BARKLEY JW LUNDY JR, (CRD#: 2260127) also known as MIKE LUNDY, a 68 year-old investment advisor from Rapid City, South Dakota, was convicted of wire fraud and making and subscribing a false tax return.  Lundy was charged on February 7, pleaded guilty February 14, and was sentenced on May 19, 2017 to 5 years in […]

Soreide Law Group is currently investigating, on behalf of our clients, NEXT FINANCIAL GROUP, INC. based in Houston, TX, and their former registered representative in Frisco, TX, TYE CALVIN WILLIAMS CRD#: 1271046. FINRA has barred Tye Williams from acting as a broker or otherwise associating with firms that sell securities to the public. In September […]

Former Merrill Lynch financial advisor, JESSE JOSEPH HOLOVACKO (CRD#: 5112298), 39 years-old from Sayreville, New Jersey, was convicted of defrauding his client out of his retirement savings and using the funds for his own benefit. Holovacko was convicted of six counts of wire fraud and one count of investment advisor fraud. The Financial Industry Regulatory […]

RONALD DALE BROADSTONE CRD#: 1043159, a former broker with UBS Financial of New Albany, Ohio, has been barred by FINRA from acting as a broker or otherwise associating with firms that sell securities to the public. According to the Financial Industry Regulatory Authority Inc (FINRA) report, allegedly Broadstone refused to respond to FINRA's questions during […]

Soreide Law Group obtained the following April 2017 Disciplinary Report from FINRA’s website: Kelly Clayton Althar (CRD #2666723, San Pablo, California) was barred by FINRA for allegedly making unsuitable recommendations and engaged in excessive trading in accounts held by an elderly client. FINRA’s findings stated that Kelly Althar engaged in high-volume trading to generate commissions […]

WWILLIAM DANIEL BUCCI (CRD#: 1140193),  formerly with Financial Network Investment Corporation, now known as Cetera Advisor Network of King of Prussia, Pennsylvania, has been barred by FINRA from acting as a broker or otherwise associating with firms that sell securities to the public.  According to FINRA’s BrokerCheck, Bucci has 10 Disclosures, 6 of which are Customer […]

Each month Soreide Law Group reviews FINRA’s Disciplinary Report and finds many of the same types of incidents over and over again involving the elderly.  We are here to help the clients of these brokers, many losing their very valuable retirement savings. It is particularly difficult when we learn of yet another elderly client being […]

THOMAS HOWARD CANIFORD (TOM CANIFORD) CRD#: 1049021 a former LPL Financial broker who pled guilty in Ohio to 135 counts in 2016, had an order filed against him by the Securities and Exchange Commission (SEC) on March 30, 2017 to bar him from the securities industry.  Tom Caniford was permanently barred by the Financial Industry Regulatory […]

Soreide Law Group obtained the following information from FINRA’s March 2017 Disciplinary Report: Christopher B. Ariola (CRD #2957096, Santa Monica, California) was barred by FINRA and ordered to pay a total of $137,993.13, plus prejudgment interest of $18,657.43, in restitution to clients for allegedly making unsuitable recommendations to elderly retirees to invest a substantial portion […]