Charges have recently been filed by the Securities and Exchange Commission (SEC) against Chicago-based broker Bradley Allen Goodbread, earlier associated with LPL Financial. Goodbread is accused of defrauding a senior client with dementia out of $1.3 million. Sadly elder financial abuse is growing. Elder financial abuse can occur when an adult misappropriates or uses an […]
Established in 1984, Aegis Capital Corporation is a comprehensive retail and institutional broker-dealer headquartered in New York. They provide a broad spectrum of investment products and services as brokers and advisors. The firm recently faced sanctions from the Financial Industry Regulatory Authority (FINRA), triggered both by a client’s complaint of churning and a subsequent internal
Aegis Capital Corp Fined $2.8M For Excessive Trading and Unsuitability Read More »
The FINRA has permanently barred James Blake Daughtry from broker activities after he was found to have committed multiple securities law violations. Daughtry was first sanctioned by the INRA in 2016 when he was suspended from acting as a broker for a period of six months. Dotham, Alabama based financial advisor (FA) James Blake Daughtry,
FINRA Bars James Blake Daughtry After Securities Law Violations Read More »
Our law firm is getting calls from people that invested in Sierra Income Corporation, a non-traded business development company (BDC). In 2019 there was a merger with Medley Capital, income, but for original investors who paid at or near $10.00/share for Sierra Income, there are currently significant investment losses to consider. Unfortunately, Sierra Income Corp
Sierra Income Corporation Losses Continue For Investors (Medley Capital) Read More »
A number of firms including UBS, Morgan Stanley, and Bank of America, have been asked by regulators to pay approximately $1.8 billion in the form of penalties for their failures with regard to the preservation of electronic communications of employees. The subject is one that regulators have been concerned about for several years. The levy