Category Archives: Caldwell International Securities

Tyre F. Newsome-Cape Securities Broker-Discloses Termination and Outstanding IRS Lien

March 2017-New York

According to publicly available records Tyre F. Newsome , (CRD# 4812894) ,  a   stockbroker who is  currently registered with Cape Securities , disclose  a prior customer dispute, an outstanding judgment lien and a termination from employment.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

Public records reveal that in April 2016, Tyre Newsome was ‘permitted to resign’ by his employer Garden State Securities who alleged that Newsome made unsuitable recommendation to a senior investor and made an inappropriate recommendation to utilize margin.

Newsome discloses that there is an outstanding judgement or lien against him for $32,094 in favor of the Internal Revenue Service.

Newsome  is currently employed by Cape Securities. His prior employment includes:

  • Cape Securities
  • Spartan Capital Securities
  • Garden State Securities
  • Meyers Associates
  • Caldwell International Securities
  • Maximum Financial Investment Group
  • Avalon Partners
  • Great Eastern Securities
  • Maxim Group

If you have losses  in an account handled by Tyre Newsome, call to discuss your options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Lucas Lichtman-Former Caldwell International Securities Broker-Sued by Securities Regulator

Englewood Cliffs, New Jersey

According to FINRA records,  Lucas D. Lichtman  a stockbroker who was formerly employed by Caldwell International Securities, discloses  a pending regulatory investigation .

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In FINRA Case 2014039091903, FINRA alleges that Lucas Lichtman and other representatives of his firm made unsuitable recommendations of an active trading investment strategy to their customers and that the firm is liable for the unsuitable recommendations of that strategy under the doctrine of respondeat superior.

The complaint alleges that Lichtman made recommendations despite the fact he and the other representatives failed to understand the risks of the investment strategy or the impact of the staggering commissions and fees generated would have on the customer accounts. This matter is currently pending.

Lichtman was employed by Caldwell International Securities from 4/2011-5/2016. Prior to that he was registered with SWS Financial Services and before that, World Equity Group. 

If you have questions about an account handled  by Lucas Lichtman or questions about your account at Caldwell International Securities, call for a no charge consultation.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Richard Lim-Former Caldwell International Securities Broker-Named in Regulatory Complaint-Englewood Cliffs, NJ

Englewood Cliffs, New Jersey

According to FINRA records,  Richard Lim  a stockbroker who was formerly employed by Caldwell International Securities, discloses  a pending regulatory investigation and 3 presently outstanding judgement/liens .

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In FINRA Case 2014039091903, FINRA alleges that Lim and other representatives of his firm made unsuitable recommendations of an active trading investment strategy to their customers and that the firm is liable for the unsuitable recommendations of that strategy under the doctrine of respondeat superior.

The complaint alleges that Lim made recommendations despite the fact he and the other representatives failed to understand the risks of the investment strategy or the impact of the staggering commissions and fees generated would have on the customer accounts. The complaint further alleges that Lim willfully failed to timely update FINRA records to disclose judgments against him. This matter is currently pending.

Lim was employed by Caldwell International Securities from 4/2011-5/2016. Prior to that he was registered with SWS Financial Services and before that, World Equity Group. 

If you have questions about an account handled  by Richard Lim or questions about your account at Caldwell International Securities, call for a no charge consultation.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Paul Jacobs-Caldwell Securities Broker-Discloses Regulatory Action

Austin, Texas

According to FINRA records,  Paul Jacobs  a stockbroker who is currently  employed by Caldwell International Securities, discloses  a pending regulatory investigation .

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In FINRA Case 2014039091903, FINRA alleges that Jacobs failed to establish and maintain a system to supervise the activities of Caldwell International Securities that was reasonably designed to achieve compliance with applicable securities laws and regulations as well as NASD/FINRA rules.

The complaint alleges that Jacobs failed to monitor for, detect and, when detected, investigate multiple instances of potential misconduct th the firm’s brokers involving unsuitable active trading investment strategies, unsuitable ETFs, discretionary trading without written authorization and excessive trading/churning in multiple customer accounts across multiple branches of the firm. This matter is currently pending.

Jacobs was previously employed by Veritrust Financial and Waddell & Reed.

If you have questions about an account handled  by Paul Jacobs or questions about your account at Caldwell International Securities, call for a no charge consultation.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Alex Etter-Former Caldwell International Securities Broker-Named in Regulatory Complaint

Englewood Cliffs, New Jersey

According to FINRA records,  Alex E. Etter  a stockbroker who was formerly employed by Caldwell International Securities, discloses  a pending regulatory investigation .

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In FINRA Case 2014039091903, FINRA alleges that Caldwell and other representatives of his firm made unsuitable recommendations of an active trading investment strategy to their customers and that the firm is liable for the unsuitable recommendations of that strategy under the doctrine of respondeat superior.

The complaint alleges that Caldwell made recommendations despite the fact he and the other representatives failed to understand the risks of the investment strategy or the impact of the staggering commissions and fees generated would have on the customer accounts. The complaint further alleges that Etter and other representatives failed to identify customer complaints and that none of the complaints were reported to FINRA in accordance with applicable rules. This matter is currently pending.

Etter was employed by Caldwell International Securities from 4/2011-5/2016. Prior to that he was registered with World Equity Group. 

If you have questions about an account handled  by Alex Etter or questions about your account at Caldwell International Securities, call for a no charge consultation.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Greg Caldwell-Caldwell International Securities Broker-Discloses Regulatory Investigation

Austin, Texas

According to FINRA records,  Greg A. Caldwell  a stockbroker who is currently  employed by Caldwell International Securities, discloses  a pending regulatory investigation and a prior final regulatory investigation .

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In FINRA Case 2014039091903, FINRA alleges that Caldwell failed to establish and maintain a system to supervise the activities of Caldwell International Securities that was reasonably designed to achieve compliance with applicable securities laws and regulations as well as NASD/FINRA rules.

The complaint alleges that Caldwell failed to monitor for, detect and, when detected, investigate multiple instances of potential misconduct th the firm’s brokers involving unsuitable active trading investment strategies, unsuitable ETFs, discretionary trading without written authorization and excessive trading/churning in multiple customer accounts across multiple branches of the firm. This matter is currently pending.

Caldwell has been employed by Caldwell International Securities since 3/2001.

If you have questions about an account handled  by Greg Caldwell or your account at Caldwell International Securities, call for a no charge consultation.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Lennie Freiman-Former Caldwell International Securities Broker-Discloses Regulatory Investigation

San Antonio, Texas

According to FINRA records,  Lennie S. Freiman  a stockbroker who most recently worked for Caldwell International Securities, but who is not currently registered with any firm discloses  a pending regulatory investigation and a prior final regulatory investigation .

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

 

In FINRA Case 2014039091903, FINRA alleges that Freiman failed to establish and maintain a system to supervise the activities of Caldwell International Securities that was reasonably designed to achieve compliance with applicable securities laws and regulations as well as NASD/FINRA rules.

The complaint alleges that Freiman failed to monitor for, detect and, when detected, investigate multiple instances of potential misconduct th the firm’s brokers involving unsuitable active trading investment strategies, unsuitable ETFs, discretionary trading without written authorization and excessive trading/churning in multiple customer accounts across multiple branches of the firm. This matter is currently pending.

Freiman was employed by Caldwell International Securities from 3/2001-3/2016.

If you have questions about an account handled  by Lennie Freiman or your account at Caldwell International Securities, call for a no charge consultation.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870