Tag Archives: Worden Capital Management LLC

Joseph Stone Stockbroker Barred By FINRA In Investigation

Abdul Matin Rahmani of Mineola New York a stockbroker formerly registered with Joseph Stone Capital LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon a FINRA Office of Hearing Officer’s Order Accepting Offer of Settlement containing findings that Rahmani engaged in outside business activities which […]

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Worden Capital Stockbroker Charged With Excessive Trading

Jason Andrew Wilk (also known as Jason Andrew Wilks) of New York New York a stockbroker formerly registered with Worden Capital Management LLC has been charged by Financial Industry Regulatory Authority (FINRA) with failing to comply with an investigation into accusations of his excessive trading in customer accounts when he was registered with Worden Capital […]

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FINRA Bars Worden Capital Management CEO In Investigation

October 19, 2021  |   Posted by :   |   Failure To Supervise, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on FINRA Bars Worden Capital Management CEO In Investigation

Jamie John Worden of New York New York the Owner and CEO of Worden Capital Management LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he failed to comply with FINRA’s investigation into a private placement offering of pre-IPO securities through Worden Capital […]

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Investors Accuse Worden Capital Stockbroker Of Securities Fraud

October 08, 2021  |   Posted by :   |   Boilerroom Sales, Breach of Fiduciary Duty, Investment and Regulatory News   |   Comments Off on Investors Accuse Worden Capital Stockbroker Of Securities Fraud

Joseph Francis Valdini of Melville New York a stockbroker formerly registered with Worden Capital Management is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $1,277,631.00 in damages founded on allegations of misrepresentation and churning of stocks and over-the-counter equities by Valdini when he was employed by Worden Capital […]

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Worden Capital Stockbroker Under FINRA Investigation

September 16, 2021  |   Posted by :   |   Churning, Excessive Trading, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Worden Capital Stockbroker Under FINRA Investigation

David Khezri of Melville New York a stockbroker formerly registered with Worden Capital Management and Network 1 Financial Securities Inc. is the subject of a Financial Industry Regulatory Authority (FINRA) investigation in which the regulator recommended that Khezri face disciplinary action for possible violations of FINRA rules and securities laws pertaining to excessive and unsuitable […]

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Investors File Arbitration Claim Against Worden Capital Management LLC For Fraud

September 03, 2021  |   Posted by :   |   Excessive Trading, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Investors File Arbitration Claim Against Worden Capital Management LLC For Fraud

David Weisberg of New York New York a stockbroker formerly registered with Worden Capital Management LLC is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $47,629.58 in damages founded on accusations of unsuitability and misrepresentation relating to the customer’s investments in over-the-counter equities between October of 2017 […]

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Worden Capital Stockbroker Fines $1.9 Million and Barred For Churning

September 03, 2021  |   Posted by :   |   Churning, Excessive Trading, Investment and Regulatory News   |   Comments Off on Worden Capital Stockbroker Fines $1.9 Million and Barred For Churning

Donald Joseph Fowler of Rockville Center New York a stockbroker formerly registered with Worden Capital Management LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Fowler churned and excessively traded the accounts of four of his customers. Letter of Acceptance Waiver and Consent […]

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Worden Capital Stockbroker Accused Of Breach Of Fiduciary Duty

September 01, 2021  |   Posted by :   |   Breach of Fiduciary Duty, Excessive Trading, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on Worden Capital Stockbroker Accused Of Breach Of Fiduciary Duty

David Michael Murray of New York New York a stockbroker formerly registered with Worden Capital Management LLC is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer sought $653,700.00 in damages based upon accusations that between August of 2017 and December of 2019, stock and over-the-counter equities transactions […]

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Another Worden Capital Stockbroker Sanctioned For Excessive Trading

August 26, 2021  |   Posted by :   |   Boilerroom Sales, Excessive Trading, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on Another Worden Capital Stockbroker Sanctioned For Excessive Trading

