A recent investor complaint against Lenexa, Kansas financial advisor James Blalock (CRD# 7385122) alleges theft from a customer’s account. Financial...
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FINRA Censures Axiom Capital Management: True Pharmastrip Fraud
A recent Financial Industry Regulatory Authority enforcement action against New York City broker-dealer firm Axiom Capital Management (CRD# 26580) alleges that the firm failed to conduct reasonable ongoing diligence into a private placement offering. FINRA records show that Axiom operates four branches with a total of 30 registered representatives.
FINRA Bars Westport Advisor Jeffrey Basford: Energy Investments
Former David Lerner Associates financial advisor Jeffrey Basford (CRD# 5077566) has been barred by securities regulators in connection to allegedly unsuitable trading. Financial Industry Regulatory Authority records show that the former Westport, Connecticut broker has also received multiple recent investor complaints, one of which reached a settlement of more than $200,000.
Mark Horstmann: Wealth Management Group Advisor Has $100K Complaint
Gladstone, Missouri financial advisor Mark Horstmann (CRD# 4079505) recently received an investor complaint alleging his advice resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is a broker and investment advisor with Cambridge Investment Research, doing business as Wealth Management Group of KC.
Robert Nevarez: Investor Complaint Against Nevarez Wealth Advisor
Irvine, California financial advisor Robert Nevarez (CRD# 4039930) allegedly recommended an unsuitable investment, according to a recent investor complaint against him. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Dempsey Lord Smith, doing business as Nevarez Wealth Management.
Shawn Parker: REIT Complaints, FINRA Bar, CFP Board Suspension
Former Ameriprise Financial Services advisor Shawn Parker (CRD# 1768234) has received investor complaints alleging her REIT and variable annuity recommendations resulted in losses. Financial Industry Regulatory Authority records show that the former Schaumburg, Illinois broker and investment advisor was also the subject of a recent FINRA sanction barring her from acting as a broker.
William Roach: $159K Investor Complaint Against Duluth Advisor
NYLife Securities financial advisor William Roach (CRD# 1102421) recently received an investor complaint alleging his advice resulted in six-figure losses. Financial Industry Regulatory Authority records show that Mr. Roach is currently registered as a broker in Duluth, Minnesota.
Philip Riposo: Complaints Against Riposo Asset Management Advisor
Philip Riposo (CRD# 400056), a financial advisor formerly associated with United Planners Financial Services, was recently barred over findings he refused to cooperate with an investigation into his conduct. Financial Industry Regulatory Authority records show that he was most recently registered as a broker in Cave Creek, Arizona, where he did business as Riposo… Read More »
Stephen Gladstone: FINRA Bars Liberty Associates Advisor
Former New York City financial advisor Stephen Gladstone (CRD# 222612) was recently sanctioned by securities regulators investigating his potential participation in undisclosed private securities transactions. Financial Industry Regulatory Authority records show that he was most recently registered as a broker with Liberty Associates, having previously affiliated with firms like OBEX Securities and Noble Financial… Read More »
Blakely Page: FINRA Suspends Bryn Mawr Advisor over Hedge Fund Stats
Securities regulators recently sanctioned Blakely Page (CRD# 2922955), formerly a representative of Spouting Rock Capital Advisors. Financial Industry Regulatory Authority records show that the former Bryn Mawr, Pennsylvania-based broker and investment advisor allegedly made negligent representations to investors.
Steven Hirata: FINRA Sanctions, Bars Ex-PFS Investments Advisor
Former Fresno financial advisor Steven Hirata (CRD# 1188927) was recently sanctioned by the Financial Industry Regulatory Authority for allegedly refusing to cooperate with an investigation into his conduct. FINRA records show that the former PFS Securities broker is currently barred from acting as a broker or otherwise associating with a broker-dealer firm.
