The Soreide Law Group has obtained the following summary of information from FINRA’s website, “Disciplinary and Other FINRA Actions, January, 2015.” James Mark McLaughlin (CRD #1925099, Westover, Alabama) was barred by FINRA for allegedly excessively trading in clients’ accounts. FINRA's findings stated that McLaughlin recommended unsuitable short-term trading of A-share mutual funds in clients’ accounts, […]

The Fort Lauderdale-based, Soreide Law Group, obtained the following summary of information from FINRA’s website under “Disciplinary and Other FINRA Actions, October, 2014.” Ane S. Plate (CRD #1977401, Deland, Florida) was barred by FINRA for an alleged 15 unauthorized trades in a client’s firm account, resulting in the cash proceeds of $176,080. FINRA's findings stated […]

Florida broker Emily Palmer Vitale, with Florida Investment Advisors now known as BT Wealth Advisors, a subsidiary of The Tampa Banking Co., was fined $5000 and suspended for three months by FINRA for allegedly forging a client’s signature. In January 2014, Vitale allegedly cut and pasted a customer’s signature from another document to another. Christopher […]

Soreide Law Group, PLLC, is currently investigating claims against Douglas A. Leone of Newport Coast Securities, Irvine, California.  Leone was previously, according to FINRA's Brokercheck,  located in New York. Currently, according to FINRA's Brokercheck, Leone has 3 pending customer disputes against him and has other cases that have been settled in arbitration.  The alleged charges against him that were settled […]

In a February 28th., 2012 article written by Liz Skinner for InvestmentNews.com, Skinner writes that the top securities regulator in the U.S. wants investment advisers and brokers to take a closer look at certain trading behaviors to help root out unauthorized trading in accounts. The Securities and Exchange Commission (SEC) said Monday in a risk […]