Articles Posted in Stockbroker Misconduct

Robert Thompson (Robert Kennedy Thompson CRD# 1975407, aka, “Bob Thompson”) is a previously registered broker and currently registered investment advisor with Concourse Financial Group Securities, Inc. (CRD# 15708) of Palos Hills, IL. His previous employers include The Concord Equity Group, LLC (CRD# 14569) of Iselin, NJ, Emissary Financial Group, Inc.…

Richard Mireles (Richard Randy Mireles CRD# 5288651) is a currently registered broker and investment advisor with  Independent Financial Group, LLC (CRD# 7717) of San Diego, CA. He was previously registered with Western Financial Advisors (CRD# 35098), also of San Diego. He has been in the industry since 2007. In the…

Maria Leon (Maria De Los Angeles Leon CRD# 6042515, aka, Maria D. Del Real, Maria De Los Angeles Del Real, Maria Del Real, Maria D Delreal, Maria D. Delreal, Maria De Los Angeles Delreal, Maria Delreal) is a previously registered broker last employed with PNC Investments (CRD# 129052) of Grand…

Roy Williams (Roy Kevin Williams CRD# 843607) is a former registered broker and investment advisor last employed with Stifel, Nicolaus & Company, Incorporated (CRD# 793) of Indianapolis, IN. He was previously employed with Morgan Stanley Smith Barney (CRD# 149777) and Citigroup Global Markets Inc. (CRD# 7059), also of Indianapolis, and…

Christian De Berardinis (CRD# 4312327, aka Christian Eduardo DeBerardinis) is a previously registered broker and currently registered investment advisor last registered with Morgan Stanley (CRD# 149777) of New York, NY. His previous employers include J.P. Morgan Securities LLC (CRD# 79) of Miami, FL, Phoenix Derivatives Group, LLC (CRD# 25802) and…

After discovering that four of its financial advisors had committed fraud with automatic bank transfers, Morgan Stanley Smith Barney (MSSB) has agreed to pay $15 million in fines and other sanctions for failing to have reasonable theft detection in place. Prior to December of 2022, MSSB did not have a…

Silver Law Group founder Scott Silver was recently interviewed by Investment News for an article about Henry Duval, formerly known as “Roger Allen Duvall.” Duvall was barred by FINRA in 2020 after it found he was selling away and misappropriating funds while associated with MML and Pruco, two former employers.…

Silver Law Group’s managing partner Scott Silver discussed a recent ruling from a California court that gave two brokers a temporary restraining order (TRO) against FINRA in arbitration over their sales of GWG Holdings’ illiquid L-Bonds. “This appears to be a Hail Mary pass by two brokers who are taking…

According to FINRA Disciplinary actions for November, 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 Helen Andrews Morgan Stanley Barclays Capital Inc. Vincent Fuchs Steward Partners Investment Solutions, LLC Raymond James…

According to FINRA Disciplinary actions for November 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…