John Sebastion Cangialosi Jr of New York New York a stockbroker formerly registered with Worden Capital Management has been fined $7,500.00 and suspended for nine months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Cangialosi engaged in excessive trading of customer accounts at Worden Capital Management […]

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Worden Capital Stockbroker Sanctioned For Failure To Supervise

August 15, 2021  |   Posted by :   |   Boilerroom Sales, Churning, Excessive Trading, Failure To Supervise, Investment and Regulatory News   |   Comments Off on Worden Capital Stockbroker Sanctioned For Failure To Supervise

Henry Bones II of New York New York a stockbroker formerly registered with Worden Capital Management has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any principal capacity based upon findings that Bones failed to supervise a Worden Capital Management stockbroker who made unsuitable investment recommendations to […]

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Investors File FINRA Securities Arbitration Against Worden Capital For Unsuitable Recommendations

July 31, 2021  |   Posted by :   |   Investment and Regulatory News   |   Comments Off on Investors File FINRA Securities Arbitration Against Worden Capital For Unsuitable Recommendations

Christ Elias Baltas of Melville New York a stockbroker formerly registered with Worden Capital Management LLC has been referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $284,108.07 in damages supported by allegations of unsuitable recommendations to the customer in regard to common and preferred stock and over-the-counter equities […]

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Worden Capital Stockbroker Barred For Excessive Trading

July 12, 2021  |   Posted by :   |   Boilerroom Sales, Excessive Trading, Investment and Regulatory News   |   Comments Off on Worden Capital Stockbroker Barred For Excessive Trading

Christopher George Orlando of New York New York a stockbroker formerly registered with Legend Securities and Worden Capital Management has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings of Orlando making excessive trades in customer accounts. Letter of Acceptance Waiver and Consent No. 2017056432603 (June […]

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Another Worden Capital Stockbroker Investigated For Churning

July 07, 2021  |   Posted by :   |   Boilerroom Sales, Churning, Excessive Trading, FINRA Securities Arbitration, Investment and Regulatory News, Over Concentration, Unsuitable Investment Recommendations   |   Comments Off on Another Worden Capital Stockbroker Investigated For Churning

William Nicholas Athas of Melville New York a stockbroker formerly registered with Worden Capital Management is the subject of a Financial Industry Regulatory Authority (FINRA) investigation in which the regulator has determined that Department of Enforcement should pursue disciplinary action against Athas for potentially churning investor accounts and for making unsuitable investment recommendations. Case No. […]

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FINRA Bars Worden Capital Stockbroker In Investigation

July 07, 2021  |   Posted by :   |   Boilerroom Sales, Breach of Fiduciary Duty, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on FINRA Bars Worden Capital Stockbroker In Investigation

Salvatore Pizzimenti of New York New York a stockbroker formerly registered with Worden Capital Management has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he chose not to cooperate with a FINRA investigation in which his trading of investor accounts was being reviewed for […]

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Worden Capital Stockbroker Investigated By FINRA

June 12, 2021  |   Posted by :   |   Breach of Fiduciary Duty, FINRA Securities Arbitration, Investment and Regulatory News, Unauthorized Trading, Unsuitable Investment Recommendations   |   Comments Off on Worden Capital Stockbroker Investigated By FINRA

John Sebastion Cangialosi of New York New York a stockbroker registered with Worden Capital Management and SW Financial is under a Financial Industry Regulatory Authority (FINRA) investigation in which Cangialosi may face disciplinary action for allegedly making unsuitable recommendations to customers. Case No. 20170564326 (Sept. 15, 2020). According to FINRA Public Disclosure, FINRA recommended for […]

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Investors Sue Worden Capital Management For Fraud

February 16, 2021  |   Posted by :   |   Boilerroom Sales, FINRA Securities Arbitration, Investment and Regulatory News, Securities Fraud   |   Comments Off on Investors Sue Worden Capital Management For Fraud

