Investor Disputes Allege Breach Of Fiduciary Duty, Churning By Worden Capital Securities Broker Nicholas Schiano Investors reportedly complained about securities broker Nicholas James Schiano (CRD#: 4429212, New York, New York). Evidently, the securities broker worked for securities firms, including Legend Securities (2013 to 2016), Worden Capital Management (2016 to 2017), and Spartan Capital Securities (August […]

LPL Financial Clients Allege Sales Practice Violations By Chris Black The Financial Industry Regulatory Authority (FINRA) provides new information concerning securities broker Christopher Bryan Black (CRD#: 5049080, Statesboro, Georgia). Specifically, the securities broker, who worked for Wells Fargo Clearing Services from 2013 to 2017, and LPL Financial from 2017 to 2020, is involved in investor […]

Securities Broker Joseph Chu Involved In RBC Capital Markets Clients' Disputes Over Energy Stock Recommendations Soreide Law Group is reviewing potential investor claims concerning securities broker Joseph Ijong Chu (CRD#: 4546805, Stamford, Connecticut). Namely, Chu, who works for RBC Capital Markets as a financial advisor and securities broker (2018 - present), is involved in six […]

Soreide Law Group has filed a FINRA arbitration on behalf of their client (Claimant) against: MML INVESTORS SERVICES, LLC (Respondent) The Claimant, who resides in Wisconsin, brings this action to recover losses while he was a client with MML INVESTORS SERVICES, LLC.  The lawsuit states that the Respondent and its former Financial Advisor, Todd Sivak, […]

According to a December 15, 2021, press release, the US Securities and Exchange Commission stated that Wedbush Securities Inc., a California-based broker/dealer, agreed to pay more than $1.2 million to settle charges from the alleged unlawful unregistered distribution of nearly 100 million shares of more than 50 different low-priced microcap companies, and due to Wedbush’s […]

Securities Broker Kim Barentsen Faces Investor Dispute, FINRA Sanctions The Financial Industry Regulatory Authority (FINRA) contains new information regarding securities broker Kimberly Ann Barentsen (CRD#: 2092280, Walnut Creek, California). It appears that a client of First Allied Securities disputed Barentsen’s sales practices. Also, FINRA issued a two-month suspension to the securities broker for allegedly engaging […]

Securities Broker Anthony Tricarico (Aegis) Involved In Investor Dispute, Sanctioned By FINRA Soreide Law Group is reviewing potential investor disputes relating to securities broker Anthony Tricarico (CRD#: 1047416, New York, New York). Tricarico worked for Aegis Capital Corp from March 2010 to July 2020. According to Financial Industry Regulatory Authority (FINRA) BrokerCheck, he faces disputes […]

On December 10, 2021, the Financial Industry Regulatory Authority (FINRA) suspended JOHAN M PEREIRA (JOHAN MANUEL PEREIRA) CRD#: 6252881 for seven months and issued a $10,000 fine after a client had allegedly hired him to assist with investing in and purchasing bitcoin, according to a letter of settlement finalized on December 10, 2021. According to […]

On the United States Department of Justice website, it stated that MATTHEW O CLASON, 40, of Cheshire, Connecticut, was sentenced December 7, 2021, by the U.S. District Judge in Hartford to 30 months of imprisonment, followed by two years of supervised release, for stealing more than $600,000 from an investment client. According to the court […]