Articles Posted in Suspended

Mark FlanaganPublic records published by the Financial Industry Regulatory Authority (FINRA) on July 17, 2018 indicate that former Illinois-based Citigroup Global Markets broker/adviser Mark Flanagan has been sanctioned by FINRA and suspended from acting as a broker. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Flanagan (CRD# 1949836).

Mark Flanagan has spent 13 years in the securities industry and was most recently registered with Citigroup Global Markets in Highland Park, Illinois (2014-2017). Previous registrations include Wells Fargo Advisors in Lake Forest, Illinois (2011-2014); Fifth Third Securities in Lake Forest, Illinois (2006-2011); UVest Financial Services Group in Chicago, Illinois (2005-2006); TCF Securities in Minneapolis, Minnesota (2002-2003); and Oppenheimer & Company (1989-1990). He has passed three securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on November 15, 2005; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 10, 2005; and Series 7 (General Securities Representative Examination), which he obtained on September 6, 2005. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received four customer complaints and two regulatory sanctions.

Hector RamosPublic records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on June 27, 2018 indicate that New York-based Westpark Capital broker/adviser Hector Ramos has received a customer dispute and a FINRA sanction. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Ramos (CRD# 4172477).

Hector Ramos has spent 18 years in the securities industry and has been registered with Westpark Capital in New York, New York since 2016. Previous registrations include Bishop Rosen & Company in New York, New York (2014-2016); Morgan Stanley in New York, New York (2011-2014); Merrill Lynch in New York, New York (2008-2011); Morgan Stanley & Company in New York, New York (2007-2008); Morgan Stanley DW in New York, New York (2007); ING Financial Partners in New York, New York (2006-2007); AIG Financial Advisors in New York, New York (2005-2006); SunAmerica Securities in Phoenix, Arizona (2002-2005); and Prudential Securities in New York, New York (2000-2002). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on July 24, 2000; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 8, 2000; Series 31 (Futures Managed Funds Examination), which he obtained on February 23, 2007; and Series 7 (General Securities Representative Examination), which he obtained on June 17, 2000. He is a registered broker and investment adviser with three US states: California, New Jersey, and New York.

According to his BrokerCheck report, he has received one customer complaint, one FINRA sanction, and one unsatisfied civil judgment or lien, and he was discharged from a former employer in connection to alleged rule violations.

Ricky HigginsPublic records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on June 18, 2018 indicate that South Carolina-based First Heartland Capital broker/adviser Ricky Higgins, who was recently sanctioned by FINRA and suspended from acting as a broker, is involved in a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Higgins (CRD# 1726947).

Ricky Higgins has spent 30 years in the securities industry and has been registered with First Heartland Capital in Spartansburg, South Carolina since 2016. Previous registrations include ProEquities in Spartansburg, South Carolina (2012-2016); First Heartland Capital in Spartansburg, South Carolina (1999-2012); and Pruco Securities Corporation (1987-1999). He is a registered broker and investment adviser with eight US states: Virginia, Tennessee, South Carolina, North Carolina, New Mexico, Nevada, Georgia, and Florida.

According to his BrokerCheck report, he has received one FINRA sanction and one pending customer complaint, and he was terminated from his former employer in connection to alleged rule violations.

GettyImages-84178122-300x200Public records provided by the Financial Industry Regulatory Authority and accessed on May 15, 2018, indicate that more than two dozen brokers and/or investment advisers were reported as suspended from association with FINRA member firms in that month. The financial professionals enumerated below have signed letters of Acceptance, Waiver, and Consent (AWC Letters) agreeing to the sanctions; they have not admitted to or denied the conduct alleged by FINRA. Certain suspensions may affect the individual’s operation in a principal capacity, other capacities, or all capacities, and some may have lifted before or since FINRA’s report was published. Additionally, the fines documented below may not take into account all monetary penalties paid by the representatives, as they may also have been ordered to pay disgorgement and/or restitution to other parties. Visit FINRA’s disciplinary actions homepage for additional information.

 

Name Current/Former Employers Length of Suspension Fines paid
Napoleon Seymour Andrews  Nationwide Securities 2 months $5,000
Choosri Lao KCD Financial 2 months $5,000
Christine Alexandria Murphy Innovation Partners 1 month $5,000
Claudio Leonardo Villa JP Morgan Securities 18 months $10,000
Ellen Marie Scambia Merriman Capital 20 days (principal capacity) $5,000
Kevin C. Yang Morgan Stanley 20 days 5,000
Timothy John Beall National Planning Corporation 9 months $10,000
Omer Ozeren Ace Diversified Capital 3 months $10,000
Douglas Fairchild Bradley UBS Financial Services 45 days $10,000
Ricardo Alfredo Estrada MML Investors Services 2 months $5,000
Michael Murphy Hurtgen Girard Securities 2 months $5,000
William Bernard Lyons ACGM 3 months (principal capacity) $10,000
Michael Douglas Hanke Ameriprise Financial Services 1 month $10,000
Donald Charles Leary Jr. New Albion Partners 2 months $7,500
Peter Michael Torabkhan Allied Millennial Partners 10 days $2,500
Michael Anthony McGregor Aegis Capital 4 months $5,000
Martin Earl Brooks United Planners’ Financial Services of America 15 days $5,000
Michael Scott Androulakis Alexander Capital 3 months $5,000
Craig Dean Blattner Cetera Advisors 15 days $5,000
Phillip Paul Tibbetts Pruco Securities 20 days $5,000
Frank Bazan BBVA Securities 7 months $20,000
Dennis Ernest Beeby Lightpath Securities 8 months $10,000
Paul Kreindler Pace Capital 2 months $15,000
Lisa C. Piazza Morgan Stanley 4 months $2,500
Mark Jude Ketner PHX Financial 2 months $5,000
Robert Mark Malbasa AllState Financial Services 3 months $5,000
William Patrick Slattery Lampert Capital Markets 5 months $12,500

 

Ryan Lawson

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on July 6, 2017 indicate that former Kentucky-based US Bancorp Investments broker/adviser Ryan Lawson has been sanctioned by FINRA and suspended from acting as a broker. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Lawson (CRD# 4959209).

Ryan Lawson has spent 11 years in the securities industry and was most recently registered with US Bancorp Investments in Scottsville, Kentucky (2016). Previous registrations include LPL Financial in Bowling Green, Kentucky; BB&T Investment Services in Bowling Green, Kentucky; Edward Jones in Bowling Green, Kentucky; and Source Capital Group in Bowling Green, Kentucky. He is currently not registered with any state or firm.

According to his BrokerCheck report, Ryan Lawson has been sanctioned by FINRA and resigned from his former employer.

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