The Florida-based, Soreide Law Group, obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions, September 2016.” ELLIOT HARRIS (CRD# 2496586), Delray Beach, Florida) was barred by FINRA for allegedly failing to provide FINRA with requested documents and information during the course of FINRA's investigation into allegations that he recommended unsuitable trades […]

The Soreide Law Group is investigating former RBC of West Palm Beach broker, PAUL V. BLUM (CRD# 735003).  This investigation is centered on the misconduct of former broker Blum related, in part, to junk bonds.  These bonds allegedly were unsuitable for clients and caused huge losses in energy and other investments, totaling hundreds of thousands […]

In August, FINRA suspended top producing advisor, ADAM D. ESTES (CRD# 4089657), of Hilliard Lyons, Bloomington, Indiana, for 15 months, and fined Estes $15,000. Allegedly, Estes engaged in 11 private securities transactions without his firm's permission which totaled over $1.2 million between May of 2012, and March of 2014.  Estes provided about $652,000 and other […]

The Financial Industry Regulatory Authority (FINRA) accused a New York broker with K. C. Ward Financial of Long Island, with charging a 72-year-old retiree $376,000 in fees and commissions after allegedly making repeated unauthorized trades of her Colgate-Palmolive Co. stock. CRAIG D. DIMA (CRD# 2314389), of K.C. Ward Financial, was charged with making unauthorized and […]

JEROME P. BONNETT JR (CRD# 2143822) (JEROME "JOE" BONNETT JR, JEROME PATRICK BONNETT, JR.) 51 years-old, from Omaha, Nebraska, killed himself in May, 2016, after his Bonnett Wealth Management began unraveling, with allegations that he paid old investors with proceeds from new ones, borrowed money from clients and forged documents. Also in May, Bonnett was […]

The Soreide Law Group recently filed a FINRA arbitration on behalf of their client (Claimant) against FIRST DALLAS SECURITIES INCORPORATED and their registered representative, GARY M. BRADSHAW (CRD# 1389924). The Claimant, is a retired widow from Texas, whose husband passed away in 2008. The Claimant met FIRST DALLAS broker, BRADSHAW, through her now deceased mother […]

The Pompano Beach, Florida-based Soreide Law Group obtained the following information from the Financial Industry Regulatory Authority (FINRA) regarding two South Florida broker/dealers. Newbridge Securities Corp. and Shearson Financial Services LLC, both based in Boca Raton, Florida, were disciplined by FINRA. According to the FINRA report, Newbridge Securities Corp. allegedly failed to apply discounts to […]

According to the Financial Industry Regulatory Authority Inc. (FINRA), Caldwell International Securities Corp. (CISC), a Texas wealth management firm, will pay more than $2 million in fines and restitution, to settle charges that the broker-dealer’s senior management failed to supervise partner offices where brokers were allegedly churning client accounts. Caldwell International’s founder, Greg Caldwell, will […]

The Financial Industry Regulatory Authority Inc. (FINRA) filed a complaint August 25th. 2016, against ex-broker, CHRISTOPHER B. ARIOLA (CRD# 2957096) (Alternate Name: CHRISTOPHER BASILE ARIOLA).  Allegedly while working for Bay Mutual Financial, of Santa Monica, California, Ariola recommended that three elderly retirees invest a substantial portion of their retirement savings in gold and energy stocks […]