Securities Arbitration Lawyers Blog

Unauthorized trading was one of several charges Apostolos Nicholas Papadea, who has worked in the brokerage industry since 1969, has come under scrutiny in recent years for a variety of alleged infractions, including making trades without permission from his clients. As a result, he has been fined and suspended by…

After failing to respond to a request for information, William Hutchinson was suspended and is now barred from association In January of 2016, the Financial Industry Regulatory Authority (FINRA) reached out to William Hutchinson to get information regarding complaints from some of his past clients. Because he did not respond,…

The Sarasota, Florida broker is alleged to have improperly converted funds The Financial Industry Regulatory Authority (FINRA) has filed a complaint against broker Jeffrey Krupnick, alleging that he converted a family member’s funds for personal use. The Sarasota broker has been working in the financial services industry for 15 years…

Silver Law Group is investigating FINRA-barred broker John Vernon Heath (CRD# 2331052) for stealing client funds and recommending unsuitable investments. Heath was employed most recently at Independent Financial Group, LLC in Bloomington, Minnesota.  Independent Financial Group then discharged Heath after he admitted to wrongfully taking client funds, according to his…

Holt has lost his license and been permanently barred by the regulatory agency Mark D. Holt has lost his license and can no longer act as a broker or representative in the financial services industry. According to the Financial Industry Regulatory Authority (FINRA), Holt is the subject of 11 disclosures,…

This Morgan Stanley broker in Texas has been suspended by the Financial Industry Regulatory Authority According to the Financial Industry Regulatory Authority (FINRA), Texas broker Gregory Taylor engaged in unethical conduct with an elderly customer who was suffering from dementia and he has subsequently been suspended. Taylor’s career in the…

Allegations against King include making fraudulent misrepresentations to clients Glenn King, a former broker based in New Jersey, has been barred from acting as a broker by the Financial Industry Regulatory Authority (FINRA) for misconduct. A veteran in the securities industry with a career that dates back to 1992, King…

A majority of these representatives may have official complaints filed against them WestPark Capital Inc. is set to acquire some of 109 registered financial representatives from Newport Coast Securities, a small, independent broker-dealer based in Irvine, CA. It’s notable that 63% of Newport’s representatives have at least one “disclosure event”…

Silver Law Group has filed a FINRA arbitration complaint against RBC Capital Markets, LLC (CRD# 31194) for unsuitable recommendations to invest in oil and gas securities. Our client, an older individual, had been working with her RBC broker, Lisa J. Lowi (CRD# 1347790), for many years.  Our client alleges she…

FINRA recognizes that our seniors are especially vulnerable to financial fraud—is HELPS helping? In 2015, FINRA launched a new program called HELPS, a hotline for senior investors with questions about the legitimacy of their investments. The program is intended to help combat elder financial fraud, which is rampant across the…