Houston, Texas financial advisor Kim Tran (CRD# 5575725) was recently sanctioned and suspended in connection with alleged rule violations. Financial Industry...
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Scott Riley: Edward Jones Financial Advisor Suspended
A disciplinary action taken by the Financial Industry Regulatory Authority against Hooksett, New Hampshire broker and investment advisor Scott Riley (CRD# 5178446) suspended him over allegations he engaged in unauthorized trading. A representative of Edward Jones, Riley was suspended for three months. According to a Letter of Acceptance, Waiver and Consent (No. 2017055611501) dated… Read More »
Craig Zabala: FINRA Bars New York City Financial Advisor
A disciplinary action taken by the Financial Industry Regulatory Authority against former New York City broker Craig Zabala (CRD# 5653949) barred him after finding he failed to provide documents and information connected with its examination of allegations he engaged in private securities transactions. A former representative of John W. Loofbourrow Associates, Zabala was barred… Read More »
Arlyn Stokesbary: Slayton, Minnesota Financial Advisor Suspended
A disciplinary action taken by the Financial Industry Regulatory Authority against former Slayton, Minnesota broker and investment advisor Arlyn Stokesbary (CRD# 1717430) suspended him over allegations he improperly exercised discretion in 20 customers’ accounts. A former representative of Thrivent Investment Management, Stokesbary was suspended for 15 days and ordered to pay a fine of… Read More »
Vitthal Patel: Denville, New Jersey Financial Advisor Suspended
A disciplinary action taken by the Financial Industry Regulatory Authority against former Denville, New Jersey broker and investment advisor Vitthal Patel (CRD# 1775477) suspended him over allegations he forged customer signatures. A former representative of PFS Investments, Patel was suspended for six months and ordered to pay a fine of $5,000. According to a… Read More »
Luis Gonzalez: Complaints Against San Juan Financial Advisor
Settled and pending investor complaints against former San Juan, Puerto Rico broker Luis Gonzalez (CRD#: 2778967) allege conduct including suitability violations, over-concentration, misrepresentations, and more. Gonzalez is a former representative of UBS Financial Services, according to information drawn from Financial Industry Regulatory Authority records. A pending 2019 complaint alleged that as a representative of… Read More »
Frank Hamrak: Complaints Against New York City Financial Advisor
Investor complaints against former New York City broker and investment advisor Frank Hamrak (CRD#: 1385077) allege conduct including unsuitable investment recommendations, breach of contract, negligence, and more. Hamrak is a former representative of Beech Hill Securities, according to information drawn from Financial Industry Regulatory Authority records. A 2018 complaint alleged that as a representative… Read More »
Mark Augusta: Complaints Against Del Mar, California Financial Advisor
Settled and pending complaints against Del Mar, California broker and investment advisor Mark Augusta (CRD#: 1333913) allege conduct including unauthorized trading, unsuitable investment recommendations, negligence, and more. Augusta is a representative of Hilltop Securities, according to information drawn from Financial Industry Regulatory Authority records. A pending 2019 complaint alleged that as a representative of… Read More »
Michael Bressman: SEC Complaint Against Chatham Financial Advisor
A pending civil complaint by the Securities and Exchange Commission against former Chatham, New Jersey broker and investment advisor Michael Bressman (CRD# 873973) alleges he participated in a fraudulent investment scheme that generated ill-gotten gains of at least $700,000. A former representative of FCG Advisors, Bressman is currently not registered with any FINRA member… Read More »
David Silberg: Garden City Financial Advisor Sanctioned
A disciplinary action taken by state securities authorities against Garden City, New York broker and investment advisor David Silberg (CRD# 1970484) sanctioned him in connection to allegations of forgery, misrepresentations, unauthorized trading, and more. A representative of Allied Millennial Partners, Silberg was placed on heightened supervision for two years. Dated September 2018, the action… Read More »
GPB Holdings Complaints: Madison Avenue, Bankers Life Securities
Two broker-dealer firms have come under scrutiny for their role in selling investments in GPB Capital Holdings, according to a September 25, 2019 report by the Press Herald. Madison Avenue Securities, headquartered in San Diego, California, and Bankers Life Securities, headquartered in Chicago, Illinois have received complaints alleging they recommended unsuitable investments in the… Read More »
