Broker-Dealer, Newbridge Securities | Financial Advisor IQ | Alex Padalka | October 1, 2019 Finra has fined a Florida-based broker-dealer $225,000 for alleged failures to supervise the sales of complex investment products, the industry’s self-regulator says. From July 2013 to July 2015, Newbridge Securities allegedly failed to...

Newbridge Securities | Investment News| Sep 27, 2019 @ 2:20 pm The Financial Industry Regulatory Authority Inc. has censured Newbridge Securities and fined the Boca Raton, Fla.-based firm $225,000 for having failed to adequately supervise the sale of complex securities such as structured notes and leveraged, inverse...

Harbor Capital (Fairport, NY), Same Brokerage Responsible for Retired Teacher's $450,000 Award, Back in the Cross-Hairs. ROCHESTER, NY (December 1, 2017) -- Similar to the investment advice received by retired teacher Libby Jachles (recently awarded over $450,000 by a Financial Industry Regulatory Authority ("FINRA") Arbitration Panel) from Harbor Capital...

Woodbridge Mortgage Investment Fund— Unlicensed Individuals to Sell Unregistered Securities Woodbridge Mortgage Investment Fund Allegedly Implemented Unlicensed Individuals to Sell Unregistered Securities Woodbridge Mortgage Investment Fund of Sherman Oaks, California, has fallen under regulatory actions following allegations that the firm purportedly used unlicensed individuals to sell unregistered securities,...

Sylvester King Jr. Allegedly Participated in Private Securities Transactions with a Startup Internet Branding Company, Global Village Concerns, Inc. or GVC; King Allegedly Sold over $5 Million Unregistered, Illiquid Securities to NFL Players and Other Customers Sylvester King Jr., starting in 2009 and continuing into 2012,...

Gopi Krishna Vungarala Allegedly Made False and Misleading Statements to a Native American Tribe and Purportedly Persuaded the Tribe to Invest Hundreds of Millions of Dollars in Non-traded Real Estate Investment Trusts and Business Development Companies but Failed to Disclose that He and His Firm Received Commissions on...

American Portfolios Financial Services, Inc. of Holbrook (NY) Found Liable [Rochester, NY] Jason Kane of Peiffer Wolf Carr & Kane's victory for Elizabeth (Libby) Jachles was recently picked up and covered by 13WHAM in Rochester, NY. Libby Jachles is a retired Brighton teacher who sought financial advice because she...