Broker John Orlando Allegedly Churned Investor Accounts And Recommended Unsuitable Securities Investor Alert! Soreide Law Group recently came across the FINRA BrokerCheck profile of securities broker John Anthony Orlando (CRD#: 2002197, Lighthouse Point, Florida) which shows that five investors disputed his sales practices. Evidently, the securities broker worked for Sterne Agee Financial Services (2009 – […]

In a recent press release from the Financial Industry Regulatory Authority, Inc. (FINRA), it was announced that FINRA sanctioned Worden Capital Management LLC (WCM) over $1.5 million, which included approximately $1.2 million in restitution to clients whose accounts were allegedly excessively traded by the WCM’s representatives, and a $350,000 fine for supervisory and other violations. […]

Morgan Stanley Clients Take Aim At Broker Jonathan Lonske For Alleged Sales Practice Violations The Financial Industry Regulatory Authority (“FINRA”) reports troubling information on securities broker Jonathan William Lonske (CRD#: 2594921, Boston, Massachusetts). Notably, Morgan Stanley, who Lonske worked for between 2009 and 2020, disaffiliated with him for alleged transgressions. In addition, four investors challenged […]

Broker Michael Shillin Under FINRA Investigation Soreide Law Group is reviewing possible investor lawsuits against securities broker Michael Francis Shillin (CRD#: 5927156, Altoona, WI). Notably, on November 20, 2020, FINRA initiated an investigation into the broker, who worked for securities firms Alliance Global Partners (AGP) from 2018 to 2020 and Raymond James from 2014 to […]

Broker Cubby Bice Supposedly Recommended Bad Private Placements Investor Alert! FINRA reports that investors have disputed the sales practices of Sagepoint Financial’s Christopher “Cubby” R. Bice (CRD#: 3222439, Greensboro, North Carolina). Apparently, Bice – who has been with Sagepoint as a securities broker and financial advisor since 2005 – might have sold unsuitable securities to […]

Securities Broker Kevin Graetz Allegedly Sold Scam Belize Fund Investment Investor Alert! The Securities and Exchange Commission (“SEC”) announced charges against barred broker Kevin Richard Graetz (CRD#: 1935982, New York, New York) for his role in purportedly selling sham Belize Infrastructure Fund I promissory notes. Additionally, the Financial Industry Regulatory Authority (“FINRA”) shows that 9 […]

Broker Joe Hede Charged By SEC In Connection With Sham Belize Fund Investments Investor Alert! The United States Securities and Exchange Commission charged securities broker Minish Joe Hede (CRD: 2389098, New York, New York) with violating securities laws on what the Commission claims to be a sham investment in Belize Fund. Not only that, but […]

Barred Broker Thomas Marino Sanctioned Again By FINRA Investor Alert! FINRA barred securities broker Thomas John Marino (CRD#: 4438533, Lake Worth Beach, Florida). Not only that, but the securities broker, who worked for firms JW Cole Financial and RM Stark, is involved in at least three investor disputes. These disclosures contain allegations that Marino sold […]

LPL Clients Take Aim At Broker Kevin Houser For Alternative Investment Sales Soreide Law Group is contemplating potential FINRA Arbitration Claims or lawsuits on behalf of investors who lost money because of Kevin Douglas Houser (CRD#:  2513167, Center Valley, Pennsylvania). FINRA BrokerCheck shows that Houser worked for a number of well-known securities firms including LPL […]