SEC Orders Morgan Stanley To Pay $3.6M For Failure To Supervise Barry Connell Barry Franklin Connell (CRD#: 3070984, Ridgewood, New Jersey) is a past securities broker of Morgan Stanley. Particularly, Connell worked at the firm’s Ridgewood, New Jersey offices from June 1, 2009 to December 7, 2016. Morgan Stanley ended his employment claiming that Connell […]

Soreide Law Group has filed a FINRA arbitration on behalf of their clients (Claimants) against: VANDERBILT SECURITIES, LLC (Respondent) The Claimants are a married couple residing in New York.  The lawsuit alleges that the Claimants are bringing this case to recover damages suffered due to the misconduct of VANDERBILT SECURITIES and their former financial advisor, […]

INVESTOR ALERT: Accelerated Capital Group Customer Dispute Involving Aaron Brodt Soreide Law Group is reviewing possible claims of unsuitability against Aaron Paul Brodt (CRD#: 5017914, Scottsdale, Arizona), an Accelerated Capital Group securities representative. Apparently, Brodt’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report shows that four customers complained about him. For example, take a look at […]

Soreide Law Group recently filed a FINRA arbitration on behalf of our client (Claimant) against: LPL FINANCIAL LLC (Respondent) The Claimant resides in Illinois and resided there during the time he maintained accounts with the Respondent.  LPL is a full-service securities broker/dealer with offices around the country. The Claimant brings this lawsuit due to LPL […]

FINRA Complaint Alleges Wells Fargo’s DAVID MANOR Made Unsuitable Trades On April 16, 2019, FINRA brought Complaint #2017056648801 against Wells Fargo broker David Manor (CRD#: 6033220, Boston, Massachusetts), alleging Manor broke FINRA rules by engaging in outside business activities. FINRA Department of Enforcement claims Manor was involved in an undisclosed outside business activity and engaged […]

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against:  PRINCIPAL SECURITIES, INC. (Respondent) The Claimant is a widow residing in Texas. At all times relevant to this lawsuit the Claimant maintained her accounts at PRINCIPAL SECURITIES. According to the lawsuit the Claimant is seeking damages relating to the misconduct […]

Soreide Law Group has filed a FINRA arbitration on behalf of their client (Claimant) against: SUMMIT BROKERAGE SERVICES, INC. (Respondent) The Claimant, residing in Illinois, alleges losses due to the actions of SUMMIT BROKERAGE SERVICES. The lawsuit alleges that the Respondent’s registered representative, VICTOR A. RIGONI III (VICTOR RIGONI ) CRD#: 4272056, solicited the Claimant […]

INVESTOR ALERT: FINRA Files Complaint Against Columbus Advisory Group’s MICHAEL MURPHY The Financial Industry Regulatory Authority (“FINRA”) announced that it filed a Complaint against Columbus Advisory Group, LTD securities representative Michael Patrick Murphy (CRD#: 2596905, New York, New York). Specifically, FINRA Department of Enforcement claims Murphy did not report a total of $6,000,000 in NY […]

The Financial Industry Regulatory Authority, Inc. (FINRA), according to news reports, has ordered RBC CAPITAL MARKETS to pay an 80 year-old client more than $50,000 following a FINRA arbitration panel ruling that the US broker/dealer of the Royal Bank of Canada violated FINRA rules and the laws of Florida. The FINRA arbitration panel ruled in […]