Securities Arbitration Lawyers Blog

Broker Andrew Krakauer Subject Of $390K Claim

December 24, 2019 | Silver Law Group

Andrew Stanley Krakauer (CRD: 1613159) is a registered broker and investment advisor employed by AXA Advisors, LLC (CRD#: 6627) of Woodbury, NY. His previous employer was The Equitable Life Assurance Society Of The United States (CRD#:4039) of New York, NY. He has been in the industry since 1987.

A customer dispute filed on 10/3/19 alleges that Krakauer sold two clients “alternative investments” in 2015, but failed to disclose the associated risks. The clients are requesting damages of $390,000. The claim is currently listed as pending. Continue reading ›

FINRA Disciplinary Actions For December 2019 Name Registered Individuals Suspended For Violations Of FINRA Rules

December 24, 2019 | Silver Law Group

According to FINRA Disciplinary actions for December 2019, 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
Amparo, Nelson	Citizens Securities, Inc
	Santander Securities LLC
Bethan, Frank	Quest Capital Strategies, Inc
	Wells Fargo Clearing Services, LLC
Brown, Andrew	Worden Capital Management LLC
	Aegis Capital Corp
Gonzalez, Frankie	Morgan Stanley
	Wells Fargo Advisors, LLC
Horner, Marc	Triad Advisors LLC
	UBS Financial Services Inc
Smith, John	Legend Securities, Inc
	NYLife Securities LLC
Smith, Joseph III	Morgan Stanley
	Wells Fargo Advisors, LLC
Williams, Jacob	U.S. Bancorp Investments, Inc
	Edward Jones

FINRA Disciplinary Actions For December 2019 Name Registered Individuals Barred For Violations Of FINRA Rules

December 24, 2019 | Silver Law Group

According to FINRA Disciplinary actions for December 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
Bartley, Jevon	Merrill Lynch, Pierce, Fenner & Smith Inc
Bartley, Jevon	Bank of America
Cross, Anita
Gasser, Robert	Barclays Capital Inc
Gasser, Robert	ITG Derivatives LLC
Gonzales, Edward	Edward Jones
Horton, David	Ameriprise Financial Services, Inc
Horton, David	IDS Life Insurance Company
Mazza, Vincent	National Securities Corporation
Mazza, Vincent	Kovak Securities Inc.
Muraya, Benson
Murrain, Merle II
Roegiers, Anthony	Pruco Securities
Roegiers, Anthony	AXA Advisors, LLC
Sperring, Donald Jr.	AXA Advisors, LLC
Sperring, Donald Jr.	The Equitable Life Assurance Society of the US
Su, Zachary	J.P. Morgan Securities LLC
Su, Zachary	World Financial Group
Williams, Minjoe	Wells Fargo Clearing Services, LLC
Williams, Minjoe	National Securities Corporation
Wright, Tiana	Northwestern Mutual Investment Services LLC

FINRA Suspends Registered Individuals For Violations Of FINRA Rules

December 23, 2019 | Silver Law Group

According to FINRA Disciplinary actions for December 2019, 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

NAME	FORMER EMPLOYERS
DiLiberto, Jesse	Fidelity Brokerage Services LLC
DiLiberto, Jesse	Wilmington Capital Securities, LLC
Fry, Stephen	Woodbury GFinancial Services, Inc.
Fry, Stephen	H.D. Investment Services
Gonzalez, Sofia	Merrill Lynch, Pierce, Fenner & Smith Inc
Gonzalez, Sofia	Bank of America
Johnson, Timothy Jr.	MML Investors, LLC
Johnson, Timothy Jr.	Suntrust Investment Services, Inc
Karney, Amogh
McGuire, Jesse	J.P. Morgan Securities LLC
McGuire, Jesse	Chase Investment Services Corp
Mostert, John	Quest Capital Strategies, Inc.
Mostert, John	Intersecurities, Inc
Murray, Robert	SW Financial
Murray, Robert	Joseph Stone Capital LLC
Stokes, Dain	LPL Financial LLC
Stokes, Dain	Edward Jones

Is GPB Capital A Ponzi Scheme?

