Soreide Law Group is looking into possible investor claims against securities broker Archie Abel Blood Jr. (also known as Bud Blood) (CRD: 1861277, Holland, Michigan). Particularly, FINRA sanctioned the securities broker, who worked for Cambridge Investment Research Inc. Allegedly, Blood engaged in private securities transactions. Here is a brief summary of FINRA’s allegations against Blood.
Evidently, on February 1, 2023, FINRA issued Case: 2021071992801, sanctioning Archie Blood for infractions. Specifically, Blood agreed to pay a $4,000 fine and serve a four-month suspension as a securities broker. Particularly, FINRA alleged that Blood engaged in private securities transactions involving $400,000 in unit purchase agreements.
Have you experienced damages due to the actions of Archie Blood? If you have, then you can contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Please keep in mind that Blood and brokerage firms Blood worked for deny all allegations of sales practice violations.
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