Securities Arbitration Lawyers Blog

If Cabot Lodge Securities sold you L Bonds from GWG Holdings, Silver Law Group may be able to help you recover your investment losses. GWG Holdings filed for bankruptcy in April, 2022 and it is expected that L Bonds investors will lose a significant amount of their principal. Silver Law…

When many people think of the word “investment,” frequently the first thing comes to mind is stocks that are traded on an exchange like the NYSE. But investments can encompass a wide range of different financial products that may or may not be publicly traded. Private placements are one such…

James Seijas (James Alan Seijas CRD# 2392901) is a former broker and investment advisor whose last known employer was Wells Fargo Clearing Services, LLC (CRD#:19616) of Short Hills, NJ. His former employers include TD Ameritrade, Inc. (CRD#:7870) of Morristown, NJ, Fidelity Brokerage Services LLC (CRD#:7784) of Wayne, NJ, and Barclays…

James Simpson (James Earl Simpson CRD# 424828) is a former registered broker and investment adviser whose last known employer was Equitable Advisors, LLC (CRD#:6627) of Toledo, OH. His previous employer was The Equitable Life Assurance Society Of The United States (CRD#:4039) of New York, NY. He has been in the…

Caroline Mohan, aka, Caroline Reyes (CRD# 2429577) is a former registered broker and investment advisor. Her last known employer was LPL Financial LLC (CRD#:6413) of West Palm Beach, FL. She was previously employed as a broker with Invest Financial Corporation (CRD#:12984) of Palm Beach Gardens and Merrill Lynch, Pierce, Fenner…

Michael Beebe (Michael Douglas Beebe, CRD# 2231851) is a former broker and investment advisor whose most recent employment was with LPL Financial LLC (CRD# 6413) of Webster, NY. His previous employers include Nationwide Securities, LLC (CRD# 11173) of Elbridge, NY, 1717 Capital Management Company (CRD# 4082) and MML Investors Services,…

Jesus Rodriguez (CRD# 4888685) is a former broker and investment advisor whose last known employer was Morgan Stanley (CRD#:149777) of El Paso, Texas. His former employers are Citigroup Global Markets Inc. (CRD# 7059) and Merrill Lynch, Pierce, Fenner & Smith Incorporated (CRD# 7691), also of El Paso. He has been…

Broker-dealer Joseph Stone Capital (CRD# 159744/SEC# 8-69014), based in Mineola, NY, has recently been fined by FINRA for allowing eight of its brokers to engage in excessive trading in their customers’ accounts. This practice is known as “churning,” and it always costs a customer money. From January 2015 to June…

You’ve probably seen this statement in fine print on many investment-related documents and websites: “Past performance does not necessarily predict future results.” And it means exactly that—just because something performed well previously does not mean that it will perform that well in the future. That’s the nature of all investments.…

According to FINRA Disciplinary actions for September 2022, 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…