Soreide Law Group is investigating GPB Capital Holdings LLC (GPB) and/or several of the independent broker/dealers who sold GPB private placements. GPB Capital Holdings, LLC (GPB) is a New York-based alternative asset management firm focusing on acquiring income-producing private companies from various industries including automotive, waste management, and middle market lending. In December of 2018, […]

Soreide Law Group is investigating claims on behalf of investors who were sold American Realty Capital Finance (AFIN) by former CETERA INVETMENT SERVICES, LLC, broker, DENNIS ALLEN REEVE (CRD#: 1603350). Reeve was employed by Cetera for nearly 12 years and worked in the Lake City Bank branch office in Warsaw, Indiana. According to FINRA’s BrokerCheck, […]

GMS Group’s Paul Mante Allegedly Misrepresented Bonds Paul David Mante (CRD#: 4911949, Boca Raton, Florida) is a GMS Group LLC securities representative with a number of customer complaints on his record. Specifically, Paul Mante disclosed through Financial Industry Regulatory Authority (FINRA) that at least 8 GMS Group LLC customers have complained about his sales practices. […]

Dawson James’ Peter Ruggiere Allegedly Made Unsuitable Trades Peter George Ruggiere (CRD#: 2248318, Boca Raton, Florida) has been a Dawson James Securities Inc. broker since February 6, 2008. Investors should be concerned that Peter Ruggiere has disclosed on his FINRA BrokerCheck profile that customers of Dawson James Securities, Inc., Josephthal & Co., Inc., and Newbridge […]

Moloney Securities’ David Todd Phillips Terminated For Outside Business Activities Moloney Securities’ David Todd Phillips Terminated For Outside Business Activities   David Todd Phillips (CRD#: 3094195, Gilbert, Arizona), is a prior securities broker for Moloney Securities Co., Inc. According to Financial Industry Regulatory Authority (“FINRA”) BrokerCheck, there are two disclosures about his alleged misconduct. Particularly, […]

Frank Dietrich Ponzi Scheme Frank Dietrich, broker at Quest Capital Strategies, was barred by FINRA for selling fake notes in a real estate Ponzi scheme.  Woodbridge Group filed for bankruptcy last year.  Frank Dietrich sold investors $10.8 million worth of promissory notes related to real estate holdings.  Frank Roland Dietrich used his 23 years of […]

GEORGE LOUIS MCCAFFREY III (GEORGE MCCAFFREY) CRD#: 847377, formerly with NTB FINANCIAL CORPORATION of Englewood, Colorado, was suspended and sanctioned by FINRA following allegations of participating in private securities transactions. On September 10, 2018, without admitting to or denying the findings, GEORGE MCCAFFREY consented to the sanctions and to the entry of findings that without […]

STEPHEN CORLEY CARVER (STEPHEN C. CARVER) CRD#: 2230161, a broker formerly with CETERA ADVISORS LLC of PEORIA, IL, had a complaint filed against him on October 10, 2018, alleging financial exploitation of the elderly, negligence, breach of fiduciary duty, unlawful conversion, breach of Illinois consumer fraud Act, fraud, negligent misrepresentation, breach of FINRA regulations, and […]

Customers File Disputes Involving UBS Financial Services’ Pedro Pons Pedro J. Jose Pons (CRD#: 2495983, San Juan, Puerto Rico) is a prior general securities representative of UBS Financial Services Inc. Throughout Pedro Pons’s employment, he serviced the investment accounts of approximately 19 customers that complained about his activities. A brief summary of Pedro Pons pending […]