The Financial Industry Regulatory Authority (FINRA), has barred MICHAEL RICHARD MACKAY (MICHAEL R MACKAY) CRD#: 2279775, from acting as a broker or otherwise associating with a broker/dealer firm.  MacKay was previously registered both as a broker and as an investment advisor. According to FINRA’s BrokerCheck, MICHAEL R MACKAY was registered with TRANSAMERICA FINANCIAL ADVISORS, INC. […]

On November 25, 2020, a former broker from Mutual of Omaha Investor Services (MOIS) in Oconomowoc, Wisconsin, 50 year-old, EDWARD EARL MATTHES (EDWARD MATTHES) CRD#: 2788055, was issued with a three-count information by the US Attorney’s office, charging him with wire fraud in violation of Title 18, United States Code, Section 1343.  EDWARD MATTHES has […]

Soreide Law Group has filed a FINRA arbitration on behalf of their client (Claimant) against: STIFEL NICOLAUS & COMPANY, INCORPORATED (Respondent) The Claimant is now retired and living in Montana. The Claimant became a customer of STIFEL NICOLAUS & COMPANY and registered representative, Robert Pierre Holland (CRD#1962105), on or about 2014. Robert Pierre Holland is […]

A FINRA arbitration has been filed on behalf of the client (Claimant) against: FIDELITY BROKERAGE SERVICES LLC (Respondent) The lawsuit alleges that FIDELITY BROKERAGE SERVICES and their Financial Advisor, Christopher Meadows, recommended that the Claimant invest in a speculative options investment known as the Premium Income Strategy through Mariner Wealth Advisors. The Fund purchased municipal […]

New Jersey Bars Robert Merlo For Fraud Conviction New Jersey Bureau of Securities barred prior Allstate Financial Services securities broker Robert Merlo (CRD#: 1608409, Midland Park, New Jersey) for theft and fraudulent practices. Not only that, but Financial Industry Regulatory Authority (“FINRA”) also barred Merlo from the securities industry. Here’s a closer look at the […]

Broker Clement Chichester Targeted In Disputes About Alternative Investments The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations of misconduct by securities broker Clement Chichester (CRD#: 1255275, Westlake Village, California). It appears that three or more investors complained about Chichester, who worked for Western International Securities from 2012 to 2017 when the firm disaffiliated with […]

Losses In Premium Income Strategy at Mariner Wealth Advisors?  Are you a high net worth individual who was sold on the “conservative” Premium income strategy by Mariner Wealth Advisors?  This strategy was for individuals with at least $500k to invest, where Mariner used marginable assets to cover the margin requirements to then sell puts and […]

Investors Dispute CFS Broker Jacqueline Hanson's Sales Practices Investor Alert! Soreide Law Group is investigating possible investor lawsuits to be brought against securities broker Jacqueline L. Hanson (CRD#: 2903017, Newark, New Jersey). Mainly, the Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations of sales practice violations by Hanson, who worked for CUSO Financial Services (“CFS”) […]

On November 18, 2020, police in North Texas charged KEITH TODD ASHLEY with the murder of a client in February of 2020, and allegedly staging the client’s death to look like a suicide to gain control of the client’s finances. Ashley was already under investigation for an alleged Ponzi-scheme. In a recent article in InvestmentNews, […]