Posts tagged ‘securities law’
Possible Securities Fraud Investigation Involving Morgan Stanley Smith Barney financial advisor David Sheinheit
The White Law Group is investigating the trading practices of Morgan Stanley Smith Barney financial advisor David Sheinheit. Specifically, we are investigating whether Mr. Sheinheit inappropriately invested a retired investor’s retirement assets and/ or failed to implement a hedging strategy discussed by Mr. Sheinheit and the investor.
According to his FINRA Broker Report, Mr. Sheinheit is a financial advisor in Morgan Stanley Smith Barney’s Aventura, Florida office. Prior to working for Morgan Stanley Smith Barney, Mr. Sheinheit was a registered-representative with Citigroup Global Markets and Prudential Securities.
If you have any information that may assist The White Law Group in its investigation into Mr. Sheinheit’s trading practices, please contact our Chicago office at 312-238-9650.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida. With over 30 years of securities law experience, including experience working at FINRA (f/k/a the NASD) and the SEC, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions. The firm primarily handles these cases on a contingency fee. For more information on The White Law Group, please visit our website at http://www.whitesecuritieslaw.com.
Vail, Colorado Securities Fraud / Broker Fraud Attorney
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with over thirty years securities law experience, including experience at FINRA (f/k/a the NASD) and the SEC.
The firm has offices in Chicago, Illinois and Boca Raton, Florida because of the obvious benefits of being located so close to the FINRA Dispute Resolutions offices in those cities (FINRA’s Southeast headquarters is located at Boca Center Tower 1, 5200 Town Center Circle, Boca Raton, FL 33486- less than one mile from our office, and FINRA’s Midwest headquarters is located at 55 West Monroe Street, Suite 2600, Chicago, IL 60603-1002- close to the firm’s Chicago office).
Having our offices located so close to FINRA’s regional headquarters has its advantages, particularly since all cases filed in the southeast portion of the United States are administered out of FINRA’s Boca Raton, Florida Dispute Resolution office, and all cases in the Midwest portion of the United States are administered out of FINRA’s Chicago, Illinois Dispute Resolution office.
Although located in Chicago, Illinois and Boca Raton, Florida, The White Law Group handles securities fraud cases throughout the country and Colorado, including reviewing securities fraud cases in Vail, Aspen, Telluride, Keystone, Winterpark, Breckenridge, Golden, Boulder, and Denver. With over 30 years of securities law experience, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions. To contact The White Law Group, please call 312-238-9650. Or, for more information about The White Law Group or securities fraud, you can also visit our website at http://www.whitesecuritieslaw.com.
Grand Rapids, Michigan Securities Fraud / Broker Fraud Attorney
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with over thirty years securities law experience, including experience at FINRA (f/k/a the NASD) and the SEC.
The firm has offices in Chicago, Illinois and Boca Raton, Florida. The White Law Group has its offices in Chicago, Illinois and Boca Raton, Florida because of the obvious benefits of being located so close to the FINRA Dispute Resolutions offices in those cities (FINRA’s Southeast headquarters is located at Boca Center Tower 1, 5200 Town Center Circle, Boca Raton, FL 33486- less than one mile from our office, and FINRA’s Midwest headquarters is located at 55 West Monroe Street, Suite 2600, Chicago, IL 60603-1002- close to the firm’s Chicago office).
Having our offices located so close to FINRA’s regional headquarters has its advantages, particularly since all cases filed in the southeast portion of the United States are administered out of FINRA’s Boca Raton, Florida Dispute Resolution office, and all cases in the Midwest portion of the United States are administered out of FINRA’s Chicago, Illinois Dispute Resolution office.
Although located in Chicago, Illinois and Boca Raton, Florida, The White Law Group handles securities fraud cases throughout the country and Michigan, including reviewing securities fraud cases in Grand Rapids, Kalamazoo, Holland, Lansing, Kentwood, Detroit, Ann Harbor, Flint, and Traverse City. With over 30 years of securities law experience, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions. To contact The White Law Group, please call 312-238-9650. Or, for more information about The White Law Group or securities fraud, you can also visit our website at http://www.whitesecuritieslaw.com.
