Securities Arbitration Lawyers Blog

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…

Justin W Parker CRD#1307813 Silver Law Group is investigating Del Mar, California-based Hilltop broker Justin Parker following a customer complaint alleging unsuitable investment recommendations, churning and elder abuse. According to FINRA’s BrokerCheck report Parker, a complaint was received in August of 2017 alleging that Parker had provided unsuitable investment recommendations,…

James B. Lowther CRD#5854504 Silver Law Group is investigating Sarasota, Florida-based Merrill Lynch broker James B. Lowther following a customer complaint alleging unsuitable investment recommendations and misrepresenting an investment opportunity. According to FINRA’s BrokerCheck report on Lowther, a complaint was received in July of 2017 alleging that Lowther had provided…

Bettye C. Hays CRD#1307813 Silver Law Group is investigating former Mobile, Alabama-based Principal Securities broker Bettye Hays following a customer complaint alleging unsuitable investment recommendations and misrepresenting an investment opportunity. According to FINRA’s BrokerCheck report on Hays, multiple complaints were received in July of 2017 alleging that Hays had provided…

John M. Schneider CRD#2360548 Silver Law Group is investigating former Pittsburgh, PA-based PWA Securities broker John Schneider following a customer complaint alleging unauthorized investment activity and unsuitable investment recommendations. According to FINRA’s BrokerCheck report on Schneider, a complaint was received in July of 2016 alleging that Scheider had provided unsuitable…