The following information has been obtained on FINRA’s website under “Disciplinary and Other FINRA Actions, September, 2013.” Richard D. Mellema (CRD #4592368, Registered Principal, Grandville, Michigan) was fined $15,000, suspended from association with any FINRA member in any capacity for 30 business days and suspended from association with any FINRA member in any principal capacity […]

Lars K. Soreide, of Soreide Law Group, a securities arbitration law firm based out of Fort Lauderdale, representing investors Nationwide before FINRA, had clients who were recently awarded approximately $560,626.00 in a FINRA arbitration against John Michael Greer, Sr., for his role in the sale of the Church Mortgage and Loan bond to a retired […]

In a February 17th., 2012, article for InvestmentNews.com, Bruce Kelly writes that a broker formally affiliated with Morgan Stanley Smith Barney LLC, Berthel Fisher & Co. Financial Services Inc. and LPL Financial LLC was arrested in Oregon this month for allegedly stealing $584,000 from three investors. The now ex-broker, James Scott McKee, was charged Feb. 9 […]