Representing Foreign Investors In FINRA Arbitrations
It is not uncommon for foreign investors to seek to establish an investing relationship with a United States based broker-dealer (either because the client is seeking the security of investing in U.S. investments, or because these firms provide the client with the ability to discreetly invest their assets outside of their home country).
Whether the client realized it or not when establishing their account with these U.S. broker-dealers, the client likely signed an arbitration agreement requiring them to submit to FINRA arbitration in the event of a dispute. In so doing, the client agreed to resolve any dispute (including a claim related to investment losses) through FINRA’s Dispute Resolution process.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida. The firm represents foreign investors in claims against their U.S. brokerage firm in such FINRA arbitrations.
The Firm has its offices in Chicago, Illinois and Boca Raton, Florida because of the obvious benefits of being located so close to the FINRA Dispute Resolutions offices in those cities (FINRA’s Southeast headquarters is located at Boca Center Tower 1, 5200 Town Center Circle, Boca Raton, FL 33486- less than one mile from our office, and FINRA’s Midwest headquarters is located at 55 West Monroe Street, Suite 2600, Chicago, IL 60603-1002- close to the firm’s Chicago office).
Having our offices located so close to FINRA’s regional headquarters has its advantages, particularly since FINRA assigns cases to the FINRA office closest to where the client resides. For example, an investor residing in Central or South America will typically have their case assigned to FINRA’s Boca Raton, Florida Dispute Resolution office with the hearing conducted in Miami. As such, having our office located in Boca Raton has huge benefits in administering these cases. Additionally, Rose M. Schindler, who is Of Counsel to The White Law Group, is the former Regional Director of FINRA Dispute Resolution’s Boca Raton office.
We have reviewed cases on behalf of many foreign investors with claims against United States brokerage firms, including reviewing claims on behalf of investors residing in Colombia, Argentina, Brazil, Venezuela, Costa Rica, Puerto Rico, the Virgin Islands, Bolivia, Ecuador, Paraguay, Uruguay, and Chile. These claims often involve large American brokerage firms servicing Latin American investors from their offices in Miami, firms such as Merrill Lynch, Morgan Stanley Smith Barney, Wachovia, Wells Fargo, Ameriprise, and UBS.
With over 30 years of securities law experience, including experience working at FINRA (f/k/a the NASD) and the SEC, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions.
To contact The White Law Group, please call 312-238-9650. Or, for more information about The White Law Group or securities fraud, you can also visit our website at http://www.whitesecuritieslaw.com.
James Cordell Wisdom III, formerly of Natcity Investments, Inc., barred from securities industry.
FINRA recently announced that James Cordell Wisdom III, formerly a financial advisor with Natcity Investments, Inc. in Norwood, Ohio, has been barred association with any FINRA member in any capacity. Without admitting or denying the findings, Wisdom consented to the described sanction and to the entry of findings that he executed an unauthorized sale of shares of a mutual fund in a customer’s account without the customer’s knowledge or authorization. The findings also stated that Wisdom wired the sale proceeds from the customer’s account into a bank account he established in the customer’s name without the customer’s knowledge or authorization. Finally, the findings stated that when Wisdom established the account, he listed himself as the signatory on the account and subsequently withdrew $2,800 from the bank account and used it for personal use.
According to his FINRA Broker Report (CRD), it appears that prior to working as a financial advisor with Natcity Investments, Wisdom was a registered-representative with Merrill Lynch in Cincinnati, Ohio.
If you have questions regarding investments you made with James Cordell Wisdon, or if you believe that you have been the victim of a securities fraud, The White Law Group may be able to help. The White Law Group is a national securities fraud, securities arbitration and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida. The firm has over 30 years of experience reviewing securities fraud claims and handles matters throughout the country and Ohio, including reviewing securities fraud cases in Norwood, Cincinnati, Covington, Hamilton, Middletown, and White Oak. To contact the firm, please call 312-238-9650. Or, for more information on The White Law Group, please visit our website at http://www.whitesecuritieslaw.com.