South Florida Arbitration & Litigation Lawyer Blog

FINRA Arbitration Fraudulent Promissory Note and Negligent Supervision Attorney, Russell L. Forkey, Esq. August, 2011: Joseph Andrew Sugg II (CRD #5061692, Registered Representative, Flower Mound, Texas) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Sugg…

FINRA Arbitration Mutual Fund Switch and Fraud Arbitration Attorney, Russell L. Forkey, Esq. August, 2011: Shane Anthony Sterling (CRD #4640502, Registered Representative, Pleasant Hill, Iowa) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Sterling consented…

FINRA Breach of Fiduciary Duty and Fraud Arbitration Attorney, Russell L. Forkey, Esq. August, 2011: Alan English Smith (CRD #2201854, Registered Principal, Los Altos, California) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Smith provided partial responses to FINRA requests for information and failed to…

FINRA Oil and Gas Limited Partnership Suitability and Fraud Arbitration Attorney, Russell L. Forkey, Esq. August, 2011: Priscilla G. Sabado (CRD #4650234, Registered Representative, Irvine, California) submitted a Letter of Acceptance, Waiver and Consent in which she was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Sabado…

FINRA Securities Fraud and Mismanagement Arbitration Attorney, Russell L. Forkey, Esq. August, 2011: Jose Salvador Rubio (CRD #1854133, Registered Representative, Miami, Florida) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Rubio failed to respond to FINRA requests to appear for on-the-record testimony. (FINRA Case #2009018879801).

FINRA Arbitration Attorney, Russell L. Forkey, Esq., Helping Customers Seek to Recover Losses from Loans made to Account Executives. August, 2011: Jared Austin Poe (CRD #4884505, Registered Representative, Marina Del Rey, California) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $10,000, suspended from association with any FINRA member in any…

FINRA Arbitration Attorney, Russell L. Forkey, Esq. Failure of Firm to Perform and/or to Negligently Perform Due Diligence Regarding Private Placements Offered to Customers. August, 2011: Leroy Henry Paris II (CRD #1130854, Registered Principal, Jackson, Mississippi) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $10,000 and suspended from association with…

FINRA Arbitration Attorney for Foreign Investors Dealing with FINRA Licensed Brokerage Firms and Account Executives. August, 2011: Faran S. Kassam (CRD #4816180, Foreign Associate, London, England) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Kassam failed to respond to FINRA requests for information and documents…

FINRA Private Placement and Variable Annuity Fraud Attorney, Russell L. Forkey, Esq. August, 2011: Richard Arnold Hansen (CRD #236308, Registered Principal, Villanova, Pennsylvania) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Hansen consented to the…

FINRA Negligence and Mismanagement Arbitration Attorney, Russell L. Forkey, Esq. August, 2011: Kirk Loring Gravelle (CRD #2580309, Registered Representative, Macclenny, Florida) was fined $10,000, suspended from association with any FINRA member in any capacity for five business days and required to requalify by examination. The sanctions were based on findings that Gravelle mismarked customer orders…