Latest Securities Lawyer News

SEC Orders Morgan Stanley To Pay $3.6M For Failure To Supervise Barry Connell Barry Franklin Connell (CRD#: 3070984, Ridgewood, New Jersey) is a past securities broker of Morgan Stanley. Particularly, Connell worked at the firm’s Ridgewood, New Jersey offices from June 1, 2009 to December 7, 2016. Morgan Stanley ended his employment claiming that Connell […]

Soreide Law Group has filed a FINRA arbitration on behalf of their clients (Claimants) against: VANDERBILT SECURITIES, LLC (Respondent) The Claimants are a married couple residing in New York.  The lawsuit alleges that the Claimants are bringing this case to recover damages suffered due to the misconduct of VANDERBILT SECURITIES and their former financial advisor, […]

INVESTOR ALERT: Accelerated Capital Group Customer Dispute Involving Aaron Brodt Soreide Law Group is reviewing possible claims of unsuitability against Aaron Paul Brodt (CRD#: 5017914, Scottsdale, Arizona), an Accelerated Capital Group securities representative. Apparently, Brodt’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report shows that four customers complained about him. For example, take a look at […]

INVESTOR ALERT: FINRA Bars Coastal Equities’ SAM AZIZ Because Of Excessive Trading Investigation The Financial Industry Regulatory Authority (“FINRA”) barred David A. Noyes broker Sam Aziz (CRD#: 1721932, Dublin, Ohio) from the securities industry. Evidently, Aziz executed a Letter of Acceptance, Waiver and Consent (“AWC”) #2017052325701 on March 18, 2019, which FINRA accepted March 27, […]

Soreide Law Group recently filed a FINRA arbitration on behalf of our client (Claimant) against: LPL FINANCIAL LLC (Respondent) The Claimant resides in Illinois and resided there during the time he maintained accounts with the Respondent.  LPL is a full-service securities broker/dealer with offices around the country. The Claimant brings this lawsuit due to LPL […]

INVESTOR ALERT: FINRA Bars JAMES SCHWARTZ For Excessive Trading The Financial Industry Regulatory Authority (“FINRA”) announced it barred Aegis Capital Corp securities representative James Bradley Schwartz (CRD#: 3043085, New York City, New York) for making fraudulent trades and churning Aegis Capital Corp customers’ accounts. A settlement was reached April 16, 2019 in Case #2016051704302, following […]

FINRA Complaint Alleges Wells Fargo’s DAVID MANOR Made Unsuitable Trades On April 16, 2019, FINRA brought Complaint #2017056648801 against Wells Fargo broker David Manor (CRD#: 6033220, Boston, Massachusetts), alleging Manor broke FINRA rules by engaging in outside business activities. FINRA Department of Enforcement claims Manor was involved in an undisclosed outside business activity and engaged […]

Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against:  PRINCIPAL SECURITIES, INC. (Respondent) The Claimant is a widow residing in Texas. At all times relevant to this lawsuit the Claimant maintained her accounts at PRINCIPAL SECURITIES. According to the lawsuit the Claimant is seeking damages relating to the misconduct […]

Soreide Law Group has filed a FINRA arbitration on behalf of their client (Claimant) against: SUMMIT BROKERAGE SERVICES, INC. (Respondent) The Claimant, residing in Illinois, alleges losses due to the actions of SUMMIT BROKERAGE SERVICES. The lawsuit alleges that the Respondent’s registered representative, VICTOR A. RIGONI III (VICTOR RIGONI ) CRD#: 4272056, solicited the Claimant […]