Former LPL Brass, James “Jeb” Bashaw, Allegedly Terminated for Selling Away Shares

ohio stockbroker fraud attorneys

Linsco Private Ledger (LPL) financial advisor James “Jeb” Bashaw, of Houston, Texas, was given the sack by LPL after several allegations surfaced that Bashaw had participated in private securities transactions without providing written disclosure to, and obtaining written approval from LPL, according to his report on Central Registration Depository (CRD). LPL’s supervision of Bashaw was… Read more »

Direct Invest Part of $8 Million Real Estate Investment Dispute

Cleveland stockbroker fraud lawyer

Several claimants brought forth multiple causes of action, among which were fraud, negligence, and elder abuse, arising in connection with their real estate investments in Direct Invest, LLC, according to a Financial Industry Regulatory Authority (FINRA) Arbitration Statement of Claim filed in January 2011 and amended afterward. The investments also reportedly include Heron Cove LLC… Read more »

Ricky Eugene Bell Barred For Soliciting Customers into Outside Lending Program, Borrowing Money Without Proper Notification, Allegedly

Cleveland stockbroker fraud attorney

Ricky Eugene Bell, formerly registered at Cape Fear Securities, Inc. (CFS), Fayetteville, North Carolina, failed to inform CFS of an arbitration claim filed against him by his prior firm, for borrowing funds from several clients, not disclosing the loans to CFS, and failing to adequately perform client service functions, a FINRA Department of Enforcement Complainant… Read more »

Susan Springsteen Accused of Participating in $355,000 Securities Sale Without Proper Notification

ohio stockbroker fraud attorneys

Susan Lynn Springsteen, of Morgan Stanley in Bryn Mawr, Pennsylvania, participated in private securities transactions, and failed to disclose outside business activities to her firm, a FINRA Letter of Acceptance, Waiver and Consent (AWC) alleges. In June 2011, while Springsteen was associated with Morgan Stanley and working as a Registered Marketing Advisor for nth-Solutions LLC,… Read more »