MITCHELL TOBY YANOW (CRD#: 214817), a former STIFEL, NICOLAUS & COMPANY, INC financial advisor from BOCA RATON, FL, was barred by FINRA on July 11, 2018, from acting as a broker or otherwise associating with a broker-dealer firm for allegedly stealing over $205, 000 from an 87 year-old client. Yanow was accused of writing checks […]

Gradient Securities Customers File Complaints Over Annuities Losses With Broker Jack Howard Owens Jr.  Jack Howard Owens, Jr. (CRD #2240940, Lady Lake, Florida), who has been registered with Gradient Securities, LLC between December 10, 2009 and June 1, 2018, disclosed via the Financial Industry Regulatory Authority (“FINRA”) BrokerCheck his involvement in activities giving rise to […]

CETERA FINANCIAL SPECIALISTS LLC CRD# 10358 SEC# 8-27082, was recently censured by FINRA, the Financial Industry Regulatory Authority Inc., and also fined $200,000, for supervisory failures in connection with its brokers' outside business activities. The allegations, in part, were as follows: “The firm consented to the sanctions and to the entry of findings that it […]

Paul Edward Soll (CRD#: 430284) was barred by FINRA from acting as a broker or otherwise associating with a broker-dealer firm on July 12, 2018. The Financial Industry Regulatory Authority Inc. barred Paul Soll for allegedly failing to provide FINRA with information about his trading activity while he was employed by Financial West Group in […]

Soreide Law Group has filed cases against brokers who sold Aequitas Management LLC and suffered devastating losses.  Investors can still file claims against financial advisors and brokerage firms that sold Aequitas for failing to do their due diligence on this Ponzi-like investment. It was reported recently that the Portland, Oregon-based law firm, Tonkon Torp, has […]

Customer Alleges First Allied Sold Unsuitable Alternative Investments Douglas Keith Hyer (CRD#254358, Great Neck, New York), who has been a registered representative of First Allied Securities, Inc. since January 31, 2013, disclosed on Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that he has been named in a customer-initiated investment-related written complaint dated April 21, 2018, in […]

Gradient Securities LLC Representative Hit With Arbitration Case Glenn Patrick Lattz (CRD #1744697, Lady Lake, Florida), who was a registered representative of Gradient Securities, LLC from December 10, 2009 to June 1, 2018, disclosed on Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that he has been named in a customer-initiated investment-related arbitration. (FINRA Arbitration Case #18-01227, […]

KIMBERLY PINE KITTS (CRD#: 2768200), a 51 year-old financial advisor from Massachusetts, was charged with defrauding multiple clients of  over $3 million from the client investment and retirement accounts, according to the SEC complaint filed in federal court. Kitts was formerly with Royal Alliance Associates of Palmer, Massachusetts, which does business as Marquis Consulting, which […]

SEC Fines Alexander Capital For Failure To Supervise Alexander Capital, L.P. (CRD #40077, New York, New York) is a broker-dealer registered with both Securities Exchange Commission (“SEC”) and Financial Industry Regulatory Authority (“FINRA”) that consented to an SEC Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934, Making Findings, and […]