Selling Away

Former Summit Equities, Inc. Broker Thomas Stappas Barred by FINRA for Selling Away

Posted on Tuesday, November 19th, 2019 at 2:42 pm    

Former Summit Equities, Inc. broker Thomas Stappas (CRD# 855198) was barred by FINRA for selling away. Stappas was registered with Summit Equities, Inc. in Parsippany, New Jersey from 1993 to 2018, when he was terminated regarding, “Engaging in an outside business activity and private securities transaction without disclosing to the firm in violation of FINRA […]

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Barred Broker: Former Transamerica Financial Advisors, Inc. Broker Michael Mackay

Posted on Tuesday, November 19th, 2019 at 2:30 pm    

Did you lose money investing with former Transamerica Financial Advisors, Inc. broker Michael Mackay (CRD# 2279775)? Mackay was registered with Transamerica Financial Advisors, Inc. in Cincinnati, Ohio from 2012 to 2019, when he was terminated regarding, “The firm received allegations from two customers that the Representative had referred them to an outside investment opportunity that […]

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Texas Broker Stephen Hoshimi $23 Million in Settled Customer Complaints

Posted on Thursday, September 5th, 2019 at 8:25 pm    

Erez Law is currently investigating Texas broker Stephen Hoshimi (CRD# 1977772) regarding engaging in outside business activities, which is also known as selling away. Since 2009, Hoshimi has received 37 customer complaints that were settled for a total of more than $23 million. Selling away is the inappropriate practice of a broker who sells or […]

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Did Former HD Vest Investment Services Broker Thomas Laws Recommend Unsuitable Santa Fe Gold?

Posted on Wednesday, July 24th, 2019 at 8:55 pm    

Former HD Vest Investment Services broker Thomas Laws (CRD# 4494448) is alleged to recommend unsuitable Santa Fe Gold Corporation investments. Laws was registered with HD Vest Investment Services in Silver City, New Mexico from 2006 to 2017. In April 2019, FINRA barred Laws after he consented to the sanction and to the entry of findings […]

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Former UBS Financial Services Inc. Broker Nicolas Barrios Barred by FINRA for Selling Away

Posted on Saturday, July 20th, 2019 at 8:05 pm    

Erez Law is currently investigating former UBS Financial Services Inc. broker Nicolas Barrios (CRD# 2122824), who was recently barred by FINRA, regarding selling away. Barrios was registered with UBS Financial Services Inc. in Winter Haven, Florida from 2008 to May 2019, when he was terminated regarding, “Producing Branch Manager (“PBOM”) was discharged after stating during […]

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Barred Broker: Former Ameritas Investment Corp. Broker James Anderson

Posted on Saturday, July 20th, 2019 at 11:58 am    

Were you the victim of former Ameritas Investment Corp. broker James Anderson (CRD# 4803514)? Anderson has been registered with Ameritas Investment Corp. in Dakota Dunes, South Dakota from 2004 to 2019, when he was terminated regarding, “Upon conclusion of internal investigation, Registered Representative was found to have engaged in the sales of Indexed Annuities and […]

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Former LPL Financial LLC Broker Mark Lamkin Recovery Loss Options

Posted on Tuesday, July 9th, 2019 at 8:12 pm    

There are options for customers of former LPL Financial LLC broker Mark Lamkin (CRD# 2121510) who suffered investment losses. Lamkin has been registered with Calton & Associates, Inc. in Louisville, Kentucky since December 2018. Previously, Lamkin was registered with LPL Financial LLC in Louisville, Kentucky from 2001 to 2018, when he was terminated regarding, “Allegations […]

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Former UBS Financial Services Inc. Broker Nicholas Barios Barred by FINRA for Unauthorized Trades

Posted on Tuesday, June 25th, 2019 at 8:55 pm    

Were you the victim of former UBS Financial Services Inc. broker Nicholas Barios (CRD# 2122824)? Barios was registered with UBS Financial Services Inc. in Winter Haven, Florida from 2008 to 2019, when he was terminated regarding, Producing Branch Manager (“PBOM”) was discharged after stating during Firm review: (1) he arranged for client to invest away […]

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Barred Broker: Former American Portfolios Financial Services, Inc. Financial Advisor Mark Hopkins

Posted on Monday, June 10th, 2019 at 1:45 pm    

Former American Portfolios Financial Services, Inc. financial advisor Mark Hopkins (CRD# 2653473) was barred by FINRA for accepting customer funds for an investment not on the books. Hopkins was registered with American Portfolios Financial Services, Inc. in Grand Blanc, Michigan from 2009 to 2018, when he was terminated regarding, “RR accepted customer funds for an […]

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Barred Broker: Former American Portfolios Financial Services, Inc. Financial Advisor Mark Hopkins

Posted on Tuesday, June 4th, 2019 at 8:47 pm    

Former American Portfolios Financial Services, Inc. financial advisor Mark Hopkins (CRD# 2653473) was barred by FINRA for accepting customer funds for an investment not on the books. Hopkins was registered with American Portfolios Financial Services, Inc. in Grand Blanc, Michigan from 2009 to 2018, when he was terminated regarding, “RR accepted customer funds for an […]

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