Investment Fraud Lawyers

LPL Financial Complaint “FINRA” Leads to John Simmons Getting Barred

Failure to provide requested information and documents to the regulator has earned LPL financial advisor John E. Simmons Jr. an automatic debarment from the industry. It appears that a letter from the self-regulating organization FINRA (Financial Industry Regulatory Authority) was sent to Simmons in February asking for information pertaining to the investigations it was carrying […]

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O.N. Equity Sales Company (ONES) Fined by FINRA and Pay $1 Million Restitution

O.N. Equity Sales Company (ONES) is the latest broker-dealer to be found guilty of lack of supervision of its brokers by the Financial Industry Regulatory Authority (FINRA). The result is a fine of $275,000 and an order to pay restitution to impacted customers, amounting to over a million dollars, including interest. This is as per

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FiNet Financial Advisor Gary Len Wells Suspend By FINRA and Fined

Gary Len Wells, a Tacoma, Washington-based advisor of Wells Fargo Advisors has been suspended by the Financial Industry Regulatory Authority (FINRA). This is in addition to the imposition of a $20,000 fine. The disciplinary action has been taken against Wells for violating the policies of Wells Fargo as well as industry rules that govern potential

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Morgan Stanley Smith Barney Stockbroker David Fenning Complaints Filed

Morgan Stanley Smith Barney Complaints: Stockbroker David Fenning

Morgan Stanley Smith Barney stockbroker David W. Fenning (CRD#1005307) discloses 5 customer disputes on his FINRA record. Four of the disclosed cases have been settled while one is still open. Brokerage firms and stockbrokers are licensed and regulated by the Financial Industry Regulatory Authority (FINRA). FINRA regulations require members to mandatorily make certain disclosures like

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UBS Yield Enhancement Strategy Lawsuit "FINRA": Jose Cornide Complaint

UBS Yield Enhancement Strategy Lawsuit “FINRA” Against Jose Cornide

The first lawsuit against financial advisor Jose Cornide (CRD#: 2785918), a representative of UBS Financial Services (CRD# 8174) accused of “unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy” was file by an attorney in April 2019, representing a client. The damages claimed are $10,000,000 and the options

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