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Wedbush Securities

January 25, 2019 Unauthorized Trading, Suitability, and Customer Abuse Complaints Catch Up to Wedbush's William Mark Heiden of Southern California
June 20, 2019 Wedbush's Latest Penalty is an $8.1 Million SEC Fine for Improper Handling of ADRs
May 28, 2019 Wedbush/Hilltop Securities Broker Mark Augusta Accused of Fraud, Financial Elder Abuse
March 26, 2019 Broker Bonuses and Forgivable Loans - When Brokers Place Personal Profits Above Client Interests, a William Mark Heiden Case Study
January 09, 2023 Wells Fargo & Wedbush's Richard Blosser Barred During Investigation into Stock & Closed Fund Sales
August 12, 2022 Fired from Raymond James, Wedbush Hires Michael Paul Massey & William Romans, Brokers Accused in Pending Case of Drug Charges
December 30, 2021 Wedbush Securities to Pay $1.2 Million Over Unregistered Microcap Sales
August 24, 2020 FINRA Bars Terminated Brokers Lau, Winters, for Failing to Provide Information
August 20, 2020 Wedbush's David Hirons Accused of Unauthorized Trading
May 15, 2020 Ameriprise Broker Arthur Hoffman Barred Following Fraud Complaint, Investigation
April 20, 2020 Wedbush Broker James Richards Cited for Supervision Failure Over Multi-Million Dollar Margin Deficits
March 28, 2018 SEC Charges Wedbush Securities with Failing to Supervise Timary Delorme in Penny Stock Market Manipulation Scheme
February 12, 2018 Wedbush Fined $1.5 Million Over Customer Protection and Supervisory Failures
January 10, 2018 Ameriprise's Larry Boggs Barred for Churning Elderly Client Accounts, Improperly Changing Customer Objectives
November 22, 2017 Ex-Morgan Stanley Rep Timothy T Gibbons Suspended, to Pay $737,000 for Unsuitable Oil & Gas Over-Concentration in Elderly Accounts
October 25, 2017 SLCG Study Finds Aegis Capital, Newbridge Securities Employ Most Brokers with History of Complaints
November 01, 2016 Unsuitable and Risky Oil and Gas Sales and Plummeting Energy Investments Cost Elderly Clients Millions of Dollars in Losses
September 12, 2016 Jonathan W. Evans & Associates is Investigating Claims Against William Mark Heiden & Wedbush Securities over Energy Stock Overconcentration
July 18, 2016 Wedbush Drops Appeal of $1 Million Fine for "Egregious" and "Willful" Blue Sheet Failures
April 13, 2016 Former Wedbush Associate Shiva Naby Fined $25k & Suspended for Falsifying MSRB Documents
March 23, 2016 Wedbush Securities Fined $675,000 for Supervisory Violations in 'Chronic' ETF Delivery Failures, Short Sales
December 17, 2014 Wedbush Ordered to Pay $350,000+ After Losing FINRA Appeal
November 21, 2014 SEC Fines Wedbush $2.4 Million for Market Access Violations as FINRA Complaint Awaits
August 18, 2014 FINRA Charges Wedbush Securities with Insufficient Controls, Leading to Manipulative Trades
February 20, 2014 Former Wedbush Securities Rep Karen Ann Mendez Barred for Misappropriation of Funds, Falsified Records
December 30, 2013 Bambi Holzer Barred for Unsuitable Provident Royalties Sales, Failure to Disclose and Submission of False Information
October 29, 2013 About Time: FINRA Files Complaint Alleging Unsuitable Recommendations, Falsification of Records After Beverly Hills Broker Bambi Holzer Suspended From Industry
April 25, 2013 Sean Placido Rodriguez Suspended, Fined and Ordered to Pay Partial Restitution for Unauthorized Trading