FINRA, the Financial Industry Regulatory Authority, has denied an appeal by Meyer Associates, now known as Windsor Street Capital, a New York broker/dealer.  Originally the fine had been $350,000, but FINRA has ordered the broker/dealer to pay an additional $150,000 after finding an “alarming lack of quality controls.” FINRA stated that this lack of control […]

Soreide Law Group, based in Pompano Beach, Florida, obtained the following information from FINRA’s December 2017 Disciplinary Report:  Noble Capital Markets, Inc. fka Noble Financial Capital Markets (CRD® #15768, Boca Raton, Florida) and Nicolaas Petrus Pronk (CRD #1726101, Lighthouse Point, Florida) FINRA issued an Offer of Settlement in which Noble Capital Markets was fined $225,000, […]

RALPH WILLARD SAVOIE (CRD#: 411660) was charged December 22, 2017, with one count of wire fraud. Savoie, based in Louisiana, has been charged with defrauding clients by using the clients’ money for his own personal expenses, to pay off other investors, and to invest in a high-risk real estate venture. According to the court filing, […]

The North Dakota Securities Commissioner said that KEVIN DONALD WANNER (KEVIN D WANNER) CRD#: 1402627, of Bismarck, North Dakota, has been accused of bilking 66 investors from North Dakota over 15 years. WANNER has reached a plea agreement in federal court on charges of mail fraud and money laundering. Woodbury Financial Services Inc., of Oakdale, […]

KYUSUN KIM (also known as KYU SUN KIM, and Kenny Kim) CRD#: 2864085, has been barred FINRA from acting as a broker or otherwise associating with a broker-dealer firm on June 26, 2018, for allegedly making unsuitable recommendations to numerous senior clients, who were retiring or had retired, that they concentrate their retirement assets and […]

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: RAYMOND JAMES & ASSOCIATES, INC. The Claimant, a resident of Florida, brings this action to recover losses due to RAYMOND JAMES & ASSOCIATES allegedly mishandling savings entrusted to its care, by over-concentrating the Claimant’s portfolio in speculative oil investments such […]

Soreide Law Group obtained the following information on FINRA’s December 2017 Disciplinary Report: LANDON L WILLIAMS (LANDON LAVON WILLIAMS)(CRD #1751467, Daytona Beach, Florida) was assessed a deferred fine of $10,000 and suspended by FINRA due to allegations that during telephone conversations with clients, he misrepresented and omitted material facts, and made misleading statements relating to […]

CHARLES HENRY FRIEDA CRD#: 5502319 and CHARLES BERNARD LYNCH JR (also known as: CHARLES B LYNCH JR, CHARLES LYNCH JR,CHARLIE BERNARD LYNCH JR,CHARLIE BERNARD LYNCH) CRD#: 3004877 were both barred by the Financial Industry Regulatory Authority (FINRA). The Irvine, California, former Wells Fargo brokers, were barred for allegedly recommending an over-concentration in energy-sector securities, some […]

KENNETH STEWART TYRRELL (KEN TYRRELL) CRD#: 2457452 has been barred by the Financial Industry Regulatory Authority Inc (FINRA) for allegedly participating in eleven undisclosed private securities transactions and engaging in five undisclosed outside business activities. According to FINRA's BrokerCheck, FINRA’s findings stated that KENNETH STEWART TYRRELL participated in private securities transactions totaling more than $13 […]