The Soreide Law Group (888-760-6552) obtained the following information on FINRA's website under, "Disciplinary and Other FINRA Actions March 2016." Global Arena Capital Corp (CRD® #16871, New York, New York) was expelled from FINRA membership, fined $1 million and ordered to disgorge $333,083.26, plus interest. FINRA's sanctions were based on findings that Global Arena Capital […]

Soreide Law Group, based in Pompano Beach, Florida (888) 760-6552, obtained the following summation of information from FINRA’s website, under “Disciplinary and Other FINRA Actions, April 2015.” Wendy Ann Wurst (CRD #1902879, Atlantis, Florida) AKA/ WENDY ANN MINERD, WENDY A MINERO, WENDY ANN MINERO was assessed a deferred fine of $50,000, suspended by FINRA for […]

The Financial Industry Regulatory Authority (FINRA) announced that it has fined Berthel Fisher & Company Financial Services, Inc. and its affiliate, Securities Management & Research, Inc., of Marion, Iowa, a combined total of $775,000. This fine was for supervisory deficiencies, which included Berthel Fisher's failure to supervise the sale of non-traded real estate investment trusts […]

The Fort Lauderdale-based, Soreide Law Group, (888) 760-6552, obtained this summation of the following information from FINRA’s website under “Disciplinary and Other FINRA Actions, April, 2014.” Timothy Burke Ruggiero (CRD #2119642, Registered Principal, Plantation, Florida) was barred by FINRA for allegedly engaging in intentional stock price manipulation. FINRA's findings stated that Ruggiero not only allegedly […]

Soreide Law Group, at (888) 760-6552, has obtained this summation of information from FINRA’s website listed as “Disciplinary and Other FINRA Actions, February, 2014.” Charles William Doller III (CRD #2389795, Registered Principal, Yorktown Heights, New York) was fined $20,000 and suspended for two years by FINRA for allegedly failing to supervise a broker engaged in […]

FINRA lists the following on their website under “Disciplinary and Other FINRA Actions, October, 2013.” Robert Noonan Drake (CRD #1213804, Registered Principal, Lakeville, Connecticut) was fined $5,000 and barred from association with any FINRA member in any principal or supervisory capacity. The National Adjudicatory Council (NAC) imposed the sanctions following appeal of an Office of […]

FINRA lists the following on their website under “Disciplinary and Other FINRA Actions, October, 2013.” Robert Noonan Drake (CRD #1213804, Registered Principal, Lakeville, Connecticut) was fined $5,000 and barred from association with any FINRA member in any principal or supervisory capacity. The National Adjudicatory Council (NAC) imposed the sanctions following appeal of an Office of […]

The Financial Industry Regulatory Authority (FINRA) has fined StateTrust Investments Inc., Miami, FL, over $1 million and firm’s broker, Jose Luis Turnes, was fined $75,000 and suspended for six months as a result of a FINRA investigation into the company exaggerating the markups and markdowns on corporate bonds and in 85 instances, the company misled […]

This information was obtained on FINRA’s website under “Disciplinary and Other FINRA Actions, June, 2013.” Michael Antonio Zurita (CRD #1659844, Registered Principal, Orlando, Florida) was suspended from association with any FINRA member in any principal capacity for six months. In light of Zurita’s financial status, no monetary sanction was imposed. Without admitting or denying the […]