FINRA took action against Richard Mireles, a supervisor at Independent Financial Group. Mireles faced penalties for a $2 million churning violation. The excessive trading led to $2.2 million in fees and losses for customers. FINRA fined Mireles $5,000 and suspended him for four months. This happened between July 2020 and December 2022. Mireles broke FINRA’s […]
FINRA Imposes Fine On Supervisor For $2M Churning Violation Read More »
In a recent development, a serious allegation has been made against Alex Sanchez, a broker and investment advisor associated with Wells Fargo Clearing Services, LLC. The customer dispute, filed on March 13, 2024, alleges misrepresentation regarding a managed account investment. The activity dates mentioned in the complaint are October 26, 2021. The details of the
Wells Fargo Advisor Alex Sanchez Accused of Misrepresenting Managed Account Investment Read More »
In a recent development that has sent shockwaves through the investment community, a serious allegation has been leveled against Angelo Talebi, a former broker associated with Independent Financial Group, LLC. The gravity of this case cannot be overstated, as it has the potential to significantly impact investors who entrusted their hard-earned money to Talebi and
Centaurus Financial, Inc. (CRD 30833) and its registered representative, Kelley Slaught (CRD 1126586), are currently facing a serious customer dispute allegation. The complaint, filed on March 13, 2024, alleges that in April 2019, Slaught recommended an unsuitable, high-risk, illiquid investment and breached her fiduciary duty to the customer. This pending case has the potential to
In a recent development that has sent shockwaves through the investing community, a serious allegation has been leveled against financial advisor Michael McFeeley and his firm, Lincoln Financial Advisors Corporation. The claimant alleges that McFeeley recommended an unsuitable oil and gas investment, raising concerns about the advisor’s due diligence and the suitability of the investment