Tag Archives: Stifel Nicolaus & Company Incorporated

Stifel Nicolaus Stockbroker Barred In Theft Investigation

April 08, 2020  |   Posted by :   |   Misappropriation of Funds, Stockbroker Theft   |   Comments Off on Stifel Nicolaus Stockbroker Barred In Theft Investigation

Steven Dale Rodemer of Pueblo Colorado a stockbroker formerly registered with Stifel Nicolaus Company Incorporated 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 with FINRA while he was the subject of an investigation into allegations of his […]

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Investors Blame Stifel Nicolaus For Unauthorized Trading

Jason Andrew Taub of Florham Park New Jersey a stockbroker currently registered with Stifel Nicolaus Company Incorporated is the subject of a customer initiated investment related written complaint on May 10, 2019 in which the customer requested damages estimated to exceed $5,000.00 based upon allegations that (1) unauthorized common and preferred stock trades and corporate […]

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Stifel Nicolaus Sued By Investors For Misrepresentation

Aaron Chaim Lupuloff of Atlanta Georgia a stockbroker formerly employed by Stifel Nicolaus Company Incorporated is referenced in a customer initiated investment related arbitration claim where the customer sought $3,200,000.00 in damages supported by accusations that (1) the customer had been placed into corporate bonds through a private placement executed by Lupuloff and (2) fraudulent […]

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Stifel Nicolaus Accused of Providing Investor Bad Advice

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

Joel David Davidman of Beverly Hills California a stockbroker formerly registered with Stifel Nicolaus Company Incorporated is the subject of a customer initiated investment related complaint where the customer sought damages estimated to exceed $5,000.00 supported by allegations that the customer was provided poor investment advice by Davidman concerning the stock and corporate debt investment […]

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FINRA Sanctions Stifel Stockbroker For Customer Loans

David Wilson Fleming Jr. of White Plains New York a stockbroker formerly registered with Stifel Nicolaus Company Incorporated has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Fleming inappropriately borrowed money from a Stifel Nicolaus customer […]

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Stifel Nicolaus Sued By Investors For Securities Fraud

Michael Joseph Dorsey of Honolulu Hawaii a stockbroker currently registered with Stifel Nicolaus Company Incorporated is the subject of a customer initiated investment related arbitration claim which was settled for $50,000.00 in damages founded on accusations of (1) violation of New York Stock Exchange (NYSE) and FINRA Rules (2) violation of federal and state securities […]

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Customer Sues Stifel Nicolaus For Failure To Supervise

January 09, 2018  |   Posted by :   |   Bond Fraud, Investment and Regulatory News   |   0 Comments

Kenneth J. Christman, Jr., of Poughkeepsie, New York, a stockbroker currently associated with Stifel, Nicolaus & Company, Incorporated, is the subject of a customer initiated investment related arbitration claim, in which the customer requested $28,553.41 in damages founded on allegations that Christman failed to supervise a stockbroker’s corporate debt investments executed in the customer’s investment […]

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Customer Sues Stifel Nicolaus For Securities Fraud

Martin Allen Stevens Jr., of Denver, Colorado, a stockbroker registered with Stifel, Nicolaus & Company, Incorporated, has been subject of a customer initiated investment related arbitration claim, in which the customer requested $249,000.00 in damages based upon allegations of breach of contract, misrepresentation, suitability, negligence, breach of fiduciary duty, and fraud in regard to equity […]

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Stifel Nicolaus Accused By Customer Of Churning

December 15, 2017  |   Posted by :   |   Unauthorized Trading   |   0 Comments

Cindy Lee Russell, of Memphis, Tennessee, a stockbroker registered with STIFEL, NICOLAUS & COMPANY, INCORPORATED is the subject of a customer initiated investment related written complaint on September 19, 2017, in which the customer sought at least $5,000.00 in damages based upon allegations that Russell churned the customer’s account and made trades on an unauthorized […]

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Stifel Nicolaus Broker Fined For Unauthorized Trading

December 15, 2017  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Nolan Dudley Baird, Jr., of Augusta, Georgia, a stockbroker registered with Stifel, Nicolaus & Company, Incorporated, 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 effected trades in customer accounts without authorization. Letter of Acceptance, Waiver and Consent, […]

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Stifel Nicolaus Stockbroker Terminated For Customer Loans

October 05, 2017  |   Posted by :   |   Customer Loans   |   0 Comments

David Wilson Flemming Jr., of White Plains, New York, a stockbroker formerly registered with Stifel, Nicolaus & Company, Incorporated, was fired from employment on July 5, 2017, founded upon accusations that he entered into an unauthorized loan arrangement with a firm customer. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Flemming has been identified […]

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Regulator Suspends Morgan Stanley Stockbroker

August 26, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Christopher D. Stoddard, of Norwell, Massachusetts, a stockbroker formerly registered with Morgan Stanley, 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 altered customer account documentation. Letter of Acceptance, Waiver and Consent, No. 2016051578601 (Aug. 16, 2017). According […]

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Stifel Nicolaus Stockbroker Suspended For Unauthorized Trading

December 17, 2016  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

David Richard Shapiro, of New York, New York, a stockbroker currently registered with Stifel, Nicolaus & Company, Incorporated, has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity after consenting to findings that he effected unauthorized trades in a customer account. Letter of Acceptance, Waiver and […]

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