JEFF NIMMOW Sell You Bad Investments? Soreide Law Group is considering bringing claims on behalf of investors who incurred losses by investing with Jeff Nimmow (CRD#: 2693601, Hillside, Illinois). According to Nimmow’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report, at least four clients complained about his sales practices. Not only that, but Forest Securities discharged […]

BRENDA SMITH Barred By FINRA The Financial Industry Regulatory Authority (“FINRA”) announced that it barred CV Brokerage Inc. financial and operations principal and securities broker Brenda Smith (CRD#: 4348518, West Conshohocken, Pennsylvania). Apparently, Smith, whom CV  Brokerage Inc. disaffiliated with June 14, 2019, executed a Letter of Acceptance, Wavier and Consent (the “AWC”) #: 2017052325901 […]

SUMMIT BROKERAGE SERVICES Reprimanded By FINRA The Financial Industry Regulatory Authority (FINRA”) announced that it sanctioned Summit Brokerage Services Inc. (CRD#: 34643, Boca Raton, Florida). Evidently, Summit failed to supervise securities brokers’ investment recommendations to prevent excessive trading. The securities firm also failed to supervise securities brokers’ use of consolidated reports. Summit “accepted” that it […]

WILLIAM ROBERTSON Give You Bad Investment Recommendations? Soreide Law Group is evaluating possible claims on behalf of investors who suffered losses by investing with First Allied Securities Inc. broker William Robertson (CRD#: 823461, Deer Park, Texas). According to the Financial Industry Regulatory Authority (“FINRA”) BrokerCheck, at least five clients complained about Robertson’s sales practices. Here’s […]

JEFFREY SCHWEBACH Suspended By FINRA The Financial Industry Regulatory Authority (“FINRA”) announced that it issued Independent Financial Group (“IFG”) broker Jeffrey Schwebach (CRD#: 1606537, Dell Rapids, SD) an 8 month suspension for selling away (engaging in securities transactions outside the scope of the broker’s employment). Notably, Schwebach submitted a Letter of Acceptance, Waiver, and Consent […]

DONALD FOWLER Liable For Securities Fraud The Securities and Exchange Commission (“SEC”) announced on June 20, 2019 that Donald Fowler (CRD#: 4989632, Syosset, New York) was found guilty of securities fraud. Notably, a jury returned a verdict in favor of SEC in Case #: 1:17-cv-00139. Here’s more on the SEC action against Fowler: SEC Charges […]

GPB Armada Waste Management Losses? Soreide Law Group is reviewing possible claims of unsuitability against brokers who sold investors Armada Waste Management LP. Evidently, alternative asset management company, GPB (New York, New York) issued more than $163,000,000 in Armada Waste Management securities. However, the fund’s approximate value now stands at just over $53,000,000. This 67% […]

MICHAEL BARNETT Sell You Unsuitable Investments? Have you invested with JJB Hilliard WL Lyons LLC general securities representative Michael Barnett (CRD#: 5792242, Marion, Illinois)? It appears from Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that Barnett may have sold unsuitable alternative investments. Soreide Law Group is evaluating possible investor claims against Barnett given this information. Here […]

MICHAEL VETERE Losses? Investors are disputing the sales practices of TFS Securities Inc. general securities representative Michael Vetere (CRD#: 4275271, Bayside, New York), who registered through TFS Securities Inc. from April 28, 2016 to June 27, 2018. Notably, the Financial Industry Regulatory Authority (“FINRA”) shows on BrokerCheck that since February 12, 2018, at least three […]