Barred Broker Bob Boyer Involved In MML Investor Disputes The Financial Industry Regulatory Authority (FINRA) contains important disclosures in regard to securities broker Robert Joseph Boyer (“Bob Boyer”) (CRD#: 5787312, Wayne, Pennsylvania). Evidently, Boyer worked for securities firms MSI Financial Services Inc. (2012 to 2017), MML Investors Services LLC (2017 to 2020), and J. Alden […]

Broker Wes Patterson Gets Suspended By FINRA For Selling Away The Financial Industry Regulatory Authority (FINRA) reportedly suspended securities broker Micah Wesley Patterson (“Wes Patterson”) (CRD#: 5562392, Layton, Utah), who worked for securities firms Northwestern Mutual Investment Services, MML Investors Services LLC (2014 to 2017), and most recently, Hornor Townsend Kent LLC (2017 to 2020). […]

Richard Hughes, a former Wells Fargo advisor, has been suspended for 8 months and fined $10,000 by the Financial Industry Regulatory Authority, Inc. (FINRA). Allegedly, Hughes made unsuitable recommendations in unit investment trusts (UITs) and attempted to get a client to make false statements about commissions, according to a letter of acceptance, waiver and consent […]

Soreide Law Group has filed a FINRA arbitration on behalf of their client (Claimant) against the firm: CAPITAL FINANCIAL SERVICES, INC. (Respondent) The Claimant is retired, in his 70s, and living in Maryland. The lawsuit alleges that the Claimant was looking for safe and secure retirement income and sought the advice of CAPITAL FINANCIAL broker, […]

Florida-based Soreide Law Group obtained the following on from FINRA’s April 2018 Disciplinary Report on Florida broker: JODIE ANN LAMARRE (JODIE ANN GINGERICH, JODIE ANN LAMARRE MS) (CRD #2127928, Sarasota, Florida) LaMarre was assessed a deferred fine of $10,000 and suspended by FINRA for one year for allegedly recommending an unsuitable strategy involving the consolidation […]

Soreide Law Group obtained the following information from FINRA’s Disciplinary Report January 2018:  Timothy Thomas Gibbons (CRD #219872, New Orleans, Louisiana) was issued a deferred fine of $20,000, suspended from association with any FINRA member in all capacities for 18 months, and ordered to pay deferred partial restitution of $716,749.78, plus interest, to clients for […]

Unfortunately, Soreide Law Group continues to see the egregious misconduct by licensed broker/dealers taking advantage of their elderly clients.  This incredibly shocking behavior appears often in FINRA’s monthly Disciplinary Report.  It is important to shed light on this misconduct and make elderly clients and their family members aware of broker elder abuse. It is essential […]

KYUSUN KIM (also known as KYU SUN KIM, and Kenny Kim) CRD#: 2864085, has been barred FINRA from acting as a broker or otherwise associating with a broker-dealer firm on June 26, 2018, for allegedly making unsuitable recommendations to numerous senior clients, who were retiring or had retired, that they concentrate their retirement assets and […]

Soreide Law Group obtained the following information on FINRA’s November 2017 Disciplinary Report: Mark Sherman Perry (CRD #1219294, Mt. Pleasant, South Carolina) was suspended by FINRA for 18 months. Due to Perry’s financial status, no monetary sanction was imposed following allegations that Perry made unsuitable investment recommendations to four elderly, retired clients. FINRA’s findings stated […]