Tag Archives: RBC Capital Markets LLC

FINRA Bars RBC Capital Stockbroker In Forgery Investigation

October 08, 2021  |   Posted by :   |   Forgery, Investment and Regulatory News   |   Comments Off on FINRA Bars RBC Capital Stockbroker In Forgery Investigation

Daria Lynn Radonski (also known as Daria Lynn Baumgarten, Daria Thayer and as Daria Murdock) of Billings Montana a stockbroker formerly registered with RBC Capital Markets LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded upon findings that she failed to cooperate with a FINRA investigation […]

Read More »

Investors File Securities Arbitration Claim Against RBC For Unsuitable Investment Advice

October 08, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Over Concentration   |   Comments Off on Investors File Securities Arbitration Claim Against RBC For Unsuitable Investment Advice

Joseph Ijong Chu of Stamford Connecticut a stockbroker currently registered with RBC Capital Markets LLC is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer sought $1,000,000.00 in damages founded on accusations that unsuitable energy securities were recommended by Chu when he was associated with RBC Capital Markets. […]

Read More »

FINRA Sanctions RBC Stockbroker For Unauthorized Trading

May 31, 2021  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   Comments Off on FINRA Sanctions RBC Stockbroker For Unauthorized Trading

Scott David Fergang of Paramus New Jersey a stockbroker formerly registered with RBC Capital Markets 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 he executed unauthorized trades in a customer’s account. Letter of Acceptance Waiver and Consent No. 2018059478701 (Apr. […]

Read More »

RBC Stockbroker Sanctioned For Unsuitable Recommendations

April 18, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on RBC Stockbroker Sanctioned For Unsuitable Recommendations

Jeffrey Alan Fladell of Florham Park New Jersey a stockbroker formerly registered with RBC Capital Markets LLC has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Fladell provided unsuitable investment recommendations to an RBC Capital Markets customer. Letter […]

Read More »

RBC Capital Markets Sanctioned For The Failure To Supervise

January 03, 2021  |   Posted by :   |   Failure To Supervise, Investment and Regulatory News   |   Comments Off on RBC Capital Markets Sanctioned For The Failure To Supervise

RBC Capital Markets LLC a securities broker dealer headquartered in New York New York has been fined and censured by Financial Industry Regulatory Authority (FINRA) founded on findings that RBC failed to supervise stockbrokers’ recommendations of securities that were held in customers’ 529 plans. Letter of Acceptance Waiver and Consent No. 2016047696701 (Dec. 15, 2020). […]

Read More »

Investors Accuse RBC Capital Of Unsuitable Stock Recommendations

January 03, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Investors Accuse RBC Capital Of Unsuitable Stock Recommendations

David Kallman Paton of Saint Paul Minnesota a stockbroker and investment adviser representative of RBC Capital Markets LLC is referenced in a customer initiated investment related written complaint on June 25, 2020 in which the customer requested $38,000.00 in damages based upon accusations that the customer had been placed in stocks including SSYS and CGIZX […]

Read More »

RBC Capital Markets Stockbroker Accused Of Unauthorized Trading

September 30, 2020  |   Posted by :   |   Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on RBC Capital Markets Stockbroker Accused Of Unauthorized Trading

Katherine S. Clark (also known as Katherine St. Charles) of Chevy Chase Maryland a stockbroker and investment adviser representative of RBC Capital Markets LLC is referenced in a customer initiated investment related complaint on June 9, 2020 in which the customer sought more than $5,000.00 in damages supported by allegations that unauthorized transactions were executed […]

Read More »

RBC Stockbroker Terminated For Unauthorized Trading

August 27, 2020  |   Posted by :   |   Unauthorized Trading   |   Comments Off on RBC Stockbroker Terminated For Unauthorized Trading

Scott David Fergang of Paramus New Jersey a stockbroker formerly employed by RBC Capital Markets LLC has been terminated from employment on June 19, 2019 founded on allegations that trades were facilitated by the stockbroker on a discretionary basis without the stockbroker obtaining written permission from customers or the securities broker dealer. Fergang violated RBC […]

Read More »

RBC Capital Markets Accused Of Failure To Execute

June 22, 2020  |   Posted by :   |   Failure to Execute   |   Comments Off on RBC Capital Markets Accused Of Failure To Execute