Joseph Francis Valdini of Melville New York a stockbroker formerly registered with Worden Capital Management LLC is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $1,000,000.00 in damages supported by accusations of fraud and negligent supervision pertaining to Valdini’s over-the-counter equities transactions at Worden Capital Management LLC. […]

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Worden Capital CEO Sanctioned For Failure To Supervise

February 01, 2021  |   Posted by :   |   Boilerroom Sales, Churning, Excessive Trading, Failure To Supervise, Investment and Regulatory News   |   Comments Off on Worden Capital CEO Sanctioned For Failure To Supervise

Worden Capital Management LLC (WCM) and Chief Executive Officer Jaime John Worden have been sanctioned by Financial Industry Regulatory Authority (FINRA) supported by findings that WCM and Jaime Worden failed to supervise the suitability of customer transactions and neglected to ensure the public disclosure of customer initiated investment related FINRA securities arbitration claims alleging sales […]

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SEC Sanctions Worden Stockbroker For Securities Fraud

February 01, 2021  |   Posted by :   |   Boilerroom Sales, FINRA Securities Arbitration, Investment and Regulatory News, Private Placement Fraud   |   Comments Off on SEC Sanctions Worden Stockbroker For Securities Fraud

John Michael LoPinto of New York New York a stockbroker formerly registered with Worden Capital Management and investment adviser representative of Keyport Venture Advisors LLC has been censured and fined $40,000.00 according to a Securities and Exchange Commission (SEC) Order containing findings that LoPinto made misrepresentations to investors concerning pooled investment vehicles. In the Matter […]

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Worden Ringleader Sanctioned For Failure To Supervise

January 19, 2021  |   Posted by :   |   Excessive Trading, Failure To Supervise, Investment and Regulatory News   |   Comments Off on Worden Ringleader Sanctioned For Failure To Supervise

Jason Paul Collichio of Garden City New York a stockbroker currently registered with Worden Capital Management LLC has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in A PRINCIPAL capacity based upon findings that he did not supervise Worden Capital Management stockbrokers who excessively traded […]

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Spartan Stockbroker Investigated By FINRA For Churning

January 03, 2021  |   Posted by :   |   Boilerroom Sales, Churning, Excessive Trading, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on Spartan Stockbroker Investigated By FINRA For Churning

Christopher George Orlando of New York New York a stockbroker formerly registered with Spartan Capital Securities LLC is the subject of a FINRA investigation where the regulator recommended for Orlando to face disciplinary action by FINRA Department of Enforcement for allegedly trading on an excessive basis in customer accounts. Case No. 20170564326 (Sept. 18, 2020). […]

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Recidivist Worden Stockbroker Finally Barred In Investigation

November 04, 2020  |   Posted by :   |   Securities Arbitration Claims   |   Comments Off on Recidivist Worden Stockbroker Finally Barred In Investigation

Yousuf Saljooki (also known as Joe Saljooki) of Melville New York a stockbroker formerly registered with Worden Capital Management has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon an Office of Hearing Officers’ Default Decision containing findings that Saljooki failed to cooperate with FINRA Department of […]

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Christ Barred By Regulators In Boilerroom Failure To Supervise Investigation

October 08, 2020  |   Posted by :   |   Boilerroom Sales, Failure To Supervise, Securities Arbitration Claims   |   Comments Off on Christ Barred By Regulators In Boilerroom Failure To Supervise Investigation

Christ Elias Baltas a stockbroker formerly registered with Worden Capital Management LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Baltas failed to comply with FINRA during its investigation into accusations of his failed supervision of a stockbroker who engaged in unsuitable trading […]

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SW Stockbroker Investigated By FINRA For Selling Away

September 14, 2020  |   Posted by :   |   Selling Away and Outside Activities   |   Comments Off on SW Stockbroker Investigated By FINRA For Selling Away

Abdul Matin Rahmani (also known as Abdul Rahmani) of Melville New York a stockbroker formerly registered with SW Financial is the subject of an August 5, 2020 FINRA investigation in which he may face a disciplinary action from FINRA Department of Enforcement based upon accusations of him engaging in undisclosed outside business activities and failing […]

