FINRA Bars MICHAEL CASTILLERO After Unauthorized Trading Allegations Surface Michael Alejandro Castillero (CRD#: 4583917, New York, New York) is an ex Alexander Capital, L.P. securities broker who the Financial Industry Regulatory Authority (“FINRA”) barred for refusing to cooperate while under investigation. Specifically, Castillero submitted a Letter of Acceptance, Waiver and Consent (“AWC”) #: 2018058649501 on […]

Soreide Law Group has obtained the following information from FINRA’s website under “Disciplinary and Other FINA Actions,” dated March 2019: LIJU "JOE" VARGHESE  (CRD #4197007, New Hyde Park, New York)   was barred from association with any FINRA member in all capacities by FINRA. Without admitting or denying the findings, Varghese consented to the sanction […]

Soreide Law Group, based in Pompano Beach, Florida, has filed a FINRA arbitration on behalf of their client (Claimant) against the Boca Raton, Florida firm: NEWBRIDGE SECURITIES CORPORATION (Respondent) The Claimant is an 80 year-old woman living in Florida. She is hoping to recover financial losses due to the alleged misconduct of the NEWBRIDGE SECURITIES […]

Soreide Law Group Investigating Wells Fargo Advisors Brokers WILLIAM SWETT, ROY LE BLANC, KEVIN LYNAR Soreide Law Group is investigating claims on behalf of those who invested with brokers of Wells Fargo Clearing Services, LLC (CRD#: 19616, St. Louis, Missouri), also known as Wells Fargo Advisors.  Specifically, the Financial Industry Regulatory Authority (“FINRA”) reports that […]

Soreide Law Group has been contacted by investors who have experienced losses due to their broker/dealers recommending the highly risky, non-traded REIT, NorthStar Healthcare to their investors. In a recent letter to their stockholders, NorthStar Healthcare Income, Inc. wrote to the investors that they were updating information regarding the investment in shares of NorthStar Helthcare’s […]

Soreide Law Group is currently investigating on behalf of investors who suffered investment losses, the UBS Yield Enhancement Strategy Program (UBS YES Program). UBS offered the YES Program as an option-based trading strategy.  The investors committed a certain amount of their portfolios to this program. UBS allegedly offered these clients a safe and low-risk investment […]

INVESTOR ALERT: Royal Securities’ THOMAS CAMERON OAKES Barred By FINRA The Financial Industry Regulatory Authority (“FINRA”) barred Royal Securities Company securities representative Thomas Cameron Oakes (CRD#: 1354152, Grand Rapids, Michigan) for declining to testify in an investigation FINRA initiated regarding a number of investor complaints against Mr. Oakes. Notably, Mr. Oakes, who worked for Royal […]

INVESTOR ALERT: FINRA Bars Foresters Equity Services Broker Michael Rappa For Selling Away The Financial Industry Regulatory Authority (“FINRA”) barred Foresters Equity Services securities representative Michael Rappa (CRD#: 4799159, San Diego, CA) for selling away. Notably, Mr. Rappa, who worked for Foresters Equity Services from 2010 to 2017 – submitted a Letter of Acceptance, Waiver […]

Soreide Law Group has been contacted by former clients of California broker: ANGELO TALEBI CRD#: 2243829 The losses the clients suffered were mainly from alleged recommendations in Northstar REITs:  NorthStar Real Estate Income Trust, NorthStar Real Estate Income Trust I, and NorthStar Real Estate Income Trust II. NorthStar Real Estate Income was formed to invest […]