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 […]

TROY CHRISTOPHER BALDRIDGE (CRD#: 2976766), a 48 year-old former registered investment advisor and broker/dealer in Glen Allen, Virginia, stole more than $500,000 from 15 clients over a five-year period.  Troy C. Baldridge was sentenced on March 10, 2017, to three years and five months in prison. Troy C. Baldridge, pleaded guilty in December 2016 to […]

Soreide Law Group obtained the following information fro:m FINRA’s Disciplinary Report and BrokerCheck: ERIC S. DARTY (ERIC DARTY) CRD#: 6314905 a broker formerly with BBVA Securities in Birmingham, Alabama, was barred by FINRA on February 14, 2017, for failing to cooperate with a FINRA investigation into alleged misconduct. The FINRA report stated that ERIC DARTY […]

On February 14, 2017, the Financial Industry Regulatory Authority (FINRA) announced that a FINRA hearing panel has expelled Plano, TX-based Red River Securities, LLC, and barred its CEO, Brian Keith Hardwick. Red River Securities, LLC, and Hardwick, were ordered by FINRA to jointly and severally pay $24.6 million in restitution to clients for fraudulent sales […]

The South Florida-based Soreide Law Group (888-760-6552) obtained the following information on FINRA’s website: ALEJANDRO FALLA (ALEJANDRO FALLA CARRASCO) (CRD #5064828, Miami, Florida) According to FINRA’s BrokerCheck, in September 2016, ALEJANDRO FALLA was named a respondent in a FINRA complaint alleging that as the Chief Executive Officer and head trader of BAC FLORIDA INVESTMENTS, he […]