Louis James Deeley (CRD #5830647, Santa Rosa, California) AKA: LOUIS POPP III was barred by FINRA for allegedly converting $24,014 from the bank account of his firm’s client for his own personal use and benefit. FINRA's findings stated that on separate occasions, Deeley submitted completed withdrawal slips to a bank teller containing a signature that […]

Nilda Lee Vasey (CRD #4842504, Dorchester, Massachusetts was barred by FINRA for allegedly converting client funds for her own personal use and benefit. FINRA's findings stated that Vasey gained access to the clients funds by requesting, and against her member firm’s policy, that her clients make their annual firm financial planning fee checks, or wire […]

PHILIP E. MORIARTY II (CRD# 1989641) an investment advisor from Maine, was recently accused of six counts of wire fraud. A grand jury in Chicago indicted him on the charges relating to the allegations that he defrauded investors of approximately $1.1 million while he was CEO of First Street Capital Partners in Chicago 2008 - […]

Randall A. Samson (CRD #2691518, Manteca, California) was barred by FINRA for allegedly converting $10,000 from the 401(k) account of an employee, who was also a client, of his member firm. FINRA's findings stated that Samson, without the individual’s knowledge or consent, used his position as the plan’s trustee to complete a $10,000 distribution from […]

The Florida-based Soreide Law Group, (888) 760-6552, recently obtained the following information from FINRA's website under “Disciplinary and Other FINRA Actions, January, 2015.” Jeffrey Brian Grove (CRD #3000877, Viera, Florida) was barred by FINRA for allegedly converting the proceeds of office equipment sales, totaling nearly $1 million, for his own personal use and benefit. Allegedly […]

The Florida-based Soreide Law Group obtained this summation of information from FINRA's Website under "Disciplinary and Other Actions, January, 2015." Jamie David Pope (CRD #4172805, Winter Park, Florida) was barred from association by FINRA for allegedly converting funds from a client of his member firm which were provided to him for the express purposes of […]

Clark Smith Gardner (CRD #2930356, Orem, Utah) was barred by FINRA member for allegedly converting client funds for his own use and benefit. FINRA's findings stated that Gardner's client gave him a check for $243,000 to invest, however Gardner deposited that check into his own personal bank account and did not invest any of the […]

A group of investors from Resource Horizons Group, Atlanta, was awarded more than $4 million by the Financial Industry Regulatory Authority, Inc. (FINRA). Allegedly, Resource Horizons Group failed to meet regulatory net capital requirements. Resource Horizons Group has approximately 220 brokers and financial advisors. The FINRA arbitration panel held the firm responsible for $3.5 million […]

Fort Lauderdale-based Soreide Law Group, (888) 760-6552, recently obtained the following summary of information located on FINRA’s website, under “Disciplinary and Other FINRA Actions, August, 2014.” Stuart James Siegel (CRD #835515, Bradenton, Florida) was barred by FINRA for allegedly converting more than $76,000 of a foundation’s funds for his own personal use. FINRA's findings stated […]