Securities Arbitration Lawyers Blog

The former Sarasota, FL broker has been permanently barred by FINRA for falsifying information, among other charges After only about four years in the securities industry, Winston Turner has been barred permanently by the Financial Industry Regulatory Authority (FINRA). In February of 2016, FINRA made the decision based on evidence…

It’s reported that the California broker didn’t disclose that he borrowed money from a client, among previous accusations of elder financial exploitation Ciro Cavazos learned in August of 2016 that he was being fined and suspended by the Financial Industry Regulatory Authority (FINRA). The agency discovered that Cavazos borrowed money…

Allegations of securities fraud and violation of the Securities Exchange Act of 1934 drive FINRA action to permanently bar Kolf According to the Financial Industry Regulatory Authority (FINRA), broker James Kolf allegedly recommended and sold at least $588,000 in securities to twelve firm customers between October 2013 and July 2014.…

California-based broker is now permanently barred from securities industry by FINRA; allegations raise possibility of elder financial fraud As a broker, it is typically against brokerage firm policy for financial advisors to borrow money from customers. This allegedly did not stop NYLIFE Securities, LLC broker Cynthia Bolker in San Diego,…

Silver Law Group is investigating former Nebraska-based Independent Financial Group, LLC (CRD# 7717) broker Matthew L. Geiser after FINRA permanently barred him. According to Geiser’s FINRA BrokerCheck report, FINRA permanently barred Geiser from acting as a broker or otherwise associating with firms that sell securities to the public in November…

Silver Law Group is investigating former Missouri-based U.S. Bancorp Investments, Inc. (CRD# 17868) broker Shannon K. Daniels (CRD# 4606771) after FINRA permanently barred the broker. According to Daniel’s FINRA BrokerCheck report, FINRA permanently barred Daniels from acting as a broker or otherwise associating with firms that sell securities to the…

The SEC announced charges against New York-based brokerage firm Windsor Street Capital (CRD# 34171), formerly Meyers Associates, L.P., for gatekeeper failures related to a pump-and-dump scheme.  John D. Telfer (CRD# 1099745) was also charged as chief compliance officer and anti-money laundering officer of Windsor Street Capital from November 2013 to…

Silver Law Group is investigating former Georgia-based Summit Brokerage Services, Inc. (CRD# 34643) broker Clay E. Hoffman (CRD# 4371162) due to multiple FINRA actions pending against him and his racking up of 16 BrokerCheck disclosures in the past five years. FINRA has initiated four regulatory actions against Hoffman in 2016,…

Silver Law Group is investigating former New York broker Matthew DiGregorio after FINRA permanently barred him. According to DiGregorio’s FINRA BrokerCheck report, FINRA permanently barred DiGregorio after he told FINRA staff that he does not intend to honor an award that a FINRA arbitration panel ordered him to pay to…

Silver Law Group is investigating former PFS Investments Inc. (CRD# 10111) broker William Upchurch Jr. (CRD# 1195846) after FINRA permanently barred the broker. According to Upchurch’s FINRA BrokerCheck report, FINRA permanently barred Upchurch from acting as a broker or otherwise associating with firms that sell securities to the public in…