Richard Depalma is a registered representative with CRD number 4517536, according to BrokerCheck. BrokerCheck shows four settled customer disputes tied to Depalma's association with Centaurus Financial. The disclosures span from April 2023 to July 2025 and involve allegations of unsuitable, high-risk, or illiquid investment recommendations.

Investors who purchased MacKenzie Realty Capital Inc. (MKZR) have watched in shock as the stock plummeted approximately 95% from its earlier highs. For many, this isn’t just a market downturn—it’s a financial catastrophe potentially rooted in broker misconduct or unsuitable investment recommendations. Why Did MKZR Collapse? Once a non-traded REIT that moved to the NASDAQ, […]

Investors File Disputes About Credit Suisse Brokers Lily Pirouzian, Michael Brewster Credit Suisse Securities (USA) LLC (CRD#: 816) is an investment adviser firm regulated by the Securities and Exchange Commission (“SEC”) and brokerage firm regulated by the Financial industry Regulatory Authority (“FINRA”). Evidently, to date, the firm reports 272 instances in which securities regulators have […]

Title goes here NYLife Securities LLC (CRD#: 5167, New York, New York) is a brokerage firm which Financial Industry Regulatory Authority (“FINRA”) regulates. Notably, the firm reports on FINRA BrokerCheck that on ten occasions, FINRA or another regulator filed an action against the firm for misconduct. Apparently, those actions concern the firm’s failure to conform […]

Attention: Customer Files Fraud Claim Involving Windsor Street Broker Anthony Pace Anthony Pace (CRD#: 2481049, New York, New York) is a prior Windsor Street Capital, LP securities representative and supervisor. Apparently, Anthony Pace worked at the firm from October 28, 2015 to May 29, 2018 – the day FINRA expelled the firm. Notably, Anthony Pace […]

UBS Sued For Alleged Misappropriation Of Customer Funds UBS registered representative Derek Michael Nierman (CRD#: 2302164, Scottsdale, Arizona) has indicated on his FINRA BrokerCheck Report that his activities have resulted in five customer-initiated investment-related disputes. Those disputes relate to Derek Michael Nierman’s conduct at Morgan Stanley Smith Barney, UBS Financial Services Inc. and Citigroup Global […]

Customer Files Suitability Complaint Against Summit Brokerage Soreide Law Group is investigating claims on behalf of customers who invested with David Charles Hill (CRD #818407, Port Orange, Florida). Hill was a registered representative of Summit Brokerage Services, Inc. who was discharged on November 16, 2017. Summit Brokerage Services alleged that Hill did not disclose the […]

Janney Montgomery Scott Sued For Unsuitable Trading for broker Barry Falk Barry Falk (CRD #870874, Palm Beach Gardens, Florida), who has been a registered representative of Janney Montgomery Scott LLC since December 19, 2002, disclosed on Financial Industry Regulatory Authority (“FINRA”) BrokerCheck that his activities have prompted customers to collectively bring a civil suit in […]

Soreide Law Group, Securities Arbitration Law Firm (888) 760-6552, recently obtained this information from the FINRA website under “Disciplinary and Other FINRA Actions, March, 2013.” Alan Richard Joyce (CRD #1683601, Registered Principal, Jacksonville, Florida) was fined $7,500 and suspended from association with any FINRA member in any capacity for 60 business days. Without admitting or […]