The Florida-based Soreide Law Group was recently contacted by a client of Florida broker/investment advisor, PHILIPPUS THEUNIS VAN STADEN (PHILIPPUS VAN STADDEN, PHILIP VAN STADEN), who was sold iCap Investments. Van Staden has been with GREEN VISTA CAPITAL, LLC of Winter Park, Florida since July of 2018. He was previously listed with The Strategic Financial […]

On September 5, 2023, KEVIN JOSEPH CARROLL, who was most recently with Wells Fargo and then LPL Financial, both of Glastonbury, Connecticut, was fined $10,000 and suspended for 4 months for allegedly borrowing money from one of his clients, who was also a friend.  Also, he allegedly did not get other clients’ written approval for trades […]

On September 19, 2023, the Financial Industry Regulatory Authority (FINRA) barred LESLIE DON JACKSON (LES JACKSON) a former financial advisor accused of allegedly failing to notify his firm about promissory notes that he had recommended to investors and/or bought for himself. Jackson, according to FINRA’s BrokerCheck, was registered with Momentum Independent Network, Inc. of Dallas, […]

Soreide Law Group has filed a FINRA arbitration on behalf of their client (Claimant) against: AMERICAN TRUST INVESTMENT SERVICES, INC. (Respondent) The Claimant, a divorced mother of three in her 60s, is living in Illinois. On or about 2015, the Claimant attended a presentation of formerly registered representative, DAVID RICHARD GEAKE.  Geake transferred to AMERICAN […]

The South Florida-based, Soreide Law Group, obtained the following information on Florida broker, RONALD ERNEST FILORAMO (RONALD FILORAMO) formerly of Morgan Stanley of Ft. Lauderdale, Florida, from FINRA’s BrokerCheck. On September 19, 2023, FINRA barred Filormo from acting as a broker or otherwise associating with a broker-dealer firm. RONALD FILORAMO was previously registered both as […]

The Securities and Exchange Commission (SEC) filed partially settled charges against Joseph Michael "Mike" Todd, a resident of Panama City, Florida, and his entities Todd Financial Services, LLC (TFS) and TFS Insurance Services LLC (TFS Insurance). Joseph Michael Todd a former financial advisor/broker with Centaurus Financial was charged by the SEC in an alleged scheme […]

The Financial Industry Regulatory Authority (FINRA) barred BRAD MICHAEL JACOBSON (BRAD M JACOBSON), formerly with WELLS FARGO CLEARING SERVICES, LLC of Linwood, New Jersey on July 5, 2023. Jacobson was with Wells Fargo from 11/16/2011 - 04/25/2022. Without admitting or denying FINRA’s findings, Jacobson consented to the sanction and to the entry of findings that […]

On August 3, 2023, the Financial Industry Regulatory Authority (FINRA) barred TIMOTHY JAMES BRESLIN a former financial advisor/broker who was accused of allegedly falsifying financial statements. According to the FINRA report, without admitting or denying FINRA’s findings, TIMOTHY JAMES BRESLIN consented to the sanction and to the entry of finding that he allegedly provided falsified […]

The Securities and Exchange Commission (SEC) recently announced charges against, CLARICE CRYSTAL SAW (CLARICE SAW, CHIN SAW, CLARICE CHIN SAW) for allegedly defrauding an elderly client of approximately $2.4 million.  According to the allegations, Saw then used the funds to finance her own personal spending. According to the SEC complaint, the alleged victim is a […]