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 […]

Highest Paying Broker/Dealers Ranked by average payout per rep, per year 1.Ameriprise Financial Services Inc. 2.Commonwealth Financial Network 3.VSR Financial Services Inc. 4.Geneos Wealth Management Inc. 5.Wells Fargo Advisors Financial Network Largest Broker/Dealers Ranked by revenue 1.LPL Financial LLC 2.Ameriprise Financial Services Inc. 3.Raymond James Financial Services Inc. 4.Lincoln Financial Network 5.Commonwealth Financial Network Broker/Dealer […]

The following information was obtained on FINRA’s website under “Disciplinary and Other FINRA Actions, June, 2013,” by Soreide Law Group, a Securities Arbitration Law Firm, (888) 760-6552. Raymond James & Associates, Inc. (CRD #705, St. Petersburg, Florida) was censured, fined $27,500 and required to revise its WSPs regarding compliance with NASD Rule 2440 and IM-2440. […]

Raymond James, FINRA ID # 11-03503 (Bradenton, FL, 8/21/2012) A split FINRA arbitration panel awarded $985,700, including triple damages, to an elderly customer on his misappropriation claim. This award against Paul David Arnold, and Raymond James and Associates, Inc., of Bradenton, Florida, involved the purchasing of an annuity, electronic transfers and conversion of funds of […]

The Soreide Law Group is investigating claims on behalf of Raymond James Financial Services clients that invested in Duoyuan Global Water, with the firm’s financial advisor Bob Pittman in the Melbourne, Florida office. Upon information and belief, clients of Mr. Pittman’s have suffered substantial damages as a result of Mr. Pittman’s recommendation to purchase Duoyuan […]

Raymond James Financial Services Inc., has paid a $1.79 million arbitration award to an 87-year-old client after going to state court to appeal the judgment writes Darla Mercado, in a November 30, 2011, article for the InvestmentNews.com. The Honorable Judge Emily Tobolowsky, of the 298th Judicial District Court in Dallas last month confirmed the award […]

Raymond James & Associates, Inc. (CRD #705, St. Petersburg, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured, fined $12,500 and ordered to pay $1,849.33, plus interest, in restitution to investors.   Also, without admitting or denying the findings, the firm consented to the described sanctions and to […]