William Reilley Herf of Scottsdale Arizona a stockbroker currently associated with RBC Capital Markets LLC has been referenced in a customer initiated investment related written complaint on May 14, 2020 in which the customer requested $97,000.00 in damages supported by allegations that the customer’s investment instructions of liquidating an equity portfolio had not been followed […]

Read More »

Regulator Bars RBC Stockbroker For Misappopriation of Custmer Funds

John William Cutshall of Woodsboro Maryland a stockbroker formerly registered with RBC Capital Markets and Lombard Securities has been fined $100,000.00 and barred from being a stockbroker or investment adviser representative based upon accusations that Cutshall violated securities laws or regulations of the State of Maryland as withdrawals were effected from customers’ accounts by the […]

Read More »

Investors Sue RBC Capital Markets Unsuitable Bond Sales

Jeffrey Alan Fladell of Florham Park New Jersey a stockbroker formerly associated with RBC Capital Markets LLC has been referenced in a customer initiated investment related arbitration claim in which the customer requested $1,000,000.00 in damages supported by allegations that (1) municipal bonds transactions effected when Fladell was employed by RBC Capital Markets failed to […]

Read More »

RBC Capital Markets Sued By Investors For Bad Bonds

Samuel Kluft Koltun of West Palm Beach Florida a stockbroker formerly employed by RBC Capital Markets LLC is referenced in a customer initiated investment related arbitration claim which was settled for $180,000.00 in damages supported by accusations that the customer was placed into unsuitable investments including Puerto Rico bonds between December of 2009 and May […]

Read More »

Investors Sue RBC Capital For Failure To Supervise

Paul Vincent Blum of West Palm Beach Florida a stockbroker formerly employed by RBC Capital Markets LLC is the subject of a customer initiated investment related arbitration claim which was settled for $70,000.00 in damages supported by allegations that (1) transactions executed by the stockbroker were unsuitable and (2) the customer’s energy-sector corporate bond transactions […]

Read More »

RBC Sued By Investors For Misrepresentation

John Scott Simpson of Hunt Valley Maryland a stockbroker formerly registered with RBC Capital Markets LLC is referenced in a customer initiated investment related arbitration claim which was resolved for $27,500.00 in damages founded on accusations that between 2012 and 2016: (1) false or misleading statements had been made concerning the performance of the customer’s […]

Read More »

RBC Capital Sued By Investors For Churning

July 23, 2019  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Joseph Henry Murphy III of Madison Wisconsin a stockbroker formerly employed by RBC Capital Markets LLC is referenced in a customer initiated investment related written complaint which was resolved for more than $5,000.00 in damages on August 11, 2017 based upon allegations that (1) trades were executed in the customer’s accounts on an excessive basis […]

Read More »

Investors Sue RBC For Bad Municipal Bond Advice

Lisa Jacqueline Lowi (also known as Lisa Jacqueline Vineberg) of West Palm Beach Florida a stockbroker formerly registered with RBC Capital Markets LLC is referenced in a customer initiated investment related arbitration claim which was settled for $25,000.00 in damages based upon allegations that (1) the customer was placed into inappropriate and speculative municipal debt […]

Read More »

Investors Sue RBC Capital Markets For Bad Fixed Income Advice

Jeffrey Alan Fladell of Florham Park New Jersey a stockbroker formerly registered with RBC Capital Markets LLC is the subject of a customer initiated investment related arbitration claim in which the customer requested $1,000,000.00 in damages supported by accusations that the Puerto Rico bond transactions effected in the customer’s investment account during the time Fladell […]

Read More »

Investors Blame RBC Capital For False Statements

Terry Parker Rider of Houston Texas a stockbroker formerly employed by RBC Capital Markets is the subject of a customer initiated investment related written complaint which was resolved for $160,000.00 on February 14, 2018 founded on accusations that false or misleading statements had been made to the customer about the sustainability of the customer’s investment. […]

Read More »

Wells Fargo Accused of Unsuitable Mutual Fund Recommendations

Ross Lionel Gordon of Raleigh North Carolina a stockbroker formerly employed by Wells Fargo Clearing Services LLC is referenced in a customer initiated investment related written complaint which was resolved for $10,000.00 on April 4, 2016 supported by accusations that between 2015 and 2016, the customer was placed into mutual fund investments that were inappropriate […]

Read More »

