Merrill Lynch Customer Files $10,000,000 Arbitration Claim Alleging Misrepresentations Hector J. Gonzalez (CRD #5330726, Miami, Florida), who has been a registered representative of Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”) since June 21, 2010, disclosed via Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that his sales practices have caused a customer to file an […]

Ameriprise Ordered To Pay Customer after Fraud allegations Michael Anthony Lipscomb (CRD #2286249, Orlando, Florida), who has been a registered representative of Ameriprise Financial Services, Inc. (“Ameriprise”) since August 27, 2014, disclosed via Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that his activities are the subject of a customer-initiated investment-related arbitration dated November 29, 2017. The […]

ALEX GERARDO HERRERA CRD#: 3204779, a former registered representative from UBS FINANCIAL SERVICES of Coral Gables, Florida, was barred by FINRA, August 8, 2018. Herrera consented to the sanction and to the entry of FINRA’s findings that he refused to provide information requested by FINRA in connection with its investigation of his possible participation in […]

Soreide Law Group has filed a FINRA arbitration on behalf of their client (Claimant) against: IBN FINANCIAL SERVICES, INC (IBN) The Claimant is a retired police officer from Pennsylvania who was solicited to invest with IBN registered representative, Anthony Diaz (“Diaz”) (CRD # 4131948), on or about October 2012. The Claimant was looking to generate […]

MICHAEL JAMES FREW (MIKE FREW) CRD#: 812805, a 70-year-old Hillsborough, California resident formerly with Wells Fargo Advisors in San Francisco, was arrested and charged with mail fraud, wire fraud, and money laundering for running an alleged real estate Ponzi scheme, according to federal prosecutors in San Francisco. MIKE FREW’s alleged scheme began in 2010.  According […]

Brokerage Herbert J. Sims Is Sued Customer of Boca Raton Brokerage Herbert J. Sims Files Securities Arbitration Due To Robert Alan Salles Robert Alan Salles (CRD #1468194, Boca Raton, Florida), who has been a registered representative of Herbert J. Sims & Co, Inc. since October 11, 2002, disclosed via Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that […]

FINRA Fines Laidlaw & Company Ltd. Laidlaw & Company Ltd. (CRD #119037, New York, New York) is a broker-dealer registered with the Financial Industry Regulatory Authority (“FINRA”) that submitted a Letter of Acceptance, Waiver and Consent, resulting in FINRA imposing a censure and $25,000.00 fine to resolve allegations that Laidlaw failed to supervise its registered […]

FINRA Bars Brian Joseph Panfil Brian Joseph Panfil (CRD #4326407, Chicago, Illinois), who was a registered representative of Caldwell International Securities and Ridgeway & Conger, Inc., is now barred by the Financial Industry Regulatory Authority (“FINRA”) from acting as a broker or associating with FINRA member broker-dealer firms pursuant to a Default Decision issued by a […]

American Finance Trust, Inc. (AFIN) Losses? Soreide Law Group is investigating claims on behalf of investors who purchased American Finance Trust, Inc. (Nasdaq: AFIN) – a real estate investment trust (REIT) sponsored by AR Global with a purported emphasis on the management and acquisition of a service-focused tenant portfolio. AFIN REIT LOSSES? According to a […]