ROBERT NICHOLAS KORZIK (BOB KORZIK, ROBERT N KORZIK) CRD#: 1013350 was suspended by the Financial Industry Regulatory Authority (FINRA) for nine months from association with any FINRA member in all capacities and was fined $8,500. Korzik allegedly invested approximately $550,000 of his clients’ money in his acquaintance’s energy firm without Ameriprise’s approval. This violated FINRA […]

Soreide Law Group (888-760-6552) obtained the following information on FINRA’s website listed under, “Disciplinary and Other FINRA Actions, April 2016.” William Wesley Marshall (CRD #3267723, Frisco, Texas) was fined $10,000 and suspended by FINRA for 15 months for allegedly participating in the sale of $1.72 million of privately-issued preferred stock without having provided prior written […]

Randall A. Samson (CRD #2691518, Manteca, California) was barred by FINRA for allegedly converting $10,000 from the 401(k) account of an employee, who was also a client, of his member firm. FINRA's findings stated that Samson, without the individual’s knowledge or consent, used his position as the plan’s trustee to complete a $10,000 distribution from […]

On July 31, 2014, former Ameriprise Financial Services financial advisor, Michelle Lee Kern, 36, of Sacramento, CA, was sentenced to 46 months in prison and ordered to pay $642,625 in restitution for financial advisor fraud. Michele Kern was a licensed financial advisor with Ameriprise Financial Services Inc. in Roseville, CA, from 2009 through December 2012, […]

The following information appeared on FINRA’s website under “Disciplinary and Other FINRA Actions, June, 2013.” James Merle Culbertson (CRD #1716829, Registered Representative, Oakdale, Minnesota) was fined $20,000 and suspended from association with any FINRA member in any capacity for 12 months. Without admitting or denying the findings, Culbertson consented to the described sanctions and to […]