Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses information about securities broker / financial advisor Michael Harris Sears [CRD: 2205917, Englewood, Florida]. Sears has worked for several employers, including Osaic Wealth Inc. in Virginia Beach, Virginia, since January 19, 2024, and previously with Woodbury Financial Services Inc. from March 1, 2019, to January 19, 2024. He also worked for Questar Asset Management Inc. and Questar Capital Corporation in Englewood, Florida, from December 1, 2006, to March 1, 2019. Sears has faced client disputes over his career, including allegations of unsuitable recommendations and unauthorized trading. Keep reading for more details on these disclosures.
On October 6, 2022, a client of Questar Capital Corporation filed a complaint accusing Michael Sears of making unsuitable recommendations in real estate securities. The client asked for $5,000 in damages; however, Questar Capital Corporation denied the complaint, and no compensation was awarded.
Michael Sears was involved in another dispute that was resolved on March 4, 2016. A client accused Sears of providing misinformation that resulted in a loss of guaranteed income in a variable annuity. This matter settled for $53,500.
On December 2, 2010, a client initiated a FINRA Arbitration Claim about Michael Sears, alleging unsuitable trading in variable annuities. The dispute was resolved with a $40,000 settlement to the client. FINRA Arbitration No. 08-04210.
On April 13, 2009, a client of Questar Capital Corporation made a complaint alleging that Michael Sears engaged in unauthorized trading in stocks. The client requested damages, but the complaint was denied by the firm, resulting in no compensation.
For more information, contact Soreide Law Group online or call (888) 760-6552 to speak with a securities attorney. Sears and the firms he worked for deny allegations of sales practice violations. Soreide Law Group has experience representing investors throughout the country. The firm handles cases on a contingency basis.
The private market, once the exclusive playground of institutional investors, has increasingly opened its doors to individual investors seeking a piece of the next unicorn. Funds like the Advanced Technology Select Funds - targeting high-profile private companies such as Flexport, Plaid, and Cybereason - are a prime example of this trend. While the prospect of […]
Soreide Law Group, PLLC At Soreide Law Group, we help investors, shareholders, and publicly traded companies navigate the complex federal rules governing the resale of restricted or control securities. Our attorneys understand that clearing restrictive legends and ensuring compliance with Rule 144 or other resale exemptions can be time-sensitive and critical to protecting shareholder rights. […]
FINRA barred securities broker Emma Marie McAuley [CRD: 7178199, Auburn, Washington], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, McAuley worked for Edward Jones from November 4, 2019, to March 19, 2024. Keep reading to learn more about McAuley’s disclosures. FINRA Sanctioned McAuley For Failure To Respond Notably, on January 21, 2025, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com