Soreide Law Group is investigating potential investor claims of sales practice violations possibly committed by securities broker Peter Frederick Reinecke [CRD: 2085940, Saint Louis, Missouri], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Peter Reinecke worked for Saxony Securities Inc. from September 10, 2012, to December 31, 2022. The following information concerns the securities broker’s disclosures.
Evidently, on January 4, 2024, a Saxony Securities client filed FINRA Arbitration No. 23-03646 about Peter Reinecke. Mainly, the client alleged that Reinecke sold unsuitable placements and was negligent. As a result, the client requested $13,000,000 in compensation from Saxony Securities or Reinecke. Evidently, this arbitration is pending a resolution.
Particularly, a client of Saxony Securities contested Peter Reinecke’s sales practices by filing FINRA Arbitration No. 22-00613. Allegedly, Reinecke engaged in unsuitable trading. It appears that Reinecke caused the client to sustain damages on private securities. For this reason, Saxony Securities opted to settle the matter on April 9, 2024, by compensating the client in the amount of $900,000.
Suffer losses because of Peter Reinecke? If so, get in touch with Soreide Law Group online or at (888) 760-6552 and talk to a securities attorney regarding a potential recovery of your investment losses. Soreide Law Group has obtained recoveries for many investors throughout the United States, works on a contingency fee basis, and advances all costs. Reinecke and brokerage firms Reinecke worked for deny accusations of sales practice violations.
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 […]
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