David Lee Shafranek (CRD #2919901, Long Beach, New York) was fined $10,000 and suspended by FINRA for 20 business days allegedly, without his member firm’s knowledge or approval, participated in private securities transactions by soliciting at least four of his firm’s clients to invest in a start-up company. FINRA's findings stated that the firm’s policies […]

Florida-based Soreide Law Group, (888) 760-6552, obtained the following summation of information from FINRA's website under “Disciplinary and Other FINRA Actions, February, 2015.” Brian Lewis Pittman (CRD #2963196, Naples, Florida) was assessed a deferred fine of $7,500 and suspended by FINRA for four months for allegedly participating in private securities transactions, specifically the sale of […]

Patrick Richard Harrison (CRD #4976695, Fircrest, Washington) was barred by FINRA for allegedly participating in a series of private securities transactions by introducing two senior investors to an individual who purported to sell the investors discounted shares in a publically traded regional bank without providing prior notice to his member firm. FINRA's findings stated that […]

Radcliffe Robert Daly (CRD #4663605, Granger, Indiana) was assessed a deferred fine of $15,000 and suspended by FINRA for nine months for allegedly mismarking order tickets for solicited transactions as "unsolicited." FINRA's findings stated that Daly recommended a penny stock to many clients and continued to solicit purchases of the stock and marked the trades […]

Donald L. Bratten (CRD #1904756, North Platte, Nebraska) was assessed a deferred fine of $10,000 and suspended by FINRA member for four months for allegedly participating in a private securities transaction without providing prior written notice to or obtaining approval from his member firm. FINRA's findings stated that Bratten solicited two firm clients to invest […]

Florida-based Soreide Law Group has obtained the following summation of information from FINRA's Website under "Disciplinary and Other Actions, January, 2015." Marc Halan Baldinger (CRD #1942349, Jensen Beach, Florida) was assessed a deferred fine of $10,000, suspended by FINRA for 18 months and ordered to pay $233,000, plus interest, in disgorgement of selling compensation. Allegedly […]

David Philip Morabito (CRD #2799155, Mineola, New York) was suspended by FINRA for six months for allegedly participating in private securities transactions with a private investment company and not providing notice of the transactions to his member firm, or obtaining written approval prior to participating in the transactions. FINRA's findings stated that Morabito recommended firm […]