Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: FIRST STANDARD FINANCIAL COMPANY, LLC (“FIRST STANDARD”), and their registered representative,  JOSEPH JOHN ORLANDO, JR. (“ORLANDO”), CRD# 2882204 The Claimant, a resident of Massachusetts, allegedly received a cold call on or about October of 2018, from FIRST STANDARD broker, JOSEPH […]

Soreide Law Group, based in Pompano Beach, Florida, has filed a FINRA arbitration on behalf of their clients (Claimants) against: HERBERT J. SIMS & CO. INC., and their former registered representative, ALAN APPELBAUM (Respondents). The Claimants, are a married couple, retired and living in Boca Raton, Florida. ALAN APPELBAUM (CRD# 500336), was an employee and […]

ATTENTION INVESTORS! FINRA Fines, Suspends Ameriprise Broker COREY MIREAU The Financial Industry Regulatory Authority (“FINRA”) announced that Ameriprise Financial Services, Inc. general securities representative Corey Lee Mireau (CRD#: 3046777, Eden Prairie, Minnesota) has been issued a $15,000.00 fine and two year suspension for borrowing money from customers; participating in a private securities transaction and outside […]

INVESTOR ALERT: EDI Financial Broker William Thurmond Fined For Unsuitable Trading The Financial Industry Regulatory Authority (“FINRA”) announced that it has sanctioned EDI Financial, Inc. broker William Stafford Thurmond (CRD#: 870133, New York, New York) by issuing him a $25,000 fine, suspending him for fifteen months, and ordering him to disgorge more than $42,000 in […]

Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against the Respondent: SAGEPOINT FINANCIAL, INC.  The Claimants, a couple residing in Texas, maintained a relationship with Sagepoint Financial, advisor MICHAEL GLEN HILL (Michael Hill) CRD#: 3026108.  The Respondents were allegedly made aware that the Claimants did not want to take […]

ATTENTION INVESTORS: FINRA Suspends Foresters Equity Services’ John Ernst For Woodbridge Notes Sales The Financial Industry Regulatory Authority (“FINRA”) imposed a suspension and $5,000 fine against Foresters Equity Services broker John Ernst (CRD#: 1958252, San Diego, California) for selling away. Specifically, Ernst submitted a Letter of Acceptance, Waiver and Consent #: 2018057754401 on March 12, […]

JAMES CORNELIUS BYLENGA (JAMES C BYLENGA) CRD#: 705143, of Kalamazoo, Michigan, was barred by the Financial Industry Regulatory Authority Inc. (FINRA) from acting as a broker or otherwise associating with a broker-dealer firm on April 5, 2019. According to the FINRA report, without admitting or denying the findings, JAMES C BYLENGA consented to the sanction […]

MARK SCHKLAR (CRD#: 1952816), a former broker with BB&T Securities of Richmond, Virginia, was fined $10,000 by FINRA, and suspended from the industry for eight months beginning 3/20/2017, and ending 11/19/2017. FINRA stated that without admitting or denying the findings, Schklar consented to the sanctions and to the entry of findings that he allegedly participated […]

INVESTOR ALERT: Unsuitability Claims Against UBS Broker WILLIAM HOBBY William David Hobby (CRD#: 2240076, Atlanta, Georgia) was a UBS Financial Services Inc. general securities broker and financial advisor from June 15, 2012 to October 9, 2018. Evidently, UBS recently discharged Hobby for discretionary trading in client accounts without their written authorization. Worse yet, according to […]