A National Securities Arbitration & Investment Fraud Law Firm

$70 MILLION Recovery for Investment Fraud
$44 MILLION Recovery for Ponzi Scheme Victims
$25 MILLION Recovery Against National Brokerage Firm
$9.1 MILLION FINRA Arbitration Award Against Brokerage Firm
$7.9 MILLION Securities Arbitration Award Against Stockbroker
$1 MILLION Securities Arbitration Award for Elder Financial Fraud
American Association for Jusice
Florida Legal Elite 2011
Legal Leaders
5th Annual Most Effective Lawyers 2009
Multi-Million Dollar Advocates Forum
Super-Lawyers
SFLG
Top 100
Public Justice

|

According to FINRA Disciplinary actions for September 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
Matthew Davis Charles Schwab & Co., Inc.
Fidelity Brokerage Services LLC
Madison Kelly PFS Investments Inc.
Sean Mostero LPL Financial LLC
Cetera Advisors LLC
Shoaib Qureshi J.P. Morgan Securities LLC
First Republic Securities Company, LLC
Annie Simons

Continue reading ›

|

According to FINRA Disciplinary actions for August 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
  Ned Seitler   Charles Schwab & Co., Inc.
  Neuberger Berman Management, Inc.
  Kirkland Wilson   Cetera Advisor Networks LLC
  Securian Financial Services, Inc.

Continue reading ›

|

According to FINRA Disciplinary actions for August 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
  Fanar Almosleh   U.S. Bancorp Investments, Inc.
  Zev Bishop   Raymond James Financial Services, Inc.
  Nicholas Camp   Bank of America, N.A.
  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
  Vanessa Hendrickson   NYLife Securities LLC
  Mariah Nagy   J.P. Morgan Securities LLC
  Zayed Regalado   NYLife Securities LLC
  Jeffery Sanders   Woodmen Financial Services, Inc.
  Daniel Turner   Vanguard Marketing Corporation

Continue reading ›

|

According to FINRA Disciplinary actions for August, 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
  George Apolonides   Spartan Capital Securities, LLC
  Southeast Investments, N.C., Inc.
  Gerald Cocuzzo   Newbridge Securities Corporation
  IAA Financial LLC
  Howard Graham   Stonex Securities Inc.
  Wells Fargo Clearing Services, LLC
  James Stuart   Richfield Orion International Inc.
  Intervest International Equities Corporation
  Kostas Tsamos   Spartan Capital Securities, LLC
  Southeast Investments, N.C., Inc.

Continue reading ›

|

Silver Law Group founder Scott Silver weighed in on the recent suspension of broke Luis E. Nin (CRD# 4372587) after he was discovered trading in a deceased client’s account.  In the article for Advisor Hub, Mr. Silver said, “This broker’s conduct violates the most fundamental foundational requirement that a broker owes a client—don’t buy a stock that the client has not authorized.”  While registered with UBS Financial Services (CRD# 8174) of Newport Beach, CA, Lin was notified that the authorized person for a trust had died. Lin was the registered representative for this trust.  After learning of the person’s death, Lin placed ten trades in this trust account between June 29, 2022, and July 6, 2022. Although Lin spoke with a relative of the deceased about the trading, that relative did not have trading authority for the account. Later Lin wrongly told the firm that the customer had spoken to and received prior authorization from the now-deceased client. All customer-provided authorizations expire when the customer dies. Silver Law Group founder Scott Silver weighed in on the recent suspension of broke Luis E. Nin (CRD# 4372587) after he was discovered trading in a deceased client’s account.

In the article for Advisor Hub, Mr. Silver said, “This broker’s conduct violates the most fundamental foundational requirement that a broker owes a client—don’t buy a stock that the client has not authorized.”  Continue reading ›

|

The Securities and Exchange Commission (SEC) has charged Russell Todd Burkhalter, founder and CEO of Drive Planning, LLC, his Atlanta-based company. In their complaint, the SEC requested and received a preliminary injunction, asset freeze, and other emergency relief against both Burkhalter and Drive Planning to stop a Ponzi scheme worth $300 million that affected over 2,000 investors. A receiver has been appointed for Drive Planning. The complaint details that from 2020 through at least June of 2024, Burkhalter engaged in selling unregistered securities through Drive Planning. Called “Real Estate Acceleration Loans,” or REAL, they promised investors “bridge loan opportunity promising 10% in 3 months.”  More than 2,000 investors had over $300 million invested in REALs as of June 2024.The Securities and Exchange Commission (SEC) has charged Russell Todd Burkhalter, founder and CEO of Drive Planning, LLC, his Atlanta-based company. In their complaint, the SEC requested and received a preliminary injunction, asset freeze, and other emergency relief against both Burkhalter and Drive Planning to stop a Ponzi scheme worth $300 million that affected over 2,000 investors. A receiver has been appointed for Drive Planning. Continue reading ›

|

Silver Law Group confirms judgment of a $383,158.04  FINRA arbitration award on behalf of a victim of barred financial adviser Seymour Cohen, who failed to repay money he borrowed from our client. The proceeding arose out of a Financial Industry Regulatory Authority (FINRA) arbitration commenced on November 19, 2021. Our client, Anita Frankel (Petitioner), alleged that her financial adviser, Seymour Cohen (Respondent), convinced her to loan him $200,000 from the funds he managed on the promise that it would be repaid with interest upon the sale of a property he owned.Silver Law Group confirms judgment of a $383,158.04 FINRA arbitration award on behalf of a victim of barred financial adviser Seymour Cohen, who failed to repay money he borrowed from our client.

