Securities Arbitration Lawyers Blog
FINRA Suspends Stockbrokers For Failing To Comply With FINRA Arbitration Award Or Settlement Agreement September 2023
According to FINRA Disciplinary actions for September 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 |
| Laurence Allen | NYPPEX, LLC |
| Northeast Securities, Inc. | |
| Joseph Desapio | Spartan Capital Securities, LLC |
| Worden Capital Management LLC | |
| DeVere Dudley | Raymond James Financial Services, Inc. |
| Edward Jones | |
| Austin Dutton Jr. | American Trust Investment Services, Inc. |
| PRIMEX | |
| Adam Ezrilov | LPL Financial LLC |
| RBC Capital Markets, LLC | |
| Samuel Girgiss | Spartan Capital Securities, LLC |
| Worden Capital Management LLC | |
| Dennis Hanrahan | Spartan Capital Securities, LLC |
| John Thomas Financial | |
| Timothy Henry | Wells Fargo Clearing Services, LLC |
| Credit Suisse Securities (USA) LLC | |
| Kenneth Klaiman | Raymond James & Associates, Inc. |
| Deutsche Bank Securities Inc. | |
| Ramon Perez | Morgan Stanley |
| UBS Financial Services Inc. | |
| David Sauer | BGC Financial, L.P. |
| Morgan Stanley | |
| Michael Schunk | NYPPEX, LLC |
| Commerce One Financial Inc. | |
| James Shelburne | Wells Fargo Clearing Services, LLC |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Jamie Worden | Worden Capital Management LLC |
| Salomon Whitney LLC |
Forensic financial research group Hindenburg Research has just published a 
Silver Law Group represents Northstar Financial Services (Bermuda) investors on a contingency fee basis in claims to recover their investment losses. Brokers allegedly sold Northstar Bermuda to investors as a low risk alternative to CDs that protected their principal and guaranteed income. But the company is now in liquidation, leaving investors unable to access their funds. 
Investors with money in some of financier Greg Lindberg’s many companies, including Northstar Financial Services (Bermuda), have suffered significant harm as billions of investor dollars are frozen and liquidation and litigation drag on. Ultimatelly, investors are not expected to recover a significant amount of money.
Silver Law Group, a nationally-recognized class action law firm representing shareholders, is investigating Sculptor Capital Management (SCU) regarding its sale to Rithm Capital Corp and potential breach of fiduciary duty claims against the board of directors of Sculptor.