Mary Beth Fisher Spuhler (also known as Mary Beth Fisher), of Camp Hill, Pennsylvania, a stockbroker formerly registered with Osaic Wealth Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in all capacities because Spuhler refused to provide information and documents requested as part of a regulatory investigation into her…
Steven Patrick McCormick, a stockbroker from Simi Valley, California, formerly registered with Osaic Wealth Inc., has been permanently barred by Financial Industry Regulatory Authority (FINRA) for failing to cooperate with a regulatory investigation. The investigation followed a complaint submitted to FINRA. Letter of Acceptance, Waiver, and Consent (AWC) No. 2023077823001. On September 24, 2024, FINRA…
Marat Likhtenstein, of Brooklyn, New York, a stockbroker registered with Osaic Wealth Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Likhtenstein failed to comply with FINRA’s investigation requests concerning his termination from Osaic Wealth. Letter of Acceptance, Waiver, and Consent No. 2024082598101 (August 5, 2024)….
Mark E. Young, of Topeka, Kansas, a stockbroker registered with Osaic Wealth (also known as Royal Alliance Associates Inc.), was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $1,850,000.00 in damages based upon alleged unsuitable recommendations and the misrepresentation of material facts in…
Peter Brian Robertson, of Irvine, California, a stockbroker registered with Osaic FA Inc. (also known as Lincoln Financial Advisors Corporation), is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $100,000.00 in damages based upon alleged the unsuitable investment recommendation of oil and…
Craig Allen Hauger of Goodyear, Arizona, a stockbroker registered with Woodbury Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $25,000.00 in damages based upon allegations that Hauger made the unsuitable investment recommendation of alternative investments during the time that Hauger…
Janet T. Doherty of Staten Island, New York, a stockbroker registered with Osaic Wealth Inc., is the subject of a customer initiated investment related complaint filed on January 11, 2024, in which the customer compensatory damages estimated to exceed $5,000.00 based upon allegations that Doherty effected an unauthorized transfer of funds from fixed to variable…
Rodney David Potratz of Laguna Beach, California, a stockbroker registered with Osaic Wealth Inc., is the subject of a customer initiated investment related complaint filed on November 12, 2023, in which the customer requested compensatory damages based upon allegations that Potratz made the unsuitable investment recommendation of closed-end interval funds and mutual funds during the…
Juan Carlos Sosa of Studio City, California, a stockbroker registered with SagePoint Financial Inc. (now known as Osaic Services Inc.), has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Sosa engaged in the unauthorized transfer and use of customer funds during the time that he was associated with…
Jack W. Yvars of Concord, New Hampshire, a stockbroker registered with Osaic Wealth Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $104,624.00 in damages based upon allegations that Yvars made the unsuitable investment recommendation of certain mutual funds when Yvars…
David Victor Tall (also known as Dave Tall), of Costa Mesa, California, a stockbroker formerly registered with Osaic Wealth Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Tall failed to cooperate with an investigation into allegations of his execution of promissory notes away from the…
Timothy Harold Judson of McLean, Virginia, a stockbroker registered with Osaic Wealth Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested damages between $100,000.00 and $500,000.00 based upon allegations that Judson made unsuitable recommendations in direct investments during the time that Judson was associated with…
Rajvinder Singh Budwal of San Jose, California, a stockbroker associated with SagePoint Financial Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $22,500.00 in damages based upon allegations that Budwal made unsuitable recommendations of an equity fund. Budwal was associated with SagePoint…
Rodney Michael Ferruso (also known as Rod Ferruso), of Morgantown, West Virginia, a stockbroker registered with Osaic Wealth Inc. (previously known as Royal Alliance Associates Inc.), has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Ferruso refused to appear and testify in a FINRA investigation concerning allegations…