Securities Arbitration Lawyers Blog

Jenna Connett was permanently barred by FINRA for association with any FINRA member in any capacity for failing to respond to FINRA’s request for information.   Connett worked at Morgan Stanley in Red Bank, NJ from June 2009 until she was suspended by FINRA in July 2014.  Prior to working at…

A former broker with O.N. Equity Sales Company in Norfolk, Virginia, was permanently barred by FINRA.  Josh Abernathy was barred from association in any manner with any FINRA member for failing to provide information requested by FINRA.  Abernathy was registered with The O.N. Equity Sales Company from February 2013 until…

FINRA permanently barred Darrell Raymond after Raymond failing to respond to a request by FINRA for information.  Raymond worked at Oppenheimer & Co, Inc. from March 2013 until February 2014.  Prior to Oppenheimer, he was at Dinosaur Securities and Next Financial Group. Silver Law Group represents investors in securities and…

Joel Blum, currently with Ameriprise Financial Services, was suspended by FINRA for 20 days for a dispute occurring when he was a broker at Merrill Lynch.  FINRA found that he executed discretionary transactions in customers’ accounts without written authorization.  In addition, it was found that he marked the order tickets…

National Securities Corporation broker Michael O’Neill was suspended by FINRA for 20 days and fined $5,000 for impersonating a former customer to assist the customer in obtaining information from a FINRA member firm about the customer’s own account.  This was apparently done with the customer’s approval.  O’Neill has worked at…

Allegedly provided false information to FINRA during investigation For Robert Charles Mangold, it seems it is the end of the line in the securities industry. Most recently employed by and registered with LPL Financial, LLC, Mangold is now permanently barred from acting as a broker or otherwise associating with firms…

The U.S. Securities and Exchange Commission (SEC) and the U.S. Attorney’s Office for the Southern District of Florida have each charged Miami-based investment advisor Phil Donnahue Williamson for his alleged role in a $2,000,000 Ponzi scheme that defrauded hundreds of retired public sector workers, including school teachers and law enforcement…

His career in securities ends with failure to respond to FINRA request After only six years in the securities industry, broker Charles Damien Johnson has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public. According to the FINRA BrokerCheck website,…

Broker Raymond Thomas Clark (CRD# 3120696) was permanently barred by FINRA for failing to appear for FINRA-requested on-the-record testimony related to an investigation into whether he executed excessive and/or unauthorized transactions in customer accounts, exercised discretion without authorization, and accepted trade instructions from an individual who was not authorized to…

Homer Vining was suspended by FINRA for failing to pay an arbitration award in a dispute with his former employer, Ameriprise Advisor Services, Inc.  Vining allegedly failed to repay a promissory note to Ameriprise upon termination of his employment in 2008.  Vining worked at J.P. Turner & Company, LLC from…