Broker Clifford Reid Allegedly Misrepresented Investments Soreide Law Group is looking into potential investor disputes against securities broker Clifford Reid [CRD#: 1905920, New York, New York]. Evidently, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck shows that at least 7 clients took issue with the securities broker, who started with Reid Rudiger in 1999. Notably, clients of […]

FINRA Bars Lisa Acca The Financial Industry Regulatory Authority (“FINRA”) announced August 8, 2019 that it barred Arive Capital Markets securities broker, Lisa Acca (CRD#: 4661358, Bay Ridge, New York) for stonewalling a FINRA investigation. Apparently, the investigation concerned Acca’s potential private securities transactions with an Arive client. Evidently, the general securities representative, who worked […]

ALAN NEW Charged In SEC Complaint Soreide Law Group is evaluating possible claims on behalf of investors who sustained losses from NYLife Securities LLC broker Alan New (CRD#: 2892508, Fort Wayne, Indiana). Notably, SEC filed a Complaint against New on December 17, 2018 in the United States District Court for the Southern District of Indiana […]

ProShares UltraShort 20+ Year Treasury (NYSEArca: TBT) Losses? Did your broker or advisor sell you ProShares UltraShort 20+ Year Treasury (NYSEArca: TBT). Apparently, TBT is a leveraged fund whose goal is to produce daily investment results of two times the inverse of the performance of the ICE U.S. Treasury 20+ Year Bond Index in one […]

ADAM BELARDINO Discharged By MassMutual MML Investors Services, LLC (“MassMutual”) disclosed through Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that it terminated securities broker Adam Belardino (CRD#: 5221927, Elmsford, New York). According to MassMutual, it discharged Belardino following an investigation into a client complaint. Notably, FINRA BrokerCheck shows that four investors took aim at Belardino’s sales […]

GREGORY WASHINGTON Churn Your Account? Have you invested with Spartan Capital Securities LLC securities broker Gregory Washington (CRD#: 5420613, New York, New York)? Notably, the Financial Industry Regulatory Authority (“FINRA”) shows that an investor disputed Gregory Washington’s sales practices. Allegedly, person churned accounts, made unauthorized and unsuitable trades, and misrepresented investments. Here is more about […]

JOHN HOAGLAND Allegedly Makes Unauthorized Trades Soreide Law Group is reviewing possible claims of sales practice violations against Morgan Stanley securities broker John Hoagland (CRD#: 247075, Troy, Michigan). Namely, Hoagland, who worked at Morgan Stanley from June 1, 2009 to January 18, 2018, reports on his Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report that three […]

Suffered Losses From AMERIPRISE FINANCIAL SERVICES, AFTAB AHMAD? Soreide Law Group is reviewing possible claims of unsuitability and misrepresentation against Ameriprise Financial Services, Inc. general securities representative Aftab Ahmad (CRD#: 3148243, Bethesda, Maryland). According to the FINRA BrokerCheck, at least one investor came forward with a complaint involving Ahmad. This raises allegations of Ahmad selling […]

Losses From HECTOR RIVERA, ORIENTAL FINANCIAL SERVICES? Hector Rivera (CRD#: 4826616, San Juan, Puerto Rico) is an Oriental Financial Services Corp. general securities representative. Evidently, Hector Rivera joined Oriental Financial Services in its San Juan, Puerto Rico offices on January 25, 2016. However, Rivera’s suspicious sales practices have become a cause of concern for investors. […]