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FINRA Bars Worden Capital Stockbroker In Investigation

August 27, 2020  |   Posted by :   |   Boilerroom Sales, Selling Away and Outside Activities   |   Comments Off on FINRA Bars Worden Capital Stockbroker In Investigation

Chams Khwaja (also known as Sean Khwaja) of Melville New York a stockbroker formerly registered with Worden Capital Management LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to a Default Decision containing findings that Khwaja declined to cooperate with FINRA’s investigation into allegations of his […]

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SEC To Bar Worden Stockbroker For Securities Fraud

August 27, 2020  |   Posted by :   |   Boilerroom Sales, Securities Fraud, Unsuitable Investment Recommendations   |   Comments Off on SEC To Bar Worden Stockbroker For Securities Fraud

Donald Joseph Fowler of Rockville Center New York a stockbroker formerly registered with Worden Capital Management is referenced in an Order Instituting Administrative Proceedings by Securities and Exchange Commission (SEC) in which the regulator is determining whether to permanently bar Fowler from being a stockbroker or investment advisor representative given findings of Fowler violating federal […]

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Investors Sue National Securities Corporation For Negligence

May 12, 2020  |   Posted by :   |   Boilerroom Sales, Breach of Fiduciary Duty, Securities Arbitration Claims, Securities Fraud, Stockbroker Negligence   |   Comments Off on Investors Sue National Securities Corporation For Negligence

Allan Perry Montalbano of Garden City New York a stockbroker formerly employed by National Securities Corporation and Worden Capital Management LLC has been identified in a customer initiated investment related arbitration claim which was resolved for $160,000.00 in damages founded on accusations of (1) breach of a contract governing the customer’s stock trades at National […]

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Worden Capital Stockbroker Sanctioned For Churning

May 12, 2020  |   Posted by :   |   Churning, Excessive Trading   |   Comments Off on Worden Capital Stockbroker Sanctioned For Churning

David Weisberg of New York New York a stockbroker formerly registered with Worden Capital Management 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 he effected unsuitable and excessive trades in the account of a Worden Capital Management […]

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Worden Capital Stockbroker Barred In Investigation

April 23, 2020  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Worden Capital Stockbroker Barred In Investigation

Chams Khwaja (also known as Sean Khwaja) of Melville New York a stockbroker formerly registered with Worden Capital Management LLC has been charged by Financial Industry Regulatory Authority (FINRA) in a Complaint alleging that he failed to comply with a FINRA investigation into allegations of his unapproved outside business activities. Department of Enforcement v. Chams […]

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Investors Sue Worden Capital For Breach Of Fiduciary Duty

April 18, 2020  |   Posted by :   |   Boilerroom Sales, Breach of Fiduciary Duty, Excessive Trading, Investment and Regulatory News, Securities Arbitration Claims, Stockbroker Negligence   |   Comments Off on Investors Sue Worden Capital For Breach Of Fiduciary Duty

David Michael Murray of New York New York a stockbroker currently employed by Worden Capital Management LLC has been identified in a customer initiated investment related arbitration claim where the customer sought $174,991.00 in damages founded on accusations of (1) omissions and misrepresentations (2) breach of contract (3) breach of fiduciary duty (4) suitability (5) […]

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KC Ward Financial Sued By Investors For Fraud

March 26, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Failure To Supervise, Securities Arbitration Claims, Securities Fraud, Unauthorized Trading, Unsuitable Investment Recommendations   |   Comments Off on KC Ward Financial Sued By Investors For Fraud

William Nicholas Athas of Melville New York a stockbroker formerly registered with KC Ward Financial is the subject of a customer initiated investment related arbitration claim which was resolved for $95,000.00 in damages based upon accusations that the customer was defrauded. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-00213 (Feb. 22, 2018). According to the […]

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