Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
The Soreide Law Group has obtained the following summary of information from FINRA’s website, “Disciplinary and Other FINRA Actions, January, 2015.”
James Mark McLaughlin (CRD #1925099, Westover, Alabama)
was barred by FINRA for allegedly excessively trading in clients’ accounts.
FINRA's findings stated that McLaughlin recommended unsuitable short-term trading of A-share mutual funds in clients’ accounts, causing the clients to pay unnecessary mutual fund fees. McLaughlin received over $8,000 in commissions. McLaughlin did not have any reasonable basis to believe that the short-term trading of A-share mutual funds was suitable for his customers.
FINRA's findings also stated that McLaughlin engaged in unauthorized trading in customers’ accounts. (FINRA Case #2012034584301)
James Mark McLaughlin was registered in the securities industry for 23 years and was previously registered with the following securities firm(s):
10/2000 - 10/2012 SECURITIES AMERICA, INC. (CRD# 10205) - WESTOVER, AL
01/1996 - 10/2000 PRUDENTIAL SECURITIES INCORPORATED (CRD# 7471) - NEW YORK, NY
07/1993 - 01/1996 SMITH BARNEY INC. (CRD# 7059) - NEW YORK, NY
09/1989 - 07/1993 LEHMAN BROTHERS INC. (CRD# 7506) - NEW YORK, NY
The summary of information from FINRA's website ends here.
If you or a loved one have become a victim of unauthorized or excessive trading by your broker in you accounts, please contact Soreide Law Group for a free consultation with an attorney at 888-760-6552.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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