December 3, 2019 | Silver Law Group

GPB Capital has been accused of being a Ponzi scheme, which is a type of fraud where new investor money is used to pay off old investors. Investors in a Ponzi scheme believe they are getting a return from the business they invested in, but they’re really getting another victim’s money.

Ponzi schemes are unsustainable because they require more and more new money to pay returns to investors. When new money can’t be found, the scheme collapses, and investors lose their money. Silver Law Group represents investors in securities arbitration claims against stockbrokers who sold GPB. Continue reading ›

FINRA Disciplinary Actions For November 2019 Name Registered Individuals Suspended For Violations Of FINRA Rules

November 26, 2019 | Silver Law Group

According to FINRA Disciplinary actions for November 2019, 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:

NAME	FORMER EMPLOYERS
Ajayi, Emmanuel	JP Morgan Securites LLC
Ajayi, Emmanuel	HSBC Securities (USA) Inc
Arts, Christopher	Scarsdale Equities LLC
Arts, Christopher	Leeb Brokerage Services
Bennett, Jamie	Silber Bennett Financial Inc
Bennett, Jamie	Silver Portal Capital LLC
Bishop, Tywan	Charles Schwab & Co
Bishop, Tywan	E Trade Securities
Borja, Mauricio	Allstate Financial Services
Encino, Stephen	NY Life Securities
Freeman, Michael	Spartan Capital Securities
Freeman, Michael	Legend Securities
Fries, Scott	Transamerica Financial Advisors, Inc
Fries, Scott	NYLife Securities
Mannera, Samuel	Wells Fargo Clearing Serivces
Mannera, Samuel	Merrill Lynch, Pierce, Fenner and Smith Inc
Navarre, Michael	Farmers Financial Solutions, LLC
Navarre, Michael	NY Life Securities LLC
Oplinger, Todd	IFS Securities
Oplinger, Todd	Ridgeway & Conger
Persaud, Karishma (Susy)
Rangel, Jesse	TD Ameritrade
Rangel, Jesse	Morgan Stanley
Ricker, Gregory	Westpark Capital, Inc
Ricker, Gregory	National Securities Corp
Thrush, Steven	Summitt Brokerage Services, Inc
Thrush, Steven	Cambridge Investment Research, Inc
Washington, Robert

FINRA Disciplinary Actions For November 2019 Name Registered Individuals Suspended For Failing To Comply With FINRA Award

November 26, 2019 | Silver Law Group

According to FINRA Disciplinary actions for November 2019, 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
Ainsworth, Richard	Southwest Securities, Inc
Ainsworth, Richard	Morgan Stanley Smith Barney
Campbell, Charles	A.G. Edwards & Sons, Inc
Campbell, Charles	H&R Block Financial Advisors
Leeuw, Nancy
Leeuw, Perry	PFS Investments Inc
Leeuw, Perry	Primerica Financial Services
Brian Decker	Worden Capital Management LLC
Brian Decker	Legend Securities
Jones, Johnnie	National Securities Corporation
Jones, Johnnie	John Thomas Financial
Misseri, Bernardo	Legend Securities, Inc
Misseri, Bernardo	JP Turner & Company
Oakes, Thomas	Royal Securities Company
	Kent King Securities o., Inc
Orormaner, Michael	Cova Capital Partners LLC
Orormaner, Michael	Salomon Whitney Financial
Pagartanis, Steven	Lombard Securities Inc
Pagartanis, Steven	Cadaret, Grant & Co
Siliato, Matthew	Wynston Hill Capital, LLC
Siliato, Matthew	Spartan Capital Securities
Spaventa, Andrew	SW Financial
Spaventa, Andrew	Network 1 Financial Securities
Taylor, James	First Empire Securities,Inc
Taylor, James	Morgan Stanley

FINRA Disciplinary Actions For November 2019 Name Registered Individuals Barred For Violations Of FINRA Rules

