INVESTOR ALERT: Virginia Regulator Alleges UBS Made Unsuitable Recommendations UBS Financial Services, Inc. (CRD#: 8174, Weehawken, New Jersey) is a brokerage and investment advisory firm regulated collectively by Financial Industry Regulatory Authority (“FINRA”), Securities and Exchange Commission (“SEC”) and state securities regulators. Apparently, regulators have sanctioned UBS a number of times for securities industry misconduct. […]

Soreide Law Group is currently investigating claims and sales practices of broker, ROBERT SCOTT SMITH (ROBERT SMITH) CRD#: 1412333 of Lake Oswego, Oregon.  Smith is currently registered with Concorde Investment Services since 2011. Soreide Law Group was contacted by a client of broker, Robert Smith, who was sold GBP Automotive. GBP Automotive Portfolio, LP is […]

UBS Discloses Misconduct Allegations Against Brokers Julian Gingold, Robert Shultz, Gayle Dilla UBS Financial Services (CRD#: 8174, Weehawken, New Jersey), which is FINRA registered brokerage firm and SEC registered investment adviser firm, has disclosed through FINRA BrokerCheck that several of its own employees allegedly engaged in misconduct harming UBS Financial Services customers. For example, take […]

INVESTOR ALERT: Claims Against Michael Fitzgerald For Unsuitable Equity Investments Michael Edward Fitzgerald (CRD#: 209062, San Francisco, California) is a prior Morgan Stanley registered representative who worked at the firm’s San Francisco offices from June 1, 2009 to June 1, 2018. Apparently, Fitzgerald has sold investors equities including LINN Energy, Inc. (OTC: LNGG) and Seadrill […]

BHENOY DEMBLA (BEN DEMBLA, B DEMBLA) CRD#: 4357042 has been barred by FINRA from acting as a broker or otherwise associating with a broker-dealer firm on February 5, 2019. Dembla, formerly with Merrill Lynch of Chicago, without admitting or denying the findings, consented to the sanction and to the entry of findings that he allegedly […]

DENNIS ALLEN HAYES CRD#: 4403550, a broker formerly with Newbridge Securities of Boca Raton, Florida, had a complaint filed against him on January 11, 2019 by FINRA’s Department of Enforcement for alleged “selling away.” According to FINRA, between March 2010 and June 2016 while he was associated with Newbridge Securities Corporation in Boca Raton, FL, […]

FINRA Barred Cheryl Ann Stallings FINRA Barred A FORMER LPL BROKER WHO WAS IN CHARGE OF MANAGING CUSTOMERS ACCOUNTS Cheryl Ann Stallings was barred for allegedly circumventing LPL's fiduciary capacities policy The Financial Industry Regulatory Authority Inc. barred a former LPL Financial broker Monday who controlled two customers' bank accounts, bypassed LPL's supervision by not […]

Warning! Misconduct Alleged By Principal Securities Brokers Rick Bower, Steven Bohn, Brian Menzel Principal Securities, Inc. (CRD#: 1137, Des Moines, Iowa) is a Financial Industry Regulated Authority (“FINRA”) regulated brokerage firm. Additionally, the firm is as an investment adviser firm which the Securities and Exchange Commission (“SEC”) regulates. Apparently, since Principal Securities’ establishment, it made […]

INVESTOR ALERT!Customer Complaints About Ralph Quintana II, Centaurus Financial, Inc. Ralph Quintana II (CRD#: 2284803, Upland, California) is currently a broker for Centaurus Financial, Inc. Apparently, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report for Quintana shows that at least five investors filed disputes about his conduct. Notably, Pruco Securities, LLC and Centaurus Financial, Inc. customers […]