Investors complained about securities broker Spencer M. Miller [CRD: 6273107, Westlake Village, California], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Spencer Miller has worked for Merrill Lynch Pierce Fenner Smith Incorporated since January 14, 2014. Here’s more about Spencer Miller’s disclosures. Merrill Lynch Pierce Fenner Smith Incorporated Investor Accused Miller Of […]

Investors possibly experienced losses because of financial advisor / securities broker Shane Michael DeSherlia [CRD: 6800960, Jerseyville, Illinois], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Shane DeSherlia has worked for Moloney Securities Co. Inc. since May 24, 2017, and Moloney Securities Asset Management LLC since November 7, 2019. Keep reading to […]

Investors might have sustained losses due to financial advisor/ securities broker Scott Gerald Thole [CRD: 4516390, Saint Paul, Minnesota], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Thole has been employed by Merrill Lynch Pierce Fenner Smith Incorporated since May 13, 2016. Continue reading to learn more about the allegations and disclosures related […]

Delaware Corporations Must Employ Procedural Safeguards When Approving a Reincorporation That Could Benefit a Controlling Stockholder to Avoid Entire Fairness Standard of Review In Palkon v. Maffei (Del. Ch. Feb. 20, 2024), the Delaware Court of Chancery addressed whether the “entire fairness” standard of review applies to a controlling stockholder’s approval of reincorporation transactions that […]

Delaware Court Ruling in Ap-Fonden v. Activision Blizzard, Inc. and Implications for Corporate Law In Ap-Fonden v. Activision Blizzard, Inc., the Delaware Court of Chancery, under Judge McCormick, ruled on the adequacy of a merger agreement approved by Activision Blizzard’s Board of Directors. The decision has significant implications for how merger agreements must be presented […]

Investors might have sustained losses due to securities broker Scott Douglas Phillips [CRD: 1311907, Salt Lake City, Utah], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Scott Phillips has worked for Centaurus Financial Inc. since January 4, 2007, as a broker, and since January 17, 2007, as a financial advisor. He has […]

Investors possibly experienced losses because of securities broker Richard Glenn Shaw (also known as Rick Glenn Shaw) [CRD: 1870018, Scottsdale, Arizona], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Richard Shaw has worked for Lincoln Financial Advisor Corporation (now known as OSAIC FA Inc.) since June 1, 1998. Here’s more about the […]

Supreme Court Rules on SEC Rule 10b-5(b) in Macquarie Infrastructure Corp. v. Moab Partners In the recent decision of Macquarie Infrastructure Corp. v. Moab Partners, No. 22-1165, 2024 WL 1588706 (U.S. Apr. 12, 2024) (“MIC”), the U.S. Supreme Court unanimously held that “pure omissions” in SEC filings do not support liability under SEC Rule 10b-5(b). […]

SEAN J FIELDS (SEAN JEFFEREY FIELDS), previously registered as a broker and investment advisor with PFS INVESTMENTS INC of Concord, California was suspended by FINRA for 6 months with a start date of 3/18/2024 and an end date of 9/17/2024, and fined $5,000.00.  Without admitting or denying FINRA’s findings, SEAN J FIELDS consented to the […]