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, […]

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 […]