FINRA Disciplinary Actions

FINRA Suspends Jeffrey Offen

February 6, 2019 | Silver Law Group

Jeffrey Lance Offen (CRD #2893980) is a former registered broker whose last employer was Craft Capital Management LLC (CRD #171350) of Garden City, NY. His previous employers include Salomon Whitney Financial (CRD #145012) of Farmingdale, NY, Network 1 Financial Securities Inc. (CRD #13577) of Syosett, NY, and Laidlaw & Company (UK) LTD. (CRD #119037) of Melville, NY.

Failure-to-Adequately-Supervise-Prompts-FINRA-Suspension-of-Roman-Luckey-300x200 Seven of Offen’s previous employers have been expelled from FINRA:

Obsidian Financial Group, LLC (CRD#:104255), Woodbury, NY, expelled on 10/16/2013

FINRA Disciplinary Actions for January 2019 Name Individuals Barred for Failure to Comply with FINRA Rules

January 30, 2019 | Silver Law Group

According to FINRA Disciplinary actions for January 2019, 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
Balas, Tami	SCF Securities, Inc
Balas, Tami	Klopp Agency
Bustamante, Ricardo	JP Morgan Securities LLC
Bustamante, Ricardo	Bustamante Family Legacy, LLC
Coffey, Brian	National Financial Services LLC
Coffey, Brian	Fidelity Broker Services LLC
Dulya, Rita	Kovak Securities Inc.
Dulya, Rita	Pro-Integrity Securities
Evans, Makisha
Feitelnerg, Brendan	United Planners Financial Services
Feitelnerg, Brendan	LPL Financial LLC
Jimenez, Mario	Merrill Lynch, Pierce, Fenner & Smith Inc
Jimenez, Mario	Bank of America
Justafort, Frantz	JP Morgan Securities LLC
Justafort, Frantz	Chase Investment Services
Maddox, Nicholas	TCFG Wealth Management LLC
Maddox, Nicholas	US Bancorp Investments
Gustavo Madrigal-Flores	JP Morgan Securities
Miozzi, Scott	NYLife Securities LLC
Newbanks, Scott	KMS Financial Services, Inc
Newbanks, Scott	United Planners Financial Services
Nichols, Viginia	LPL Financial LLC
Nichols, Viginia	Merrill Lynch, Pierce, Fenner & Smith Inc
Resciniti, Michael	Spartan Capital Securities, LLC
Resciniti, Michael	First Standard Financial Company
Sherry Jr., Zachary	NYLife Securities LLC
Sherry Jr., Zachary	NY Life Insurance Co
Simonds, Christopher	Edward Jones
Simonds, Christopher	Local Property LLC
Tejeda, Divanna	JP Morgan Securities LLC
Tejeda, Divanna	Chase Investment Services
Valenzuela, Francisco	Morgan Stanley
Valenzuela, Francisco	Merrill Lynch, Pierce, Fenner & Smith Inc
Wadsworth, Jackie	IMS Securities, Inc
Wadsworth, Jackie	Retirement Investment Group
Walker, Rick	Morgan Stanley
Walker, Rick	Citigroup Global Markets Inc
Walters, James II	Edward Jones
Williams, Stephen	LPL Financial LLC
Williams, Stephen	Edward Jones
Yassin, Mohamed	National Securities Corp
Yassin, Mohamed	Morgan Stanley

FINRA makes this information available, in part, to inform investors about potential red flags or problems with certain stockbrokers. If you invested with anyone in this report and have questions about your legal rights, our attorneys will talk with you at no cost to explain your legal rights and about how we can help recover your investment losses through securities arbitration or litigation.

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

In January 2019 FINRA Suspends Registered Individuals for Violations of FINRA Rules

