Tag Archives: Wedbush Securities Inc.

Wedbush Stockbroker Barred By FINRA In Investigation

September 30, 2020  |   Posted by :   |   Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on Wedbush Stockbroker Barred By FINRA In Investigation

Marc Winters of Los Angeles California a stockbroker formerly registered with Wedbush Securities Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that Winters failed to cooperate with FINRA’s request for his information following the stockbroker’s termination from Wedbush Securities. Case No. 2019061943701 (June […]

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Investors Accuse Wedbush Securities Of Fraud

July 29, 2020  |   Posted by :   |   Elder Financial Abuse, Municipal Bond Fraud, Securities Arbitration Claims, Securities Fraud, Structured Products   |   Comments Off on Investors Accuse Wedbush Securities Of Fraud

Mark Fredrick Augusta of Del Mar California a stockbroker formerly associated with Wedbush Securities Inc. has been referenced in a customer initiated investment related arbitration claim which was settled for $25,000.00 in damages supported by allegations that the customer had been defrauded and that misrepresentations and omissions had been made in regard to the customer’s […]

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FINRA Bars Wells Fargo Stockbroker In Investigation

June 22, 2020  |   Posted by :   |   Unauthorized Trading   |   Comments Off on FINRA Bars Wells Fargo Stockbroker In Investigation

Marvin Egorin of Beverly Hills California a stockbroker formerly employed by Wells Fargo Clearing Services LLC has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on accusations that he failed to provide FINRA with information that was requested of him in connection with a misconduct inquiry. Case […]

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Raymond James Stockbroker Barred In Investigation

April 08, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Excessive Trading, Securities Arbitration Claims   |   Comments Off on Raymond James Stockbroker Barred In Investigation

John Charles Wyshak of Los Angeles California a stockbroker formerly registered with Raymond James Associates Inc. has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that he failed to provide information to FINRA after it was requested of him. Case No. 2018057445601 (Feb. 3, 2020). […]

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Investors Sue Wedbush Securities For Fraud

William Mark Heiden of Newport Beach California a stockbroker registered with Wedbush Securities Inc. is the subject of a customer initiated investment related arbitration claim which was settled for $475,000.00 in damages based upon allegations that (1) unauthorized trades were effected in the customer’s account (2) the customer was defrauded through misrepresentations (3) a fiduciary […]

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Wedbush Sued By Investors For Unsuitable Options Trading

David Roger Hirons of San Diego California a stockbroker formerly registered with Wedbush Securities Inc. is the subject of a customer initiated investment related arbitration claim in which the customer requested $712,080.00 in compensatory damages and $1,000,000.00 in punitive damages based upon allegations of unauthorized options trades that had been effected by Hirons in the […]

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Investors Sue Wedbush In Zirk De Maison Scandal

Timary Ann Delorme (also known as Timary Ann Koller) of Los Angeles California a stockbroker formerly registered with Wedbush Securities Inc. is the subject of a customer initiated investment related arbitration claim which was settled for $100,000.00 in damages supported by accusations that (1) a written investment contract had been breached (2) fraudulent misrepresentations were […]

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Investors Sue Wedbush For Unauthorized Trading

Mark Fred Augusta of Solana Beach California a stockbroker formerly registered with Wedbush Securities is referenced in a customer initiated investment related arbitration claim in which the customer requested $398,832.00 in damages based upon accusations that (1) bond trades effected by Augusta failed to be suitable for the customer and (2) unauthorized transactions were executed […]

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FINRA Sanctions Wedbush Stockbroker For Unauthorized Trading

William Mark Heiden of Newport Beach California a stockbroker formerly registered with Wedbush Securities Inc. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to an Office of Hearing Officers Order Accepting Offer of Settlement containing findings that Heiden executed unauthorized trades in accounts […]

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Wells Fargo Broker Fired For Trading Dead Person’s Account

