Soreide Law Group is investigating possible investor claims against Timothy Cooney (also known as Tim Cooney) (CRD: 2946727, Warren, Rhode Island). Evidently, FINRA sanctioned the securities broker, who worked for Allstate Financial Services LLC. Allegedly, Cooney failed to provide information to FINRA concerning an undisclosed outside business activity investigation. Here is a brief summary of FINRA’s allegations against Cooney.
Notably, on May 18, 2020, FINRA issued Case: 2019064131101 sanctioning Timothy Cooney for infractions. Namely, FINRA alleged that Cooney failed to provide information and documents to FINRA. Supposedly, FINRA sought information about an undisclosed outside business activity.
Notably, Allstate Financial Services told FINRA via a Form U5 that Cooney’s outside activities involved charging clients for financial services. The securities broker told FINRA in May 2020 that he would not cooperate in the investigation by providing the documents or information. For this reason, Cooney was barred as a securities broker, which means he is not permitted by FINRA to work with any FINRA-member firms as a securities broker or in other capacities.
Incurred damages by investing with Timothy Cooney? If so, feel free to call Soreide Law Group at (888) 760-6552 and talk with a securities attorney about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors across the country, represents clients on a contingency fee basis and advances all costs. Cooney and brokerage firms Cooney worked for deny any and all allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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