Michael Donnelly, Owner of Coastal Investment Advisors, Charged in Fraud

Michael Donnelly charged in $2 Million Dollar Investment Fraud Michael Donnelly, the former president of Wilmington, Del.-based Coastal Investment Advisors Inc. and its affiliated broker-dealer, allegedly engaged in a nearly $2 million fraud scheme. According to SEC documents currently under review by Peiffer Wolf Carr & Kane attorney Jason Kane, Donnelly allegedly provided investors with false account… Read more »

Michael Donnelly Allegedly Converted Client Funds, Failed to Cooperate With FINRA

Rochester stockbroker fraud attorney

The Peiffer Wolf Carr & Kane investment fraud attorneys are currently reviewing the case of Michael Donnelly, who has been under recent scrutiny from FINRA. Michael Donnelly, formerly an SEC registered financial advisor employed by Coastal Investment Advisors (CIA) in Wilmington, District of Columbia with over 22 years of experience, was barred by FINRA for allegedly converting… Read more »