First Republic Securities faces a $1 million arbitration case, due in part to their use of an investment strategy called “Harvest Volatility Management.” Harvest Volatility Management uses a risky overlay strategy to generate a return on investments. Certain investors have alleged that representatives described the strategy as low risk, with the promise of a 5%…

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Serge Parakhnevich (CRD #: 5493064), a broker registered with PHX Financial, Inc., was suspended by the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record, accessed on August 25, 2020. On August 6, 2020, Serge Parakhnevich entered into an Acceptance, Waiver and Consent Agreement with FINRA in which he consented to the findings that…

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Michael Paesano (CRD #: 1557229), a previously registered broker and an investment adviser registered with Axiom Investment Management LLC, is facing multiple pending allegations regarding excessive trading, according to his Investment Adviser Public Disclosure record, accessed on August 26, 2020. This is far from the only disclosure on Mr. Paesano’s record. On July 2, 2020,…

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Jeannette Adcock, a broker and an investment advisor registered with Thurston Springer Financial, was fired for allegedly violating FINRA Rules, according to her BrokerCheck record, accessed August 26, 2020. This is not the only employment issue on her record. On June 15, 2020, Jeannette Adcock was discharged from her position at Sanctuary Securities following allegations…

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Eugene Long (CRD#: 2386267), a broker registered with Cadaret, Grant & Co., Incorporated, was suspended from the securities industry by the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record, accessed August 18, 2020. Why was Eugene Long suspended? Keep reading to find out.   On July 2, 2020, Eugene Long entered into an…

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Daniel Mancuso (CRD #2519423), a broker and investment advisor registered with Paulson Investment Advisors LLC, has consented to official censure from FINRA, according to his BrokerCheck record, accessed on October 6, 2020. Mr. Mancuso has also settled several client disputes related to unsuitable investments. On February 6, 2014, Daniel Mancuso entered into an Acceptance, Waiver,…

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Marshall Isaacson (CRD #: 1140370), a previously registered broker with Newbridge Securities Corporation, has been barred by FINRA, according to his BrokerCheck record, accessed on September 23, 2020. In addition to this regulatory action, Mr. Isaacson has racked up several investor disputes, a civil judgement, and two tax liens. On July 20, 2020, Mr. Isaacson…

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Concorde Group Holdings Inc. was named in a recent SEC action brought against the company’s owner, Craig Zabala. Concorde Group Holdings is a Delaware-based company with a principal place of business in New York. The SEC complaint alleges that between February 2015 and August 2019, Zabala defrauded 17 investors by making allegedly false statements in…

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Yvonne Nirelli (CRD# 1364313), a broker registered with Cadaret, Grant & Co, Inc., has been suspended by FINRA, according to her BrokerCheck record, accessed on September 17, 2020. She entered into an agreement with FINRA that discloses more information about the reason behind her suspension. On August 12, 2020, Yvonne Nirelli entered into an Acceptance,…

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Kinan Nimeh, or Kenan Nimeh (CRD #: 4438900), is a broker registered with Garden State Securities, Inc. In his 18 years of experience, he has accumulated 12 disclosures on his broker record. His latest disclosures allege unsuitable investment recommendations and regulatory action from the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record, accessed…

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