Morgan Stanley's Michael Paesano Allegedly Gave Bad Advice To Clients Soreide Law Group is investigating potential investor claims of sales practice violations by broker Michael Paesano [CRD#: 1557229, New York, New York]. Notably, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck reports that approximately 21 clients disputed the securities broker, who worked with Morgan Stanley from May […]

ATTENTION INVESTORS: Customer Complaints Against Sagepoint Broker BRUCE SLATER Soreide Law Group is reviewing possible claims of unsuitability against Sagepoint Financial, Inc. securities broker Bruce Albert Slater (CRD#: 1547792, Northville, Michigan). Investors should take caution if investing with Slater because customers of Sagepoint and Transamerica Financial Advisors (Slater’s prior employer) filed disputes against him. For […]

There will be a major revamping of suitability mandates effective July 9, 2012, that has some in the broker-dealer world worried about much broader obligations to oversee customer accounts and investment strategies, writes Dan Jamieson in an article from InvestmentNews.com, July 5, 2012. There will be a rule which requires brokers to perform reasonable diligence on products, understand those […]