SEAN BRADY Barred, Sued By Investors The Financial Industry Regulatory Authority (“FINRA”) barred First Allied Securities Inc. broker Sean Brady (CRD#: 4365173, St. Louis, Missouri). Evidently, Brady – who First Allied discharged on November 15, 2017 for falsifying clients’ documents – evidently stonewalled a FINRA investigation. That investigation supposedly concerned Brady’s sales practice violations at […]

ROBERT LAWSON Barred by SEC and FINRA The SEC barred Lawson Financial Corporation (“LFC”) founder and CEO Robert Lawson (CRD#: 501167, Phoenix, Arizona) for committing fraud. Evidently, on April 5, 2017, SEC issued an Order instructing Lawson – who worked for the securities firm from 1984 to 2017 – to pay nearly $100,000 in fines […]

STEPHEN WOOD Investigated BY FINRA The Financial Industry Regulatory Authority (“FINRA”) announced April 2, 2019 that it made a “preliminary determination” to recommend the Department of Enforcement discipline securities broker Stephen Wood (CRD#: 1308917, Warren, New Jersey). Evidently, Wood – a UBS Financial Services securities representative from August 12, 2013 to May 26, 2017 – […]

NICOLAS BARRIOS Expelled By FINRA The Financial Industry Regulatory Authority (“FINRA”) announced it expelled UBS Financial Services Inc. securities broker Nicolas Barrios (CRD#: 2122824, Winter Haven, Florida). Evidently, Barrios – who worked for UBS as a Production Branch Manager from November 14, 2008 to May 15, 2019 – consented to the sanction of a bar […]

A jury ruled against broker, DONALD J. FOWLER (CRD#: 4989632), and in favor of the SEC recently in a Manhattan federal court.  Fowler was charged two years ago with excessive trading, while registered with the J.D. Nicholas & Associates of Syosset, N.Y. Allegedly, DONALD J. FOWLER engaged in an excessive trading scheme which was unsuitable […]

MICHAEL DAWSON Misrepresent Your Investments? The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations against Deutsche Bank Securities broker Michael Dawson (CRD#: 62907, Houston, Texas). Notably, an investor filed a complaint involving the broker, who worked at Deutsche Bank from August 30, 2013 to December 22, 2015. Here’s more about the investor’s claim which suggests […]

Timothy Wright Losses? Soreide Law Group is reviewing whether investors suffered losses due to possible sales practice violations by Columbus Advisory Group, Ltd. broker Timothy Wright (CRD#: 4714431, Wilmington, NC). Namely, at least one client brought a dispute in regard to Wright’s conduct. Here’s more on the disciplinary action which alleges Wright's churning, excessive trading […]

Soreide Law Group is investigating, and a recent FINRA arbitration has been filed on behalf of the clients (Claimants) against LPL FINANCIAL LLC (Respondents). The Claimants reside in Texas, and bring the lawsuit to recover the financial losses the suffered due to the alleged mishandling of the Claimants’ assets by failing to properly allocate and […]

JOHN MORABITO Give You Unsuitable Advice? If you invested through Merrill Lynch securities broker John Morabito (CRD#: 4651112, Alpharetta, Georgia), he possibly gave you bad advice. Particularly, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck shows that at least one client complained about his sales practices. Here’s more on the dispute concerning Morabito: Merrill Lynch Client Suggests […]