Port Washington, Wisconsin financial advisor Paul Baldino (CRD# 2024264) allegedly made excessive trades, according to a recent investor complaint. Financial...
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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 »
Jose Casellas: Merrill Lynch Advisor Complaint
Jose Casellas, a Merrill Lynch financial advisor registered in the firm’s Miami, Florida and Guaynabo, Puerto Rico offices, currently has a pending $2 million customer complaint on his regulatory record. The customer alleged “misrepresentation and unsuitable investment recommendations from 2010 to 2016.” The complaint, filed on September 18, 2017, is in the form of… Read More »
Juan Herrans: Merrill Lynch Advisor Has 3 Complaints
Juan Herrans (full name Juan Guillermo Herrans Barreras) of Merrill Lynch in Guaynabo, Puerto Rico and Miami, Florida, has three customer complaints on his Brokercheck report maintained by the Financial Industry Regulatory Authority. Two of the complaints settled for a total of $305,000, and a third is still pending. The first complaint, dated April… Read More »
Richard Reiss: Merrill Lynch Advisor Has 2 Pending Complaints
Richard Reiss, a Merrill Lynch financial advisor in Guaynabo, Puerto Rico, and Miami, Florida, has two pending complaints disclosed on his regulatory record. Both complaints are in the form of arbitrations pending with the Financial Industry Regulatory Authority. On June 9, 2016, a customer alleged “unsuitable investment recommendations, excessive trading and misrepresentation and omission… Read More »
