Port Washington, Wisconsin financial advisor Paul Baldino (CRD# 2024264) allegedly made excessive trades, according to a recent investor complaint. Financial...
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Benjamin Bourgeois: Former Commonwealth Advisor Barred by Regulator
Former Louisiana Commonwealth Financial Network broker and investment adviser Benjamin Bourgeois (CRD# 2145555) has been barred from acting as a broker or otherwise associating with a broker-dealer firm, as the result of a sanction over allegations involving the potential conversion of firm funds. Bourgeois was employed at Commonwealth Financial Network in Metairie, Louisiana from… Read More »
Marc Greenberg: $15 Million Complaint Against JH Darbie Broker
Pending investor complaints against JH Darbie & Company broker Marc Greenberg (CRD# 2276287) describe activity including supervisory failures and violations of securities rules. One such pending complaint alleges damages of $15 million. Mr. Greenberg is employed with JH Darbie & Company in New York, New York, where he has been employed since 2016, according… Read More »
Scott Kaup: Complaint Against Summit Advisor Settles for $998,000
Investor complaints against Nebraska-located Summit Brokerage Services broker and investment adviser Scott Kaup (CRD# 1002907) describe activity including unsuitable recommendations, due diligence failures, material misrepresentations, fraud, and more. These complaints include one that settled for $998,000. Mr. Kaup is employed with Summit Brokerage Services in Stuart, Nebraska, where he has been employed since 2016,… Read More »
R. Douglas Armstrong: Investor Complaints Against Dawson James Broker
Investor complaints filed against Florida Dawson James broker R. Douglas Armstrong (CRD# 5236735) describe activity including unsuitable investment recommendations, incomplete disclosures, negligence, misrepresentations and omissions, and more. One such pending complaint alleges damages exceeding $100,000. Armstrong is registered with Dawson James in Boca Raton, Florida, where he has been employed since 2012, according to… Read More »
Chris Bennett: Former Hilliard Lyons Advisor Barred by Regulator
Former Hilliard Lyons broker and investment adviser Chris Bennett (CRD#: 2510231) was barred by the Financial Industry Regulatory Authority in February 2019 as the result of his allegedly unauthorized use of discretion in customer accounts. The former Louisville, Kentucky-based representative additionally has more than a dozen settled or pending customer complaints listed on his… Read More »
Cheryl Stallings: Former Kestra Advisor Barred by Regulator
Former Kestra Investment Services broker and investment adviser Cheryl Stallings (CRD# 1162913) was barred by the Financial Industry Regulatory Authority in November 2018 as the result of allegations she failed to disclose her receipt of power of attorney status for one of her customers, causing her former member firm LPL Financial’s inability to properly… Read More »
Bhenoy “Ben” Dembla: Former Merrill Lynch Adviser Barred by Regulator
Former Illinois Merrill Lynch broker and investment adviser Bhenoy “Ben” Dembla (CRD# 4357042) was barred by the Financial Industry Regulatory Authority in February 2019 over allegations he created “fictitious mutual fund sell orders.” Additionally, customer complaints filed against Dembla allege excessive trading and unsuitable investments, including in unit investment trusts (UITs) and mutual funds…. Read More »
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 »
