Misconduct Alleged Against Next Financial Broker Michael Matthews Next Financial Group, Inc. (CRD#: 46214, Houston, Texas) is a FINRA and SEC regulated brokerage firm and investment advisory. Regulators have taken disciplinary action against Next Financial Group, Inc. on at least 20 occasions, according to FINRA BrokerCheck. Not only that, but the firm was found liable […]

In a recent report from CNBC, they discussed the “bad guy report” from the Financial Industry Regulatory Authority or FINRA. This was taken from the latest monthly disciplinary actions by FINRA, March of 2019, which involves brokers putting clients funds in inappropriate or unregistered investments, defrauding investors, using their client’s money for their own personal […]

SEC Bars Wedbush Securities Broker Timary Delorme For Fraudulent Trading Scheme The Securities and Exchange Commission (“SEC”) issued an Order #3-18410 dated March 27, 2018 barring Wedbush Securities Inc. broker Timary Delorme (CRD#: 736418, Los Angeles, California) from engaging in brokerage or investment advisory activities. Specifically, Delorme, 60, submitted an Offer of Settlement to the […]

INVESTOR WARNING! Allegations Against RBC Capital Brokers ANDREW LEONARD, ANTHONY DEMAIO, DAVID MCILROY, THOMAS MCCRACKEN Andrew Stephen Leonard (CRD#: 5928927, Washington, District of Columbia) is a general securities representative of RBC Capital Markets. Evidently, Andrew Leonard joined the firm’s DC offices on August 22, 2012. Mainly, Andrew Leonard shows on his FINRA BrokerCheck report that […]

Investors Complain About Morgan Stanley Brokers Anthony Mampieri, James Willer, Thomas Srachta, Trent Ahlers Anthony Ralph Mampieri (CRD#: 1653703, Boca Raton, Florida) is a Morgan Stanley Smith Barney securities representative. Supposedly, on October 13, 2016, a customer of Morgan Stanley brought a customer dispute in regard to Anthony Mampieri’s sales practices. Allegedly, from 2011 to […]

ATTENTION INVESTORS: FINRA Fines, Suspends Hillard Lyons Broker CHRISTOPHER BENNETT The Financial Industry Regulatory Authority (“FINRA”) suspended J.J.B. Hilliard, W.L. Lyons LLC broker Christopher Duke Bennett (CRD#: 2510231, Louisville, Kentucky) for exercising discretion in investment accounts without written authorization. Evidently, Bennett executed a Letter of Acceptance, Waiver and Consent (“AWC”) #2017054060301 on December 17, 2018, […]

Former Morgan Stanley Broker, STEWART CLINTON MALLOY, Barred by FINRA Soreide Law Group, based in Florida, obtained the following information from FINRA’s website listed under, “Disciplinary and Other FINRA Actions,” March 2019: STEWART CLINTON MALLOY (CRD #1029931, The Villages, Florida) According to FINRA, an Office of Hearing Officers (OHO) decision became final in which STEWART […]

INVESTOR ALERT! Customer Disputes Involving Robert W. Baird Brokers MARK FALCI, MICHAEL COLLINS Soreide Law Group is investigating claims on behalf of those who have invested with Robert W. Baird & Co. incorporated (CRD#: 8158, Milwaukee, Wisconsin), which is a FINRA and SEC regulated brokerage firm and investment adviser firm doing business throughout the United […]

INVESTOR ALERT: Misconduct Allegations Against Securities America Brokers THOMAS ABBOUD, KENNETH FOREMAN, ROBERT MITCHELL JR. Securities America, Inc. (CRD#: 10205, Lavista, Nebraska), which is a brokerage firm regulated by FINRA’s Kansas City district office, revealed through FINRA BrokerCheck that several of its brokers allegedly engaged in conduct that could have both run afoul of FINRA […]