Former Hauppage, New York financial advisor Joel Benanti (CRD# 4210681) was under investigation for undisclosed outside business activities and private...
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Robert David: Farmington Hills Financial Advisor Fired By Morgan Stanley
Carlson Law, P.A. is currently representing investors in an arbitration against Morgan Stanley relating to its former financial advisor, Robert David. The case filed by Carlson Law relates to losses from junk bonds. Robert David was discharged from Morgan Stanley on or around March 5, 2019, for “allegations related to [David] entering inaccurate client… Read More »
Nicolas Barrios – UBS Advisor Barred by Regulators & Fired by UBS
Nicolas Barrios, former Winter Haven, Florida UBS branch manager and financial advisor has been barred by the Financial Industry Regulatory Authority (FINRA) on June 11, 2019. This comes just months after he was terminated by UBS for stating during a firm review that he: (a) he arranged for a client to invest away from… Read More »
Gary Pevey: Financial Advisor Suspended For 12 Months Relating to Woodbridge Notes
Today the Financial Industry Regulatory Authority released a Letter of Acceptance, Waiver and Consent, suspending Sacramento-based financial advisor Gary Pevey for 12 months and fining him $10,000. According to the public document, Pevey sold $1.1 million of promissory notes of the Woodbridge Group of Companies LLC to 15 investors. Five of the investors were… Read More »
Paul Wishingrad: Beverly Hills UBS Financial Advisor Suspended
Paul Wishingrad, a Beverly Hills-based financial advisor for UBS Financial Services, has been suspended for 15 days and fined $5,000 by the Financial Industry Regulatory Authority (FINRA), which is the regulatory body that oversees financial advisors and brokerage firms. This comes approximately 19 months after a $39,500 settlement was paid to a former client… Read More »
Joe Varghese: Prudential Financial Advisor Barred By Regulators
Joe Varghese, a former Prudential financial advisor in Howard Beach, New York, has been barred for life by the Financial Industry Regulatory Authority – the agency that oversees brokerage firms and their employees. This comes approximately nine months after he resigned from his employment with Prudential (Pruco Securities). According to public records, Varghese resigned… Read More »
Abraham Biderman: Palladium Capital Advisors Managing Director Barred
Abraham Biderman, former Managing Director of Palladium Capital Advisors of New York, New York, was barred by FINRA as a result of failing to comply with FINRA’s investigation related to allegations that Biderman potentially participated in private securities transactions. In February 2018, Biderman was terminated by Palladium over suspicion of “possible violation of The Firm’s… Read More »
Joseph Clottey: Georgia Financial Advisor Barred By Regulator
Joseph Clottey of Lawrenceville, Georgia has been barred by the Financial Industry Regulatory Authority (FINRA) as of June 19th, 2018. This comes after his employment was terminated by Merrill Lynch for “making incomplete entries to an internal tracking system of client opportunities, resulting in otherwise unearned compensation.” Subsequently, FINRA made multiple requests for Clottey to appear on… Read More »
Steven Knutilla: Perham, Minnesota Financial Advisor Barred By Regulator
Steven Knuttila, formerly of Capital Financial Services Inc. in Perham, Minnesota, has been barred from the securities industry by FINRA (the financial industry regulator) as of June 19, 2018, over its investigation related to customer disputes alleging unsuitability, breach of fiduciary duty, common law fraud, breach of contract, negligent supervision, and more. According to… Read More »
Guillermo Valladolid: Morgan Stanley Advisor Barred By Regulator
Guillermo William Valladolid, a former financial advisor in Morgan Stanley’s La Jolla, California, office, has been barred by the Financial Industry Regulatory Authority (FINRA). This comes after Valladolid was discharged from Morgan Stanley for “allegations involving [Valladolid’s] outside business activities.” FINRA began an investigation into Valladoid shortly after his July 2017 termination from Morgan… Read More »
Alfredo Collazo: JP Morgan Advisor Complaints
Alfredo Collazo, a JP Morgan financial advisor in the firm’s Coral Gables, Florida branch, has five customer complaints on his regulatory report. All five of the complaints are from September 2015 to July 2016. Four of the complaints are still pending. On July 26, 2016, a customer alleged that Collazo “recommended that he purchase… Read More »
