On May 31, 2019, DAVID JOHN STRNAD CRD#: 1982721 was suspended by FINRA from acting as a broker following allegations that he executed unauthorized transactions involving bank-issued certificates of deposit (CDs) in accounts of an elderly client. The allegations, from September 2013 through December 2015, were while Strnad was registered with Morgan Stanley in Franklin, […]

MICHAEL BASTARDI Barred By FINRA (INVESTOR ALERT!) The Financial Industry Regulatory Authority (“FINRA”) announced that it barred Securities America, Inc. securities broker Michael Bastardi (CRD#: 6015424, Warwick, NY). Evidently, in a Letter of Acceptance, Waiver, and Consent (“AWC”) #: 2018059770401 which Bastardi submitted on May 10, 2019, and FINRA accepted on May 24, 2019, Bastardi […]

ARSENAL ENERGY HOLDINGS LLC (“AEH”) LOSSES? Soreide Law Group is reviewing possible claims against stockbrokers and financial advisors who placed investors in Arsenal Energy Holdings LLC (“AEH”) (formerly known as Mountaineer Energy Holdings). AEH is the parent company of Arsenal Resources – a natural gas producer in Marcellus Shale. On February 4, 2019, Arsenal Energy […]

ROGER ZULLO Cause You Investment Losses? The Securities and Exchange Commission (“SEC”) and the Financial Industry Regulatory Authority (“FINRA”), and at least one state regulator, have barred LPL Financial LLC stockbroker Roger Zullo (CRD#: 1882087, Boston, Mass.) from acting as a broker or investment advisor.  The SEC and FINRA actions come after Mass. Securities Division […]

YIELD ENHANCEMENT STRATEGY (UBS YES) LOSSES? Soreide Law Group is evaluating possible claims against UBS on behalf of investors who purchased the UBS Yield Enhancement Strategy (“UBS YES”). Evidently, investors lost money from investing in the program, and investors are suing to recover their investment losses. UBS Allegedly Erroneously Markets Yield Enhancement Program As Conservative […]

BENJAMIN FRANK BOURGEOIS JR (BEN BOURGEOIS JR, BENJAMIN F BOURGEOIS JR) CRD#: 2145555, has been barred by the Financial Industry Regulatory Authority Inc. (FINRA), on May 28, 2019, from acting as a broker or otherwise associating with a broker/dealer firm for allegedly failing to provide FINRA with information in connection with an investigation into his […]

JOHN HOAGLAND Allegedly Makes Unauthorized Trades Soreide Law Group is reviewing possible claims of sales practice violations against Morgan Stanley securities broker John Hoagland (CRD#: 247075, Troy, Michigan). Namely, Hoagland, who worked at Morgan Stanley from June 1, 2009 to January 18, 2018, reports on his Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report that three […]

LAWRENCE FAWCETT Barred From Securities Industry The Financial Industry Regulatory Authority (“FINRA”) barred WestPark Capital Inc. securities broker Lawrence Fawcett (CRD#: 5851474, Los Angeles, California). Evidently, Fawcett executed a Letter of Acceptance, Waiver, and Consent (“AWC”) #: 2017056329801 on March 13, 2018, which FINRA accepted March 26, 2018. FINRA determined that Fawcett violated FINRA Rules […]

KYUSUN KIM Cause Your Investment Losses? Soreide Law Group is evaluating possible claims of sales practice violations against Sandlapper Securities, LLC general securities representative Kyusun Kim (CRD#: 2864085, San Diego, CA) who is also known as Kenny Kim. Notably, the Financial Industry Regulatory Authority (“FINRA”) expelled Kim from acting as a broker or associating with […]