Securities Arbitration Lawyers Blog

The former Michigan broker’s career was filled with suspensions, investigations, and firings In April of 2017, Ernest Julius Romer III received a permanent bar from the securities industry by the Financial Industry Regulatory Authority (FINRA). He was originally suspended by the agency, but because he didn’t request termination of the…

According to FINRA Disciplinary actions for December 2017, 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   Jason N. Anderson   IFS Securities   Kovack Securities Inc.   Johan Henrik Frisell  …

According to FINRA Disciplinary actions for December 2017, 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   Helle Romer…

The Silver Law Group in collaboration with the Law Firm of David Chase recently filed a FINRA arbitration claim on behalf of a legally blind 86-year old customer against Moloney Securities Co. and its broker, Joseph Weinrich, which alleges counts of unsuitability, unauthorized trading and churning, and seeks the recovery…

According to FINRA Disciplinary actions for December 2017, 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   Florjan Beqo…

Spencer D. Laufer CRD#6312867 Silver Law Group is investigating former New York, New York-based J.H Darbie & Co broker Spencer Laufer following a customer complaint alleging unsuitable investment recommendations. According to FINRA’s BrokerCheck report on Laufer, a complaint was received in July of 2017 alleging that Laufer had provided unsuitable…

Jason N. Anderson CRD#4370191 Silver Law Group is investigating former Beaumont, Texas-based LPL Financial broker Jason Anderson following a customer complaint alleging unauthorized trading, churning, and mismanagement in customers accounts. According to FINRA’s BrokerCheck report on Anderson, a complaint was received in December of 2016 alleging that Anderson had engaged…

Ramesh Madhusudan CRD#5389923 Silver Law Group is investigating Miami Florida-based Raymond James Financial Services broker Ramesh Madhusudan, after a customer filed a FINRA complaint alleging unsuitability and negligent supervision with alleged damages of $9,000,000 According to FINRA’s BrokerCheck report on Madhusudan, a complaint alleging unsuitable recommendations, breach of fiduciary duty…

Jay D. Jordan CRD#1776666 Silver Law Group is investigating Oklahoma City, Oklahoma-based WFG broker Jay D Jordan, after customer allegations of misrepresentation and unsuitable recommendations where received by FINRA and he was subsequently permanently barred from the industry. According to FINRA’s BrokerCheck report on Jordan, during his time at WFG…

Carlos Mejia CRD#5011069 Silver Law Group is investigating Former Albany, New York-based Purshe Kaplan Sterling broker Carlos Mejia after he settled a customer complaint alleging unsuitable investment recommendations. According to FINRA’s BrokerCheck report on Mejia, a complaint was received in February of 2016 alleging that Mejia provided unsuitable investment recommendations…