SEC Bars Raymond James's Joel Burstein Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) reports troubling information in regard to securities broker Joel Burstein [CRD#: 3257591, Coral Gables, Florida]. Not only has the Securities and Exchange Commission (“SEC”) barred Burstein for allegedly helping to misappropriate client funds, but at least 7 clients took issue with […]

FINRA Suspends Raymond James Broker Michael Hurtgen For Selling Away Investor Alert! Evidently, the Financial Industry Regulatory Authority (“FINRA”) and Wisconsin Office of Commissioner of Insurance have sanctioned securities broker Michael Hurtgen (CRD#: 1742647, Greenwood Village, Colorado). Allegedly, the broker, who worked for Raymond James from 2009 to 2016, engaged in unauthorized private placement activities. […]

Did Debra Lambert Excessively Trade Your Account? The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations against Raymond James and Merrill Lynch securities broker Debra Lambert (CRD#: 2238553, The Villages, Florida). Notably, at least 1 Raymond James client and 2 Merrill Lynch clients filed disputes contesting Lambert’s sales practices. Here’s a summary of the allegations […]

SEC Bars Raymond James Broker Joel Burstein The Securities and Exchange Commission (“SEC”) announced that it barred Raymond James securities broker Joel Burstein (CRD#: 3257591, Coral Gables, FL) on September 20, 2018. Evidently, SEC accepted Burstein’s Offer of Settlement and issued an Order under File #: 3-18804. The Order comes after SEC filed a Complaint […]

INVESTOR ALERT: Unsuitability Claim Against Raymond James Broker JORGE RODRIGUEZ Jorge Luis Rodriguez (CRD#: 1163742, Coral Cables, Florida) is a prior Raymond James financial consultant or broker who has apparently made problematic investment recommendations to customers concerning Puerto Rico securities. Namely, at least eleven customers brought disputes involving Rodriguez’s potentially unsuitable, unreasonable and unwarranted investment […]

Raymond James & Associates Subject Of Customers’ Fraud Allegations Soreide Law Group is investigating claims on behalf of those who invested with Raymond James registered representatives including Jonathan Towne Melges, Philip Thomas Maurer, Mark David Kopkin, Eric Paul Frey and Clay Cale Rucker. Raymond James & Associates, Inc. (CRD#: 705, Saint Petersburg, Florida) is a […]

Raymond James Sued George Edward Mathis (CRD #4271854, The Villages, Florida) has been a registered representative of Raymond James & Associates, Inc. since November 18, 2011. His activities between January 24, 2014 and September 30, 2016 – a time he was employed by Raymond James – resulted in a customer-initiated investment-related arbitration dated May 2, […]

Raymond James Settles Customer Arbitration for broker Mitchell Silverman Mitchell Louis Silverman (CRD #500504, Boca Raton, Florida), who has been a financial advisor of Raymond James & Associates, Inc. since May 3, 2002, disclosed via Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that his activities are the subject of a customer investment-related arbitration dated May 17, […]

Did you purchase Memorial Production Partners through a Broker Like Raymond James? According to the streetinsider.com Raymond James downgraded Memorial Production Partners (symbol: “MEMP”) from Market Perform to Underperform when the stock had already fallen to $1.59. Memorial Production Partners traded as high as $21 in late 2014. Many brokers at Raymond James and other […]