Title goes here Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) shows that four or more investors disputed the sales practices of Darren Kubiak (CRD#: 1239086, Alpharetta, Georgia). Namely, clients indicate that the securities broker, who worked for Kalos Capital, Inc. from 2007 to 2019, acted negligently. Supposedly, Kubiak sold clients unsuitable investments and was […]

The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, October, 2013.” Michael Eugene French (CRD #819126, Registered Supervisor, Essex, Vermont) was fined $25,000 and suspended from association with any FINRA member in any capacity for three months. Without admitting or denying the findings, French consented to the described sanctions and to […]

The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, October, 2013.” Michael Eugene French (CRD #819126, Registered Supervisor, Essex, Vermont) was fined $25,000 and suspended from association with any FINRA member in any capacity for three months. Without admitting or denying the findings, French consented to the described sanctions and to […]

The exchange-traded funds (ETF) that use leverage to double and triple returns on stock market moves could cause the next big market crash, according to the Federal Reserve. In an article titled "Are Leveraged and Inverse ETFs the New Portfolio Insurers?" from the central bank stirred markets into wondering what would happen if the funds […]

The following information was obtained on FINRA’s website under “Disciplinary and Other FINRA Actions, July, 2013,” by Soreide Law Group, a Securities Arbitration Law Firm, (888) 760-6552. Edwin Efrain Mosquera (CRD #3049414, Registered Representative, Howard Beach, New York) was barred from association with any FINRA member in any capacity. In light of Mosquera’s financial status, […]

Soreide Law Group is investigating claims on behalf of Wells Fargo Advisors, LLC, investors that suffered losses in inverse and leveraged ETFs (Exchange Traded Funds) with former Wells Fargo broker and branch manager, Michael E. French, in Colchester, Vermont. According to Mr. French's CRD, he was discharged in August, 2011, for violating firm policy by […]

Nicholas Rowe and his firm, Focus Capital Wealth Management, Inc. of Bedford, New Hampshire, were found liable in a case alleging negligence, civil fraud, and other misdeeds, involving the sale of risky ETFs (Exchange Traded Funds) to nine investors, according to a ruling by a Financial Industry Regulatory Authority (FINRA) arbitration panel. Some of these […]

Soreide Law Group, PLLC, is currently investigating the marketing and sales of non-traditional exchange traded funds (ETFs) to investors. Many of the country's leading banks – including Citigroup, Morgan Stanley, UBS and Wells Fargo – were recently sanctioned by the Financial Industry Regulatory Authority (FINRA) for more than $9.1 million over their failure to supervise […]

In a recent Reuters article, they write that FINRA, or The Financial Industry Regulatory Authority, is examining major brokerages regarding potential conflicts of interest and financial incentives associated with the sale of complex securities, said the Wall Street regulator's chief. Richard Ketchum, FINRA's chairman and chief executive, said that FINRA is looking "very closely" at […]