Investors Indicate Alternative Investments Misrepresented Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations of sales practice violations by securities broker Ray Gene Reese (CRD#: 1694620, Farmington, Missouri). Namely, five or more investors brought investment disputes to recover losses supposedly caused by Reese, who has worked for Money Concepts Capital Corp since 1997. Here’s more on […]

Did Your Financial Advisor Recommend Watermark Lodging Trust (WLT)? Soreide Law Group is reviewing possible investor lawsuits against financial advisors and securities brokers who may have recommended Watermark Lodging Trust Inc. Namely, Watermark Lodging Trust suspended dividends, suspended its redemption program, and is trading in the secondary market for a fraction of its offering price. […]

Broker Joshua Turney Is Expelled By SEC, FINRA Investor Alert! The Securities and Exchange Commission (SEC) is the latest regulator to bar securities broker Joshua W. Turney (CRD#: 4510219, San Diego, California), who most recently worked for Global Arena Capital Corp. Also, 11 of Turney’s clients contested his sales practices. Here’s more on the incidents […]

FSC Securities Clients Take Aim At Frank Briseno For Bad REITs FINRA discloses troubling information in regard to securities broker Frank Briseno (CRD#: 1177246, Metairie, Louisiana). Notably, the regulator indicates that Briseno has been targeted by at least three investors in disputes about his sales practices. It seems that Briseno might have caused clients' losses […]

Broker Rich Coleman Suspended By FINRA Again Soreide Law Group is examining whether to bring investor lawsuits against securities broker Richard James Coleman (CRD#: 2720422, Melville, New York). Specifically, Coleman is presently under a FINRA suspension for not paying a FINRA Arbitration Award. Not only that, but FINRA issued him a hefty two-year suspension along […]

Clients Of UBS Indicate Fred Kort Sold Unsuitable, Misrepresented Investments The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations of misconduct by securities broker Frederick Maximilian Kort (CRD#: 5376727, Chicago, Illinois). Notably, four investors brought complaints or lawsuits about the securities broker, who worked for UBS Financial Services between August 2007 and May 2018 at […]

Title goes here The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations of misconduct by securities broker Mark Boucher (CRD#: 2187695, Carlsbad, California). Namely, on Boucher’s FINRA BrokerCheck report, there are two investor disputes indicating that he did something really bad. We can also see that two investment firms disaffiliated with him on bad terms. […]

Salomon Whitney Broker Chris Fernan Allegedly Breached Fiduciary Duty, Sold Unsuitable Investments Investor Alert! The Financial industry Regulatory Authority (“FINRA”) reports alarming information about securities broker Chris Anthony Fernan (CRD#: 5896584, Melville, New York). Apparently, a large number of clients filed disputes about the securities broker, who worked for Salomon Whitney Financial (“SW Financial”) from […]

Morgan Stanley Customers Dispute Broker David Kraft's Sales Practices Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) discloses troubling updates regarding securities broker David Kraft (CRD#: 2356400, Palm Beach Gardens, Florida). Evidently, at least five investors filed disputes regarding the sales practices of the securities broker, who worked for Morgan Stanley between 2012 and 2019. […]