The Pompano Beach, Florida-based Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2016.” DENNIS M. MERRITT (CRD# 1748115 Palm Harbor, Florida) was suspended by FINRA for four months and in light of Merritt’s financial status, no monetary sanction was imposed, due to allegations that Merritt participated […]

David Lee Shafranek (CRD #2919901, Long Beach, New York) was fined $10,000 and suspended by FINRA for 20 business days allegedly, without his member firm’s knowledge or approval, participated in private securities transactions by soliciting at least four of his firm’s clients to invest in a start-up company. FINRA's findings stated that the firm’s policies […]