Pruco Securities Dismisses Broker For Violating Annuity Regulations Gerald Ernest Vinella Junior (CRD#: 6260012, East Brunswick, New Jersey) is a prior registered representative of Pruco Securities, LLC. According to Vinella’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck profile, Vinella was employed as a Pruco Securities, LLC registered representative between November 1, 2013 and June 28, 2016, […]

Customer Files Suit Against Laidlaw For Churning Account David Michael Murray (CRD#: 1870050, New York, New York) is a prior registered representative of Laidlaw & Company (UK) LTD. According to Murray’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck profile, his sales practices have been contested by customers on four occasions. The disputes concern customers of Laidlaw […]

THOMAS A DAVIS CRD#: 6121035, a former registered representative with Wells Fargo Advisors in Hilton Head Island, SC, and a former registered banker with Wells Fargo Bank was named a respondent in a FINRA complaint alleging that he converted approximately $2,226 from an affiliated bank of his member firm without authorization from approximately January through […]

Soreide Law Group, based in Pompano Beach, Florida, obtained the following information on the former Boca Raton, Florida, broker from FINRA’s website. WILFRED RODRIGUEZ JR (also known as: WILFREDO RODRIGUEZ JR, WIL RODRIQUEZ) CRD#: 2504369, was barred by the Financial Industry Regulatory Authority, Inc. (FINRA) from acting as a broker or otherwise associating with a […]

KEVIN P SMITH (KEVIN PETER SMITH) CRD#: 1363302, a former Morgan Stanley financial advisor from Minneapolis, Minnesota, was barred by the Financial Industry Regulatory Authority, Inc. (FINRA) from acting as a broker or otherwise associating with a broker-dealer firm on October 8, 2018. According to FINRA, without admitting or denying the findings, KEVIN P SMITH […]

Customers Take Aim At SII Investments For Unsuitability SII Investments, Inc. (CRD#: 2225, Wisconsin) is a previously registered brokerage firm regulated by Financial Industry Regulatory Authority (“FINRA”) who has reported 13 regulatory events and 9 arbitrations – all of which reference allegations of SII Investments’ misconduct in the securities industry. Some of the SII Investments […]

Suitability Claims Filed Against Popular Securities, Miguel Cestero Miguel R. Correa Cestero (CRD#: 2765420, San Juan, Puerto Rico) has been a financial consultant of Popular Securities, LLC since July 28, 1997. Cestero’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck profile shows that when he was employed with Popular Securities, his activities served the basis of a […]

Customers Allege UBS, Fernando Rivera Misrepresented Securities Fernando Luis Castillo Rivera (CRD#: 1260734, San Juan, Puerto Rico) has been a registered representative of UBS Financial Services Inc. since June 6, 1984. Rivera disclosed on Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that his activities have led customers to file FINRA Arbitration #14-02509, alleging Rivera committed sales […]

Soreide Law Group is currently investigating claims by investors against Morgan Stanley involving the sale of the Morgan Stanley Cushing MLP High Income Exchange Traded Note.   ETNs are not be suitable for all investors. There are investors alleging that Morgan Stanley failed to disclose to clients the risk involved investing in this high-risk product.  […]