Financial Industry Regulatory Authority (FINRA) BrokerCheck shows disclosures about securities broker Caz Craffy (also known as Carz Levinski Craffey) [CRD: 5222223, Point Pleasant Beach, New Jersey]. Craffy worked for Newbridge Securities Corporation from May 2017 to March 2021 and with Monmouth Capital Management LLC from April 2021 to November 2022. Keep reading to learn more about the disclosures, including regulatory actions and client disputes about Craffy.
On May 9, 2024, a client of Newbridge Securities Corporation brought FINRA Arbitration No. 24-01017, accusing Caz Craffy of breach of fiduciary duty, negligence, and failure to supervise. The client alleged these actions caused damages. Consequently, the client is seeking $100,000 in compensation from Newbridge Securities Corporation. This matter is currently pending a resolution.
On July 7, 2023, the United States Securities and Exchange Commission (SEC) made a complaint in the U.S. District Court for the District of New Jersey, alleging that Caz Craffy violated Regulation Best Interest. The SEC accused Craffy of harming Gold Star family members and other clients, engaging in unauthorized trading, and misappropriating funds. The SEC further alleged that Craffy failed to act in his clients’ best interest, causing $1.8M in both realized and unrealized losses. This matter is ongoing, and Craffy denies the allegations.
On May 22, 2023, the New Jersey Bureau of Securities issued an order revoking Caz Craffy’s registration. The order followed Craffy's expulsion from a self-regulatory organization.
In 2023, a client brought a dispute about Caz Craffy. Namely, the client accused Craffy of negligence, unauthorized transactions, breach of contract, breach of fiduciary duty, and unjust enrichment during his time at Newbridge Securities Corporation and Monmouth Capital Management LLC. No compensation was awarded as the dispute was withdrawn.
Contact Soreide Law Group online or call (888) 760-6552 to speak with a securities attorney for more information. Craffy and the brokerage firms he worked for deny accusations of sales practice violations. Soreide Law Group has experience representing investors throughout the country and handles cases on a contingency basis.
Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker Gregory Alan Corrie [CRD: 1982814, Boise, Idaho]. Corrie, who worked for firms including Cambridge Investment Research, Inc. from January 2020 to March 2023 and Cetera Advisors LLC from November 2017 to November 2019, is the subject of multiple adverse disclosures. Recent regulatory actions and […]
Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker William Charles Burks II (also known as Bill Burks) [CRD: 2944992, Flower Mound, Texas]. William Burks has been registered with Centaurus Financial, Inc. since 2000 and has amassed over 27 years of experience in the securities industry. Recent disclosures reveal concerns about Burks’ conduct, […]
Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker Luke M. Johnson (also known as Luke Johnson) [CRD: 3257008, Scottsdale, Arizona]. Johnson worked for Coastal Equities, Inc. from April 2012 to December 2019. Recent disclosures reveal concerns about Johnson’s conduct, including allegations of unsuitable recommendations, misrepresentation, and regulatory violations. Coastal Equities Client Files […]
Phone:
Fax: 1-954-760-6553
Email: [email protected]