California Securities Fraud Attorney Call Today 800-699-1881
California Securities Fraud Lawyer Firm Overview Attorney Profiles Recoveries Obtained Frequently Asked Questions Testimonials Contact Us
information center
Attorney Advertising Disclaimer
Securities
Broker Misrepresentation
Brokerage Firms Sued
FINRA
Structured Products
Hedge Fund Losses
Recognizing Investment Losses
Recovery of Investment Loss
Securities Arbitration
Reverse Convertible
Misconduct
Securities Fraud
Securities Mediation
Securities Litigation
Stock/ Investment Losses
Suitability/ Unsuitability
Unauthorized Trading
Common Claims
Products
Frequently Asked Questions
Attorney Referrals
Video Center
securities fraud blog

Categories

legal blog Click here for a free case evaluation. Read our Articles on Securities Related Issues here. have a question resources
contact us
Name:
Email:
Phone:
Are you a new client?
Message:
10 Avvo avvo badge
If you need help recovering your losses contact us today. View our complete list of brokerage firms and banks we've sued.

Blog Posts in January, 2018

FINRA to Flag Brokers as High-Risk Due to Association with Recidivist Reps, Fraudulent Firms

In a video segment, A Few Minutes with FINRA, Executive Vice President and Head of FINRA Member Regulation Mike Rufino introduced the regulator's High-Risk Registered Representative Program, in ...
Continue reading "FINRA to Flag Brokers as High-Risk Due to Association with Recidivist Reps, Fraudulent Firms" »

JP Morgan's Farid Morim Barred After Conversion Investigation

FINRA barred Farid Morim, formerly Vice President of JP Morgan's Beverly Hills, California branch, after a lengthy investigation into allegations that Morim converted customer assets and engaged ...
Continue reading "JP Morgan's Farid Morim Barred After Conversion Investigation" »

SEC Charges Woodbridge Group of Companies in 'Massive' $1.2 Billion Ponzi Scheme Targeting 8,400 Investors

The SEC formally charged Woodbridge Group of Companies and owner Robert H Shapiro of Sherman Oaks, California and Aspen, Colorado with securities fraud, ordering their assets frozen and alleging the ...
Continue reading "SEC Charges Woodbridge Group of Companies in 'Massive' $1.2 Billion Ponzi Scheme Targeting 8,400 Investors" »

Joseph Farah Barred for Unsuitable and Excessive Trading, Undisclosed Outside Business Activity, and Misrepresentations

FINRA barred Joseph C. Farah, formerly of Gold Coast Securities in Irvine, California, for excessive and unsuitable trading in a customer's account, failing to notify his firm of discretionary ...
Continue reading "Joseph Farah Barred for Unsuitable and Excessive Trading, Undisclosed Outside Business Activity, and Misrepresentations" »

CFP Board Suspends Charles Frieda Following FINRA Overconcentration Bar

A month after FINRA barred former Wells Fargo representatives Charles Henry Frieda and Charles Bernard Lynch for unsuitably over concentrating customer funds in speculative oil and gas industry ...
Continue reading "CFP Board Suspends Charles Frieda Following FINRA Overconcentration Bar" »

Ameriprise's Lorene Fairbanks Sanctioned for Unauthorized Loan from Customer, Violative Text Messages

FINRA fined and suspended former Ameriprise Financial Services representative Lorene Fairbanks aka Lorene Fairbanks Miller for improperly borrowing money from a client, and for exchanging business ...
Continue reading "Ameriprise's Lorene Fairbanks Sanctioned for Unauthorized Loan from Customer, Violative Text Messages" »

Charles Dixon Barred After Termination from Morgan Stanley for Unauthorized Trading

FINRA barred former Morgan Stanley broker Charles Albert Dixon after he refused to cooperate with an investigation into his termination from the firm based on allegations that he employed discretion ...
Continue reading "Charles Dixon Barred After Termination from Morgan Stanley for Unauthorized Trading" »

Sandeep Varma Cited for Misleading Estate Planning Seminar Communications

FINRA sanctioned former LPL Financial and present FSC Securities Corporation (both of San Diego, CA) broker Sandeep Varma for multiple violations related to seminar slide show presentations he ...
Continue reading "Sandeep Varma Cited for Misleading Estate Planning Seminar Communications" »

Richard Foster Sanctioned for Unsuitable IRA Liquidation Recommendation, Risky ETF Trading Strategy

FINRA fined and suspended former Cetera Investment Services broker Richard Charles "Chuck" Foster for unsuitably recommending that a customer liquidate an IRA, and using the proceeds to ...
Continue reading "Richard Foster Sanctioned for Unsuitable IRA Liquidation Recommendation, Risky ETF Trading Strategy" »

FINRA Bars Matthew Kerby After Allegations He Converted Elderly Client's Funds for Personal Use

