Securities Arbitration Lawyers Blog
In February 2019, FINRA Bars Registered Individuals Due to Violations of FINRA Rules
According to FINRA Disciplinary actions for February 2019, 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 |
| Arizmendi, Jose | Silber Bennett Financial, Inc |
| TCFG Wealth Management, LLC | |
| Barrick, Tabor | FBL Marketing Services, LLC |
| Allstate Financial Services, LLC | |
| Bogdan, David | Fidelity Brokerage |
| Conklin, Jeffrey | The Huntington Investment Company |
| Huntington National Bank | |
| Crocker, Sierra | Voya Financial Partners |
| Suntrust Bank | |
| Gaston, Frantz | State Farm VP Management Corp |
| Frantz Gaston Jr. Insurance Agency | |
| Peter Gomez | NYLife Securities LLC |
| New York Life Insurance Co | |
| Harris, Dionna | Vanguard Marketing Corporation |
| Henry, Omar | Cetera Advisors LLC |
| JP Morgan Securities LLC | |
| King, Erin | Wells Fargo Clearing Services, LLC |
| Wells Fargo Bank | |
| Lin, Linda | |
| Lossing, Christopher | LPL Financial LLC |
| Edward Jones | |
| McNeill, Randolph | Buckman, Buckman & Reid, Inc |
| Garden State Securities | |
| Minichino, Richard | Next Financial Group, Inc |
| Wunderlich Securities, Inc | |
| Nicholl, Timothy | |
| Onu, Isaac | NYLife Securities LLC |
| Wells Fargo Advisors, LLC | |
| Peskar, Denise | Pruco Securities, LLC |
| The Prudential Insurance Co of America | |
| Schwede, Jaime | |
| Simon, Justin | NYLife Securities LLC |
| Country Capital Management Co | |
| Sredich, Kimberly | |
| Stephens, Dudley | Coastal Equities, Inc |
| Prospera Financial Services, Inc | |
| Strawn, Brandon | |
| Tinsley, Sean | Park Avenue Securities LLC |
| AXA Advisors, LLC | |
| Trussell, Derrick | PFS Investments Inc |
| Vailiancourt Jr., Peter | Fidelity Brokerage Services LLC |
| Wood, Daniel | LPL Financial LLC |
| Morgan Stanley Smith Barney | |
| Wright, Bryan | Pruco Securities, LLC |
| The Prudential Insurance Company of America |
FINRA makes this information available, in part, to inform investors about potential red flags or problems with certain stockbrokers. If you invested with anyone in this report and have questions about your legal rights, our attorneys will talk with you at no cost to explain your legal rights and about how we can help recover your investment losses through securities arbitration or litigation.
Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
The Wall Street Journal reported that Fidelity Investments is the subject of a Labor Department probe and a lawsuit by an investor in a T-Mobile 401(k) plan, regarding the disclosure of an “infrastructure fee” it charges mutual funds for using their FundsNetwork asset management platform.
Broker Christoper Bice (
Broker William Matthew Crafa and wealth management firm Royal Alliance Associates, Inc are the subject of a FINRA claim on behalf of investors regarding the solicitation and recommendation to purchase GPB Capital Holdings private placement securities.
GPB Capital Holdings is being investigated by the state of 
In February, we told you about three investigations focused on GPB Capital Holdings. The first is by the 
If you use Fidelity’s platform for your 401(k) investments, you may have some additional, unfamiliar fees to pay. You wouldn’t be the only one—others have noticed, and now the State of Massachusetts has launched an inquiry into Fidelity’s fees. The fees are being charged to some mutual funds for using their platform for access to its retirement plan customers.
On May 1, 2018, FINRA Department of Enforcement entered into a settlement via Acceptance, Waiver, and Consent (AWC) with Respondent Laidlaw & Company. Without admitting or denying any wrongful acts, Laidlaw consented to a public censure by FINRA, the imposition of a $25,000 fine, as well as agreeing to give FINRA a written statement saying that systems mentioned in the AWC are designed to achieve compliance with “applicable securities laws, regulations, and rules.