Soreide Law Group is investigating possible investor claims against securities broker Alicia Myrthala Hinojosa Gutierrez (CRD: 2964653, New York, New York). Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that one or more investors disputed the sales practices of the securities broker, who worked for Merrill Lynch Pierce Fenner Smith Incorporated. Here is a brief […]

Soreide Law Group is investigating possible investor claims against securities broker Alexander Steven Batt [CRD#: 2967019, Vero Beach, Florida]. Specifically, FINRA BrokerCheck discloses that investors disputed the sales practices of the securities broker. Evidently, he worked for Merrill Lynch Pierce Fenner Smith Incorporated. Supposedly, one or more clients allege sales practice violations in these disputes. […]

This information appeared on FINRA’s website under “Disciplinary and Other FINRA Actions, June, 2013.” Timothy Joseph Golonka (CRD #1792138, Registered Representative, Collegeville, Pennsylvania) was fined $20,000 and suspended from association with any FINRA member in any capacity for 18 months. The NAC imposed the sanctions following appeal of an OHO decision. The sanctions were based […]

FINRA, the Financial Industry Regulatory Authority announced that it fined two firms $2.15 million and ordered the firms to pay more than $3 million in restitution to customers for losses incurred from unsuitable sales of floating-rate bank loan funds. Floating-rate bank loan funds are mutual funds that generally invest in a portfolio of secured senior […]

Currently, the Soreide Law Group is investigating the Mariner Access Fund and Mariner 2X Access Fund which were sold by Merrill Lynch Pierce, Fenner & Smith, Inc. Merrill Lynch raised hundreds of millions of dollars from investors in private sales to its clients. Investors in these funds have experienced huge losses in their investments, in […]

Soreide Law Group, Securities Arbitration Law Firm (888) 760-6552, recently obtained this information from the FINRA website under “Disciplinary and Other FINRA Actions, March, 2013.” Paul Grover Gomez (CRD #702551, Registered Representative, El Toro, California) was fined $75,000 and suspended from association with any FINRA member in any capacity for three months. Without admitting or […]

The following information is from FINRA’s website under “Disciplinary Actions, April, 2012:”   Banc of America Investment Services, Inc. dba Merrill Lynch, Pierce, Fenner & Smith Incorporated (CRD #7691, New York, New York)  submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $55,000. The firm has already paid […]

In an article for InvestmentNews.com, November 9th., 2011, Mark Schoeff Jr. writes that the Securities and Exchange Commission (SEC) engaged in an unprecedented crackdown on investment advisers over the last year, contributing to an overall surge in agency enforcement. The SEC announced that it filed 146 enforcement actions against investment advisers and investment companies during the […]