LAWRENCE FAWCETT Barred From Securities Industry The Financial Industry Regulatory Authority (“FINRA”) barred WestPark Capital Inc. securities broker Lawrence Fawcett (CRD#: 5851474, Los Angeles, California). Evidently, Fawcett executed a Letter of Acceptance, Waiver, and Consent (“AWC”) #: 2017056329801 on March 13, 2018, which FINRA accepted March 26, 2018. FINRA determined that Fawcett violated FINRA Rules […]

FINRA Bars NICHOLAS MADDOX of Laguna Niguel California The Financial Industry Regulatory Authority (“FINRA”) barred TCFG Wealth Management securities broker Nicholas Maddox (CRD#: 4732456, Laguna Niguel, California). Evidently, Maddox was either unresponsive to FINRA’s requests or did not comply with FINRA in its investigation. Here’s what we know so far: TCFG Wealth Management Terminates Nicholas […]

ATTENTION INVESTORS: Complaints Filed Against LPL Financial Brokers Michael Botwinick, Christopher Dunlap, Brian Midi Soreide Law Group is reviewing possible investor claims against brokers of LPL Financial LLC (CRD#: 6413, Boston, Massachusetts) who may have engaged in sales practice violations. Notably, the firm disclosed through Financial industry Regulatory Authority (“FINRA”) that customers brought fifty-four investment-related […]

J.P. Morgan Terminates Brokers Donovan Hunter, Lindsay Chapman J.P. Morgan Securities LLC (CRD#: 79, New York, New York) is a brokerage firm that the Financial Industry Regulatory Authority (“FINRA”) regulates, and an investment adviser firm which the Securities and Exchange Commission (“SEC”) regulates. Notably, regulators have brought actions against J.P. Morgan Securities at least 331 […]

Customers Allege Misrepresentation By Allstate Brokers Patrick Phillips, Brian Toms Allstate Financial Services (CRD#: 18272, Lincoln, Nebraska) is a brokerage firm regulated by Financial Industry Regulatory Authority (“FINRA”). The firm has reported three regulatory actions concerning its failure to abide by securities industry rules and regulations. For example, FINRA fined the firm $1,000,000.00 for failing […]

Customers Sue Aegis Capital Corp For Unreasonable Investment Advice Aegis Capital Corp (CRD#: 15007, New York, New York) is a brokerage firm established on January 15, 1984 that is regulated by Financial Industry Regulatory Authority (“FINRA”) and an investment advisor firm registered with the Securities and Exchange Commission (“SEC”). Since establishment, Aegis has amassed 32 […]