Investors Sue RBC For Unsuitable Municipal Bond Recommendations

Eugene Henry Freund of New York New York a stockbroker formerly employed by RBC Capital Markets LLC is referenced in a customer initiated investment related arbitration claim which was settled for $157,500.00 in damages founded on allegations that bad municipal debt investment transactions were executed in the customer’s account during the time Freund was associated […]

Read More »

RBC Capital Sued By Investors For Unauthorized Trading

James Frederick Sowerine of Billings Montana a stockbroker currently employed by RBC Capital Markets LLC is referenced in a customer initiated investment related arbitration claim which was settled for $80,000.00 in damages based upon allegations that (1) Sowerine executed unauthorized trades in the customer’s account and (2) Sowerine inappropriately placed the customer in energy sector […]

Read More »

RBC Capital Markets Blamed For Defective Investment Advice

April 10, 2019  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Anthony John Salerno (also known as AJ Salerno) of South Easton Massachusetts a stockbroker formerly employed by RBC Capital Markets LLC is referenced in a customer initiated investment related complaint on May 17, 2018 where the customer sought damages estimated to exceed $5,000.00 supported by allegations that unsuitable common or preferred stock recommendations had been […]

Read More »

RBC Capital Stockbroker Fired For Unauthorized Transactions

April 10, 2019  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Jannet Siegle Carpien (also known as Jannet Helen Carpien and as Janet Siege Carpien) of Washington District of Columbia a stockstockbroker formerly registered with RBC Capital Markets LLC has been discharged by the firm on August 2, 2018 based upon allegations that Carpien failed to abide by the firm’s policy when she effected an unauthorized […]

Read More »

FINRA Suspends RBC Capital Broker For Unauthorized Trading

March 15, 2019  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Paul Norman Gershon of Leawood Kansas a stockbroker formerly associated with RBC Capital Markets LLC 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 he engaged in discretionary trading of customer accounts; conduct violative of FINRA Rules. Letter of […]

Read More »

Investors Blame RBC Capital Markets For Bad Investment Advice

Paul Gordon of Paramus New Jersey a stockbroker formerly employed by RBC Capital Markets LLC is the subject of a customer initiated investment related written complaint which was settled for at least $5,000.00 on January 31, 2018 based upon accusations that the customer was provided unsuitable investment recommendations concerning the purchase of municipal bonds despite […]

Read More »

RBC Broker Barred In FINRA Investigation

January 03, 2019  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Wayne Frederick Stutzer of Scottsdale Arizona a stockbroker formerly registered with RBC Capital Markets LLC has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that Stutzer failed to respond to FINRA’s inquiry in regard to his activities. Case No. 2018059300001 (Nov. 5, 2018). According to […]

Read More »

RBC Capital Markets Sued By Investors For Churning

Alan Walton Sharpe of Burlington Massachusetts a stockbroker formerly employed by RBC Capital Markets LLC is the subject of a customer initiated investment related arbitration claim which settled for $225,000.00 in damages supported by allegations that (1) Sharpe made unsuitable oil and gas equities recommendations to the customer and (2) Sharpe churned the customer’s investment […]

Read More »

RBC Capital Markets Sued By Investors For Misappropriation

John Robert McGinnis of Escondido California a stockbroker formerly employed by RBC Capital Markets is referenced in a customer initiated investment related arbitration claim which was resolved for $652,000.00 in damages supported by accusations that between 2009 and 2015: (1) McGinnis sold the customer private placement investments outside the auspices of RBC Capital Markets (2) […]

Read More »

RBC Capital Blamed By Customer For Inappropriate Annuity

Mark John Evans of Mount Laurel New Jersey a stockbroker currently registered with RBC Capital Markets LLC is the subject of a customer initiated investment related complaint on April 13, 2017 where the customer sought damages estimated to exceed $5,000.00 based upon allegations that the customer was placed in an annuity that did not conform […]

Read More »

RBC Capital Markets Blamed By Investor For Bad Advice

Thomas Harry Eades of Dallas Texas a stockbroker formerly registered with RBC Capital Markets LLC is the subject of a customer initiated investment related written complaint on March 29, 2018 in which the customer sought damages estimated to exceed $5,000.00 based upon allegations that (1) Eades over-concentrated the customer in energy sector master limited partnerships […]

Read More »