Securities Arbitration Lawyers Blog

Sean Mostero (Sean Francis Mostero CRD# 6447158) is a former registered broker and investment advisor most recently employed with LPL Financial LLC (CRD# 6413) of Torrance, CA. His previous employers were Cetera Advisors LLC (CRD# 10299) and First Allied Securities, Inc. (CRD# 32444), also of Torrence. He has been in the…

Imdadur Rahman (CRD# 2476187, a/k/a Gino Rahman) is a former registered broker and investment advisor last employed with L.M. Kohn & Company (CRD# 27913) of Troy, MI. His previous employers were Merrill Lynch, Pierce, Fenner & Smith, Incorporated (CRD# 7691) of Bloomfield Hills, MI, UBS Financial Services Inc. (CRD#:8174) of…

In June, two California-based brokers working for two different broker-dealers were suspended after separate accusations of elder fraud activities. Both individuals refused to supply FINRA with supporting documents and information after making the requests. Ronnie Rindon Dumag (CRD# 4783585) is a previously registered broker employed with PFS Investments Inc. (CRD#:10111) of…

Sharif Sharif (Sharif Azmi Sharif CRD# 2343413) is a previously registered broker and currently registered investment advisor last employed with LPL Financial LLC (CRD# 6413) of Elmhurst, IL. His previous employers include Woodbury Financial Services, Inc. (CRD# 421), also of Elmhurst, Axa Advisors, LLC (CRD# 6627) of Hinsdale, IL, and…

At the Public Investors Advocate Bar Association (PIABA) annual meeting in San Diego, California in September, 2024 Scott Silver was awarded the Outstanding Service Award, which according to PIABA is “given annually to a PIABA member (or members) demonstrating outstanding service and making significant contributions to PIABA while advancing the…

Jeffrey Higgins (Jeffrey Thomas Higgins CRD# 2871443) is a former broker and investment advisor last registered with Western International Securities, Inc. (CRD# 39262) of Baker City, OR. He was previously registered with Financial West Group (CRD# 16668, expelled by FINRA on 2/13/2020), also of Baker City. He has been in the…

James Roy Paige (CRD# 1726609) is a broker and investment advisor currently registered with Wells Fargo Clearing Services, LLC (CRD# 19616) of Vero Beach, FL. Previously, he was registered with Morgan Stanley, (CRD# 8209 and CRD# 7556) also of Vero Beach, and Blinder, Robinson & Co., Inc. (CRD# 5096, no location…

Aaron A. Wagner, a former college football player, social media financial influencer, and entrepreneur, has been arrested in Utah for misappropriating investor funds. The Department of Justice’s complaint described wire fraud in which Wagner diverted investor funds intended for a restaurant investment and used them to purchase a private plane.…

Silver Law Group is investigating B Riley’s recommendation that investors purchase shares of Franchise Group as late as 2023. Following reports of Franchise Group Inc.’s (FRG) bankruptcy filing in Delaware, B. Riley chairman Bryant Riley sent an email to the firm’s employees stating that he felt “personally sick” in the…

Silver Law Group is representing investors in Franchise Group, Inc (FRG) through B Riley Wealth Management based on investor allegations that B Riley failed to disclose known negative information about FRG and conflicts of interest between FRG principal Brian Kahn and B Riley’s CEO. Franchise Group, Inc., (FRG) the parent…