Newbridge Broker Austin Dutton Supposedly Misrepresents Alternative Investments Droves of Investors are bringing lawsuits or complaints about securities broker Austin R. Dutton Jr. (CRD#: 2739167, Los Angeles, California). In fact, the Financial Industry Regulatory Authority (“FINRA”) shows that 23 investors have filed disputes about the sales practices of the securities broker, who worked for securities […]

McNally Broker Dennis Nakamura Investigated For Possibly Breaking FINRA Rules Investor Alert! The Financial industry Regulatory Authority (“FINRA”) barred securities broker Dennis M. Nakamura (CRD#: 819626, Moraga, California). Evidently, the securities broker – who worked for McNally Financial Services Corporation from 2010 to 2019 – refused to testify in a FINRA investigation about his investment […]

In a press release dated August 13, 2020, the Securities and Exchange Commission (SEC) announced charges against ROSS ADAM BARISH (ROSS BARISH) CRD#: 3094364, who is currently a registered representative with Joseph Stone Capital, LLC, located in Mineola, New York, for allegedly defrauding sixteen retail clients. The SEC's complaint against ROSS BARISH alleges that he […]

MICHAEL EDWARD FEELEY (Michael Feeley) CRD#: 4439025, formerly with Northwestern Mutual of West Palm Beach, Florida, was suspended by FINRA for 45 days and fined $7500 for allegedly making approximately 30 phone calls impersonating his clients or his supervisor. According to the FINRA report, without admitting or denying FINRA’s findings, Michael Feeley consented to the […]

FREDERICK SCOTT LEVINE (FRED LEVINE) CRD#: 1765119, a former Oppenheimer broker, currently with RBC Wealth Management of Florham Park, New Jersey, agreed to a $5,000 fine and a 3 month suspension from FINRA, for allegedly encouraging clients to prematurely sell unit investment trusts (UITs) and use the proceeds to buy new UITs in violation of […]

Morgan Stanley Wealth Management was fined $949,574, which included customer restitution, for allegedly failing to supervise a registered representative who allegedly traded corporate bonds excessively and preferred securities for five years. The Financial Industry Regulatory Authority (FINRA) stated that despite receiving hundreds of alerts, and in a compliance review concluding that their broker’s recommendations were […]

Sylvester Knox (CRD#: 1625705), formerly with Merrill Lynch of Short Hills, New Jersey, has been fined $10,000 and suspended for nine months by FINRA.  His suspension is in effect from 8/17/2020 through 5/16/2021. According to the FINRA report, without admitting or denying FINRA’s findings, Sylvester Knox consented to the sanctions and to the entry of […]

The Financial Industry Regulatory Authority (FINRA) barred CHRISTOPHER DUKE BENNETT (CRD#: 2510231) a former Hilliard Lyons of Louisville, Kentucky, registered representative, from acting as a broker or otherwise associating with a broker/dealer firm. Bennett was previously registered both as a broker and as an investment advisor. According to FINRA, Bennett did not cooperate with FINRA’s […]

Soreide Law Group has filed a FINRA arbitration on behalf of their client (Claimant) against: KESTRA INVESTMENT SERVICES, LLC, (KESTRA) and their former registered representative, HERMAN LAIBE KAHN (HERMAN KAHN, BUD KAHN) (Respondents). HERMAN LAIBE KAHN was an employee and registered representative of KESTRA, from September 2004 through April 2020. The Claimant, a retiree living […]