A recent article in InvestmentNews, states that the Financial Industry Regulatory Authority Inc. (FINRA) has barred CHRISTOPHER B REYNOLDS (CHRISTOPHER BARRETT REYNOLDS), on August 16, 2024.  Reynolds had allegedly been forging clients’ signatures on annuities documents, with the goal of using proceeds of the liquidations of annuities to purchase units of a registered index-linked annuity […]

Allegations Of Misconduct Raised Against LPL Financial LLC Brokers Brian Griffith, Kevin Sofoul, Virginia Nichols LPL Financial LLC (CRD#: 6413, Boston, Massachusetts) is a FINRA-regulated brokerage firm and SEC-regulated investment adviser firm. Mainly, LPL Financial LLC reports through FINRA BrokerCheck that regulators have taken disciplinary action against it 153 times. Also, arbitrators in approximately 54 […]

Edward H. Kahler, 64, the owner of Key Resources, a Kenmore, Washington, retirement consultation company which sells annuities and life insurance, was arrested on September 30th., 2013, for suspicion of a federal mail fraud charge, according to U.S. Attorney Jenny A. Durkan. Kahler is accused of liquidating the account of a deceased client without authorization. […]

The Soreide Law Group, PLLC, is a Securities Arbitration Law Firm, (888) 760-6552. We recently obtained the following information on FINRA’s website under “Disciplinary and Other FINRA Actions, August, 2013.” Darrell Glynn Frazier (CRD #1663429, Registered Representative, Dublin, Ohio) was barred from association with any FINRA member in any capacity. Without admitting or denying the […]

The Soreide Law Group, PLLC, is a Securities Arbitration Law Firm, (888) 760-6552. We recently obtained the following information on FINRA’s website under “Disciplinary and Other FINRA Actions, August, 2013.” Darrell Glynn Frazier (CRD #1663429, Registered Representative, Dublin, Ohio) was barred from association with any FINRA member in any capacity. Without admitting or denying the […]

Soreide Law Group, a Securities Arbitration Law Firm, (888) 760-6552, obtained the following information on FINRA’s website under “Disciplinary and Other FINRA Actions, June, 2013.” Cecilia Sawyer aka Cecilia Villanueva (CRD #2549482, Registered Principal, Federal Way, Washington) was barred from association with any FINRA member in any capacity. The sanction was based on findings that […]

The Financial Industry Regulatory Authority, also known as FINRA, has been enforcing all types of annuity transaction misdeeds nationwide according to recent enforcement reports from the agency, writes Elizabeth Festa in a recent article for LifeHealthPro.com. FINRA recently censured a firm and fined it $40,000 to settle allegations that the firm failed to maintain required […]

Raymond James, FINRA ID # 11-03503 (Bradenton, FL, 8/21/2012) A split FINRA arbitration panel awarded $985,700, including triple damages, to an elderly customer on his misappropriation claim. This award against Paul David Arnold, and Raymond James and Associates, Inc., of Bradenton, Florida, involved the purchasing of an annuity, electronic transfers and conversion of funds of […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, January 2012.”   Andrew James Aragona (CRD #1320844, Registered Representative, Deerfield Beach, Florida)   was named as a respondent in a FINRA complaint alleging that he recommended variable annuity switches to an elderly customer who had a moderate risk tolerance and a primary investment objective […]