A National Securities Arbitration & Investment Fraud Law Firm
James McKinney is a barred broker who was last registered with Cetera Advisors in Tulsa, Oklahoma. McKinney’s record shows that in 2019 he was barred from associating with a FINRA member firm after he failed to comply with FINRA requests for information. Customer disputes on McKinney’s record allege misrepresentation, breach of fiduciary duty, and negligence. Continue reading ›
James Kennedy is a barred broker who last worked for Woodbury Financial Services, Inc. in Madison, Mississippi. Woodbury permitted Kennedy to resign for allegedly engaging in unapproved outside business activity with clients. He was barred by FINRA for failing to fully cooperate with their investigation.
Before working at Woodbury Financial Services, Inc. (CRD# 421) from 2007 to 2020, James Kennedy worked for Hartford Equity Sales Company Inc. (CRD# 6604), Edward D. Jones & Co, L.P. (CRD# 250), Legg Mason Wood Walker, Incorporated (CRD# 6555), and Howard, Weil, Labouisse, Friedrichs Inc (CRD# 414). He was registered with FINRA from 1986-2020. Continue reading ›
Steven Rodemer is a barred broker last registered with Stifel, Nicholas & Company, Incorporated in Pueblo, Colorado. Rodemer’s record shows that he was barred in all capacities from associating with a FINRA member firm for refusing to cooperate with a FINRA investigation. In January, 2020, Rodemer was discharged from Stifel, Nicholas over an allegation that he made an unauthorized withdrawal from a client’ account. Continue reading ›
Felix Chu (Felix S Chu CRD# 2427593) is a barred broker last registered with NYLife Securities in Pleasant Hill, California. FINRA indefinitely barred Chu from association with any FINRA member in all capacities for failing to respond to a request for information.
Chu’s publicly-available FINRA BrokerCheck report shows that he has been registered with NYLife Securities his whole career, from 1994 until his barring in 2019. Continue reading ›
According to FINRA Disciplinary actions for June 2020, the following individuals were suspended from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules. However, these individuals remain bound by the securities arbitration agreement to arbitrate any disputes between themselves and their former customers:
| NAME | FORMER EMPLOYERS |
| Joanna Abdelhadi | Wells Fargo Clearing Services, LLC |
| Credit Suisse Securities LLC | |
| Kenneth Butschek | ProEquities, Inc. |
| Securities Management & Research, Inc. | |
| Nathaniel Clay | Laidlaw & Company (UK) Ltd |
| National Securities Corporation | |
| Alan Lau | Wells Fargo Clearing Services, LLC |
| Wells Fargo Investments, LLC | |
| Scott Levine | Craft Capital Management LLC |
| PHX Financial, Inc. | |
| Stefano Listella | J.P. Morgan Securities LLC |
| Great Point Capital, LLC | |
| Stanley Martin | Allstate Financial Services, LLC |
| H&R Block Financial Advisors, Inc. | |
| Scott Mason | Voya Financial Advisors, Inc. |
| LPL Financial LLC | |
| Jon Scheier | Edward Jones |
| Scott Snelling | Kestra Investment Services, LLC |
| National Planning Corporation | |
| Elizabeth Sollars | Allstate Financial Services, LLC |
| Marc Winters | Wedbush Securities Inc. |
| UBS Financial Services Inc. |
According to FINRA Disciplinary actions for June 2020, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules:
| NAME | FORMER EMPLOYERS |
| Timothy Crowley | J.P. Morgan Securities LLC |
| Chase Investment Services Corp | |
| Christian Evans | Morgan Stanley |
| Highland Capital Funds Distributor, Inc. | |
| Randy Jackson | Merrill Lynch, Pierce, Fenner & Smith Inc |
| E*Trade Securities LLC | |
| Fernando Landicho | Transamerica Financial Advisors, Inc. |
| World Group Securities, Inc. | |
| Grizelle Perez | USC Securities LLC |
| Sanders Morris Harris LLC | |
| John Wyshak | Raymond James & Associates, Inc. |
| Wedbush Securities Inc. |
According to FINRA Disciplinary actions for July 2020, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules:
| NAME | FORMER EMPLOYERS |
| Robert Cacioppo | MML Investors Services, LLC |
| NYLIfe Securities LLC | |
| Michael Davis | Allied Millennial Partners, LLC |
| Syren Capital Advisors | |
| David Del Rio | LPL Financial LLC |
| SunTrust Investment Services, Inc. | |
| Mary Beth Frassetto | Thrivent Investment Management Inc. |
| Megan Hoffman | J.P. Morgan Securities LLC |
| Chase Investment Services Corp. | |
| Jody Pullium | Allstate Financial Services, LLC |
| PNC Investments | |
| Ana Rivera | Wells Fargo Clearing Services, LLC |
| Wells Fargo Advisors, LLC | |
| George Schmidt, Jr. | Lincoln Financial Advisors Corporation |
| Hornor, Townsend & Kent, Inc. | |
| Kevin Williams | Lucia Securities, LLC |
| Wells Fargo Clearing Services, LLC |
According to FINRA Disciplinary actions for July 2020, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules:
| NAME | FORMER EMPLOYERS |
| Thomas Ambrose | Ambrose Wealth Management |
| Cambridge Investment Research, Inc. | |
| Matthew Beaver | Grit Wealth Management, LLC |
| Ameriprise Financial Services, Inc. | |
| Neal Carlson | Forthright Family Wealth Advisory LLC |
| Wells Fargo Clearing Services, LLC | |
| Karl Foust, Jr. | H.D. Vest Investment Services |
| GunnAllen Financial, Inc. | |
| Ryan Kaufman | Securities America, Inc. |
| Woodbury Financial Services, Inc. | |
| Henry Osorio, Jr. | Westrock Advisors, Inc. |
| S.W. Bach & Company | |
| Damion Smith | Great Gable Wealth Management |
| Morgan Stanley | |
| Walter Taylor, Jr. | Wells Fargo Clearing Services, LLC |
| Wells Fargo Advisors LLC | |
| Howard Walzer | BB&T Securities, LLC |
| UBS Financial Services Inc. | |
| Xianyu Yu Zhang | Wells Fargo Clearing Services, LLC |
| LPL Financial LLC |
According to FINRA Disciplinary actions for June 2020, the following individuals were suspended from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules. However, these individuals remain bound by the securities arbitration agreement to arbitrate any disputes between themselves and their former customers:
| NAME | FORMER EMPLOYERS |
| Conrad Coggeshall | Packerland Brokerage Services, Inc. |
| USA Financial Securities Corporation | |
| Madeline Colon | |
| Jennifer Holmes | Voya Financial Advisors, Inc. |
| ING Financial Advisers, LLC | |
| Yee Yee Htwe | Merrill Lynch, Pierce, Fenner & Smith Incorporated |
| Farmers Financial Solutions, LLC | |
| Jennifer Pendley | J.P. Morgan Securities LLC |
| David Stateman | Allstate Financial Services, LLC |
| AXA Advisors, LLC | |
| Alexander Walker | Fidelity Brokerage Services LLC |
DID YOUR SAGEPOINT ADVISOR SELL YOU UITs?
SagePoint Financial has been ordered by the Financial Industry Regulatory Authority (FINRA) to pay $1.3 million in restitution to customers for alleged failings related to unit investment trusts (UITs). SagePoint was also ordered by FINRA to pay $300,000 for supervisory violations related to UITs. Continue reading ›
Securities Arbitration Lawyers Blog