Staff AttorneyJun 27, 20192 minMerrill Lynch Broker Michael Tanha Receives Severe Suspension for Outside Business Activities and PrMichael Milad Tanha (Tanha), a registered representative, settled a complaint with the Financial Industry Regulatory Authority (FINRA) th...
Staff AttorneyJun 27, 20192 minFormer Cambridge Broker Anselmo Contreras Barred for Stealing Funds From CustomersAnselmo Contreras, Jr. (Contreras) accepted a Letter of Acceptance, Waiver and Consent (“AWC”) pursuant to FINRA Rule 9216 of FINRA’s Cod...
Staff AttorneyJun 21, 20192 minSteven Zerbarini (Former NEXT Financial FA) Disciplined for Discretionary Trades in Customers’ AccouThe Financial Industry Regulatory Authority (FINRA) recently announced Steven Elliot Zerbarini (Zerbarini) entered into a Letter of Accep...
Staff AttorneyJun 21, 20192 minFormer Aegis Financial Advisor James Bradley Schwartz Suspended for Churning (Excessive Trading) andJames Bradley Schwartz (Schwartz), recently faced a department of enforcement action in connection with allegations he churned (i.e. exce...
Staff AttorneyJun 21, 20192 minFormer LPL Financial Advisor James Bylenga Barred for Personal Loans with CustomerFormer LPL Financial financial advisor, James C. Bylenga (Bylenga), recently settled allegations with the Financial Industry Regulatory A...
Staff AttorneyJun 18, 20192 minFormer David A. Noyes Financial Advisor Sam Aziz Barred for Unsuitable and Excessive TradingFormer David A. Noyes & Company financial advisor, Sam Aziz (Aziz), recently settled allegations with the Financial Industry Regulatory A...
Staff AttorneyJun 1, 20192 minAmeriprise Broker Corey Lee Mireau Disciplined for Undisclosed Personal Loans with Customers and OutThe Financial Industry Regulatory Authority (FINRA) brought an enforcement action against registered representative Corey Lee Mireau (Mir...
Staff AttorneyMay 31, 20192 minFinancial Advisor James B. Eichner, Jr. Disciplined for Discretionary Trades in Customers’ AccountsThe Financial Industry Regulatory Authority (FINRA) recently announced James B. Eichner, Jr. (Eichner) entered into a Letter of Acceptanc...
Staff AttorneyApr 19, 20192 minFinancial Advisor Edward Earl Mattes Barred for Stealing Funds from Multiple ClientsFormer Mutual of Omaha Investor Services, Inc. financial advisor, Edward Earl Mattes (Mattes), recently settled allegations with the Fina...
Staff AttorneyDec 10, 20182 minUnauthorized Trading ClaimsAll financial advisors and brokerage firms have a fundamental responsibility to deal fairly with their clients, including communicating w...
Staff AttorneyNov 18, 20182 minHow to Sue Financial Advisor for Unsuitable InvestmentsSuitability Analysis Financial advisors have a duty to their clients to recommend suitable investments and investment strategies. There ...
Staff AttorneySep 6, 20182 minSelling Away and Outside Business Activity ClaimsWhat is "Selling Away"? "Selling away" refers to the inappropriate and unethical practice in the financial industry where a financial adv...
Staff AttorneyAug 4, 20181 minWhat is Investment FraudWhat is Securities Fraud? Securities fraud is any deceptive act relating to the purchase, sale or manipulation of securities. Securities...
Staff AttorneyMar 15, 20182 minWhat is Breach of Fiduciary DutyBreach of fiduciary duty is one of the most common investor claims against financial advisors (stock brokers) and brokerage firms. At th...
Staff AttorneyJan 10, 20182 minImproper Asset Allocation is a Common Investor Claim What is Asset Allocation? Financial advisors have a duty to recommend suitable investment strategies, including a proper asset allocation...
