Soreide Law Group (888-760-6552) obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, January 2017.” Kevin Lawrence Barbalace (CRD #4456476, Baltimore, Maryland) was assessed a deferred fine of $5,000 and suspended by FINRA for three months for allegedly making unsuitable investment recommendations to a client, and exposing the client to a […]

Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, January 2017.” VFG Securities, Inc. (CRD® #15121, Culver City, California) and Jason Bryce Vanclef (CRD #5096529, San Luis Obispo, California) VFG Securities, Inc. was censured and fined $50,000, of which $10,000 is joint and several with Vanclef. Vanclef was […]

A Soreide Law Group (888-760-6552) obtained the following information from FINRA’s Disciplinary Actions December 2016. Mark Tauzin (CRD #1716373, Lafayette, Louisiana) was assessed a deferred fine of $20,000, suspended by FINRA for eight months, and required to pay deferred disgorgement of ill-gotten gains in partial restitution in the total amount of $205,115.02, plus interest, to […]

JEROME S. KRAUSE (CRD# 1582647) Alternate Name: JERRY KRAUSE, formerly with First Heartland Capital Inc., must pay $600,000 in damages to an elderly couple after he allegedly took money from them, according to the Financial Industry Regulatory Authority Inc. (FINRA). FINRA stated that Jerome S. Krause’s clients, both in their 80s, claimed Krause used his […]

In August, FINRA suspended top producing advisor, ADAM D. ESTES (CRD# 4089657), of Hilliard Lyons, Bloomington, Indiana, for 15 months, and fined Estes $15,000. Allegedly, Estes engaged in 11 private securities transactions without his firm's permission which totaled over $1.2 million between May of 2012, and March of 2014.  Estes provided about $652,000 and other […]

The Florida-based Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2016.” Armando Fernandez (CRD #3079602, Miami Shores, Florida) was fined $7,500 and suspended from association with any FINRA member in any capacity for 20 business days. According to FINRA’s findings, allegedly Fernandez exercised discretion in a […]

The South Florida based law firm, Soreide Law Group, obtained the following summary of information from FINRA's website under, "Disciplinary and Other FINRA Actions, April 2016." CHRISTOPHER B. KELLY (CRD# 2306054, Jupiter, Florida) was assessed a deferred fine of $10,000 and suspended by FINRA for four months for allegedly borrowing $150,000 from clients which is […]

The Florida-based Soreide Law Group (888-760-6552) obtained the following information on FINRA’s website listed under, “Disciplinary and Other FINRA Actions, April 2016.”   Brian Lewis Pittman (CRD #2963196, Orlando, Florida) was assessed a deferred fine of $10,000 and suspended for six months for allegedly participating in a private securities transaction without providing prior written notice […]

The Soreide Law Group, (888) 760-6552, recently obtained the following information from FINRA's website under “Disciplinary and Other FINRA Actions, March 2016.” JAMES W. ANDERSON (CRD #1060765, Anthem, Arizona) Alternate Names: JIM ANDERSON was assessed a deferred fine of $15,000 and suspended by FINRA for 15 months for allegedly failing to appropriately supervise the sales […]