Securities Arbitration Lawyers Blog

Richard S. Botkin CRD# 1571729 Silver Law Group is investigating Former Roseville, California-Morgan Stanley broker Richard S. Botkin after a allegations of outside business activity and illicit private placement investments. According to FINRA’s BrokerCheck report on Botkin, he sought approval from his member firm to participate in an outside business,…

On October 18, a new law went into effect that could be extremely beneficial to older investors. The Elder Abuse Prevention and Prosecution Act is a “multi-pronged approach to prevent elder abuse, protect victims, and prosecute perpetrators of elder abuse crimes.” Immediately put in place are investigation and prosecution requirements…

The broker is accused of violating FINRA rules by borrowing money from a client In May of this year, the Financial Industry Regulatory Authority (FINRA) contacted broker Christopher Anthony Fernan to get information involving a customer dispute. Because he failed to respond to the agency, he received a three-month suspension,…

Background Information In terms of gross revenues and number of financial advisors, LPL Financial is ranked as the biggest independent broker dealer in the financial services industry. The company has financial advisors all over the U.S., mostly in small branch offices. And because there are so many small branch offices,…

Jack F. Bruscianelli CRD#2113986 Silver Law Group is looking into Chicago, Illinois-based National Securities Corp. broker Jack F. Bruscianelli after a FINRA complaint was brought against him alleging unsuitable investments in private placements. According to FINRA’s BrokerCheck report on Bruscianelli, a FINRA complaint alleging unsuitability relating to private placements was…

The former New York broker has been accused of over-concentration Thomas Borruso can no longer act as a broker in the securities industry. In June of this year, he received a suspension from the Financial Industry Regulatory Authority (FINRA) stemming from a customer dispute. And when Borruso failed to provide…

Bao Quoc Vu CRD# 5090067 Silver Law Group is looking into former TD Ameritrade broker Bao Quoc Vu after a FINRA complaint alleging unsuitable investment recommendations related to Aequitas promissory notes was filed against him. According to FINRA’s BrokerCheck report on Vu, a FINRA complaint was filed in June of…

Allegations against the former broker include unauthorized trading, unsuitability, and fraud, among others With 38 years of experience in the securities industry, Boca Raton-based Stoever, Glass & Company, Inc. broker Larry Charles Wolfe has a total of 14 disclosures listed on his Financial Industry Regulatory Authority (FINRA) BrokerCheck report. Most…

Schaedler is alleged to have exercised undue influence with elderly client owning $2.3 million-dollar estate. After 16 years in the securities industry, Wells Fargo Clearing Services broker James R. Schaedler is now indefinitely barred by the Financial Industry Regulatory Authority (FINRA). According to his FINRA BrokerCheck report, Schaedler was discharged…

William J. Paynter CRD# 2835535 Silver Law Group is reviewing Scottsdale, Arizona-based Wells Fargo broker William J Paynter after a customer filed a FINRA complaint alleging unsuitable investments. According to FINRA’s BrokerCheck report on Paynter, a complaint was filed alleging unsuitability during his time at Morgan Stanley with respect to…