Ethan Binnion is currently not a registered representative of any broker-dealer but was associated with Waddell and Reed. This was after he had been discharged from his previous firm, Edward Jones, on account of “using money from his Business Expense Plan (BEP) … in violation of the terms of the plan,” as per FINRA (Financial […]
Edward Jones Advisor Ethan Binnion Suspended Read More »
With a history dating back to 1984, Todd Petersen is a veteran of the securities industry. However, it is his recent history, with eight customer disputes logged on his BrokerCheck Record in 2020, that is attracting attention, for the wrong reasons. He was discharged by SCF Securities, Inc. with whom he was a registered representative
SCF Securities Advisor Todd Petersen Complaints Read More »
According to the Financial Industry Regulatory Authority (FINRA), Eugene Arthur McAdams (C.R.D. #: 419021), a broker with Joseph Stone Capital, has reportedly been barred from working in the securities industry. FIRNA claims they barred McAdams after he purportedly refused to provide on-the-record testimony as requested by the regulator. FIRNA is investigating the suitability of the
Joseph Stone Capital Financial Advisor Eugene McAdams Barred Read More »
NYLIFE Securities listed representative, Felix Chu, is facing allegations of defrauding two customers, where the plaintiffs are asking for $5,230,000 in restitution. The Financial Industry Regulatory Authority (FINRA) has barred Felix last year. The regulator presented claims against Felix for defrauding investors, including senior citizens, by operating a Ponzi scheme around promissory notes. According to
NYLIFE Securities Advisor Felix Chu Accused In A $5 Million Ponzi Scam Read More »
Past actions seem to be catching up fast with Durham, NC resident Greg Lindberg, already in prison for bribery, wire fraud, and conspiracy to commit honest services fraud. The owner of bankrupt Northstar Financial Services (Bermuda) has been slapped with a lawsuit for payment of $524 million to honor an agreement between PB Life and
Northstar Financial Services (Bermuda) Lawsuit Filed For +$500 Million Read More »