Ernest Romer has been barred by FINRA Update August, 2017: Michigan seeks cease and desist, intent to bar. On August 16, 2017 the state of Michigan’s Securities Division issued a notice of intent to revoke the securities licensing of Ernest Romer and asked that a cease and desist order be…
William Jordan Investments Barred by California DBO; Bankruptcy Filing! On August 16, 2017 the State of California’s Department of Business Oversight announced a consent order and issued a bar which prevents William Jordan Investments from acting as an investment advisor or a broker dealer in California. The Order also bars…
Kevin Wanner barred over CD sales In January, 2016 FINRA barred broker Kevin Wanner formerly of Questar Capital Corporation and Woodbury Financial for his role in brokering certificates of deposit and selling unregistered securities. In August, 2017 the North Dakota Securities Department made findings that Kevin Wanner, doing business as…
Jacqueline Georgio, Paul Howard, Bryan Perderson and RBC Capital Markets hit with large FINRA Award In August, 2017, a FINRA arbitration panel sitting in Cheyenne, Wyoming issued a $569,000 binding arbitration award against Jacqueline Georgio (aka Jacqueline Westover) Paul Howard, Bryan Pederson and RBC Capital Markets. The award also provided…
On June 7, 2017 Thunder Energies Corporation, a Tarpon Springs Florida corporation, stock symbol TNRG, announced an unregistered issuance of equity securities. The restricted securities were issued pursuant to approval from the board of directors to Dr. Santilli and Carla Santilli in lieu of payment of accrued salary. As a…
In July, 2017, a FINRA arbitrator panel sitting in New York, NY issued a $2.6 million binding arbitration award against Northeast Securities a FINRA registered broker dealer. The award was joint and several against Northeast Securities and registered reps Stephen Perrone, Diane Hawkins and Jonathan Zucker. The award includes nearly…
In July, 2017, a FINRA arbitrator panel sitting in Los Angeles, CA issued a $1,797,100 binding arbitration award against Wedbush Securities a FINRA registered broker dealer. The award included nearly $1.2 million in punitive damages pursuant to the California Elder Abuse and Dependent Adult Act. The panel also added nearly…
Former Orem, Utah broker Clark Gardner has been barred by FINRA and the SEC In June, 2016 the SEC announced a bar against former Sammons Securities and Cetera Advisors broker Clark Gardner. This followed on the heels of a bar issued by FINRA in 2014. The FINRA bar related to…
Vincent Mehdizadeh agrees to a ban, and a $12 million fine to settle SEC charges related to Medbox. In March, 2017 entrepreneur Vincent Mehdizadeh agreed to settle charges brought by the SEC against him and his company Medbox, a legal Marijuana consulting company (now known as Notis Global- ticker symbol…
Bart Ellis pleads guilty to defrauding clients In July, 2017 former Ameriprise Financial broker Bart Ellis plead guilty to money laundering and defrauding his clients in a case involving over one million dollars. Ellis will be sentenced on October 2 where he faces up to 10 years in prison for…