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

Marvin Egorin of Los Angeles California a stockbroker formerly registered with Wells Fargo Clearing Services LLC has been terminated by the firm on January 18, 2018 during the time that Egorin was subject of an internal investigation into allegation that Egorin deliberately permitted liquidations and trades to be placed in a customer’s account after the […]

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Wedbush Stockbroker Barred By SEC For Fraud

May 17, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Timary Ann Delorme of Costa Mesa California a stockbroker formerly employed by Wedbush Securities Inc. has been barred by Securities and Exchange Commission (SEC) from associating with any broker or investment adviser according to an Order Instituting Administrative and Cease-And-Desist Proceedings where Delorme consented to findings that she participated in a manipulative trading scheme. In […]

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Punitive Damges Award Against Wedbush Securities Fraud

Mark Fred Augusta, of Solana Beach, California, a stockbroker formerly registered with Wedbush Securities Inc., is the subject of a customer initiated investment related arbitration claim, in which the customer was awarded 250,000.00 in compensatory damages, $1,080,000.00 in punitive damages, and $110,000.00 in disgorged commissions on July 13, 2017, supported by allegations against Augusta and […]

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Kestra Investment Services Sued For Suitability

August 02, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Chuck J. Hilliard II, of Austin, Texas, a stockbroker formerly registered with Kestra Investment Services, LLC, is the subject of a customer initiated investment related written complaint on December 7, 2016, in which the customer requested more than $5,000.00 in damages based upon allegations that Hilliard effected unsuitable transactions in the customer’s account. Financial Industry […]

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JP Morgan Securities Stockbroker Fired

July 03, 2017  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   0 Comments

Karl Austin Pettijohn, of Los Angeles, California, a stockbroker registered with J.P. Morgan Securities LLC, has been terminated from employment on April 29, 2016, based upon the firm’s allegations that he inappropriately communicated with customers and entered into unauthorized lending arrangements. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that on April 28, 2017, a […]

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Wells Fargo Advisors Named In Written Complaint

May 18, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Joseph Manuel Focil, of Santa Monica, California, a stockbroker formerly registered with Wells Fargo Advisors, LLC, has been named in a customer initiated investment related written complaint on January 6, 2016, in which the customer requested more than $5,000.00 in damages based upon allegations that Focil failed to execute the sale of the customer’s equity […]

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Wells Fargo Stockbroker Fired For Misconduct

April 11, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Gregory John Chachas Jr., of La Jolla, California, a stockbroker registered with Wells Fargo Clearing Services, LLC, was terminated from employment on February 2, 2017, based upon allegations that he violated his firm’s policies by failing to report conflicts of interest to his firm in reference to Chachas’ securities transactions. Financial Industry Regulatory Authority (FINRA) […]

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Morgan Stanley Named In FINRA Arbitration

William Mark Heiden, of Newport Beach, California, a stockbroker formerly registered with Morgan Stanley, has been named in a customer initiated investment related arbitration claim on January 24, 2017, in which the customer requested $950,718.24 in damages based upon allegations that Heiden, from 2012 to 2016, effected equity transactions in the customer’s account which were […]

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Wedbush Securities Named In Customer Unsuitability Claim

James Blinkhorn, of Lake Oswego, Oregon, a stockbroker formerly associated with Wedbush Securities Inc., was subject to a customer initiated investment related arbitration claim on September 11, 2015, which was settled for $83,000.00 in damages based upon allegations that Blinkhorn effected unsuitable transactions in the customer’s investment account, and failed to communicate with the customer […]

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Wedbush Securities Stockbroker Barred for Stealing

February 12, 2016  |   Posted by :   |   Elder Financial Abuse, Investment and Regulatory News   |   0 Comments

Michael B. Winegar of Salem, Oregon, a stockbroker with Wedbush Securities Inc., was barred by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member firm in any and all capacities after Winegar consented to findings that he converted funds from a customer. Letter of Acceptance, Waiver and Consent, No. 2015045014101 (Jan. 29, 2016). […]

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