Disgraced Broker Paul Smith Involved In Investor Disputes Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations of sales practice violations by securities broker Paul W. Smith [CRD#: 1070735, Wayne, Pennsylvania]. Smith worked for Bolton Global Capital between 2007 and 2017. Namely, at least 17 investors disputed the sales practices of the securities […]

FINRA Bars Merrill Lynch's Jose 'Tomas' Giraldo Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) reports troubling information in regard to securities broker Jose "Tomas" Giraldo [CRD#: 5429476, Chula Vista, California]. Notably, FINRA barred the securities broker, who worked for Merrill Lynch from October 15, 2013 to April 6, 2018. Previously, Merrill Lynch disaffiliated with […]

Broker Benjamin Bourgeois Allegedly Converted Funds From LPL Financial Client Investor Alert! The Financial Industry Regulatory Authority ("FINRA") reports alarming allegations of improprieties by securities broker Benjamin Frank Bourgeois Jr. (CRD#: 2145555, Metairie, Louisiana). Notably, no less than 4 clients contested the securities recommendations or sales of the securities broker, who worked for Commonwealth Financial […]

Morgan Stanley's Barry Connell Allegedly Misappropriated Investor Funds Soreide Law Group is investigating potential investor claims against securities broker Barry Connell (CRD#: 3070984, Ridgewood, New Jersey). Notably, the Financial Industry Regulatory Authority (“FINRA”), who barred the broker, reports through BrokerCheck that a slew of clients filed disputes about him.  Mainly, these clients allege Connell’s misdeeds […]

FINRA Issues Indefinite Suspension To David Rockwell The Financial Industry Regulatory Authority (“FINRA”) reports that it indefinitely suspended David Rockwell (CRD#: 4236377, Fort Myers, Florida). It appears that Rockwell failed to respond to requests for information that FINRA made in 2019. BrokerCheck shows that his suspension started on December 16, 2019 and may convert to […]

Kentucky Department Of Financial Institutions Bars Edward Bosh Kentucky Department of Financial Institutions issued a Final Order barring LPL Financial securities broker and Independent Financial Partners ("IFP") Advisors representative Edward Bosch (CRD#: 1127469, Florence, Kentucky). The Order dated March 8, 2018 shows that Bosch admitted to improperly depositing his clients’ funds in his own account. […]

SEC Bars Raymond James Broker Joel Burstein The Securities and Exchange Commission (“SEC”) announced that it barred Raymond James securities broker Joel Burstein (CRD#: 3257591, Coral Gables, FL) on September 20, 2018. Evidently, SEC accepted Burstein’s Offer of Settlement and issued an Order under File #: 3-18804. The Order comes after SEC filed a Complaint […]

JAMES BOOTH Barred From Securities Industry Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) barred LPL Financial LLC securities broker James Booth (CRD#: 1906145, Norwalk, Connecticut) for conversion. Evidently, Booth executed a Letter of Acceptance, Waiver and Consent (“AWC”) #: 2019062787101 on June 26, 2019, which FINRA accepted July 1, 2019. This AWC contains findings […]

FINRA Expels HD Vest’s ERIN VERESPY For Declining To Testify About Misappropriation Allegations FINRA announced it has barred HD Vest Investment Services broker Erin Verespy (CRD#: 2727866, Trumbull, Connecticut). Verespy worked at HD Vest Investment Services from August 19, 1998 to March 27, 2019. Evidently, she submitted a Letter of Acceptance, Waiver and Consent (“AWC”) […]