Dawson James’ Peter Ruggiere Allegedly Made Unsuitable Trades Peter George Ruggiere (CRD#: 2248318, Boca Raton, Florida) has been a Dawson James Securities Inc. broker since February 6, 2008. Investors should be concerned that Peter Ruggiere has disclosed on his FINRA BrokerCheck profile that customers of Dawson James Securities, Inc., Josephthal & Co., Inc., and Newbridge […]

Moloney Securities’ David Todd Phillips Terminated For Outside Business Activities Moloney Securities’ David Todd Phillips Terminated For Outside Business Activities   David Todd Phillips (CRD#: 3094195, Gilbert, Arizona), is a prior securities broker for Moloney Securities Co., Inc. According to Financial Industry Regulatory Authority (“FINRA”) BrokerCheck, there are two disclosures about his alleged misconduct. Particularly, […]

Frank Dietrich Ponzi Scheme Frank Dietrich, broker at Quest Capital Strategies, was barred by FINRA for selling fake notes in a real estate Ponzi scheme.  Woodbridge Group filed for bankruptcy last year.  Frank Dietrich sold investors $10.8 million worth of promissory notes related to real estate holdings.  Frank Roland Dietrich used his 23 years of […]

GEORGE LOUIS MCCAFFREY III (GEORGE MCCAFFREY) CRD#: 847377, formerly with NTB FINANCIAL CORPORATION of Englewood, Colorado, was suspended and sanctioned by FINRA following allegations of participating in private securities transactions. On September 10, 2018, without admitting to or denying the findings, GEORGE MCCAFFREY consented to the sanctions and to the entry of findings that without […]

STEPHEN CORLEY CARVER (STEPHEN C. CARVER) CRD#: 2230161, a broker formerly with CETERA ADVISORS LLC of PEORIA, IL, had a complaint filed against him on October 10, 2018, alleging financial exploitation of the elderly, negligence, breach of fiduciary duty, unlawful conversion, breach of Illinois consumer fraud Act, fraud, negligent misrepresentation, breach of FINRA regulations, and […]

Customers File Disputes Involving UBS Financial Services’ Pedro Pons Pedro J. Jose Pons (CRD#: 2495983, San Juan, Puerto Rico) is a prior general securities representative of UBS Financial Services Inc. Throughout Pedro Pons’s employment, he serviced the investment accounts of approximately 19 customers that complained about his activities. A brief summary of Pedro Pons pending […]

Customers Bring Unsuitability Allegations Against FMSBonds’ Zachary Evan Feinsilver Zachary Evan Feinsilver (CRD#: 5023830, North Miami Beach, Florida) is a general securities representative of FMSBonds, Inc. He joined the firm on December 9, 2005. Critically, the Financial Industry Regulatory Authority BrokerCheck Report for Zachary Feinsilver shows that at least four customers disputed his sales practices. […]

STIFEL FINED $300K BY GALVIN WHILE INVESTMENT ADVISOR IS CHARGED OVER IMPROPER BUSINESS ARRANGEMENT According to a newspaper report known as ThinkAdvisor, a top Massachusetts’ police officer is currently investigating Stifel, and an investment advisor who had a deal with the company to manage all his clients’ trading. The publication cited a complaint filed by […]

According to FINRA’s BrokerCheck, in May of 2017 there were allegations brought against, PHILIP JAY PATLIS (CRD#: 1256755), a broker who is currently with SHEARSON FINANCIAL SERVICES, LLC, of Boca Raton, Florida. The Claimant alleged that his accounts were over-concentrated in collateralized mortgage obligations (CMOs) from September of 2015 through November of 2016. The Claimant […]