January 30, 2019 | Silver Law Group

According to FINRA Disciplinary actions for January 2019, 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
Alfaro, Jennifer	JP Morgan Securities LLC
Alfaro, Jennifer	JP Morgan Chase Bank
Austin, Aaron	LPL Financial LLC
Austin, Aaron	M&T Securities, Inc
Austin, Phillip	JP Morgan Securities LLC
Austin, Phillip	Chase Investment Services Corp
Bogdan, David	Fidelity Brokerage Services LLC
Cash, Robert	JP Morgan Securities LLC
Conner Youn
Dass, Anukul	NY Life Securities LLC
Dass, Anukul	NY Life Insurance
De La Mora, Rosalba	JP Morgan Securities
Erhart, Peter	Ameriprise Financial Services, Inc
Erhart, Peter	IDS Life Insurance Company
Ferraro, Andrew	State Farm VP Management
Ferraro, Andrew	Andrew Ferraro Insurance Agency
Hafen, Herbert	Wells Fargo Clearing Services LLC
Hafen, Herbert	Morgan Stanley
Hamm, Brandon	Wells Fargo Clearing Services, LLC
Haynes, Keith	LPL Financial LLC
Haynes, Keith	Community Trust Bank
Jain, Anubhav	Goldman Sachs & Co LLC
Jain, Anubhav	Deutsche Bank Securities
Jefferson, Vladimir	Wells Fargo Securities LLC
Jefferson, Vladimir	Century Park Capital Partners
Jones, Marques	Bank of America
Jones, Marques	Merrill Lynch, Pierce, Fenner & Smith
Lastrapes, Lisa	Merrill Lynch, Pierce, Fenner & Smith
Lastrapes, Lisa	USAA Financial Advisors
Mak, Adrienne	JP Morgan Securities LLC
Mak, Adrienne	Chase Investment Services
Martin, Robert	JP Morgan Securities
Martin, Robert	Scottrade, Inc
McKinney, Roxana	Deutsche Bank Securities Inc
McKinney, Roxana	Park Avenue Securites
Merlo, Robert	Allstate Financial Services
Merlo, Robert	Pruco Securities
Norris, Timothy	BMO Harris Financial Advisors
Norris, Timothy	Harrisdirect LLC
Owen, Steven	PFS Investments Inc
Owen, Steven	Ameriprise Financial Services
Peskar,Denise	Pruco Securities, LLC
Peskar,Denise	The Prudential Insurance Co
Pico, Marc	LPL Financial LLC
Pico, Marc	MML Investors Services
Renison, Thomas	Horace Mann Investors
Renison, Thomas	Northwestern Mutual Investment Services
Shin, Jameson	LPL Financial
Shin, Jameson	Wells Fargo Advisors
Smith, Michael	Farmers Financial Solutions
Cornell, Stanley	Merrill Lynch, Pierce, Fenner & Smith
Cornell, Stanley	Bank of America
Stutzer, Wayne	RBC Capital Markets, LLC
Stutzer, Wayne	Sutro & Co Incorporated
Tarica Jr., Perry	Wells Fargo Clearing Services
Tarica Jr., Perry	A.G. Edwards & Sons
Uribe, Juan	Wells Fargo Clearing LLC
Uribe, Juan	JP Morgan Securities

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

FINRA Suspends Registered Individuals in January 2019 for Failing to Comply with FINRA Rules

January 30, 2019 | Silver Law Group

According to FINRA Disciplinary actions for January 2019, 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
Ballard, Timothy	Securities Americva
	National Planning Corp
Cunningham, Christopher	Fulcrum Securities
	Wells Fargo Advisors
Montano, Roberto	Waddell & Reed
	US Bancorp Investments
Plummer, Mark	Chestnut Exploration Partners
	Plummer Holdings
Sanford, Christopher	Natwest Markets Securities
	Amherst Pierpont
Vandyke, Victoria	Corinthian Partners
	Matrix USA LLC
White, Harold	Willow Cove Investment Group
	R.W. Towt & Assoc
Wilde, Maurice	Newbridge Securities Corp
	IFS Securities
Wood, Stephen	UBS Financial Services Inc
	Morgan Stanley

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Our lawyers have extensive experience collecting FINRA arbitration awards, prevailing on Motions to Vacate FINRA arbitration awards and using various collection efforts to enforce FINRA awards after they are received.

FINRA Suspends Broker Patrick Phillips After Allegedly Borrowing $70K From Client

January 25, 2019 | Silver Law Group

Patrick Jermaine Phillips (CRD #4315963) is a former registered broker and investment advisor whose last employer was MSI Financial Services, Inc. (CRD #14251) of Chicago, IL. His previous employers include Citigroup Global Markets Inc. (CRD #7059), Ameriprise Financial Services, Inc. (CRD #6363) and Robert W. Baird & Co. Incorporated (CRD #8158), also of Chicago. He has been in the industry since 2001. No current employment information is available.

