The Securities and Exchange Commission (SEC) filed partially settled charges against Joseph Michael "Mike" Todd, a resident of Panama City, Florida, and his entities Todd Financial Services, LLC (TFS) and TFS Insurance Services LLC (TFS Insurance). Joseph Michael Todd a former financial advisor/broker with Centaurus Financial was charged by the SEC in an alleged scheme […]

Investors have come forward with complaints about Bret Clinton Schaefer (also known as Bret Shaefer) [CRD: 2577117, Greenville, Wisconsin]. Evidently, the securities broker, who worked for Woodbury Financial Services Inc., discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. For more on these suitability-related disclosures about Schaefer, see below. The broker denies the accusations […]

Investors have come forward with complaints about Brandon Leon [CRD: 5200595, New York, New York]. Notably, the securities broker, who worked for National Securities Corporation, discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. For more on these disclosures about Leon, which include alleged unsuitable recommendations, see below. The broker denies the claims. Leon […]

Soreide Law Group is looking into possible investor claims related to securities firms and financial advisors who might have inappropriately advised clients to invest in Hartman vREIT XXI Inc. (also known as Silver Star Properties REIT). An SEC filing revealed serious news about Hartman vREIT XXI, Inc. The company faces considerable uncertainty about its ability […]

Soreide Law Group is investigating possible investor claims against securities broker Brad Michael Jacobson [CRD: 4859099, Linwood, New Jersey]. Notably, FINRA punished the securities broker, who worked for Wells Fargo Clearing Services LLC. Allegedly, Jacobson did not comply with FINRA investigators. Here is a brief summary of FINRA’s allegations against Jacobson. FINRA Sanctions Jacobson For […]

Soreide Law Group is investigating possible investor claims against securities broker Andrew Joseph Kubicsko Jr. [CRD: 861670, Chicago, Illinois]. Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Raymond James Associates Inc. Evidently, investors allege sales practice violations including unsuitable trading or recommendations. […]

According to a recent press release from the U.S. Attorney's Office, District of Massachusetts, Paul R McGonigle, 67, a Middleboro financial advisor, was sentenced to 54 months in prison and two months of supervised release and ordered to pay restitution of $652,987, for defrauding his elderly and otherwise vulnerable clients and misappropriating the victims’ retirement […]

The Financial Industry Regulatory Authority (FINRA) barred BRAD MICHAEL JACOBSON (BRAD M JACOBSON), formerly with WELLS FARGO CLEARING SERVICES, LLC of Linwood, New Jersey on July 5, 2023. Jacobson was with Wells Fargo from 11/16/2011 - 04/25/2022. Without admitting or denying FINRA’s findings, Jacobson consented to the sanction and to the entry of findings that […]

On August 3, 2023, the Financial Industry Regulatory Authority (FINRA) barred TIMOTHY JAMES BRESLIN a former financial advisor/broker who was accused of allegedly falsifying financial statements. According to the FINRA report, without admitting or denying FINRA’s findings, TIMOTHY JAMES BRESLIN consented to the sanction and to the entry of finding that he allegedly provided falsified […]