Soreide Law Group (888-760-6552) currently has three pending FINRA arbitrations against the firm of Meyers Associates, LP.
In other actions, on February 19, 2016, the Financial Industry Regulatory Authority (FINRA) announced that it barred broker George Johnson from the securities industry for allegedly engaging in a manipulative trading scheme to artificially inflate the market price and trading volume for the common stock of IceWEB, Inc. ( IWEB).
Also, FINRA sanctioned Christopher Wynne, Johnson's supervisor at the time, and suspended him for two years in all capacities, barring him from a principal capacity, and fining him $25,000.
Joseph Mahalick, a broker who had worked with Johnson and Wynne, was suspended for six months and fined $20,000. Allegedly Mahalick falsified firm records and has been barred from the securities industry in a separate action.
Johnson, Wynne and Mahalick all were employed with Meyers Associates L.P. in the firm's Chicago branch office during the time period of the misconduct.
FINRA found that within an eight-day period, Johnson manipulated the market for IWEB by recommending that certain of his clients buy at increasingly higher and artificially inflated prices while also recommending his other clients sell their shares.
Also, FINRA discovered that allegedly Johnson and Wynne sent clients IWEB sales materials that omitted information concerning material conflicts of interest and material risks concerning IWEB's business, and contained misleading information.
FINRA's investigation found that to allegedly cover up Johnson's violations of state securities registration requirements, Johnson, Mahalick and Wynne agreed to the entering false information on more than 100 order memoranda, indicating that either Wynne or Mahalick was responsible for the account or transactions, instead of Johnson.
Soreide Law Group has currently filed three FINRA arbitrations against Meyers Associates L.P. If you have also been a client with any of the previously named brokers, or any other brokers associated with Meyers Associates L.P, and have experienced losses due to your broker’s recommendations, call for a no-cost consultation with a lawyer on how to possibly recover your losses at: 888-760-6552.
Soreide Law Group represents clients nationwide in FINRA arbitrations.
Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: TEXAKOMA FINANCIAL, INC. and their registered representative, SHEA PETER KENNEDY (SHEA P KENNEDY) (Repondents). The Claimant resides in Nevada, and according to the lawsuit, around August of 2023, SHEA P KENNEDY contacted the Claimant unsolicited, apparently after the Claimant had […]
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
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