NEXT Financial Group, Inc. (CRD #46214, Houston, Texas)
was censured, fined $265,000 and ordered to pay $177,071.01, plus interest, in restitution to customers for allegedly purchasing agency securities for its own account from a customer or sold agency securities for its own account to a customer in the course of its business at an unfair and reasonable price.
(FINRA Case #2011026521101)
This ends the summation of information obtained on FINRA’s "Disciplinary and Other FINRA Actions February 2015."
Soreide Law Group represent clients nationwide. If you feel you have become a victim of unfair pricing by your broker/dealer, call a Securities Arbitration Lawyer for a free consultation on how to potentially recover your losses at: 888-760-6552.
Soreide Law Group is investigating potential investor claims involving RAD Diversified REIT Inc., specifically focusing on whether brokers or financial advisors improperly recommended this non-traded real estate investment trust despite mounting red flags. RAD Diversified REIT raised investor funds to acquire and manage real estate assets nationwide, positioning itself as an accessible way for individuals […]
Investors apparently complained about securities broker Richard James Carlesco Jr. [CRD: 2135988, Liverpool, New York], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Carlesco worked for IBN Financial Services Inc. from October 24, 2000, to the present, and later registered with Cambridge Investment Research Inc. and Cambridge Investment Research Advisors Inc. beginning April […]
Investors potentially experienced sales practice violations by securities broker Steven Wallace Schmitt [CRD: 4486457, Paramus, New Jersey], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Schmitt worked for Raymond James Associates Inc. since November 9, 2022, and previously worked for Morgan Stanley from October 7, 2016, to November 29, 2022. […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com