The Fort Lauderdale-based, Soreide Law Group, (888) 760-6552, obtained this summation of the following information from FINRA’s website under “Disciplinary and Other FINRA Actions, April, 2014.”
Timothy Burke Ruggiero (CRD #2119642, Registered Principal, Plantation, Florida)
was barred by FINRA for allegedly engaging in intentional stock price manipulation. FINRA's findings stated that Ruggiero not only allegedly participated in the manipulative stock price scheme, but as the firm’s President and Chief Executive Officer (CEO), did not stop it, even though he was in the position to do so.
According to the FINRA report, Ruggiero allegedly traded in stock for two offerings during the restricted periods. Also, allegedly Ruggiero forged initials on the order tickets for supervisory evidence in the transactions. Ruggiero did not ensure that the firm had an effective system for electronic communications in place.
Also in the FINRA report, it alleges that Ruggiero failed to supervise the firm’s trading and electronic communications. Timothy Ruggiero failed to ensure that his firm had the proper system to retain the emails and prevent the use of outside, personal email accounts. (FINRA Case #2008011675301)
According to FINRA's BrokerCheck, Timothy Burke Ruggiero was previously registered with the following FINRA firm(s):
BROOKSHIRE SECURITIES CORPORATION (CRD# 44347) - FT. LAUDERDALE, FL
05/1998 - 03/2009
HAMPSHIRE SECURITIES CORPORATION (CRD# 19725) - NEW YORK, NY
09/1995 - 02/1997
JOSEPHTHAL LYON & ROSS INCORPORATED (CRD# 3227) - NEW YORK, NY
12/1993 - 10/1995
A.S. GOLDMEN & CO., INC. (CRD# 23180) - RED BANK, NJ
03/1993 - 01/1994
M.S. FARRELL & COMPANY, INC. (CRD# 24232) - SYOSSET, NY
03/1992 - 02/1993
PARAGON CAPITAL CORPORATION (CRD# 18555) - EAST HANOVER, NJ
FINRA expelled the firm in 02/2004 12/1991 - 03/1992
JOSEPHTHAL LYON & ROSS INCORPORATED (CRD# 3227) - NEW YORK, NY
07/1991 - 12/1991
D. H. BLAIR & CO., INC. (CRD# 6833) - NEW YORK, NY
05/1991 - 07/1991
This ends the summation of information from FINRA's website.
Soreide Law Group represents investors nationwide before FINRA. Call for a free consultation with an attorney at (954) 760-6552.
Soreide Law Group is investigating potential investor claims involving DCM US Multi-Family Homes PLC notes sold or recommended through Andbanc Brokerage LLC. They are also investigating sales or recommendations through Andbanc Advisory LLC. Additionally, they are reviewing sales or recommendations through BCI Securities, Inc., Boreal Capital Securities, LLC (also known as Mora Capital Securities), and […]
Soreide Law Group está investigando posibles reclamaciones de inversionistas relacionadas con los bonos de DCM US Multi-Family Homes PLC vendidos o recomendados a través de Andbanc Brokerage LLC, Andbanc Advisory LLC, BCI Securities, Inc., Boreal Capital Securities, LLC (también conocida como Mora Capital Securities). Por otro lado, Mora WM Securities, LLC también estuvo involucrada. Si […]
Contact Soreide Law Group for a Free Review of Your Potential Investment Loss Claim If your financial advisor recommended Creative Media & Community Trust (NASDAQ: CMCT) and you suffered substantial losses, you may have legal rights. A CMCT investment loss attorney can help you understand your options and pursue recovery. Many investors purchased CMCT believing […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com