Unsuitability Lawsuits Filed Concerning Oriental Financial Services, Gustavo Melendez Gustavo Velazquez Melendez (CRD#: 4477946, Humacao, Puerto Rico) used to be an Oriental Financial Services Corp. general securities representative. Apparently, Melendez was associated with the firm between March 30, 2006 and March 6, 2017. Critically, FINRA BrokerCheck shows that approximately 29 customers have filed investment-related disputes […]

Attention: Soreide Law Group Investigating Unsuitable Sales Of GPB Funds Soreide Law Group is investigating potential claims on behalf of investors who purchased GPB Funds because of their broker’s investment recommendations. GPB Halts Private Placement Due To Financial Challenges Apparently, GPB Capital Holdings, founded in April 2013, is an alternative asset management company based in […]

Attention: Customer Files Fraud Claim Involving Windsor Street Broker Anthony Pace Anthony Pace (CRD#: 2481049, New York, New York) is a prior Windsor Street Capital, LP securities representative and supervisor. Apparently, Anthony Pace worked at the firm from October 28, 2015 to May 29, 2018 – the day FINRA expelled the firm. Notably, Anthony Pace […]

Customers Allege Misrepresentation By Allstate Brokers Patrick Phillips, Brian Toms Allstate Financial Services (CRD#: 18272, Lincoln, Nebraska) is a brokerage firm regulated by Financial Industry Regulatory Authority (“FINRA”). The firm has reported three regulatory actions concerning its failure to abide by securities industry rules and regulations. For example, FINRA fined the firm $1,000,000.00 for failing […]

Attention: Foresters Financial Services Discharges Brokers Ioulia Guerin, Richard Dismore Foresters Equity Services, Inc. (CRD#: 18464, San Diego, California) is a Financial Industry Regulatory Authority (“FINRA”) member brokerage firm. Evidently, as of December 14, 2018, it is pending withdrawal as a Securities Exchange Commission (“SEC”) registered investment adviser. Apparently, the firm reports on FINRA BrokerCheck […]

Deutsche Bank Securities Terminates Brokers Jonathan Sdao, Joseph Reardon Deutsche Bank Securities Inc. (CRD#: 2525) is a brokerage firm which the Financial Industry Regulatory Authority (“FINRA”) regulates. Also, the firm has an investment advisory which the Securities and Exchange Commission (“SEC”) regulates. Notably, Deutsche Bank Securities has a whopping two hundred eighty disclosures on FINRA […]

CUNA Brokerage Services Terminates Brokers Michael Grant, Michal Osgood CUNA Brokerage Services (CRD#: 13491) is a brokerage firm which is regulated by the Financial Industry Regulatory Authority (“FINRA”). CUNA also does business as an investment adviser firm regulated by the Securities and Exchange Commission (“SEC”).  Apparently, the FINRA BrokerCheck Report for CUNA Brokerage Services shows […]

FINRA Bars CP Capital Securities’ Alexis Lertora For Misrepresentation Alexis Lertora (CRD#: 4821845, Miami, Florida) is a past general securities representative of CP Capital Securities. He worked at CP capital Securities from June 2015 to April 2017. Apparently, three months later, on July 31, 2017, FINRA expelled the firm. Most importantly, Financial Industry Regulatory Authority […]

Morgan Stanley Customers Dispute Broker Vincent Magee’s Sales Practices Vincent Michael Magee (CRD#: 2720508, Marco Island, Florida) is a past general securities representative of Morgan Stanley. Specifically, at least seven customers of Morgan Stanley and Raymond James & Associates, Inc. (Vincent Magee’s prior employer) complained about Vincent Magee’s sales practices. Take a look at some […]