• Bad Brokers Flock Together?

    July 27, 2016 Comments (0) Blog

    According to reports, Craig McCann, owner of Securities Litigation and Consulting Group (SLCG), and a noted FINRA expert witness, reported on LinkedIn that FINRA data has found that bad brokers concentrate in bad brokerage firms. Using FINRA measures of investor harm and misconduct at firms with more than 100 brokers,

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  • Investor Alert: former Wells Fargo advisor Bradley Smegal

    July 22, 2016 Comments (0) Blog

    According to reports, fired Wells Fargo investment adviser Bradley Smegal is facing federal securities fraud charges for allegedly stealing more than $5 million from clients. Authorities purportedly allege that from mid-2007 through early 2013, Smegal convinced at least 14 of his clients to invest in entities

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  • Possible huge step forward for investors.

    July 20, 2016 Comments (0) Blog

    It is being reported that FINRA’s board of governors is privately debating the creation of a relief fund for unpaid arbitration awards. Such a fund, which has been pushed for by PIABA (the Public Investors Arbitration Bar Association, of which this firm is a member) for years, would aim to solve the ongoing

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  • Jonothon Lieberman barred from securities industry.

    July 19, 2016 Comments (0) Blog

    According to FINRA, Jonothon Michael Lieberman (CRD #2237428, Woodbury, New York) recently submitted an AWC in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Lieberman consented to the sanction and to the entry of findings that he refused to

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  • Robert Kerrigan barred from securities industry.

    July 19, 2016 Comments (0) Blog

    According to FINRA, Robert Joseph Kerrigan Sr. (CRD #268516, Scottsdale, Arizona) recently submitted an AWC in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Kerrigan consented to the sanction and to the entry of findings that he refused to

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  • Michael DeBoer barred from securities industry.

    July 19, 2016 Comments (0) Blog

    According to FINRA, Michael Jon DeBoer (CRD #2114067, Trinity, Florida) recently submitted an AWC in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, DeBoer consented to the sanction and to the entry of findings that he recommended that two

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  • Alan Cashaw barred from securities industry.

    July 19, 2016 Comments (0) Blog

    According to FINRA, Alan Cashaw Jr. (CRD #4574278, Philadelphia, Pennsylvania) recently was barred from association with any FINRA member in any capacity. The sanction was based on findings that Cashaw failed to timely respond to FINRA written requests for information and documents. The findings stated that Cashaw

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  • David Miller barred from securities industry.

    July 19, 2016 Comments (0) Blog

    According to FINRA, David Michael Miller (CRD #5461431, Columbus, Ohio) recently was barred from association with any FINRA member in any capacity, required to pay a total of $799,161.07, plus interest, in restitution to customers, and required to disgorge to FINRA a fine of $15,161.54, plus interest. The sanctions

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  • Douglas Miller and Gary Rathbun barred from securities industry.

    July 19, 2016 Comments (0) Blog

    According to FINRA, Douglas Scott Miller (CRD #1946240, Bowling Green, Ohio) and Gary Lee Rathbun (CRD #1084721, Wauseon, Ohio) recently submitted an AWC in which they were both barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Miller and Rathbun consented to the

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