Soreide Law Group is looking into potential investor disputes against securities broker Maria Tamburro [CRD#: 5977689, Florham Park, New Jersey]. Mainly, New Jersey Bureau of Securities revoked her securities agent license and FINRA barred her for unauthorized trading. Tamburro, who most recently worked for Ameriprise Financial Services from 2011 to 2016, was also uncooperative in an investigation. Here is a brief summary of the allegations against Tamburro:
Apparently, on September 20, 2018, New Jersey Bureau of Securities ordered the revocation of Maria Tamburro’s securities license because FINRA barred her. Notably, New Jersey Bureau of Securities asserted that the self-regulatory organization “expelled” her for unauthorized trading.
Evidently, FINRA issued Acceptance, Waiver and Consent ("AWC") #: 2018056872301 on May 29, 2018 barring Maria Tamburro for unauthorized trading. FINRA says that in 2016, she made $260,000 in mutual fund purchases for 6 clients. Allegedly, Tamburro charged more than $7,500 in commissions for unauthorized mutual fund purchases. It also appears that the securities broker did not call clients before making purchases. In addition, FINRA says that Tamburro sold a client’s securities and made fund transfers without permission. Therefore, on May 29, 2018, FINRA indefinitely barred her from maintaining any association with FINRA members.
Apparently, FINRA also issued Letter #: 2016051905301 on September 25, 2017 barring Maria Tamburro between September 25, 2017 and October 13, 2017. Allegedly, Tamburro failed to respond to FINRA's request for information. This could have been a pre-investigation inquiry or some other matter requiring Tamburro’s attention that she disregarded.
Experienced losses by investing through Maria Tamburro? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with experienced counsel concerning a possible recovery of your investment losses. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The law firm has recovered millions of dollars for clients who have incurred losses due to misconduct of securities brokers like Tamburro and their employers.
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 […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com