Morgan-Stanley-Discharges-and-FINRA-Permanently-Bars-Broker-Samuel-Wylie-Sloane-218x300 On 6/8/2017, a customer filed a complaint against Robert W. Baird, attempting to recover $70,000 that Phillips borrowed from her during his employment and refused to repay. Philips borrowed the money without the knowledge of Baird and in violation of the firm’s policies.

On 8/3/2018, FINRA suspended Phillips after a disciplinary action, which included the unauthorized loan and violating the policies of member firm CGMI prohibiting the use of personal emails for business purposes. These emails prevented CGMI from seeing the emails regarding the loans, as required by the firm’s rules on recordkeeping. Additionally, in 2013, the client moved all of her accounts to CGMI so that Phillips could continue as her broker.

FINRA Bars Miami Broker Alex Herrera

January 17, 2019 | Silver Law Group

Alex Gerardo Herrera (CRD #3204779) is a former registered broker and investment representative whose last employer was UBS Financial Services Inc. (CRD #8174) of Coral Gables, FL. His previous employers include HSBC Securities (USA) INC. (CRD #19585), also of Coral Gables, Atlas One Financial Group, LLC (CRD #124057) of Miami, FL, and Citicorp Investment Services (CRD #23988) of Long Island City, NY. No current employment information is available. He has been in the industry since 1999.

Herrera is the subject of three disclosures, with the most recent filed on 8/08/2018, a FINRA disciplinary action and Acceptance, Waiver & Consent (AWC) form in relation to his employment with UBS Financial Services. The investigation was focused on his voluntary termination “while under review after advising management he had engaged in financial and real estate relationships with longstanding clients without prior approval.” FINRA requested information from Herrera in letters dated May 17, 2018 and June 6, 2018 in relation to the allegations.

Stephen-Grivas-Permanently-Barred-by-FINRA-300x210 Through his legal counsel, Herrera indicated to FINRA that he declined to provide the requested information to them. On 7/23/2018, without admitting or denying the findings, Herrera signed the AWC letter, accepting sanctions. In the letter, FINRA indefinitely barred Herrera in all capacities.

Douglas Leone of Salomon Whitney LLC

January 14, 2019 | Silver Law Group

Douglas Leone (CRD #2453784) has been employed with Salomon Whitney Financial since March 2013. Previous employment includes Newport Coast Securities, Inc. from October 2008 to March 2013 and Basic Investors Inc. from August 2005 to October 2008.

Leon-Vaccarelli-Fined-and-Sanctioned-by-FINRA-300x199-1-300x199 Leone was barred from association with any FINRA member in all capacities. The sanctions were based on findings that Leone failed to attend an on-the-record interview during an investigation by FINRA. The findings stated that FINRA opened an investigation into Leone’s potential unsuitable recommendations and excessive trading in customer accounts. FINRA twice requested that Leone appear at an on-the-record interview to provide testimony.

The decision became final May 21, 2018.

John Galinsky of First Dominion Capital Corp.

January 14, 2019 | Silver Law Group

John Galinsky (CRD #1513926) has been employed with First Dominion Capital since November 2017. Previous employment includes National Securities Corporation from January 2012 to November 2017, Fintegra LLC from January 2010 to December 2011 and Advanced Equities from November 1999 to October 2009.

Leon-Vaccarelli-Fined-and-Sanctioned-by-FINRA-300x199-1-300x199 Galinsky was fined $7,500 and suspended from association with any FINRA member in all capacities for 10 business days. Without admitting or denying the findings, Galinsky consented to the sanctions and to the entry of findings that he sent emails to prospective and current investors that were not fair and balanced and did not provide a sound basis for evaluating the facts regarding a company involved in a private securities offering or the offering itself. The findings stated that on two occasions, Galinsky forwarded an email to a customer, which removed references to a patent infringement lawsuit that had recently been filed against the company involved in the offering. By doing so, Galinsky caused his email to be misleading, in that it appeared to forward the entire email that he had received when, in fact, it did not.

The suspension was in effect from May 21, 2018, through June 4, 2018.

