Investors might have sustained losses due to securities broker Joshua Shipley [CRD: 6631027, New York, New York], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, Shipley joined Dominari Securities LLC on April 13, 2023. Before that, he worked at Revere Securities LLC from January 20, 2021 to April 12, 2023. Read on to learn more about the allegations involving this broker.
Particularly, on March 19, 2025, a Dominari Securities LLC client filed FINRA Arbitration No. 25-00572 about Joshua Shipley. The client alleged that Shipley misallocated shares of an initial public offering (IPO). For this reason, the client allegedly sustained damages linked to stocks. Therefore, the client requested up to $5,000,000.00 in compensation from Dominari Securities or Shipley. Evidently, this arbitration is pending a resolution.
Allegations of misallocation of shares typically refer to claims that a securities broker unfairly or improperly distributed IPO or other securities, potentially favoring certain clients over others. This can lead to significant losses if investors were wrongfully denied access to profitable investment opportunities. Unauthorized trading occurs when a securities broker executes transactions in a client’s account without the client’s prior consent, violating trust and possibly causing financial harm.
Did you experience losses because of Joshua Shipley? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney. Soreide Law Group helps recover losses for investors throughout the US. Also, the firm takes investor cases on a contingency fee basis and advances all costs. Shipley and brokerage firms Shipley worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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