Soreide Law Group, a Florida-based law firm, has filed a FINRA arbitration on behalf of their client (Claimant) against: CETERA ADVISORS LLC (Respondent). The Claimant is a widow residing in Florida. The Claimant maintained accounts with the Respondent and its former Financial Advisor, CHARLES EDWARD KRSEK (CHUCK KRSEK).  Krsek is not named in this lawsuit. […]

Soreide Law Group, a South Florida-based law firm, has been contacted by investors who have allegedly suffered losses due to the recommendations of the AEGIS CAPITAL CORP. of Miami broker/investment advisor: RICK ALAN DAVIDSON (CRD#: 1315998) According to FINRA’s BrokerCheck, available to the public on FINRA’s website, RICK ALAN DAVIDSON, has been registered in the […]

On August 20, 2020, the Financial Industry Regulatory Authority (FINRA) suspended, Stephen Paul Florio, a former Raymond James of Ft. Lauderdale, broker/financial advisor for 10 business days and fined him $5,000.  Stephen Paul Florio is currently listed with Cambridge Investment Research, Inc. of Ft. Lauderdale, Florida. Florio’s suspension begins September 21, 2020 and ends October […]

Newbridge Broker Austin Dutton Supposedly Misrepresents Alternative Investments Droves of Investors are bringing lawsuits or complaints about securities broker Austin R. Dutton Jr. (CRD#: 2739167, Los Angeles, California). In fact, the Financial Industry Regulatory Authority (“FINRA”) shows that 23 investors have filed disputes about the sales practices of the securities broker, who worked for securities […]

McNally Broker Dennis Nakamura Investigated For Possibly Breaking FINRA Rules Investor Alert! The Financial industry Regulatory Authority (“FINRA”) barred securities broker Dennis M. Nakamura (CRD#: 819626, Moraga, California). Evidently, the securities broker – who worked for McNally Financial Services Corporation from 2010 to 2019 – refused to testify in a FINRA investigation about his investment […]

In a press release dated August 13, 2020, the Securities and Exchange Commission (SEC) announced charges against ROSS ADAM BARISH (ROSS BARISH) CRD#: 3094364, who is currently a registered representative with Joseph Stone Capital, LLC, located in Mineola, New York, for allegedly defrauding sixteen retail clients. The SEC's complaint against ROSS BARISH alleges that he […]

MICHAEL EDWARD FEELEY (Michael Feeley) CRD#: 4439025, formerly with Northwestern Mutual of West Palm Beach, Florida, was suspended by FINRA for 45 days and fined $7500 for allegedly making approximately 30 phone calls impersonating his clients or his supervisor. According to the FINRA report, without admitting or denying FINRA’s findings, Michael Feeley consented to the […]

FREDERICK SCOTT LEVINE (FRED LEVINE) CRD#: 1765119, a former Oppenheimer broker, currently with RBC Wealth Management of Florham Park, New Jersey, agreed to a $5,000 fine and a 3 month suspension from FINRA, for allegedly encouraging clients to prematurely sell unit investment trusts (UITs) and use the proceeds to buy new UITs in violation of […]

Morgan Stanley Wealth Management was fined $949,574, which included customer restitution, for allegedly failing to supervise a registered representative who allegedly traded corporate bonds excessively and preferred securities for five years. The Financial Industry Regulatory Authority (FINRA) stated that despite receiving hundreds of alerts, and in a compliance review concluding that their broker’s recommendations were […]