LPL Financial Fined $3 Million: E-Signature Allegations

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LPL Financial agreed last year to pay a $3 million fine imposed by the Financial Industry Regulatory Authority. According to a Letter of Acceptance, Waiver, and Consent (No. 2020067897601) released in July 2023, FINRA alleged that the form failed to establish and maintain supervisory procedures governing customer fund transfers to third parties. It also alleged […]

Vincent Fuchs Allegedly Engaged in Unapproved Business Activity

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Vincent Fuchs (CRD# 6602274), formerly a broker registered with Steward Partners, participated in an unapproved outside business activity, according to a recent sanction. MDF Law is investigating the Fort Worth, Texas-based adviser, currently registered with Texas Capital Bank, for similar conduct. If you have concerns about investments in your accounts, call us for a free […]

David Slater Allegedly Improperly Shared Commissions

David Slater (CRD# 2061869), a broker registered with Chelsea Financial Services, improperly shared commissions from securities transactions, according to a regulatory action. MDF Law is investigating the Staten Island, New York-based financial professional for similar conduct. If you have concerns about investments in your accounts, contact us for a free consultation. More information about the […]

Christian de Berardinis Allegedly Engaged in Unapproved Offering

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Christian de Berardinis (CRD# 4312327), formerly a broker registered with Morgan Stanley, participated in an unapproved private securities offering, according to a recent regulatory action. MDF Law is investigating the West Palm Beach, Florida-based Aperture Advisors representative for similar conduct. If you suffered losses investing with him, contact our law firm for a free and […]

Bill Conn: Investor Disputes Settled for 7 Figures

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Bill Conn (CRD# 1477107), a broker registered with International Assets Advisory, was involved in an investor dispute that settled for more than $1 million. This dispute can be found in his BrokerCheck profile, a Financial Industry Regulatory Authority (FINRA) record accessed on August 2, 2023. As this record reflects, the San Francisco financial professional was […]

Azmi Sharif Terminated by LPL Over Outside Business Activities

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On December 20, 2022, LPL Financial announced it terminated Azmi Sharif (CRD # 2343413).  Mr. Sharif previously worked for LPL Financial in Elmhurst, Illinois.  He is also affiliated with Sharif Wealth Strategies, Inc.  This article is based on information that was gathered from FINRA BrokerCheck as of March 9, 2023. If you lost money investing […]

Former Wells Fargo Adviser Robert Player Has History of Disclosures

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Robert Player (CRD# 2122678), an investment professional formerly registered with Wells Fargo, has been involved in customer disputes alleging his actions resulted in losses. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on April 7, 2022, he was previously based in Wells Fargo’s office in Garden City, New York. Customers: Player Made […]

Robert Abee Has a History of Problems with Customers and Regulators

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Former Raleigh, North Carolina based broker Ronald Abee (CRD# 862576) has been involved in a customer dispute and a regulatory sanction. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on March 2, 2022, he was the president of Oxford Investment Group, which offers securities through Cambridge Investment Research. North Carolina Regulators Fined […]

Former Morgan Stanley Broker David Snell Involved in Multiple Investor Settlements

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Former Morgan Stanley broker David Snell (CRD# 1270233) has been involved in customer complaints alleging various forms of misconduct. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on February 14, 2022, he was registered with the firm’s Perrysburg, Ohio office until earlier this year. He is currently not registered as a broker […]

Cory Bataan Has History of Customer Complaints and Settlements

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Cory Bataan (CRD# 2755223) has been involved in customer disputes and a regulatory sanction over allegations of misconduct. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on February 8, 2022, Mr. Bataan was most recently affiliated as a broker with Terranova Capital Equities in New York City. He is not currently registered […]