Apr 15th, 2015

West Hills Financial Advisor Busted for False and Reckless Advertising

According to FINRA, Jonathan Jay Greenfield made reckless material misrepresentations in emails to customers regarding the features of GWG Holdings, Inc. (“GWG”) Renewable Secured Debentures (“Debentures”). […]
Apr 13th, 2015

Calabasas Stockbroker Charged with Stock Manipulation

FINRA alleged that Scott Neal Glazer engaged in matched trading in an attempt to manipulate the price of National Technical Systems, Inc. (“NTSC”) stock and avoid […]
Apr 9th, 2015

Visalia Stockbroker Transfers Half A Million Dollars Using Forged Signatures

Bruce Robert Geiger, a stockbroker at Thrivent Investment Management, Inc. (“Thrivent”), is accused of altering forms and forging signatures on life insurance related documents to process […]
Apr 7th, 2015

Manteca Financial Advisor Barred From Securities Industry For Taking Money From Client’s Account

Randall A. Samson (“Mr. Samson”), a financial advisor with Ameriprise Financial Services, Inc. (“Ameriprise”), was barred from association with any FINRA member after transferring funds out […]
Apr 7th, 2015

Norcross Stockbroker Suspended for Failing to Disclose Outside Business Ventures

Sunil Sachdeva of Norcross, Georgia was fined $10,000 and suspended for participating in outside business activities while willfully concealing the information from his employer. An employee […]
Apr 6th, 2015

California Financial Advisor Issues Private Securities Without Reporting To Firm, Putting Investors At Risk

A financial advisor in Aptos, California has allegedly made private transactions without the permission of his firm. Daniel McCourt, while working for Foothill Securities, Inc., began […]
Apr 6th, 2015

Financial Advisor With Morgan Stanley Engages In Unauthorized Trading

A financial advisor with Morgan Stanley has been punished for making sale transactions in an investor’s account, without the investor’s consent. Shawn Richardson forced the investor […]
Apr 4th, 2015

Irvine Stockbroker Fails to Reveal Tax Liens

Mark Cox (“Cox”) and PFS Investments, Inc. (“PFS”) received a fine and suspension for failing to disclose IRS tax liens on his Form U4, withholding crucial […]
Apr 3rd, 2015

National Securities Corporation Fined for Failure to Report Customer Complaints

National Securities Corporation (“National”) was reprimanded and fined for failing to file customer complaints and settlements with the Financial Industry Regulatory Authority (“FINRA”). National, a member […]
Apr 2nd, 2015

Danville Financial Advisor Violates FINRA Rules, Putting Investors At Risk

A Danville financial advisor with Grigsby & Associates, Calvin Grigsby, has been fined $10,000 for deliberately violating FINRA rules by acting as a Financial and Operations […]