INVESTOR ALERT: Unsuitability Claims Against UBS Broker WILLIAM HOBBY William David Hobby (CRD#: 2240076, Atlanta, Georgia) was a UBS Financial Services Inc. general securities broker and financial advisor from June 15, 2012 to October 9, 2018. Evidently, UBS recently discharged Hobby for discretionary trading in client accounts without their written authorization. Worse yet, according to […]

ATTENTION INVESTORS: Customer Claim Against Boca Raton, FL Broker BRETT ELLIS Brett David Ellis (CRD#: 5293493, Boca Raton, Florida) is a GMS Group, LLC financial advisor or broker. The Financial Industry Regulatory Authority (“FINRA”) shows that Ellis joined The GMS Group’s Boca Raton, Florida offices on May 2, 2007. Investors should take caution if dealing […]

Customers Allege Bad Sales Practices By Merrill Lynch Broker JUAN BARRERAS Juan Guillermo Herrans Barreras (CRD#: 1742910, Miami, Florida) is a financial advisor at Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”). Mainly, the advisor, who has been registered with the firm since June 21, 2010, has some alarming disclosures on his FINRA BrokerCheck […]

FINRA Bars Craig Scott Broker Edward Beyn For Excessive Trading, Churning Edward Beyn (CRD#: 5406273, Syosset, New York) is an ex Craig Scott Capital securities broker who FINRA barred from the securities industry. Specifically, on January 29, 2019, National Adjudicatory Council (“NAC”) issued a Decision in Matter #2015044823501, affirming a July 31, 2017 Extended Hearing […]

ATTENTION INVESTORS! Claims Against UBS Financial Services Broker ANGEL CANABAL UBS Financial Services broker and supervisor Angel Manuel Canabal Sr. (CRD#: 2180310, Mayaguez, Puerto Rico), who has been registered with the firm since February 2, 1998, reported through Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that at least 84 of his customers at UBS Financial Services […]

FINRA Fines, Censures Parkland Securities For Failure To Supervise Non-Traditional ETFs The Financial Industry Regulatory Authority (“FINRA”) sanctioned Parkland Securities LLC (CRD#: 115368, Ann Arbor, Michigan) on March 7, 2019 for insufficient supervision. Evidently, the firm submitted a Letter of Acceptance, Waiver and Consent #2016052300601 on February 27, 2019, agreeing to a censure and $20,000.00 […]

Customer Complaints Against Merrill Lynch Brokers Ryan Marchi, Tariq Laliwala, William Kablack Merrill Lynch (CRD#: 7691, New York, New York) is a FINRA-regulated brokerage firm and SEC-regulated investment adviser. Notably, Merrill Lynch has been involved in at least 870 customer investment arbitrations resulting in the firm paying a large number of customers compensation for its […]

Suffered Losses From Morgan Stanley Broker Kirk J. Gill? Morgan Stanley Smith Barney broker Kirk J. Gill (CRD#: 2291503, Tucson, Arizona) reported a FINRA Arbitration #19-00122 from January 11, 2019 concerning his possible unsuitable sales practices. Apparently, Gill or the firm put the Morgan Stanley customer in inappropriate energy stocks between 2011 and 2016. Moreover, […]

Soreide Law Group Investigating The Parking REIT Soreide Law Group is evaluating possible claims against brokers or advisers for selling investors a risky investment, The Parking REIT, Inc. (Las Vegas, Nevada) - a publicly registered, non-listed real estate investment trust (REIT). Evidently, The Parking REIT, managed by MVP Realty Advisors, LLC, has declared in March […]