On November 17, 2017, the Financial Industry Regulatory Authority (FINRA) fined former Morgan Stanley registered representative, TIMOTHY THOMAS GIBBONS (CRD#: 219872), $20,000, suspended him for 18 months, and required him to pay approximately $717,000 in restitution to five elderly clients. Gibbons allegedly over-concentrated the clients' accounts in a single high-risk energy sector security. According to […]

Soreide Law Group obtained the following information, which is available to the public, on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2017.” Mark Charles Koehler (CRD #2873947, Chadds Ford, Pennsylvania) was barred by FINRA for the alleged refusal to produce FINRA-requested information and documents after FINRA began an investigation following receipt of a […]

Soreide Law Group (888-760-6552) obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions January 2017.” Dougherty & Company LLC (CRD #7477, Minneapolis, Minnesota) was censured, fined $140,000 and required to pay $78,910 in restitution to an elderly client for allegedly, more than four years, not adequately supervising a representative who initiated […]

Soreide Law Group (888-760-6552) obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, January 2017.” Kevin Lawrence Barbalace (CRD #4456476, Baltimore, Maryland) was assessed a deferred fine of $5,000 and suspended by FINRA for three months for allegedly making unsuitable investment recommendations to a client, and exposing the client to a […]