The Soreide Law Group, based in Florida (888) 760-6552, obtained the following summary from FINRA’s website, under “Disciplinary and Other FINRA Actions March 2015.”
Michael Vincent Borja (CRD #5451360, Miami, Florida)
was assessed a deferred fine of $5,000 and suspended by FINRA for 45 days for allegedly proceeding with wire transfer requests, from an imposter posing as a client, without first obtaining verbal confirmation from the client, which was his member firm’s policy.
FINRA's findings stated that Borja falsely represented in his firm’s records that he verbally confirmed wire requests with the client and also provided fictitious reasons for the client’s transfer instructions.
Also, FINRA's findings stated that Borja caused his firm to maintain false books and records concerning these wire transfer requests.
The suspension is in effect from February 2, 2015, through March 18, 2015.
(FINRA Case #2013037029901)
Michael V. Borja was registered with the following firms:
01/2012 - 05/2013 WELLS FARGO ADVISORS, LLC (CRD# 19616) - MIAMI, FL
02/2009 - 01/2012 OPPENHEIMER & CO. INC. (CRD# 249) - MIAMI, FL
02/2008 - 02/2009 UBS INTERNATIONAL INC. (CRD# 107726) - CORAL GABLES, FL
This summary of information from FINRA's website ends here.
Call Florida-based Soreide Law Group for a free consultation on how to potentially recover your financial losses at 888-760-6552.
CLIFFORD RONALD REID (CLIFFORD R REID) was previously registered with REID RUDIGER LLC of New York, NY from 10/06/1999 - 04/30/2026. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, CLIFFORD R REID has 34 years of experience in the securities industry and was listed as a broker with 4 firms. Reid is […]
Investors might have sustained losses due to securities broker Elizabeth Florence Ortiz (also known as Elizabeth Barber, Betsy Barber, and Betsy Ortiz) [CRD: 6818113, Austin, Texas], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Ortiz has worked for Charles Schwab Co. Inc. from December 11, 2017, to the present. Read on to […]
Investors potentially incurred losses because of securities broker James Anthony Medsker (also known as Jim Medsker) [CRD: 1294250, Dublin, Ohio], given the disclosures located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Medsker worked for Wells Fargo Clearing Services LLC from October 26, 2018, to January 25, 2024. Investors are encouraged to continue reading to learn […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com