New Jersey Bars Robert Merlo For Fraud Conviction New Jersey Bureau of Securities barred prior Allstate Financial Services securities broker Robert Merlo (CRD#: 1608409, Midland Park, New Jersey) for theft and fraudulent practices. Not only that, but Financial Industry Regulatory Authority (“FINRA”) also barred Merlo from the securities industry. Here’s a closer look at the […]

Cantone Research CEO Anthony Cantone Willfully Defrauded Investors, FINRA Finds Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) reports alarming issues concerning Cantone Research CEO Anthony Cantone [CRD#: 1066139, Eatontown, New Jersey]. Not only has FINRA suspended the securities broker for committing securities fraud, but 5 clients brought disputes against him. Mainly, these disclosures suggest […]

Jury Finds Donald Fowler Liable For Fraud Soreide Law Group is investigating potential investor claims against Donald Joseph Fowler [CRD#: 4989632, Rockville Centre, New York]. Notably, on February 25, 2020, in a civil action brought by the Securities and Exchange Commission (“SEC”) against Fowler in the U.S. District Court for the Southern District of New […]

Suffer Investment Losses From CHRISTOPHER TOLMACS? Soreide Law Group is evaluating possible investor claims against Triad Advisors securities broker Christopher Tolmacs (CRD#: 4648724, Portage, Michigan). It appears from Tolmacs’ Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report that he may have sold inappropriate and unsuitable alternative investments to clients. Furthermore, Tolmacs discloses three regulatory actions, one […]

NICOLAS BARRIOS Expelled By FINRA The Financial Industry Regulatory Authority (“FINRA”) announced it expelled UBS Financial Services Inc. securities broker Nicolas Barrios (CRD#: 2122824, Winter Haven, Florida). Evidently, Barrios – who worked for UBS as a Production Branch Manager from November 14, 2008 to May 15, 2019 – consented to the sanction of a bar […]

JAY AMBROSON Investor Complaints? The Financial industry Regulatory Authority (“FINRA”) BrokerCheck shows that investors disputed the sales practices of Gould, Ambroson & Associates President, Jay Ambroson (CRD#: 859012, Garden City, New York), whom the firm disaffiliated with in July 2018. Evidently, from June 1, 2018 to May 21, 2019, at least eight clients of his […]

PETER MALIS Sell You Unsuitable Investments? Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) shows that investors disputed the sales practices of Wells Fargo Clearing Services, LLC financial advisor Peter Malis (CRD#: 317892, Woodland Hills, California). Apparently, Malis, who has been registered through Wells Fargo Clearing Services, LLC since July 1, 2003, reports five client […]

Next Financial Group’s Mark Lee Tevebaugh Allegedly Sold Bad Investments Mark Lee Tevebaugh (CRD#: 1567001, Indian Harbour Beach, Florida) is a general securities representative for Next Financial Group, Inc. According to person’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report, four customers have alleged that he engaged in sales practice violations. Check out the following summary […]

RALPH WILLARD SAVOIE (RALPH SAVOIE) CRD#: 411660, a 71 year-old former financial advisor, was sentenced to 14 years in prison after he admitted to stealing up to $1.5 million from his clients.  According to news reports, Savoie, pleaded guilty in March to wire fraud.  Savoie must also serve three years of supervised release, forfeit $1.1 […]