Category Archives: Financial Advisor Negligence
Florida Broker Barred For Allegedly Converting Customer Funds
Joshua David Nicholas (CRD#: 6529944) is a previously registered broker and previously registered investment adviser (RIA). In the first half of 2020, Mr. Nicholas served as a representative for Merrill Lynch at a branch office in Stuart, Florida. In July of 2020, this broker was separated from his employment at Merrill Lynch following allegations… Read More »
Financial Advisor In Florida Charged With Stealing Nearly $6 Million From Client
On January 21st, 2022, the Securities and Exchange Commission (SEC) announced formal charges against German Nino (CRD#: 2653707). A previously registered securities broker and investment adviser (RIA), Mr. Nino stands accused of stealing nearly $6 million from a client. In this article, our Miami financial advisor fraud lawyer discusses the SEC’s complaint in more… Read More »
Florida Broker Barred For Converting Charitable Donations
Roderick Len Whited (CRD#: 2663822) is a previously registered broker and previously registered investment adviser (RIA). From April of 2016 through February of 2020, Mr. Whited was associated with Northwestern Mutual Investment Services. Subsequently, he served as a representative of Intercarolina Financial Services. At both firms, Mr. Whited was based in Gainesville, Florida. On… Read More »
SEC Obtains Asset Freeze Against Miami-Based Investment Adviser
On June 17th, 2021, the Securities and Exchange Commission (SEC) announced that it obtained an asset freeze and filed fraud charges against a Miami-based investment advisor. Charges were filed against: Ramiro Jose Sugrane (CRD#: 1660839); UCB Financial Advisers Inc.; and UCB Financial Services Limited. The federal securities regulator alleges that Mr. Sugrane engaged in… Read More »
Southeast Florida Broker Barred For Declining To Cooperate With Investigation Into Alleged Outside Business Activities
Nedjeen Baptiste (CRD#: 6308317) is a previously registered securities broker. From May of 2015 through July of 2020, Ms. Baptiste was a representative of J.P. Morgan Securities LLC in Lantana, Florida. In March, the Financial Industry Regulatory Authority (FINRA) barred financial advisor Nedjeen Baptiste for failing to produce documents and information requested as part… Read More »
