Soreide Law Group, conveniently based in South Florida, is investigating Delray Beach, Florida broker: JEFFREY JOSEPH DRAPALA CRD#: 1674124 Drapala was named in a FINRA customer dispute.  According to Jeffrey Drapala’s BrokerCheck, there were allegations of:  Breach of Contract, Negligence, Suitability, Failure to Supervise. Drapala has been in the securities industry for 21 years and […]

The Soreide Law Group, (888) 760-6552, recently obtained the following information from FINRA's website under “Disciplinary and Other FINRA Actions, March 2016.” JAMES W. ANDERSON (CRD #1060765, Anthem, Arizona) Alternate Names: JIM ANDERSON was assessed a deferred fine of $15,000 and suspended by FINRA for 15 months for allegedly failing to appropriately supervise the sales […]

PATRICIA S. MILLER (CRD# 2302464) formerly registered representative with Investors Capital in McMurry, Pennsylvania, a branch of Massachusetts-based Investors Capital Corporation, was arrested and charged with wire fraud. Several of her clients claim she allegedly misappropriated their investments worth hundreds of thousands of dollars. According to the court records, Miller attempted suicide and was slumped […]

Gary Lane, a Reno financial advisor, appeared in court recently due to investment fraud charges after being charged with 12 counts of mail fraud and five counts of attempt to evade or defeat taxes. He's alleged to have defrauded six people of more than $2 million while working at Bank of America and allegedly filed […]

Bruce Kelly writes in a Sept. 13th, 2011, article in InvestmentNews.com that a broker-dealer who sold millions of dollars of failed private placements reached a $200,000 settlement with the Financial Industry Regulatory Authority Inc. last month, with the money going to the investors. In a Finra letter of acceptance, waiver and consent, Capital Financial Services Inc. of Minot, […]