Soreide Law Group is conducting an investigation into WESTERN INTERNATIONAL SECURITIES, INC. of Pasadena, California, financial advisor, KAREN TRAN CHUNG (KAREN CHUNG). According to FINRA’s  BrokerCheck, KAREN CHUNG, has been in the securities industry for 20 years and has been listed with 4 firms.  She is currently listed with, WESTERN INTERNATIONAL SECURITIES, INC., 70 S. […]

According to a recent article in Wealth Management, Stifel will pay over $400,000 to settle FINRA disciplinary charges that the firm allegedly did not properly supervise one of their registered representatives who misappropriated over $100,000 from an elderly client. Stifel agreed to the penalties without admitting or denying FINRA’s findings. In addition to a $400,000 penalty, Stifel […]

JAYSON R POCIUS, a former broker with Wells Fargo Advisors Financial Network, LLC of Arlington Heights, IL, who was registered with Wells Fargo from 2019 through June of 2023, was barred from the securities industry by FINRA on March 8, 2024, after he failed to cooperate with an investigation by the Financial Industry Regulatory Authority […]

Soreide Law Group has filed a FINRA arbitration on behalf of their clients (Claimants) against: MOLONEY SECURITIES CO., INC. and their registered representative, EDWARD H PRINCE. (Respondents) The Claimants, a married couple, reside in Kansas.  They have been clients of EDWARD H PRINCE since 2012. The lawsuit alleges that the Respondents knew the Claimant’s had […]

The Financial Industry Regulatory Authority (FINRA) has fined, JEFFREY WAYNE DAVIDSON (Jeffrey W Davidson) $15,000 and suspended him for 21 months from associating with any FINRA member in all capacities beginning 2/19/2024 and ending 11/18/2025. Davidson was accused of raising over $10 million for a fitness company he owns without receiving written approval from this […]

The Financial Industry Regulatory Authority (FINRA) has suspended and fined a former NETWORK 1 FINANCIAL SECURITIES of Huntington Station, New York, broker with violating Regulation Best Interest (Reg BI) for excessive trades in a client’s account. CHARLES VINCENT MALICO (CHARLIE MALICO, CHARLES V MALICO) was suspended for six months and ordered to pay a $5,000 […]

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: OPPENHEIMER & CO., INC. (Respondent) The Claimant is retired and living in South Florida. The lawsuit alleges that the Claimant advised the Respondent and its Financial Advisor, E. Matthew Steinberg (Matthew Steinberg), that he wanted to safely generate retirement income. […]

Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CENTER STREET SECURITIES, INC., and their former registered representative, MICHAEL P ECKER. (Respondents) The Claimants are retired and living in Fort Lauderdale, Florida. The Claimant allegedly met MICHAEL P ECKER at a dinner seminar for retirees in 2016 and opened […]

Financial Industry Regulatory Authority (FINRA) BrokerCheck shows that investors have filed suitability disputes about securities broker Michael Howard Rosenmayer [CRD: 2352488, Los Angeles, California]. Evidently, he joined Oppenheimer Co. Inc. on June 14, 2007. Below, investors can learn more about these disclosures about the securities broker. Michael Rosenmayer Disclosed Breach Of Contract Allegations By Oppenheimer […]