLC is the subject of a customer initiated investment related written complaint on March 29, 2018 in which the customer requested $82,000.00 in damages supported by accusations that Jamrog inappropriately recommended for the customer to liquidate stock positions and subsequently […]

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Northwestern Mutual Broker Barred For Unauthorized Trading

Matthew Thomas Cochran of Charlotte North Carolina a stockbroker formerly registered with Northwestern Mutual Investment Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he established accounts from customers away from Northwestern Mutual without procuring the firm’s authorization. Letter of […]

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Northwestern Broker Fined For Unauthorized Trading

November 28, 2017  |   Posted by :   |   Unauthorized Trading   |   0 Comments

Daniel Joe Wilson of Columbus Junction, Iowa, a stockbroker registered with Northwestern Mutual Investment Services, LLC, 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 effected trades in a customer’s account without authorization. Letter of Acceptance, Waiver and Consent, […]

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Northwestern Mutual Stockbroker Barred

June 13, 2017  |   Posted by :   |   Forgery, Investment and Regulatory News   |   0 Comments

Salvatore Sapienza, of Latham, New York, a registered representative formerly registered with Northwestern Mutual Investment Services, LLC, 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 provide information to FINRA in the course of an investigation into allegations of […]

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Northwestern Mutual Services Stockbroker Barred In Investigation

August 25, 2016  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Samuel Ryan McClain, of Boston, Massachusetts, a stockbroker with Northwestern Mutual Investment Services, LLC, was named in a FINRA Department of Enforcement Complaint alleging that McClain failed to comply with a FINRA investigation into allegations of McClain’s misconduct which consisted, inter alia, of outside business activities. Department of Enforcement v. Samuel Ryan McClain, No. 20150455320-02 […]

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