Tag Archives: Miami FINRA Arbitration Attorney
MORGAN STANLEY OWES $4.2 MILLION TO FORMER PROFESSIONAL ATHLETE AND A MEGA BALL LOTTERY WINNER
FINRA arbitration panel finds Morgan Stanley negligently supervised Financial Advisor who put clients’ money into Miami Beach hip-hop nightclub. On December 26, 2018, FINRA released an arbitration award against Morgan Stanley awarding $3,332,000 to James Groves, a Mega Ball Lottery winner in 2013, and $879,000 to Asante Samuel, who retired in 2013 from the… Read More »
SEC Files Bond Fraud Charges Against South Florida Company
On August 14th, 2018, the Securities and Exchange Commission (SEC) announced investment fraud charges against two companies and eighteen different individuals. One of the investment firms, Core Management Performance, LLC (CPM), is based in Boca Raton, Florida, and was operated by four South Florida individuals: James Scherr of Boca Raton, FL; Deborah Dora of… Read More »
Broward County Brokerage Firm Fined $125,000 Inadequate Supervisory System
Recently, the Financial Industry Regulatory Authority (FINRA) issued a $125,000 fine against TradeStation Securities, Inc. (CRD #39473), a brokerage firm headquartered in Plantation, Florida. This broker-dealer has been in business since 1995 and is licensed to operate in 51 American states and U.S. territories. According to FINRA investigators, TradeStation Securities executed extended hours trades… Read More »
Palm Beach Gardens Brokerage Firm Fined for Overcharging Customers
On February 20th, 2018, the Financial Industry Regulatory Authority (FINRA) announced sanctions against GWN Securities, Inc. (CRD#: 128929), a brokerage firm based in Palm Beach Gardens, Florida. This broker-dealer employs more than 600 securities representatives nationwide and is licensed to operate in all 50 States. According to FINRA investigators, GWN Securities, Inc. failed to… Read More »
