FREDERICK HOLLOWAY Barred For Unsuitable Recommendations The Financial Industry Regulatory Authority (“FINRA”) issued Decision #: 201605002401 on April 11, 2019, barring securities representative and owner of Holloway & Associates Inc., Frederick David Holloway, (CRD#: 248814, Easton, Maryland) from the securities industry for making unsuitable annuity recommendations to investors and hiding information from FINRA when it […]

Soreide Law Group recently filed a FINRA arbitration on behalf of our client (Claimant) against: J.W. COLE FINANCIAL, INC. (Respondent) The Claimant resides in Arizona, and maintained accounts with J.W. COLE FINANCIAL, and their former Financial Advisor, KEVIN SCOTT PHILLIPS (CRD#: 1591468).  Phillips is not named in the lawsuit. The lawsuit alleges that J.W. COLE […]

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: FIRST STANDARD FINANCIAL COMPANY, LLC (“FIRST STANDARD”), and their registered representative,  JOSEPH JOHN ORLANDO, JR. (“ORLANDO”), CRD# 2882204 The Claimant, a resident of Massachusetts, allegedly received a cold call on or about October of 2018, from FIRST STANDARD broker, JOSEPH […]

Soreide Law Group, based in Pompano Beach, Florida, has filed a FINRA arbitration on behalf of their clients (Claimants) against: HERBERT J. SIMS & CO. INC., and their former registered representative, ALAN APPELBAUM (Respondents). The Claimants, are a married couple, retired and living in Boca Raton, Florida. ALAN APPELBAUM (CRD# 500336), was an employee and […]

ATTENTION INVESTORS! FINRA Fines, Suspends Ameriprise Broker COREY MIREAU The Financial Industry Regulatory Authority (“FINRA”) announced that Ameriprise Financial Services, Inc. general securities representative Corey Lee Mireau (CRD#: 3046777, Eden Prairie, Minnesota) has been issued a $15,000.00 fine and two year suspension for borrowing money from customers; participating in a private securities transaction and outside […]

INVESTOR ALERT: EDI Financial Broker William Thurmond Fined For Unsuitable Trading The Financial Industry Regulatory Authority (“FINRA”) announced that it has sanctioned EDI Financial, Inc. broker William Stafford Thurmond (CRD#: 870133, New York, New York) by issuing him a $25,000 fine, suspending him for fifteen months, and ordering him to disgorge more than $42,000 in […]

Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against the Respondent: SAGEPOINT FINANCIAL, INC.  The Claimants, a couple residing in Texas, maintained a relationship with Sagepoint Financial, advisor MICHAEL GLEN HILL (Michael Hill) CRD#: 3026108.  The Respondents were allegedly made aware that the Claimants did not want to take […]

ATTENTION INVESTORS: FINRA Suspends Foresters Equity Services’ John Ernst For Woodbridge Notes Sales The Financial Industry Regulatory Authority (“FINRA”) imposed a suspension and $5,000 fine against Foresters Equity Services broker John Ernst (CRD#: 1958252, San Diego, California) for selling away. Specifically, Ernst submitted a Letter of Acceptance, Waiver and Consent #: 2018057754401 on March 12, […]

JAMES CORNELIUS BYLENGA (JAMES C BYLENGA) CRD#: 705143, of Kalamazoo, Michigan, was barred by the Financial Industry Regulatory Authority Inc. (FINRA) from acting as a broker or otherwise associating with a broker-dealer firm on April 5, 2019. According to the FINRA report, without admitting or denying the findings, JAMES C BYLENGA consented to the sanction […]