Investors File Claims About Jon Freeze, Alternative Investment Holdings Soreide Law Group is investigating potential investor claims of sales practice violations by securities broker Jonathan “Jon” Douglas Freeze [CRD#: 2642023, Canonsburg, Pennsylvania]. Notably, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck reports that since 2017, no less than nine clients contested the securities recommendations or sales of […]

Morgan Stanley's Michael Paesano Allegedly Gave Bad Advice To Clients Soreide Law Group is investigating potential investor claims of sales practice violations by broker Michael Paesano [CRD#: 1557229, New York, New York]. Notably, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck reports that approximately 21 clients disputed the securities broker, who worked with Morgan Stanley from May […]

BRENDA SMITH Barred By FINRA The Financial Industry Regulatory Authority (“FINRA”) announced that it barred CV Brokerage Inc. financial and operations principal and securities broker Brenda Smith (CRD#: 4348518, West Conshohocken, Pennsylvania). Apparently, Smith, whom CV  Brokerage Inc. disaffiliated with June 14, 2019, executed a Letter of Acceptance, Wavier and Consent (the “AWC”) #: 2017052325901 […]

JEFFREY SCHWEBACH Suspended By FINRA The Financial Industry Regulatory Authority (“FINRA”) announced that it issued Independent Financial Group (“IFG”) broker Jeffrey Schwebach (CRD#: 1606537, Dell Rapids, SD) an 8 month suspension for selling away (engaging in securities transactions outside the scope of the broker’s employment). Notably, Schwebach submitted a Letter of Acceptance, Waiver, and Consent […]

ATTENTION INVESTORS: FINRA Suspends Foresters Equity Services’ John Ernst For Woodbridge Notes Sales The Financial Industry Regulatory Authority (“FINRA”) imposed a suspension and $5,000 fine against Foresters Equity Services broker John Ernst (CRD#: 1958252, San Diego, California) for selling away. Specifically, Ernst submitted a Letter of Acceptance, Waiver and Consent #: 2018057754401 on March 12, […]

Soreide Law Group, based in Pompano Beach, Florida, obtained the following information from FINRA’s Disciplinary Report March 2019 on former Newbridge Securities of Boca Raton, broker: Dennis Allen Hayes (CRD #4403550) was named a respondent in a FINRA complaint alleging that, without providing his member firm prior written notice, he participated in private securities transactions […]

DENNIS ALLEN HAYES CRD#: 4403550, a broker formerly with Newbridge Securities of Boca Raton, Florida, had a complaint filed against him on January 11, 2019 by FINRA’s Department of Enforcement for alleged “selling away.” According to FINRA, between March 2010 and June 2016 while he was associated with Newbridge Securities Corporation in Boca Raton, FL, […]