Sean Anthony Spearman (CRD #2945116, Redondo Beach, California) was barred by FINRA member and ordered to disgorge unlawful profits of $66,771 for allegedly liquidating a position held by a client of his member firm to meet margin requirements; but instead of selling the shares to the market and maximizing the return to his client, Spearman […]

With the stock market crash of 2008-2009 there has been an onslaught of investors filing lawsuits against their stock brokers and brokerage firms for providing them with unsuitable advice. There is a direct inverse correlation with stock index averages and new case filings. In other words, in a down market more cases are filed. Many […]