DONALD FOWLER Liable For Securities Fraud The Securities and Exchange Commission (“SEC”) announced on June 20, 2019 that Donald Fowler (CRD#: 4989632, Syosset, New York) was found guilty of securities fraud. Notably, a jury returned a verdict in favor of SEC in Case #: 1:17-cv-00139. Here’s more on the SEC action against Fowler: SEC Charges […]

GPB Armada Waste Management Losses? Soreide Law Group is reviewing possible claims of unsuitability against brokers who sold investors Armada Waste Management LP. Evidently, alternative asset management company, GPB (New York, New York) issued more than $163,000,000 in Armada Waste Management securities. However, the fund’s approximate value now stands at just over $53,000,000. This 67% […]

MICHAEL BARNETT Sell You Unsuitable Investments? Have you invested with JJB Hilliard WL Lyons LLC general securities representative Michael Barnett (CRD#: 5792242, Marion, Illinois)? It appears from Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that Barnett may have sold unsuitable alternative investments. Soreide Law Group is evaluating possible investor claims against Barnett given this information. Here […]

MICHAEL VETERE Losses? Investors are disputing the sales practices of TFS Securities Inc. general securities representative Michael Vetere (CRD#: 4275271, Bayside, New York), who registered through TFS Securities Inc. from April 28, 2016 to June 27, 2018. Notably, the Financial Industry Regulatory Authority (“FINRA”) shows on BrokerCheck that since February 12, 2018, at least three […]

GARRY SAVAGE Misrepresent Your Investments? Soreide law Group is reviewing possible investor claims against Wall Street Strategies securities broker Garry Savage Sr. (CRD#: 1195330, Huron, Ohio). Evidently, the Financial industry Regulatory Authority (“FINRA”) sanctioned the broker after Wall Street Strategies disaffiliated with him June 7, 2017. Particularly, FINRA suspended Savage August 16, 2018 for allegedly […]

JOHN SCHMIDT Sentenced To Prison For Securities Fraud Wells Fargo Advisors securities broker John Schmidt (CRD#: 708094, Dayton, Ohio) will reportedly serve 5 years in prison for securities fraud. Notably, the broker, whom Wells Fargo disaffiliated with on October 24, 2017, was convicted of 128 felony counts relating to fraud and forgery. It appears Schmidt […]

SEAN BRADY Barred, Sued By Investors The Financial Industry Regulatory Authority (“FINRA”) barred First Allied Securities Inc. broker Sean Brady (CRD#: 4365173, St. Louis, Missouri). Evidently, Brady – who First Allied discharged on November 15, 2017 for falsifying clients’ documents – evidently stonewalled a FINRA investigation. That investigation supposedly concerned Brady’s sales practice violations at […]

ROBERT LAWSON Barred by SEC and FINRA The SEC barred Lawson Financial Corporation (“LFC”) founder and CEO Robert Lawson (CRD#: 501167, Phoenix, Arizona) for committing fraud. Evidently, on April 5, 2017, SEC issued an Order instructing Lawson – who worked for the securities firm from 1984 to 2017 – to pay nearly $100,000 in fines […]

STEPHEN WOOD Investigated BY FINRA The Financial Industry Regulatory Authority (“FINRA”) announced April 2, 2019 that it made a “preliminary determination” to recommend the Department of Enforcement discipline securities broker Stephen Wood (CRD#: 1308917, Warren, New Jersey). Evidently, Wood – a UBS Financial Services securities representative from August 12, 2013 to May 26, 2017 – […]