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Securities arbitration cases may increase due to margin calls made on behalf of ill-advised investors According to the Securities Industry and Financial Markets Association (SIFMA) “Dashboard” publication for the week ending August 21, the 52-week range for the Dow was low. This break in the market, as well as the…

Couple launches $20 million retaliatory-firing suit against the firm A husband and wife who were formerly employed by Morgan Stanley launched a $20 million suit against the firm Monday, alleging that it violated whistleblower protection laws by terminating their employment after they made complaints to supervisors about unfair practices occurring…

Study finds investors are more willing to invest in what they understand Imagine going somewhere people are supposed to help you, where you’re assured you will be in good hands. Imagine arriving there and realizing everyone speaks a language that’s completely foreign to you. According to a study conducted by…

Record shows customer disputes and failure to respond to FINRA request FINRA barred Ralph Oelbermann in February after 23 years in the securities industry. According to FINRA’s website, the bar resulted from Oelbermann allegedly failing to respond to FINRA requests for information. In 2013, Oelbermann was discharged from his employing…

His most recent employing firm was expelled by FINRA in October After 22 years in the securities industry, FINRA permanently barred Peter Gouzos in February from acting as a broker or selling securities to the public. The final straw in a career full of customer dispute disclosures was his alleged…

Carnahan allegedly converted almost $170,000 in misappropriated customer funds After 16 years and five disclosure events in the securities industry, Bryan Andrew Carnahan was barred permanently by FINRA on May 1 following allegations that he converted $169,500 in funds from a customer at his firm, The Huntington Investment Company, between…

35 percent of structured products at the firms investigated were liquidated below 80 percent of their face value, allegations of unsuitable recommendations and sales limit abuse raised The Securities and Exchange Commission reported Monday that it has spotted failures in many broker-dealers controlling the retail sales of structured products, leading…

Alleged wrongful auto-liquidation made accounts subject to additional margin calls, which continued a death spiral of financial loss. The turmoil in the market over the last two weeks has likely had significant impact on investors. For investors trading with margin accounts through Interactive Brokers LLC, this could mean even greater…

Disciplinary action is pending as DiBlasi’s involvement in the sale of over 74 million shares of unregistered stock is investigated After 11 years in the securities industry, Timothy D. DiBlasi may be facing a FINRA disciplinary action for his alleged involvement in the sale of more than 74 million unregistered…

Regulatory action pending against president of Scottsdale Capital Advisors D. Michael Cruz, president of Scottsdale Capital Advisors, is involved in a pending regulatory action by FINRA after his alleged involvement in the sale of more than 74 million unregistered shares between three microcap stocks. Cruz has been registered with the…