A National Securities Arbitration & Investment Fraud Law Firm
Michael Archimede (CRD# 5701306) is a former registered broker and investment advisor previously employed with PFS Investments Inc. (CRD# 10111) of Waukesha, WI He has been in the industry since 2010.
On 11/9/2023, a customer filed a dispute alleging that Archimede borrowed money and failed to repay the loan, requesting damages of $52,482.12. This claim is currently listed as “pending.” Continue reading ›
Joseph Beam (Joseph Farrell Beam CRD# 5407778) is a former registered broker and investment advisor last employed with Capital Investment Group, Inc. (CRD# 14752) of Flat Rock, NC. His previous employment was with Suntrust Investment Services, Inc. (CRD# 17499) of Hendersonville, NC. No additional employment information is available. He began in the industry in 2007. Continue reading ›
Silver Law Group’s founder, attorney Scott Silver, recently spoke with Investment News about two brokers who filed for bankruptcy after a FINRA arbitration awarded money to one of their former clients.
“Another schlocky broker-dealer gets hit with an arbitration award and the owner and everyone else declare bankruptcy,” Mr. Silver told Investment News. Mr. Silver is also representing another client whose account was churned by the same firm. Continue reading ›
According to FINRA Disciplinary actions for May 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 |
| Kwame Aduesi | Morgan Stanley |
| J.P. Morgan Securities LLC | |
| Brittany Anderson | |
| Gianluca De Berardinis | Morgan Stanley |
| Quad Capital, LLC | |
| Brian Hill | |
| Monu Joseph | Rosenblatt Securities Inc. |
| CIBC World Markets Corp. | |
| Quintosha Thomas |
According to FINRA Disciplinary actions for May 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 |
| Helen Andrews | Morgan Stanley |
| Barclays Capital Inc. | |
| Christine Dormier | UBS Financial Services Inc. |
| Wells Fargo Investments, LLC | |
| David Ferneding | Stifel, Nicolaus & Company, Incorporated |
| Wells Fargo Clearing Services, Inc. | |
| Matthew Grady | Barclays Capital Inc. |
| American Research & Management Company | |
| Leonardo Hernandez III | Citigroup Global Markets Inc. |
| LPL Financial LLC | |
| Seth Horowitz | J.P. Morgan Securities LLC |
| UBS Financial Services Inc. | |
| Jeffrey Nemesi | Falcon Square Capital, LLC |
| Donald Smith | Provident Private Capital Partners, Inc. |
| Vestax Securities Corporation |
According to FINRA Disciplinary actions for May 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 |
| Ian Geeves | Vanderbilt Securities, LLC |
| LPL Financial LLC | |
| Ned Seitler | Charles Schwab & Co., Inc. |
| Neuberger Berman Management Inc. | |
| Timothy Sullivan | International Assets Advisory, LLC |
| SII Investments, Inc. | |
| Kirkland Wilson | Cetera Advisor Networks LLC |
| Securian Financial Services, Inc. |
Kwame Adusei (CRD#: 6166926) is a former broker and investment advisor last employed with Morgan Stanley (CRD#:149777) of Poughkeepsie, NY. His previous employers were J.P. Morgan Securities LLC (CRD#:79) of Brewster, NY, and Wells Fargo Advisors, LLC (CRD#:19616) of Chappaqua, NY. He has been in the industry since 2013. Continue reading ›
According to FINRA Disciplinary actions for April 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 |
| James Brown | American Independent Securities Group, LLC |
| Edward Jones | |
| Victor Droubie jr. | LPL Financial LLC |
| Wells Fargo Clearing Services, LLC | |
| Chun Elmejjad | Equitable Advisors, LLC |
| AXA Advisors, LLC | |
| Jonathan Gervaise | Jackson National Life Distributors LLC |
| Pruco Securities, LLC | |
| Jonathan Long | Cambridge Investment Research, Inc. |
| Cetera Financial Specialists LLC | |
| Thomas Prieur | Lincoln Financial Advisors Corporation |
| The Lincoln National Life Insurance Company | |
| Ronald Wells II | Northwestern Mutual Investment Services, LLC |
According to FINRA Disciplinary actions for April 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 |
| Kwame Adusei | Morgan Stanley |
| J.P. Morgan Securities LLC | |
| Kevin Arvoy | D.A. Davidson & Co. |
| Raymond James & Associates, Inc. | |
| Stephen Florio | Cambridge Investment Research, Inc.. |
| Raymond James & Associates, Inc. | |
| Mitchell Roby | Wells Fargo Clearing Services, LLC |
| Raymond James Financial Services, Inc. |
According to FINRA Disciplinary actions for April 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 |
| Vinessa Christian | UBS Financial Services Inc. |
| RBC Dain Rauscher Inc. | |
| Cody Coffey | Allstate Financial Services, LLC |
| Denzel Coleman | J.P. Morgan Securities LLC |
| Wells Fargo Clearing Services, LLC | |
| John Kersey | Northwestern Mutual Investment Services, LLC |
| Robert W. Baird & Co. Incorporated |
Securities Arbitration Lawyers Blog