In December 2018, FINRA Suspends Registered Individuals for Violations of FINRA Rules

January 3, 2019 | Silver Law Group

According to FINRA Disciplinary actions for December 2018, 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
Barrick, Tabor	FBL Marketing Services, LLC
Barrick, Tabor	Allstate Financial Services, LLC
Conklin, Jeffrey	The Huntington Investment Company
Conklin, Jeffrey	American General
Crocker, Sierra	Voya Financial Partners, LLC
Crocker, Sierra	Suntrust Bank
Fidelman, Peter	Bradley Woods & Co LTD
Fidelman, Peter	Griffin Securities, Inc
Gaston, Frantz	State Farm VP Management Corp
Gaston, Frantz	Frantz Gaston Jr Insurance Agency
Guillory, Michael	Financial West Group
Guillory, Michael	The Shemano Group
Harris, Donna	Vanguard Marketing Corp
Hartigan, John	Entrustpermal Securities LLC
Hartigan, John	Calyon Financial Inc
Henty, Omar	Cetera Advisors LLC
Henty, Omar	JP Morgan Securities
King, Erin	Wells Fargo Clearing Services
Lossing, Christopher	LPL Financial LLC
Lossing, Christopher	Edward Jones
McNeil, Randolph	Buckman, Buckman & Reid, Inc
McNeil, Randolph	Garden State Securities, Inc
Manichino, Richard	Next Financial Group, Inc
Manichino, Richard	Wunderlich Securities, Inc
Nicholl, Timothy
Olson, Eric	NYLIFE Securities LLC
Olson, Eric	Wells Fargo
Perez, Paul	Investacorp, Inc
Perez, Paul	Fintegra, LLC
Simon, Justin	NYLIfe Securities LLC
Simon, Justin	Country Capital Mgmt Company
Strawn, Brandon
Sullivan, Daniel	Wunderlich Securities, Inc
Sullivan, Daniel	Chapdelaine & Co
Tinsley, Sean	Park Avenue Securities LLC
Tinsley, Sean	AXA Advisors, LLC
Vallencourt, Peter	Fidelity Brokerage Services LLC
Wilson, Vance	Wells Fargo Clearing Services, LLC
Wilson, Vance	Fidelity Brokerage Services LLC
Witt, Robert	Voya Financial Advisors, Inc
Witt, Robert	ING Financial Partners, Inc
Wood, Daniel	LPL Financial LLC
Wood, Daniel	Morgan Stanley Smith Barney
Wright, Bryan	Pruco Securities, LLC
Wright, Bryan	The Prudential Insurance Company of America

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Registered Individuals Barred by FINRA in December 2018 for Violations of FINRA Rules

January 3, 2019 | Silver Law Group

According to FINRA Disciplinary actions for December 2018, 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
Adamo, Gregory	Allstate Financial Services, LLC
Adamo, Gregory	National Securities Corp
Drill, John	Northwestern Mutual Investment Services, LLC
Drill, John	Robert Baird & Co. Inc
Flores, Daniel	Woodbury Financial Services, Inc
Flores, Daniel	Princor Financial Services Corp
Giraldo, Jose	Merrill Lynch, Pierce, Fenner & Smith Inc
Giraldo, Jose	David Lerner Assoc, Inc
Heitz, Donald	LPL Financial LLC
Heitz, Donald	First Command Financial Planning, Inc
Jenkins, Elisabeth	LPL Financial LLC
Jenkins, Elisabeth	ESL Investment Services, LLC
Krize, Joshua	Wells Fargo Clearing Services, LLC
Krize, Joshua	Country Capital Management Co
Lanaia, Francine	Windsor Street Capital, LP
Lanaia, Francine	Alexander Capital, LP
Moore, Daniel
Palmer, David	LPL Financial LLC
Palmer, David	Woodbury Financial Services, Inc
Pheth, Somning	Wells Fargo Clearing Services
Sachse, Mark	Ameriprise Financial Services, Inc
Sachse, Mark	Robert W. Baird & Co, Inc
Schreiner, Phillip	Morgan Stanley
Schreiner, Phillip	Merrill Lynch, Pierce, Fenner & Smith, Inc
Sterr, Margaret	M Holdings Securities, Inc
Sterr, Margaret	Catalyst Solutions Group
Suhar, Charles	The Huntington Investment Company
Suhar, Charles	LPL Financial LLC
Swords, Zachary	Farmers Financial Solutions, LLC
Valenzuela, Francisco	Morgan Stanley
Valenzuela, Francisco	Merrill Lynch, Pierce, Fenner & Smith, Inc

FINRA makes this information available, in part, to inform investors about potential red flags or problems with certain stockbrokers. If you invested with anyone in this report and have questions about your legal rights, our attorneys will talk with you at no cost to explain your legal rights and about how we can help recover your investment losses through securities arbitration or litigation.

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.