Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: ALLIANCE GLOBAL PARTNERS (Respondents). The Claimants are a married couple residing in Pennsylvania. The lawsuit states the Claimants are bringing this lawsuit to recover losses due to the alleged actions of the Respondent and their registered representative, MATT WARD. Ward […]

FINRA Charges Broker Jim Flower With Churning, Excessively Trading The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations of misconduct by securities broker Jim Flower (CRD#: 2817701, Garden City, New York). Notably, FINRA filed an enforcement action against Flower for alleged sales practice violations including unsuitable recommendations and churning. Not only that, but at least […]

Ameriprise's Bill Utanksi Allegedly Makes Unsuitable Dendreon Corp. Stock Sales Soreide Law Group is looking into potential investor disputes against securities broker William (Bill) David Utanski [CRD#: 2576809, Fort Lauderdale, Florida]. Apparently, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck shows that at least 5 clients took issue with the securities broker, who worked for Ameriprise Financial […]

Merrill Lynch's Scott Madison Allegedly Churned Investor's Account The Financial Industry Regulatory Authority (“FINRA”) reports troubling information about Merrill Lynch securities broker Scott Madison (CRD#: 4323032, Beverly Hills, California). Namely, at least two of Madison’s clients contested his sales practices. These client disputes raise serious questions about whether Madison made unauthorized trades and provided poor […]

Did Debra Lambert Excessively Trade Your Account? The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations against Raymond James and Merrill Lynch securities broker Debra Lambert (CRD#: 2238553, The Villages, Florida). Notably, at least 1 Raymond James client and 2 Merrill Lynch clients filed disputes contesting Lambert’s sales practices. Here’s a summary of the allegations […]

SHAWN BURNS Losses? Soreide Law Group is reviewing possible investor claims against Salomon Whitney Financial securities broker Shawn Burns (CRD#: 3138114, Farmingdale, New York). Evidently, Burns’ Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report contains thirty-two disclosures regarding regulatory actions and client disputes. The broker, who FINRA barred August 28, 2017 for failing to respond to […]

Soreide Law Group has filed a FINRA arbitration on behalf of their client (“Claimant”) against FIRST STANDARD FINANCIAL COMPANY, LLC, (“FIRST STANDARD”) and their registered representative, WILLIAM C GENNITY (“GENNITY”) CRD# 4913490. The Claimant, a married, father of four, is in his mid-forties and from Utah. The lawsuit states that the Claimant has minimal experience […]

Soreide Law Group obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions, September 2016.” David C. Cannata (CRD #2408845, Smithtown, New York) was barred by FINRA and ordered to pay $1,566,298.14, plus interest, in restitution to clients. The sanctions were based on findings that Cannata allegedly made unsuitable recommendations and excessively […]

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 […]