NOAH L. MYERS (CRD# 2387620) 43, an investment advisor from Lyme, Connecticut, pled guilty October 20, 2014, in federal court to defrauding his clients by “cherry-picking” securities. Myers admitted taking profits of $460,000 for himself, while his clients lost over $2 million. The majority of his clients who lost their investments were retired or using […]

Alan J. Becker (CRD #4870553, Bedford, New Hampshire) was assessed a deferred fine of $46,045, including the disgorgement of commissions received for $36,045, and was suspended by FINRA for 18 months for allegedly making unsuitable recommendations to six clients in the sales of variable universal life policies (VULs) based on their financial situations. FINRA's findings […]

The Fort Lauderdale-based, Soreide Law Group, obtained the following summary of information from FINRA’s website under “Disciplinary and Other FINRA Actions, October, 2014.” Ane S. Plate (CRD #1977401, Deland, Florida) was barred by FINRA for an alleged 15 unauthorized trades in a client’s firm account, resulting in the cash proceeds of $176,080. FINRA's findings stated […]

Fort Lauderdale-based Soreide Law Group recently obtained this summary of information from FINRA’s website under “Disciplinary and Other FINRA Actions, October, 2014.” Richard Happle (CRD #1095540, St. Petersburg, Florida) was assessed a deferred fine of $5,000 and suspended by for 10 business days. Allegedly, Happle failed to execute a client's trade order. FINRA's findings stated […]

The Soreide Law Group, based in Fort Lauderdale (888) 760-6552, obtained the following summary of information from FINRA’s website, under “Disciplinary and Other FINRA Actions, October, 2014.” Arhonda T’Lene Guinn (CRD #4401132, Vero Beach, Florida) was barred by FINRA for allegedly converting $12,100 from a client’s account at her firm for her own use. FINRA's […]

The Fort Lauderdale-based Soreide Law Group, (888) 760-6552, recently obtained the summary of information from FINRA’s website, under “Disciplinary and Other FINRA Actions, October, 2014.” Daniel Timothy Cowperthwaite (CRD #1398178, Pinecrest, Florida) was assessed a deferred fine of $5,000 and suspended for three months by FINRA for allegedly received two loans improperly for approx. $4,300 […]

BRUCE MEYERS (CRD# 1045447), owner and CEO of Meyers Associates, New York, was sued by the Financial Industry Regulatory Authority Inc. (FINRA) for alleged improper marketing of an unregistered securities offering of a pharmaceutical company. Meyers and another firm exec were the majority owners of the company, SignPath Pharma Inc. According to FINRA, Meyers Associates, […]

In an October 15, 2014, article from the South Florida Business Journal, Brian Bandell lists the following four FINRA actions taken recently: 1. Andrew S. Taubman of Weston, FL, formerly with NFP Securities from 2005 to 2010 and now a principal at Fort Lauderdale accounting firm Kaufman, Rossin & Co., was fined $10,000 and suspended […]

John J. Katsock, Sr., 74, a financial advisor and accountant from Yardley, Pennsylvania, has been accused of stealing over $200,000 from a client’s trust. His business, J. J. Katsock & Company, is in Fairless Hills, Pennsylvania. Katsock was charged with second degree theft, second degree deception and second degree misapplication of entrusted property. His bail […]