BRAD BROOKS Suspended by FINRA The Financial Industry Regulatory Authority (“FINRA”) announced that it issued Titan Securities’ sole owner, CEO and president, Brad Brooks (CRD#:1584633, Addison, Texas) a suspension and $50,000 fine. Apparently, in an Extended Hearing Panel Decision, FINRA found that Brooks violated FINRA and NASD Rules because Brooks failed to establish and enforce […]

WILLIE VALES Allegedly Sold Unsuitable Investments The Financial Industry Regulatory Authority (“FINRA”) confirms on BrokerCheck that investors have disputed the sales practices of Santander Securities LLC securities broker Willie Vales (CRD#: 2166601, Conshohocken, Pennsylvania). Namely, at least three clients of Santander Securities LLC, who Vales worked for from 2014 to 2016, filed disputes which suggest […]

PETER MALIS Sell You Unsuitable Investments? Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) shows that investors disputed the sales practices of Wells Fargo Clearing Services, LLC financial advisor Peter Malis (CRD#: 317892, Woodland Hills, California). Apparently, Malis, who has been registered through Wells Fargo Clearing Services, LLC since July 1, 2003, reports five client […]

The Financial Industry Regulatory Authority Inc. (FINRA) has barred JAMES F. ANDERSON (CRD#: 4803514), from acting as a broker or otherwise associating with a broker-dealer firm. Anderson, a former registered representative with Ameritas Investment Corp of Dakota Dunes, South Dakota, was barred following allegations that he failed to take part in an inquiry looking into […]

CHRISTOPHER CONNESS Sell You Unsuitable Investments? Soreide Law Group is investigating possible investor claims against G.F. Investment Services LLC and securities broker Christopher Conness (CRD#: 4778193, Fort Lauderdale, Florida). Namely, the firm is investigating whether Conness was negligent and failed to act in the best interests of his investor clients with respect to his alternative […]

THOMAS STUDER (Villages, Florida) Barred By FINRA Thomas Studer (CRD#: 6300308, The Villages, FL) is one of the latest securities brokers who the Financial Industry Regulatory Authority (“FINRA”) barred from the securities industry for attempts at thwarting a FINRA investigation. FINRA found Studer uncooperative when investigating his allegedly unauthorized activities. On May 20, 2019, Studer […]

Soreide Law Group was recently contacted by a former client of MICHAEL PACKMAN (CRD#: 2518120), who purchased multiple GPB Captial investments while Packman was with AXIOM CAPITAL MANAGEMENT, INC. of Westbury, NY. We are investigating possible claims against MICHAEL PACKMAN and the sale of GPB.  Packman is no longer registered as a broker or financial […]

FRANK KELLY Suspended For Unauthorized Trading The Financial Industry Regulatory Authority (“FINRA”) announced it has issued HD Vest Investment Services securities broker Frank Kelly (CRD#: 2028226, New Cumberland, Pennsylvania) a three month suspension and fine of $5,000. Mainly, FINRA found Kelly violated FINRA Rules on unauthorized trading and trading with discretion. The sanctions became effective […]

WILLIAM KIELCZEWSKI Charged In FINRA Complaint On May 21, 2019, the Financial Industry Regulatory Authority (“FINRA”) Department of Enforcement brought a Complaint (Disciplinary Proceeding #: 2017054405401) against The Huntington Investment Company securities broker William Kielczewski (CRD#: 4034356, Toledo, Ohio). Notably, FINRA’s Department of Enforcement alleged Kielczewski violated FINRA Rules because he participated in private securities […]