November 26, 2019 | Silver Law Group

According to FINRA Disciplinary actions for November 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
Acree, Sandra	Fidelity Services LLC
Ader, Debra
Baker, Andrew	Suntrust Investment Services, Inc
Baker, Andrew	Wells Fargo Advisors, LLC
Bermingham, Reed	Commonwealth Financial Network
Bermingham, Reed	Manning Wealth Management
Brackett, Michael	Sterne Agee Financial Services, Inc
Brackett, Michael	Transamerica Financial Advisors, Inc
Childs, Margareta	Western Financial Securities
Childs, Margareta	Financial West Group
Chinn, Pete	HD Vest Investment Securities, Inc
Chinn, Pete	Pete Chinn Accountancy Corp
Credle, Eric	Pruco Securities, LLC
Credle, Eric	Prudential Insurance Co
Dreesm David	Ameriprise Financial Services
Edwards, George	Edward Jones
Edwards, George	Cetera Investment Services LLC
Harris, Jason	Edward Jones
Lowery, Jack Jr.	Ameriprise Financial Services
Lowery, Jack Jr.	NBC Securities, Inc
Pullin, Oivia
Ryan, Stephen	MML Investors Services, LLC
Ryan, Stephen	NYLife Securities LLC
Sears, Vernon Jr.	Wells Fargo Clearing Services, LLC
Sears, Vernon Jr.	Raymond James & Associates, Inc
Soliman, Fadi	IBN Financial Services, Inc
Soliman, Fadi	Ameriprise Financial Services, Inc.

FINRA Disciplinary Actions For October 2019 Name Registered Individuals Suspended For Failing To Comply With FINRA Award

November 26, 2019 | Silver Law Group

According to FINRA Disciplinary actions for October 2019, 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
Clay, Nathaniel	Laidlaw & Company (UK) LTD
Clay, Nathaniel	National Securities Corp
Gennity, William	First Standard Financial Company
Gennity, William	Alexander Capital
Germano, Anthony	Wells Fargo Advisors Financial Network
Germano, Anthony	UBS Financial Services
Lokits, Brandon	Wells Fargo Clearing Services
Lokits, Brandon	Edward Jones
Mesaros, Shawn	Morgan Stanley Smith Barney
Mesaros, Shawn	Citigroup Global Markets Inc
Reynolds, John Jr.	Morgan Stanley
Reynolds, John Jr.	Merrill Lynch, Pierce, Fenner & Smith Inc
Shotz, Richard	Wells Fargo Clearing Services
Shotz, Richard	Morgan Stanley
Vaccaro, Anthony Jr.	Raymond James & Assoc
	Southwest Securities

FINRA Disciplinary Actions For October 2019 Name Registered Individuals Suspended For Violations Of FINRA Rules

November 26, 2019 | Silver Law Group

According to FINRA Disciplinary actions for October 2019, 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:

NAME	FORMER EMPLOYERS
Acca, Lisa	Arive Capital Markets
Acca, Lisa	Global Arena Capital Partners
Bailey, Michael	PFS Investments
Bailey, Michael	Primerica Financial Services
Bartley, Jevon	Merrill Lynch, Pierce, Fenner & Smith
Bartley, Jevon	Bank of America
Bisch, Sara	Santander Securities
Bisch, Sara	Edward Jones
Shanks, Anita
Gonzales, Edward
Hegarty, Adrian	JP Morgan Securities
Hegarty, Adrian	Citigroup Global Markets
Kraft, David	Morgan Stanley
Kraft, David	Wells Fargo Advisors
La Gala, Anthony
Lundstrom, Jeffrey	Signator Investors
Lundstrom, Jeffrey	Transamerica Financial Advisors
Madril, Michael	Wells Fargo Clearing Services
Mazza, Vincent	National Securities Corp
Mazza, Vincent	Kovak Securities
McClellan, Richard	LPL Financial
McClellan, Richard	MML Investors Services
Murano, Marc	JP Turner & Company
Muraya, Benson
Nurrain, Merle
Olsen, Blair	Lincoln Investment
Olsen, Blair	Legend Equitities Corp
Sandhu, Angad
Scarfone, Bryce	HSBC Securities (USA) Inc
Sperring, Donald Jr.	AXA Advisors LLC
Sperring, Donald Jr.	The Equitable Lie Assurance Society of the United States
Su, Zachary	JP Morgan Securities
Su, Zachary	World Financial Group
Uwechue, Anthony	JP Morgan Securities
Uwechue, Anthony	Chase Investment Serivces
Wright, Tiana	Northwestern Mutual Investment Services