Close

A National Securities Arbitration & Investment Fraud Law Firm

Securities Arbitration Lawyers Blog

Updated:

FINRA Bars Stockbrokers For Failing To Provide FINRA With Information August 2024

According to FINRA Disciplinary actions for August 2024, 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   Ned Seitler…

Updated:

FINRA Suspends Registered Individuals For Violations Of FINRA Rules August 2024

According to FINRA Disciplinary actions for August 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…

Updated:

FINRA Suspends Stockbrokers For Failing To Comply With FINRA Arbitration Award Or Settlement Agreement August, 2024

According to FINRA Disciplinary actions for August, 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   George Apolonides   Spartan Capital Securities, LLC   Southeast Investments, N.C., Inc.   Gerald Cocuzzo…

Updated:

Stockbrokers Can’t Trade in Dead Clients Accounts

Silver Law Group founder Scott Silver weighed in on the recent suspension of broke Luis E. Nin (CRD# 4372587) after he was discovered trading in a deceased client’s account. In the article for Advisor Hub, Mr. Silver said, “This broker’s conduct violates the most fundamental foundational requirement that a broker owes…

Updated:

SEC Charges Todd Burkhalter In $300 Million Ponzi Scheme And Gets Injunctive Relief

The Securities and Exchange Commission (SEC) has charged Russell Todd Burkhalter, founder and CEO of Drive Planning, LLC, his Atlanta-based company. In their complaint, the SEC requested and received a preliminary injunction, asset freeze, and other emergency relief against both Burkhalter and Drive Planning to stop a Ponzi scheme worth…

Updated:

Silver Law Group Confirms Judgment Of Large FINRA Arbitration Award

Silver Law Group confirms judgment of a $383,158.04 FINRA arbitration award on behalf of a victim of barred financial adviser Seymour Cohen, who failed to repay money he borrowed from our client. The proceeding arose out of a Financial Industry Regulatory Authority (FINRA) arbitration commenced on November 19, 2021. Our…

Updated:

Steven Musielski, Former Cambria Capital Broker, Barred From Industry

Steven Musielski (Steven Dwayne Musielski CRD# 2128821) is a previously registered broker whose last known employer was Cambria Capital, LLC (CRD#:133760) of Anaheim, CA. His previous employers include Spencer Edwards, Inc. (CRD#:22067, expelled by FINRA in 2019), J.P. Turner & Company, L.L.C. (CRD#:43177), and Gunnallen Financial, Inc (CRD#:17609), all of…

Updated:

Former American Trust Investment Services Broker David Geake Barred by FINRA

David Geake (CRD # 3088891) is a former registered broker and investment advisor at American Trust Investment Services (CRD # 3001). Geake has 20 pending Customer Disputes and a total of 39 total disclosures. He has been in the industry since 2002 and is currently barred from acting as a…

Updated:

FINRA Bars Broker Robert Silvestri After Client Loans

Robert Silvestri (Robert Allen Silvestri CRD# 2037669) is a former registered broker and investment advisor last employed with Aegis Capital Corp. (CRD# 15007) of Dallas, TX. His previous employers include Level Four Financial, LLC (CRD#:25700) of Allen, TX, Morgan Stanley (CRD#:149777), also of Dallas, and UBS Financial Services Inc. (CRD#:8174)…

Updated:

Scott Silver Featured In Investment News Article About IFS Broker Keith Wakefield Convicted Of Securities And Wire Fraud

Former IFS Securities bond trader Keith Wakefield (CRD# 3250539) has been found guilty of securities and wire fraud as a broker at the now-defunct IFS Securities. He was convicted in federal court in the Northern District of Illinois. The jury found that he inflated the commissions on his trades and…

Contact Us
Start Chat