Soreide Law Group is investigating potential investor claims of sales practice violations possibly committed by securities broker Walter Paul Shoczolek III [CRD: 4488009, Cornelius, North Carolina], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Shoczolek worked for Avantax Investment Services Inc. from January 28, 2015, to October 2, 2023. Keep reading to learn more about the securities broker’s disclosures.
Specifically, on September 13, 2023, an Avantax Investment Services Inc. client filed FINRA Arbitration: 23-02405 about Walter Shoczolek. Supposedly, Shoczolek liquidated her investment without her authorization. Because of this, the investor apparently experienced damages on mutual funds. Therefore, the client requested $500,000 in compensation from Avantax Investment Services Inc. or Shoczolek. Evidently, this arbitration is pending a resolution.
Particularly, a client of Avantax Investment Services contested Walter Shoczolek’s sales practices, according to a complaint. Allegedly, Shoczolek did not properly inform the client of the investments made in her account. It appears that Shoczolek caused the client to sustain damages on mutual funds. Consequently, Avantax opted to settle the matter on July 27, 2020, by compensating the client in the amount of $30,423.63.
Did you experience losses because of Walter Shoczolek? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Shoczolek and brokerage firms Shoczolek worked for deny accusations 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 […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com