FINRA BrokerCheck shows that investors have contested the sales practices of Ronald Terrence Molo [CRD: 4371241, Joliet, Illinois]. Also, SEC and FINRA sanctioned the securities broker, who worked for Edward Jones from 2001 to 2021. Here’s more about those disclosures. Ronald Molo Barred By SEC For Misappropriation On November 8, 2023, the United States Securities […]

Soreide Law Group is investigating possible investor claims against David S. Wells (also known as David Sheldon Wells) (CRD: 6774493, Mount Prospect, Illinois). Evidently, DOJ and SEC filed against the securities broker, who worked for Fifth Third Securities Inc. Allegedly, Wells misappropriated funds, but the matters are ongoing and he denies the allegations. Here is […]

Broker Bill Hightower Barred By SEC And Faces Investor Lawsuits The Financial Industry Regulatory Authority (“FINRA”) reports troubling information in regard to securities broker William Andrew Hightower who is known as Bill Hightower (CRD#: 2152369, Houston, Texas). It is not commonplace for brokers to have 12 disclosures on their BrokerCheck record like Hightower has. Namely, […]

New Jersey Bars Robert Merlo For Fraud Conviction New Jersey Bureau of Securities barred prior Allstate Financial Services securities broker Robert Merlo (CRD#: 1608409, Midland Park, New Jersey) for theft and fraudulent practices. Not only that, but Financial Industry Regulatory Authority (“FINRA”) also barred Merlo from the securities industry. Here’s a closer look at the […]

Stifel Nicolaus Broker Barred After Pleading Guilty To Fraud Soreide Law Group is investigating potential investor claims for losses caused by securities broker Mitchell Yanow (CRD#: 2148171, Boca Raton, Florida). Notably, the Securities and Exchange Commission (“SEC”) barred the securities broker, who associated with Stifel, Nicolaus & Company, Incorporated (“Stifel Nicolaus”) from 2015 to 2018. […]

Broker Chris Kubiak Barred By SEC After Pleading Guilty To Wire Fraud Soreide Law Group is reviewing possible investor claims against securities broker Chris Kubiak [CRD#: 1527367, Brookfield, Wisconsin]. Apparently, the Securities and Exchange Commission (“SEC”) barred the securities broker pursuant to Order 3-19345. Notably, Kubiak pled guilty to at least 1 count of wire […]

JESSE HOLOVACKO Fraud Conviction Affirmed The United States Court of Appeals for the Third Circuit affirmed Merrill Lynch financial advisor Jesse Holovacko’s (CRD#: 5112298, Edison, New Jersey) convictions of 6 counts of wire fraud and 1 count of investment advisor fraud, according to an unpublished Opinion filed July 22, 2019 in U.S.A. v. Jesse Holovacko, […]

Cadaret Grant Broker Steven Pagartanis Guilty Of Fraud Conspiracy Former Cadaret, Grant & Co., Inc. registered representative, Steven Pagartanis (CRD#: 1958879, Setauket, New York), has pleaded guilty to conspiracy to commit wire and mail fraud in connection with a Ponzi scheme that Pagartanis operated between 2000 and 2018. Pagartanis now faces up to 20 years […]

Royal Alliance Associates’ Kimberly Pine Kitts Defrauded Investors Kimberly Pine Kitts (CRD#: 2768200, Orleans, Massachusetts), who is past Royal Alliance Associates, Inc. investment adviser representative, pleaded guilty to a United States Attorney for the District of Massachusetts’ criminal charges including investment adviser fraud, wire fraud and identify theft. Kitts admitted to her role in defrauding […]