Barred Broker Joseph Pratt Allegedly Breaches Fiduciary Duty While At Stifel Nicolaus The Financial Industry Regulatory Authority (“FINRA”) reports troubling information in regard to securities broker Joseph Hersey Pratt (CRD#: 719416, Conshohocken, PA). Notably, the securities broker, who last worked for securities firm Stifel Nicolaus (2014 to 2019), is barred by FINRA which means that […]

Broker Alan New Is Barred By FINRA, Targeted In SEC Lawsuit Over Woodbridge Sales The Financial Industry Regulatory Authority (“FINRA”) reportedly barred securities broker Alan Harold New (CRD#: 2892508, Fort Wayne, Indiana) in April 2020. This means that New, who last worked for NYLife Securities, cannot be a securities broker for all FINRA member securities […]

Investors Indicate That Principal Securities' John Krohn Was Selling Away Soreide Law Group is reviewing possible investor claims of suitability, misrepresentation and other sales practice violations against securities broker John Michael Krohn (CRD#: 2722975, West Des Moines, Iowa). Notably, Krohn worked for Principal Securities from 1996 to 2017. His sales practices during that period have […]

Soreide Law Group has been contacted by investors whose brokers recommended purchasing shares of Ring Energy, Inc. (NYSE: REI), and in particular those clients of NTB Financial broker Henry Urbanowicz of Englewood, Colorado. According to Yahoo Finance, Ring Energy, Inc., an exploration and production company, acquires, explores for, develops, and produces oil and natural gas […]

Martin Ray Evans (Marty Evans) CRD#: 2412900, a former Ameriprise broker from Mitchel Field, New York, was fined $5,000.00 and suspended 45 days (12/7/2020 - 1/20/2021) by FINRA for allegedly impersonating clients while trying to obtain their account information. According to the FINRA report, without admitting or denying the findings, Martin Ray Evans consented to […]

Soreide Law Group is currently investigating claims from investors who have experienced financial losses due to the recommendations of their broker/dealers or financial advisors in the purchase of shares of the non-traded Real Estate Investment Trust (non-traded REIT), Watermark Lodging Trust. On April 13, 2020, Carey Watermark Investors 1 and Carey Watermark Investors 2 merged […]

KURT JASON GUNTER (CRD#: 2747789), a broker formerly with Stifel, Nicolaus & Company of Austin, Texas, has been fined $10,000.00 and was suspended for 3 months (12/21/2020 - 3/20/2021) by FINRA. Gunter was also listed with Wells Fargo Clearing Services in Bee Cave, Texas, until recently. Without admitting or denying FINRA’s findings, KURT JASON GUNTER, […]

Investors Take Aim At Merrill Lynch's Kevin Schaefer Soreide Law Group is reviewing possible investor claims of sales practice violations against securities broker Kevin Joseph Schaefer (CRD#: 1286030, San Francisco, California). Notably, Financial Industry Regulatory Authority (“FINRA”) reports that six investors brought disputes about Schaefer, who worked for Merrill Lynch as a financial advisor from […]

Broker Bill Hightower Barred By SEC And Faces Investor Lawsuits The Financial Industry Regulatory Authority (“FINRA”) reports troubling information in regard to securities broker William Andrew Hightower who is known as Bill Hightower (CRD#: 2152369, Houston, Texas). It is not commonplace for brokers to have 12 disclosures on their BrokerCheck record like Hightower has. Namely, […]