Two months after Edward Jones discharged broker Matthew Donald Kerby for misusing client funds for his own benefit, FINRA permanently barred Kerby from the financial industry for refusing to cooperate ...
Continue reading "FINRA Bars Matthew Kerby After Allegations He Converted Elderly Client's Funds for Personal Use" »

Linked to Dawn Bennett $20 Million Fraud Investigation, FINRA Bars Bradley Mascho for Failing to Cooperate

FINRA barred former Western International Securities broker Bradley Carl Mascho for refusing to cooperate with an investigation into SEC allegations that he aided and abetted DJB Holdings aka ...
Continue reading "Linked to Dawn Bennett $20 Million Fraud Investigation, FINRA Bars Bradley Mascho for Failing to Cooperate" »

Punished by California Bureau of Real Estate, Guillermo Valladolid Barred for Undisclosed Outside Business Activity

FINRA barred former Morgan Stanley broker Guillermo William Valladolid after he refused to provide requested information to investigators as they were investigating allegations that he improperly sold ...
Continue reading "Punished by California Bureau of Real Estate, Guillermo Valladolid Barred for Undisclosed Outside Business Activity" »

FINRA's 2018 Priorities Include Suitability, Cryptocurrency, High-Risk Brokers & Firms, Microcap/Penny Stocks, and Margin

FINRA released its annual regulatory and examination priorities letter for 2018, highlighting several points of emphasis for the regulator in the new year. Key in this list are sales practice concerns ...
Continue reading "FINRA's 2018 Priorities Include Suitability, Cryptocurrency, High-Risk Brokers & Firms, Microcap/Penny Stocks, and Margin" »

Ameriprise's Larry Boggs Barred for Churning Elderly Client Accounts, Improperly Changing Customer Objectives

FINRA barred former Ameriprise Financial and Wedbush Securities broker Larry Martin Boggs for excessively and unsuitably trading five elderly customers' accounts while associated with Amerprise of ...
Continue reading "Ameriprise's Larry Boggs Barred for Churning Elderly Client Accounts, Improperly Changing Customer Objectives" »

Citigroup Sanctioned $11.5 Million for Displaying Inaccurate Equity Research Ratings, Such as "Buy" When the Firm Meant "Sell"

FINRA fined Citigroup Global Markets $5.5 million and ordered the firm to pay $6 million to retain customers as compensation for displaying inaccurate research ratings for equity securities, such as ...
Continue reading "Citigroup Sanctioned $11.5 Million for Displaying Inaccurate Equity Research Ratings, Such as "Buy" When the Firm Meant "Sell"" »

John William Bernard Sanctioned for Unauthorized Exercise of Discretion at LPL Financial

FINRA fined and suspended former LPL Financial and Independent Financial Group broker John William "Bill" Bernard for improperly exercising discretion while associated with LPL Financial of ...
Continue reading "John William Bernard Sanctioned for Unauthorized Exercise of Discretion at LPL Financial" »

Raymond James Fined $2 Million for Failing to Supervise E-mail Communications

FINRA fined Raymond James $2 million after finding that a flawed e-mail review system allowed millions of e-mails to evade adequate review, creating "unreasonable risk" that misconduct by ...
Continue reading "Raymond James Fined $2 Million for Failing to Supervise E-mail Communications" »

JP Morgan Fined $2.8 Million for Customer Protection Deficiencies, Flawed Systems, and Supervisory Failures

FINRA fined JP Morgan Securities $2.8 million for multiple rules violations related to the SEC's Customer Protection Rule and related supervisory regulations, writing that the firm's ...
Continue reading "JP Morgan Fined $2.8 Million for Customer Protection Deficiencies, Flawed Systems, and Supervisory Failures" »

Goldman Sachs Structured Products, Reverse Convertibles, Suitability, and the Fiduciary Rule

Structured products, including reverse convertibles—fee-based, fixed income products—can pose supervisory challenges for firms. When it comes to matters of suitability, as evidenced by a ...
Continue reading "Goldman Sachs Structured Products, Reverse Convertibles, Suitability, and the Fiduciary Rule" »

Merrill Lynch Continues Choice-of-Law Provisions Despite of Industry Discipline and Admonishment

For over two decades, Merrill Lynch has attempted to limit customer rights and/or evade state laws best suited toward consumer protection through using choice-of-law provisions, inserted in customer ...
Continue reading "Merrill Lynch Continues Choice-of-Law Provisions Despite of Industry Discipline and Admonishment" »
accolades
The Law Offices of Jonathan W. Evans & Associates - California Securities Fraud Attorney
Located at 12711 Ventura Boulevard, Suite #440 Studio City, CA 91604. View Map
Phone: (800) 699-1881 | Local Phone: (818) 760-9880.
Website: