Ralph Oelbermann (CRD# 1962900) an investment advisor and broker from Palm Beach Gardens, Florida, was fined $110,000 by state regulators and barred by the Florida Office of Financial Regulation (OFR) from working in Florida's financial industry. Oelbermann was previously registered at LPL Financial and J.W. Cole Financial, both of Palm Beach Gardens. It was reported […]

The Fort Lauderdale-based, Soreide Law Group, obtained the following summary of information from FINRA’s website under “Disciplinary and Other FINRA Actions, October, 2014.” Ane S. Plate (CRD #1977401, Deland, Florida) was barred by FINRA for an alleged 15 unauthorized trades in a client’s firm account, resulting in the cash proceeds of $176,080. FINRA's findings stated […]

This summation of information is available on FINRA's website under “Disciplinary and Other FINRA Actions, May, 2014.” Steven Foreman Kahn (CRD #1001362, Buffalo Grove, Illinois) was fined $10,000 and suspended by FINRA for 20 business days. Allegedly, Kahn effected transactions in a cclient’s account without first obtaining the client’s authorization. FINRA's findings stated that the […]

Soreide Law Group, (888) 760-6552, obtained this summation of information from FINRA’s website under “Disciplinary and Other FINRA Actions, February, 2014.” Charles William Apodaca (CRD #1604427, Registered Principal, Eagle, Idaho) has been barred by FINRA after consenting to the sanction that he effected the purchases of securities in customers' accounts without receiving the authorization by […]

Soreide Law Group, a Securities Arbitration Law Firm, (888) 760-6552, obtained the following information on FINRA’s website under “Disciplinary and Other FINRA Actions, July, 2013.” Alan Jay Davidofsky (CRD #1389312, Registered Representative, Delray Beach, Florida) was fined $11,741.78, plus interest, which represents disgorgement, and barred from association with any FINRA member in any capacity. The […]

Milton Charles Ault III (CRD #2157788, Registered Principal, Fountain Valley, California) was fined $75,000, he was suspended from association with any FINRA member in any capacity for two years and Ault was ordered to pay $312,916.06, plus interest, in restitution to investors. This fine must be paid either immediately upon Ault’s reassociation with a FINRA […]

  Alan Jay Davidofsky (CRD #1389312, Registered Representative, Delray Beach, Florida) has been fined by FINRA in the amount of $11,741.78, which represents disgorgement, and he has been barred from association with any FINRA member in any capacity. These sanctions were based on the findings that Davidofsky made unauthorized transactions in his customer’s account, controlled the customer’s […]