A National Securities Arbitration & Investment Fraud Law Firm
In June, two California-based brokers working for two different broker-dealers were suspended after separate accusations of elder fraud activities. Both individuals refused to supply FINRA with supporting documents and information after making the requests. Continue reading ›
At the Public Investors Advocate Bar Association (PIABA) annual meeting in San Diego, California in September, 2024 Scott Silver was awarded the Outstanding Service Award, which according to PIABA is “given annually to a PIABA member (or members) demonstrating outstanding service and making significant contributions to PIABA while advancing the mission of PIABA.”
Scott Silver, managing partner of Silver Law Group, has been a member of PIABA since 2002 and has presented at PIABA meetings many times on subjects including stockbroker misconduct and variable annuity fraud. At the 2024 annual meeting Scott was also elected to join PIABA’s board of directors for 2024-2025. Continue reading ›
Jeffrey Higgins (Jeffrey Thomas Higgins CRD# 2871443) is a former broker and investment advisor last registered with Western International Securities, Inc. (CRD# 39262) of Baker City, OR. He was previously registered with Financial West Group (CRD# 16668, expelled by FINRA on 2/13/2020), also of Baker City. He has been in the industry since 1997. Continue reading ›
James Roy Paige (CRD# 1726609) is a broker and investment advisor currently registered with Wells Fargo Clearing Services, LLC (CRD# 19616) of Vero Beach, FL. Previously, he was registered with Morgan Stanley, (CRD# 8209 and CRD# 7556) also of Vero Beach, and Blinder, Robinson & Co., Inc. (CRD# 5096, no location given.) He has been in the industry since 1987. Continue reading ›
Timothy Jefferson (CRD# 5004750, aka Tim Jefferson, Timothy Fleming Jefferson) is a previously registered broker and investment advisor last employed with Aegis Capital Corp. (CRD# 15007) of Brentwood, TN. His previous employers include Ameriprise Financial Services, LLC (CRD# 6363) and Metlife Securities Inc. (CRD# 14251), of Franklin, TN, and Metropolitan Life Insurance Company (CRD# 4095) of Fayetteville, TN. He has been in the industry since 2005. Continue reading ›
According to FINRA Disciplinary actions for October, 2024, 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 |
| Jason Bostian | Wells Fargo Clearing Services, LLC |
| Morgan Stanley | |
| Helen Caldwell | Wells Fargo Clearing Services, LLC |
| Citigroup Global Markets Inc. | |
| Henry Chang | Laidlaw &Company |
| Morgan Stanley | |
| Brian Chicas | NYLife Securities LLC |
| Larry Law | Great Point Capital, LLC |
| JRL Capital Corporation | |
| Gaetano Magarelli | Center Street Advisors, Inc. |
| Newbridge Securities Corporation | |
| Ryan Stoner | Fifth Third Securities, Inc. |
| Wells Fargo Clearing Services, LLC | |
| Joseph Todaro | Network 1 Financial Securities Inc. |
| SW Financial |
According to FINRA Disciplinary actions for October 2024, 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 |
| Iam Aguilar | Fidelity Brokerage Services LLC |
| Luke Brooks | U.S. Bancorp Investments, Inc. |
| Glenn Colangelo | American Independent Securities Group, LLC |
| The O.N. Equity Sales Company | |
| Luis Jean-Bart | PFS Investments Inc. |
| Matthew Kagan | Merrill Lynch, Pierce, Fenner & Smith Incorporated |
| Northwestern Mutual Investment Services, LLC | |
| Joseph Seidler | RBC Capital Markets, LLC |
| Wells Fargo Clearing Services, LLC |
According to FINRA Disciplinary actions for October 2024, 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 |
| Fanar Almosleh | U.S. Bancorp Investments, Inc. |
| Sebastian Bongiovanni | Spartan Capital Securities, LLC |
| Newbridge Securities Corporation | |
| Nicholas Camp | Merrill Lynch, Pierce, Fenner & Smith Incorporated |
| Jessica Cottee | Valic Financial Advisors, Inc. |
| Park Avenue Securities LLC | |
| Samuel Girgiss | Spartan Capital Securities, LLC |
| Worden Capital Management LLC | |
| Johnathan Grasser | Farmers Financial Solutions, LLC |
| Vanessa Hendrickson | NYLife Securities LLC |
| Zayed Regalado | NYLife Securities LLC |
| Jeffery Sanders | Woodmen Financial Services, Inc. |
Keith Dagostino (CRD# 2837860) is a broker currently registered with EF Hutton of Woodbury, NY. His previous employers include Aegis Capital Corp. (CRD# 15007) And Oppenheimer & Co. Inc. (CRD# 249), both of Melville, NY, and Stifel, Nicolaus & Company, Incorporated (CRD# 793) of Oyster Bay, NY. He has been in the industry since 1997. Continue reading ›
According to FINRA Disciplinary actions for September 2024, 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 |
| Akshita Bhatia | |
| Juan Gauna | NYLife Securities LLC |
| Peter Girgis | SW Financial |
| Worden Capital Management LLC | |
| Timothy Jefferson | Aegis Capital Corp. |
| Ameriprise Financial Services, LLC | |
| Barak Rebibo | J.P. Morgan Securities LLC |
| Courtney Smith | Spire Securities, LLC |
| Hightower Securities, LLC |
Securities Arbitration Lawyers Blog