South Florida Arbitration & Litigation Lawyer Blog

FINRA Arbitration Mismanagement, Failure to Supervise and Fraud Lawyer, Russell L. Forkey, Esq. June, 2011: Robert Joseph Oftring (CRD #1058581, Registered Principal, Worcester, Massachusetts, licensed with Capital Securities Management, Inc.) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any principal…

FINRA Arbitration Securities Mismanagement and Fraud Attorney, Russell L. Forkey, Esq. June, 2011: Kirk Kenneth Kepper (CRD #2980989, Registered Representative, Baton Rouge, Louisiana, formerly licensed with Park Avenue Securities, LLC.) 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…

FINRA Arbitration, Securities Fraud and Mismanagement Lawyer, Russell L. Forkey, Esq. June, 2011 FINRA Enforcement Action: Jeremy Kenneth Kelter (CRD #843565, Registered Principal, Lake Worth, Florida, formerly licensed with Sagepoint Financial, Inc.) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in…

Securities Fraud FINRA Arbitration Lawyer, Russell L. Forkey, Esq. June, 2011: Darren Joseph Dietrich (CRD #1814017, Registered Representative, Plant City, Florida, formerly licensed with Brookstone Securities, Inc.) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Dietrich failed to appear and testify at FINRA on-the-record interviews.…

Securities Fraud FINRA Arbitration Attorney, Russell L. Forkey, Esq. June, 2011: Michael Asher Dagnan (CRD #4060750, Registered Representative, Arlington, Texas, formerly licensed with Woodbury Financial Services, Inc.) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Dagnan failed to respond to FINRA requests for information regarding…

FINRA Securities Fraud Arbitration Lawyer, Russell L. Forkey, Esq. June, 2011: Scott William Coy (CRD #2441990, Registered Representative, Irwin, Pennsylvania, formerly licensed with Centaurus Financial, Inc. and Questar Capital Corporation) 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…

FINRA Securities Arbitration Lawyer, Russell L. Forkey, Esq. June, 2011: Uzo Omar Chima (CRD #3067054, Registered Principal, Baltimore, Maryland, formerly licensed with SunTrust Investment Services) submitted an Offer of Settlement in which he was fined $75,000, suspended from association with any FINRA member in any capacity for two years, and ordered to pay $12,443.73, plus…

FINRA Securities Arbitration Attorney, Russell L. Forkey, Esq. June, 2011: John Brady Benson Sr. (CRD #18588, Registered Representative, Minneapolis, Minnesota, formerly licensed with Morgan Stanley Smith Barney) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 45 days.…

FINRA Arbitration Lawyer, Russell L. Forkey, Esq. June, 2011: Shanoa Adrianne Rose Akins (CRD #4552640, Associated Person, Sunrise, Florida) 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, Akins consented to the described sanction and to…

Florida FINRA Arbitration Attorney, Russell L. Forkey, Esq. Recently, The Financial Industry Regulatory Authority Inc. (FINRA) created an online data base, which contains more information about its disciplinary actions. The new Disciplinary Actions Online database, provides access to FINRA complaints against firms and individual brokers, settlement agreements (known as Letters of Acceptance Waivers and Consent,…