The following information is located on FINRA’s website under “Disciplinary and Other FINRA Actions, February, 2014.” Violeta Maria Godoy Zuniga (CRD #5792585, Registered Representative, Doral, Florida) was barred by FINRA for alleged misappropriation of $7,000 from a bank customer for her own personal use. Godoy Zuniga assisted a customer in opening a savings account. The […]

Soreide Law Group, at (888) 760-6552, has obtained this summation of information from FINRA’s website listed as “Disciplinary and Other FINRA Actions, February, 2014.” Charles William Doller III (CRD #2389795, Registered Principal, Yorktown Heights, New York) was fined $20,000 and suspended for two years by FINRA for allegedly failing to supervise a broker engaged in […]

Charles B. Davis, a former broker with Transamerica Financial Advisors Inc., was ordered by the Financial Industry Regulatory Authority Inc. (FINRA) arbitration panel to pay a former client $250,000 in punitive damages. The punitive damages ordered by FINRA against Charles B. Davis, sends a message to brokers/financial advisers that they will be fined heavily for […]

Ridgewood Energy Corporation, of Ridgewood, New Jersey, manages private investment funds that develop and drill oil and gas projects located in the United States waters in the Gulf of Mexico. Many broker/dealers have sold Ridgewood Funds to their clients without conducting the a proper suitability analysis for such investments. These funds were not suitable for […]

Soreide Law Group, (888) 760-6552, obtained this information from FINRA’s website listed as “Disciplinary and Other FINRA Actions, February, 2014.” Gary Joel Chackman (CRD #1705039, Registered Principal, North Wales, Pennsylvania) was barred by FINRA. According to the FINRA investigation, Gary Chackman recommended real estate investment trusts (REITs) and other alternative investments to his member firm […]

On February 24th., 2014, the Financial Industry Regulatory Authority, also known as FINRA announced that it fined Berthel Fisher & Company Financial Services, Inc. and its affiliate, Securities Management & Research, Inc., of Marion, Iowa. The fine totaled $775,000 for supervisory deficiencies. This fine included Berthel Fisher's failure to supervise the non-traded real estate investment […]

Joshua Daniel Mosshart, General Securities Representative and General Securities Principal CRD No. 3174050 According to FINRA in May, 2011, Joshua Mosshart had asked permission from his firm, LPL Financial, to be an Enviro Board sales representative. Mosshart was approved by LPL and was told not to solicit investors in Enviro Board. This would require Mosshart […]

Cory Ward Taylor, Registered Representative, CRD No. 4397111, was fined $15,000 and suspended for six weeks by FINRA. According to FINRA's investigation, Cory Taylor purchased Facebook stock on May 18, 2012, the day of the IPO, in 54 accounts for 44 different client groups, some who had multiple accounts. Taylor spoke to 30 of his […]

Marilyn T. Myers, CRD No. 1620382, has been fined $20,000 and suspended for two years by FINRA. According to FINRA's investigation, from September 2009 through February 2011, Marylin T. Myers participated in private securities transactions without notifying her firm, or obtaining the written approval from her firm. Myers invested in a privately-held company known as […]