Understanding the Performance of B. Riley Financial's 5.25% Senior Notes Due 2028 (RILYZ) and Potential Financial Advisor Liability The 5.25% Senior Notes due 2028 issued by B. Riley Financial (RILYZ) were marketed as an attractive fixed-income investment, offering a consistent annual coupon of 5.25%. These notes gained attention from income-seeking investors but have faced significant […]

The Fossil Group, Inc. 7% Senior Notes (ticker: FOSLL) represent a fixed-income security that pays quarterly dividends. This instrument is particularly appealing to income-focused investors due to its high yield. As of 2024, the security offers a dividend yield fluctuating between 12.8% and over 17% in certain periods, depending on its trading price during each […]

MICHAEL ALEXANDER LACKWOOD JR, (MICHAEL ALEXANDER LACKWOOD, MICHAEL A LACKWOOD), according to the SEC’s website, was previously registered as a broker and is currently registered as an investment advisor with SPRING DELTA ASSET MANAGEMENT, LLC of New York, NY, since 8/10/2020. Previously, he was registered as an advisor with AURORA PRIVATE WEALTH INC (APW), from […]

PARIS M LEWIS (PARIS MONTE LEWIS), according to FINRA’s BrokerCheck, was previously registered both as a broker and as an investment advisor.  Lewis was in the securities industry for 25 years and was listed with 3 firms.  He is not currently registered. FINRA’s BrokerCheck, available to the public on FINRA’s website, states that PARIS M […]

On 3/2/2023, ERIC JAMES STONE, formerly with FIDELITY BROKERAGE SERVICES LLC of Jacksonville, Florida, was permanently barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm. Stone was previously registered both as a broker and as an investment adviser.  He was with Fidelity from 02/18/2008 - 06/29/2021. According to the […]

On 10/30/2024, the Financial Industry Regulatory Authority (FINRA) suspended JESSE D KRAPF for five months for alleged excessive and unsuitable trading in a senior customer’s account, violating Regulation Best Interest. JESSE D KRAPF is currently with SPARTAN CAPITAL SECURITIES, LLC since 10/22/2019.  Krapf’s suspension begins 11/18/2024 and ends 4/17/2025. According to FINRA’s “Regulatory” report, without admitting […]

Steven LaMar Nielsen, has been registered with CENTAURUS FINANCIAL, INC. of Gilbert, Arizona since 8/7/2017 both as a broker and as a financial advisor. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, Nielsen has been in the securities industry for 24 years and was listed with 11 firms. According to BrokerCheck, Steven […]

In a recent article from the Des Moines Register, the U.S. Securities and Exchange Commission (SEC) recently settled cases with brokers, David F LeGrange and Laura B Barnes, of Bridges Financial, of Winterset, Iowa. According to the settlement, David F LeGrange and Laura B Barnes agreed to pay fines after the SEC accused them of […]