Soreide Law Group, (888) 760-6552, has obtained this summation of information from FINRA’s website under “Disciplinary and Other FINRA Actions, April, 2014.”
William Bradford Coolidge (CRD #1636957, Registered Representative, Cordova, Tennessee)
was barred by FINRA for allegedly effecting trades in elderly clients’ accounts without written authorization or his firm’s acceptance of their accounts as discretionary.
FINRA's found that Coolidge allegedly traded in elderly clients’ Individual Retirement Accounts (IRAs) and individual accounts then switched mutual funds and unit investment trusts (UITs) to other mutual funds or UITs after holding the clients' investments for a short time.
Because of the customers’ age, their investment objectives, and the clients' risk profile or annual income, Coolidge’s recommendations were unsuitable and not consistent with their investment goals.
FINRA reported that Coolidge's elderly clients suffered losses totaling $195,127.37 and those clients paid him commissions totaling $168,091.21.
(FINRA Case #2012032916701)
William B. Coolidge was previously registered with the following FINRA firm(s):
STIFEL, NICOLAUS & COMPANY, INCORPORATED (CRD# 793) - MEMPHIS, TN
03/2008 - 06/2012
WACHOVIA SECURITIES, LLC (CRD# 19616) - MEMPHIS, TN
06/2002 - 03/2008
WACHOVIA SECURITIES, INC. (CRD# 431) - CHARLOTTE, NC
10/2000 - 06/2002
PAINEWEBBER INCORPORATED (CRD# 8174) - WEEHAWKEN, NJ
08/2000 - 10/2000
J.C. BRADFORD & CO. (CRD# 1287) - NEW YORK, NY
11/1987 - 08/2000
The summation of information from FINRA's website ends here.
The Soreide Law Group represents investors nationwide before FINRA. Call for a free consultation with an attorney: (954) 760-6552.
Investors potentially experienced sales practice violations by securities broker Matthew R. Carbray [CRD: 4565811, Northampton, Massachusetts], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Carbray has worked for Kestra Investment Services LLC since July 21, 2006, and Kestra Advisory Services LLC since April 19, 2016. Continue reading to learn more about Carbray’s […]
Investors apparently complained about securities broker Juan Pablo Benavides [CRD: 4288007, Miami, Florida], given the public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Benavides has worked for Merrill Lynch as a securities broker since November 22, 2000, and as a financial advisor since March 15, 2004. See below to find out more about […]
Investors potentially incurred losses because of securities broker Sandy Meyer Leff [CRD: 1796695, Atlanta, Georgia], according to information disclosed through Financial Industry Regulatory Authority (FINRA) BrokerCheck. Leff has worked for Carter Terry Company Inc. as a securities broker since October 6, 2016, and as a financial advisor since October 21, 2016. Keep reading to discover […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com