Broker Ed Matthes Reportedly Pleads Guilty To Wire Fraud The investment loss recovery team at Soreide Law Group brings you this Investor Alert in regard to barred securities broker Edward “Ed” Earl Matthes (CRD#: 2788055, Oconomowoc, Wisconsin). Evidently, Matthes worked for securities firms including Thrivent Investment Management and Mutual of Omaha Investor Services. Notably, Matthes […]

The Financial Industry Regulatory Authority (FINRA) barred Matthew R. Quinn (CRD# 4478751) for alleged theft from elderly clients. FINRA reported that allegedly Quinn withdrew the funds from the accounts of elderly bank clients while he was working at Fifth Third, Cincinnati, Ohio. He also worked as a teller there. Quinn refused to cooperate with FINRA […]

ROBERT J. HEAD (CRD# 240935) has been permanently barred by the Financial Industry Regulatory Authority (FINRA) from acting as a broker or otherwise associating with firms that sell securities to the public. FINRA reports that allegedly from August 2008 until October 2013, Head who was managing a Stifel Nicolaus trust account for a client, exercised […]

With the growing number of our citizens reaching 60 or above, we are also seeing a growing number of victims of investment fraud in this age group. In fact, people over the age of 60 account for over thirty percent of investment fraud victims. Most seniors are living on a fixed income. These investment losses […]

RALPH H. LORD (CRD# 312708), a stock broker and former investment advisor from Flowood, Mississippi, was fined by the Mississippi Secretary of State for allegedly advising a now-deceased Greenville, Mississippi woman to buy into a risky company. The investigation revealed that in 2003 - 2004, Lord allegedly sold a 90 year-old woman, $230,000 in debt […]

Soreide Law Group, (888) 760-6552, has obtained this summation of information from FINRA’s website under “Disciplinary and Other FINRA Actions, April, 2014.” William Bradford Coolidge (CRD #1636957, Registered Representative, Cordova, Tennessee) was barred by FINRA for allegedly effecting trades in elderly clients’ accounts without written authorization or his firm’s acceptance of their accounts as discretionary. […]

The following summation was obtained on the FINRA website. This information can be found under, "Disciplinary and Other FINRA Actions, January, 2014." Jose Jesus Martinez Jr. (CRD #5590432, Registered Representative, Glendale, Arizona) Martinez has been barred by FINRA. Allegedly when an elderly customer left his bank card on Marinez's desk, he kept the card and […]

On December 3rd., 2013, two brokers, Fernando L. Arevalo and Jimmy E. Caballero, were barred by the Financial Industry Regulatory Authority (FINRA), for taking $300,000 from an elderly widow with diminished mental capacity, and they did not cooperate with FINRA's investigation. They were employed as brokers with JPMorgan Chase Securities, LLC. JPMorgan not a party […]

On December 3rd., 2013, two brokers, Fernando L. Arevalo and Jimmy E. Caballero, were barred by the Financial Industry Regulatory Authority (FINRA), for taking $300,000 from an elderly widow with diminished mental capacity, and they did not cooperate with FINRA's investigation. They were employed as brokers with JPMorgan Chase Securities, LLC. JPMorgan not a party […]