FINRA has censured Newbridge Securities and fined the firm $225,000 for failing to adequately supervise the sale of complex securities. The Sonn Law Group is[...]
Broker / Advisor Investigations
Cristina Sabengsy allegedly forged signatures of three of her insurance customers on fourteen insurance and variable annuity policy documents without their permission. The Sonn Law[...]
FINRA alleges that between September 2015 and November 2017, Lamont engaged in unapproved private securiteis transacitons involving the sale of promissory notes relating to Woodbridge[...]
Michael Sims was accused by clients of recommending inappropriate investments. The Sonn Law Group is investigating allegations of misconduct against former broker Michael Sims. Under[...]
Rafael Golan was barred by FINRA in January 2019 after refusing to respond to FINRA’s request for more information The Sonn Law Group is investigating[...]
Multiple customers of Steven Reznick experienced investment losses due to his recommendation that they invest in an over-concentrated portfolio of pharmaceutical and biotechnology stocks. The[...]
The SEC obtained a partial summary judgment against Westport Capital Markets, LLC and Christopher E. McClure after allegations that they breached fiduciary duties and defrauded[...]
The FINRA complaint alleges that Money Concepts was encouraging its representatives to sell expensive and illiquid private placements like GPB Capital to customers The Sonn[...]
The SEC alleges that Fernandez and Denizard misappropriated more than $1 million for their own use and operated numerous Ponzi schemes. The Sonn Law Group is[...]
Jeffrey Vasiloff, terminated by LPL Financial in July 2018, consented to FINRA findings that he exercised discretion in a client’s account without authorization from the client.[...]