The proceeding arose out of a Financial Industry Regulatory Authority (FINRA) arbitration commenced on November 19, 2021. Our client, Anita Frankel (Petitioner), alleged that her financial adviser, Seymour Cohen (Respondent), convinced her to loan him $200,000 from the funds he managed on the promise that it would be repaid with interest upon the sale of a property he owned. Continue reading ›

|

Steven Musielski (Steven Dwayne Musielski CRD# 2128821) is a previously registered broker whose last known employer was Cambria Capital, LLC (CRD#:133760) of Anaheim, CA. His previous employers include Spencer Edwards, Inc. (CRD#:22067, expelled by FINRA in 2019), J.P. Turner & Company, L.L.C. (CRD#:43177), and Gunnallen Financial, Inc (CRD#:17609), all of Placentia, CA.  Three of his nine previous employers have been expelled by FINRA. He has been in the industry since 1991. Musielski had recently taken a FINRA cause exam. During the exam, he made comments to the company's compliance department that he had potentially utilized time and price discretion for a longer than he should have. The firm is investigating whether there are records supporting this possible violation of industry rules and firm policies and procedures regarding the use of time and price discretion. Eventually, Musielski voluntarily resigned from Cambria Capital.Steven Musielski (Steven Dwayne Musielski CRD# 2128821) is a previously registered broker whose last known employer was Cambria Capital, LLC (CRD#:133760) of Anaheim, CA. His previous employers include Spencer Edwards, Inc. (CRD#:22067, expelled by FINRA in 2019), J.P. Turner & Company, L.L.C. (CRD#:43177), and Gunnallen Financial, Inc (CRD#:17609), all of Placentia, CA.  Three of his nine previous employers have been expelled by FINRA. He has been in the industry since 1991. Continue reading ›

|

David Geake (CRD # 3088891) is a former registered broker and investment advisor at American Trust Investment Services (CRD # 3001). Geake has 20 pending Customer Disputes and a total of 39 total disclosures. He has been in the industry since 2002 and is currently barred from acting as a broker or otherwise associating with a broker-dealer firm. “In July 2023 without admitting or denying the findings, Geake consented to the sanction and to the findings that he participated in a private securities transaction by soliciting elderly investors, a husband and wife, to pledge approximately $15 million of securities as collateral to guarantee a $2.5 million loan from a bank on behalf of a startup company without providing written notice to his firm.David Geake (CRD # 3088891) is a former registered broker and investment advisor at American Trust Investment Services (CRD # 3001). Geake has 20 pending Customer Disputes and a total of 39 total disclosures. He has been in the industry since 2002 and is currently barred from acting as a broker or otherwise associating with a broker-dealer firm. Continue reading ›

|

Robert Silvestri (Robert Allen Silvestri CRD# 2037669) is a former registered broker and investment advisor last employed with Aegis Capital Corp. (CRD# 15007) of Dallas, TX. His previous employers include Level Four Financial, LLC (CRD#:25700) of Allen, TX, Morgan Stanley (CRD#:149777), also of Dallas, and UBS Financial Services Inc. (CRD#:8174) of Addison, TX. He has been in the industry since 1990. In a customer dispute filed on 11/29/2022, Silvestri’s “unsuitable recommendations in her fee-based account” opened in February of 2021 sustained losses. Silvestri wrote personal checks to cover some of the customer’s losses in the account. In the dispute, the customer requested damages of $9,500, and the firm settled the claim for $8,000.Robert Silvestri (Robert Allen Silvestri CRD# 2037669) is a former registered broker and investment advisor last employed with Aegis Capital Corp. (CRD# 15007) of Dallas, TX. His previous employers include Level Four Financial, LLC (CRD#:25700) of Allen, TX, Morgan Stanley (CRD#:149777), also of Dallas, and UBS Financial Services Inc. (CRD#:8174) of Addison, TX. He has been in the industry since 1990. Continue reading ›

Contact Information
Main Office
11780 W Sample Rd
Coral Springs, FL 33065
Phone: (954) 755-4799Fax: (954) 755-4684
New York Office
229 W 36th St 8th Floor
New York, NY 10018
Phone: (212) 377-5227
Florida Office
4755 Technology Way #205
Boca Raton, FL 33431
Phone: (561) 665-8613
ATTORNEY ADVERTISING

Visit our Florida Securities Whistleblower Website

We serve clients nationwide including, but not limited to, those in the following localities: Atlanta, Baltimore, Boston, Chicago, Dallas–Fort Worth, Denver, Detroit, Houston, Los Angeles, Miami, New York City, Philadelphia, Phoenix, San Bernardino-Riverside, San Diego, San Francisco, Seattle, St. Louis, Tampa–St. Petersburg, and Washington, D.C. View More

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. The contact form sends information by non-encrypted email, which is not secure. Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship.

Copyright © 2026, Silver Law Group
JUSTIA Law Firm Blog Design