CORNELIUS PETERSON (CRD#: 5769919) a former MORGAN STANLEY of Boston financial advisor, was sentenced by a federal judge in Boston to 20 months in prison for misusing hundreds of thousands of dollars in clients’ money. Peterson pleaded guilty in February to fraud and conspiracy due to unauthorized investments in a wind farm. According to the […]

Soreide Law Group, based in Florida, obtained the following information from the June 2018 FINRA Disciplinary Report, available to the public on FINRA’s website.  Vincent Santoro (CRD #3006826, Lake Mary, Florida)  was barred by FINRA all capacities for allegedly refusing to appear for a FINRA on-the-record testimony in connection with an investigation into allegations regarding […]

JOHN DOUGLAS WADE (JOHN D WADE) CRD#: 4486552, of Buena Park, California , a former U.S. Bancorp Investments broker, was barred by the Financial Industry Regulatory Authority Inc. (FINRA) from acting as a broker or otherwise associating with a broker-dealer firm following allegations of converting more than $200,000 from clients' accounts for his own personal […]

Donnell Noah Bowen CRD#: 5641822 has been barred by the Financial Industry Regulatory Authority Inc.  (FINRA) from acting as a broker or otherwise associating with a broker-dealer firm. FINRA barred Bowen, formerly a representative with Northwestern Mutual in Washington D.C., for failing to provide requested information and for failing to appear at FINRA hearing. Bowen […]

MARK JOSEPH GILLIS (MARK J GILLIS) CRD#: 2381496, 48 years-old from Saranac Lake, New York, was sentenced to time served and a year of home detention for defrauding clients of his brokerage firm out of nearly $400,000. Gillis was ordered by the Senior U.S. District Judge to forfeit $379,562 and to pay $226,500 in restitution […]

The following four registered representatives were barred from acting as a broker or otherwise associating with a broker-dealer firm by FINRA in May of 2018 for allegedly failing to cooperate with FINRA investigations: LEONA LYNN PARSONS (LEONA PARSONS) CRD#: 6164352  AMY ELIZABETH PESINA (AMY ELIZABETH O'CONNOR) CRD#: 6503149   DALLAS RICHARDSON YORK (DALLAS YORK) CRD#: […]

Soreide Law Group, based in Florida, obtained the following information from the May 2018 Disciplinary Report on FINRA’s website regarding Florida broker: David Warren Olson (CRD #1700644, Largo, Florida) Olson was barred by FINRA in all capacities for allegedly refusing to provide complete documents and information requested by FINRA during an investigation into allegations that […]

Soreide Law Group, based in South Florida, obtained the following information from FINRA’s May 2018 Disciplinary Report on Miami broker:  Thomas Alan Meier (CRD #1146044, Miami, Florida) Meier was barred by FINRA for allegedly effecting approximately 1,290 unauthorized transactions, including both purchases and sales of equity securities, in eight accounts belonging to six clients. FINRA’s […]

JAMES EDWARD KNEE (JIM KNEE) CRD#: 1852920 has been barred by the Financial Industry Regulatory Authority Inc. (FINRA) for allegedly failing to take part in a FINRA hearing regarding his activities at his former employers, Ameriprise Financial Services and Voya Financial Advisors, both located in Concord, New Hampshire. According to FINRA, these allegations stemmed from […]