A National Securities Arbitration & Investment Fraud Law Firm
We’ve often blogged about how brokers and investment advisors don’t always do business in a client’s best interest. In many cases, it’s the broker’s best interest that comes first, and the client pays the price. Continue reading ›
Loren Morrison (Loren Justin Morrison CRD# 4578161) is a broker and investment advisor currently registered with Stifel, Nicolaus & Company, Incorporated (CRD# 793) of Southfield, MI. His previous employers include Echotrade LLC (CRD# 42239) of Phoenix, AZ, and UBS Financial Services Inc. (CRD# 8174) of Birmingham, MI. He has been in the industry since 2002. Continue reading ›
Patrick Thayer (Patrick Noel Thayer, CRD# 5735955) is a previously registered broker and investment advisor whose last known employer was LPL Financial LLC (CRD# 6413) of Lebanon, OH. His other employers were Parkland Securities, LLC (CRD#:115368), Sagepoint Financial, Inc. (CRD#:133763), and H.D. Vest Investment Services (CRD#13686), also of Lebanon. He has been in the industry since 2010. Continue reading ›
David Morris (David Jeffrey Morris, CRD# 2522277) is a former registered broker and investment advisor whose last known employer was Stifel, Nicolaus & Company, Incorporated (CRD# 793) of Chicago, IL. His previous employers include UBS Financial Services Inc. (CRD# 8174), J.P. Morgan Securities Inc. (CRD# 79) and Banc Of America Investment Services, Inc. (CRD# 16361), also of Chicago. He has been in the industry since 1996. Continue reading ›
According to FINRA Disciplinary actions for April 2023, 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 |
| William Casper | J.P. Morgan Securities LLC |
| Kevin Chiu | J.P. Morgan Securities LLC |
| Edward McMahon | Alexander Capital, L.P. |
| J.P. Turner & Company, L.L.C. | |
| Somboun Thao | Pruco Securities, LLC |
| MML Investors Services, LLC | |
| Patrick Thayer | LPL Financial LLC |
| Parkland Securities, LLC | |
| Brian Wurdemann | RBC Capital Markets, LLC |
| UBS Financial Services Inc. |
According to FINRA Disciplinary actions for April 2023, 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 |
| Christine Bourdelais | NYLife Securities LLC |
| Thomas Buck | RBC Capital Markets, LLC |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Narongdej Jaroensabphayanont | Voya Financial Advisors, Inc. |
| Intersecurities, Inc. | |
| Richard Logalbo | Cetera Investment Services LLC |
| MML Investors Services, LLC | |
| Harold Ramsey | Paulson Investment Company LLC |
| Spartan Capital Securities, LLC | |
| Michael Rosalia | SW Financial |
| Worden Capital Management LLC | |
| Dana Vietor | CFD Investments, Inc. |
| Oakbridge Financial Services | |
| Jamie Worden | Worden Capital Management LLC |
| Salomon Whitney LLC |
According to FINRA Disciplinary actions for April 2023, 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 |
| Austin Kiick | Equitable Advisors, LLC |
| Isaac LaFond | Patrick Capital Markets, LLC |
| IFP Securities, LLC | |
| Steve Moise | Joseph Stone Capital, LLC |
| Spartan Capital Securities, LLC | |
| David Morris | Stifel, Nicolaus & Company, Incorporated |
| UBS Financial Sevices Inc. |
According to FINRA Disciplinary actions for March 2023, 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 |
| Chrisopher Arnold | USCA Securities LLC |
| Salient Capital L.P. | |
| Blaine Hamlett | Equitable Advisors, LLC |
| Adrian London | J.P. Morgan Securities LLC |
| E*Trade Securities LLC | |
| Yvonne Nguyen | NYLife Securities LLC |
| Robert Rich | Wells Fargo Advisors Financial Network, LLC |
| Wachovia Securities, LLC | |
| Alexandra Smith | J.P. Morgan Securities LLC |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Kenneth Wade | Cetera Advisor Networks LLC |
| PFS Investments Inc. | |
| Khalil Watts | J.P. Morgan Securities LLC |
| Willliam Williford | Morgan Stanley |
According to FINRA Disciplinary actions for March 2023, 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 |
| John Carroll | Vanderbilt Securities, LLC |
| National Securities Corporation | |
| Jamie Worden | Worden Capital Management LLC |
| Salomon Whitney LLC |
According to FINRA Disciplinary actions for March 2023, 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 |
| Kenwyn Belkot | LPL Financial LLC |
| FSC Securities Corporation | |
| Robert Calamunci Sr. | Xnergy Financial LLC |
| NPPEX, LLC | |
| Sevag Haddadian | Wells Fargo Clearing Services, LLC |
| Morgan Stanley | |
| Stefanie Hurkala | Wells Fargo Clearing Services, LLC |
| First Investors Corporation | |
| Pamelia Owensby | UBS Financial Services Inc. |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Ikenna Ubaka |
Securities Arbitration Lawyers Blog