FINRA Bars Bobby Coburn The Financial Industry Regulatory Authority (“FINRA”) announced August 26, 2019 that it barred Securities America broker Bobby Coburn (CRD#: 1464789, Fort Meade, Florida) from the securities industry for non-cooperation in a FINRA investigation. Evidently, the broker, who Securities America discharged on March 20, 2019 after allegations of misconduct, executed a Letter […]

Did Debra Lambert Excessively Trade Your Account? The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations against Raymond James and Merrill Lynch securities broker Debra Lambert (CRD#: 2238553, The Villages, Florida). Notably, at least 1 Raymond James client and 2 Merrill Lynch clients filed disputes contesting Lambert’s sales practices. Here’s a summary of the allegations […]

SEC Bars Securities America's Hector May Soreide Law Group is evaluating possible claims against Securities America, Inc. general securities representative and Executive Compensation Planners Inc. President, Hector May (CRD#: 323779, New City, NY). Evidently, in December 2018, May pleaded guilty to 1 count of investment adviser fraud and 1 count of conspiracy to commit wire […]

ANTOINE NABIH SOUMA (Antoine Souma) (CRD#: 4210987), formerly listed with J.P. Morgan Securities in Los Angeles, ranked 76th. on Barron’s Top 100 Financial Advisors in 2016, and headed a team managing $3 billion in client funds. Antoine Souma is currently a broker with Morgan Stanley in Los Angeles. According to a Customer Dispute listed on […]

Did Scott Palmer Give You Bad Advice? Soreide Law Group is investigating potential investor claims against Janney Montgomery Scott general securities representative Scott Palmer (CRD#: 817586, Hackensack, New Jersey). Specifically, the broker, who worked for Janney Montgomery Scott LLC from March 2, 2007 to June 13, 2017, discloses 15 disputes, 10 of which settled through […]

DANIEL MAUGHAN Charged In FINRA Complaint Alleging Churning, Excessive Trading FINRA Department of Enforcement filed a Complaint against Financial West Group securities broker Daniel Maughan (CRD#: 2561363, Los Angeles, California). The Complaint, dated August 14, 2019, alleges that Maughan, who worked for Financial West Group from 2010 to 2017, violated securities laws and FINRA rules […]

Did Morgan Stanley's Daniel Reilly Cause Your Investment Losses? FINRA BrokerCheck reports troubling allegations against Morgan Stanley securities representative Daniel Reilly (CRD#: 4752371, New York, New York). Specifically, the securities broker, who worked for Morgan Stanley from February 20, 2015 to June 15, 2018, discloses two clients disputes which settled through payments to them, and […]

FINRA Issues Default Decision Barring Farid Morim The Financial Industry Regulatory Authority (“FINRA”) announced on February 23, 2018 that it barred J.P. Morgan Securities broker Farid Morim (CRD#: 5023477, Beverly Hills, CA). Evidently, a FINRA Hearing Officer issued a Default Decision on January 26, 2018, finding Morim violated FINRA Rules 8210 and 2010 when he […]

Soreide Law Group has filed a FINRA arbitration on behalf of their client (Claimant) against, REID & RUDIGER LLC (Respondent). The Claimant, is in his late seventies, and resides in Colorado.  The Claimant brought this action to recover the investment losses due to the alleged actions of REID & RUDIGER. Allegedly, the Respondent implemented an […]