Latest Securities Lawyer News

The Financial Industry Regulatory Authority, Inc. (FINRA) has barred NINA SUE JESSEE (NINA JESSEE, NINA CAMPBELL JESSEE) CRD#: 1484808 from acting as a broker or otherwise associating with a broker-dealer firm. Jessee, resigned from Cetera Advisors of Abingdon, Virginia in November of 2017 following allegations of unauthorized outside business activity. According to FINRA, on June […]

Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CENTER STREET SECURITIES, INC. (Respondent) The Claimants, a married couple from Arizona, bring this action to recover financial losses they sustained allegedly due to the Respondent’s mishandling of the Claimants’ assets by failing to properly allocate and diversify Claimants’ retirement […]

JOHN PRONOVOST Misrepresent Your Investments? Soreide Law Group is looking into possible investment-loss related disputes on behalf of clients who invested with Cambridge Investment Research, Inc. securities broker John Pronovost (CRD#: 1990612, Watertown, CT). As the Financial Industry Regulatory Authority (“FINRA”) reports on BrokerCheck, Pronovost, who has been registered through the firm since February 29, […]

CURTIS ILE Issued Suspension By FINRA The Financial industry Regulatory Authority (“FINRA”) announced that it has suspended Sigma Financial Corporation securities broker Curtis Ile (CRD#: 4009787, Mount Carmel, Illinois). Ile evidently mismarked order tickets, exercised discretion improperly, and failed to review information before making recommendations. The suspension, effective June 3, 2019 to December 2, 2019, […]

Broker, RON RAY WILLOUGHBY JR (CRD#: 2425926), formerly with Morgan Stanley of Tempe, AZ, currently with Kestra Investment Services of Venice, CA, was fined $5,000 by FINRA and was  suspended for three months, with starting date of July 1, 2019 and ending date, September 30, 2019. According to FINRA, allegedly, RON RAY WILLOUGHBY JR engaged […]

MARK BARRAND Allegedly Misrepresented Investments Investors have disputed the sales practices of securities broker Mark Barrand (CRD#: 4586528, Lone Tree, Colorado). Namely, the Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report for Mark Barrand shows that at least five investors filed “customer disputes” about him. These disputes, summarized below, suggest that Barrand sold unsuitable and misrepresented […]

RON WILLOUGHBY Sell You Unsuitable UITs? Soreide law Group is reviewing potential investor claims against Morgan Stanley securities broker Ron Willoughby Jr. (CRD#: 2425926, Tempe, Arizona). Notably, the Financial Industry Regulatory Authority (“FINRA”) issued Willoughby a suspension and fine of $5,000 for engaging in an unsuitable pattern of early rollovers of unit investment trust (“UIT”) […]

On June 6, 2019, the Financial Industry Regulatory Authority Inc. (FINRA) barred JASON REED NELSON (CRD#: 4824535) from acting as a broker or otherwise associating with a broker-dealer firm. Nelson was formerly a registered representative with LPL Financial in Tremonton, Utah, and according to the FINRA report, he allegedly refused to take part in an […]

ALERT!WINDSOR STREET CAPITAL Expelled For Fraudulent Scheme The Financial Industry Regulatory Authority (“FINRA”) Office of Hearing Officers issued a Default Decision #:2016048912703 on May 28, 2019, expelling Windsor Street Capital and barring two of its employees, Arthur Tacopino and Edwin Rodriguez. FINRA stated that Windsor Street, among other things, committed a fraudulent scheme which caused […]