RAYMOND ALAGAO VELASCO Sr (RAY VELASCO, RAYMOND VELASCO) CRD#: 4867519, formerly with LPL Financial of Lisle, Illinois, was suspended for two years and fined $10,000 by FINRA for allegedly falsifying documents to help his clients avoid paying certain fees. On April 1, 2021, without admitting or denying FINRA’s findings, RAYMOND ALAGAO VELASCO Sr  consented to […]

Securities Broker Bill Young Involved In H. Beck Investor Disputes The Financial Industry Regulatory Authority (“FINRA”) reports through BrokerCheck that investors complained about the sales practices of William “Bill” Robert Young (CRD#: 4787488, Rockville, Maryland). It appears that these disputes, all of which have been filed between 2018 to 2021, involve Young’s actions at H. […]

Broker Samuel Head Is Involved In Voya Financial Client Disputes Soreide Law Group has come across some concerning information on FINRA BrokerCheck in regard to securities broker Samuel Ray Head (CRD#: 2456312, Myrtle Beach, South Carolina). Specifically, there are seven investors who disputed Samuel Head’s sales practices. Here’s a bit more about the disclosures, including […]

FINRA Arbitration Panel Orders Sunset Financial To Compensate Client For Private Placement Losses The Financial Industry Regulatory Authority (“FINRA”) reports that certain investors who experienced losses from private placements have recovered compensation in a lawsuit against Sunset Financial Services Inc. Evidently, that dispute, which clients filed in December of 2017, reportedly concerns Walton Vista Del […]

Oppenheimer Clients File Investment Disputes About Michael Greenfield Soreide Law Group is reviewing whether to bring possible investor lawsuits against securities broker Michael Robert Greenfield (CRD#: 5406611, Boca Raton, Florida). Namely, Financial Industry Regulatory Authority (“FINRA”) reports that eight investors filed complaints or FINRA Arbitration Claims in regard to his sales practices. These disputes allege […]

Santander Securities Clients File Investment Disputes About Luis Lopez The Financial Industry Regulatory Authority (FINRA) contains troubling information on securities broker Luis Currais Lopez (CRD#: 856211, Dorchester, Massachusetts). The securities broker, who worked for Santander Securities (2010 to 2016) and Herbert J. Sims (2016 to present), is involved in 12 investor disputes. These disputes allege […]

The Financial Industry Regulatory Authority (FINRA) has censured and fined CAMBRIDGE INVESTMENT RESEARCH, over the supervisory failures in the sale of the LJM Preservation and Growth Fund in 2018.  According to FINRA, without admitting or denying the findings, Cambridge agreed to the censure, the $400,000 fine, and to pay $3.13 million, plus interest, in restitution. […]

Spartan Capital Securities Broker Albert Foronda Sanctioned By FINRA, Involved In Investor Disputes Soreide Law Group has come across troubling information in regard to securities broker Albert Foronda (CRD#: 5737620, New York, New York). Evidently, the securities broker worked for Spartan Capital Securities LLC (August 2017 to present), Worden Capital Management LLC (2016 to 2017) […]

Soreide Law Group has been contacted by a former client of JOHN RICHARD BOATRIGHT (J RICHARD BOATRIGHT,RICHARD BOATRIGHT).  Boatright was their broker while he was a registered representative of NEWBRIDGE SECURITIES CORPORATION of Duluth, Georgia. The former clients sustained significant losses. Boatright is not currently listed as a broker. According to FINRA’s BrokerCheck, available to […]