Category Archives: Woodstock Financial Group

William Bruckner-Banyan Private Wealth-Discloses Regulatory Sanction/ Termination of Employment-WPB, FL

April 2017-West Palm Beach, FL

The FINRA records of  William Bruckner ,  a  stockbroker who is currently registered with Woodstock Financial Group disclose a regulatory event and  a recent 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.

In 3/2017 Bruckner was fined $5,000 and suspended for 15 days by FINRA to resolve allegations that while employed by Merrill Lynch, he mismarked 20 order tickets as unsolicited when, in fact, he had solicited the underlying trades to his customers. FINRA Case 2016050195201

In 5/2016 Bruckner was discharged from Merrill Lynch who made the following allegation on his FINRA record: “Conduct including solicitation of no opinion securities, mismarking trades as unsolicited and failure to be forthcoming in discussions with the Firm”.

Bruckner was employed by Merrill Lynch from 7/2012-6/2016. Prior to that he was employed by Sanford C. Bernstein 2/2010-7/2012. He discloses a business affiliation with Banyan Private Wealth in West Palm Beach, FL.

If you have losses in an account in an account handled by William Bruckner , you may be able to recover damages through FINRA arbitration.

Solicited vs Unsolicited Trade

A solicited trade is a transaction where the broker contacts the customer to commence the transaction, generally meaning that it is the idea of the broker to buy or sell a particular investment. An unsolicited trade is one in which the customer initiates the trade; ie, the customer tells the broker he would like to buy or sell a particular investment.

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

Ryan M. Murnane-Former Alexander Capital Broker-Discloses Discharge and Customer/Regulatory Complaints

March 2017-New York

According to publicly available records Ryan M. Murnane  , (CRD# 4784140) ,  a   former stockbroker who last worked for Alexander Capital and Woodstock Financial Group,  discloses a pending customer dispute, 5 prior final customer disputes, a regulatory investigation, a termination from employment and 2 outstanding judgment/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 January 2017, Murnane was discharged by Woodstock Financial Group who made the following allegation on his FINRA record: “Rep destroyed the personal computer of another registered person and rep had a New York State Tax lien the he failed to disclose to us (it was discovered by FINRA)”

In February 2017 Montana securities regulators commenced an investigation after a resident of that state complained that he had been contacted numerous times by Murnane, who was not registered to do business in the state of Montana.

Murnane also worked for Rockwell Securities from 10/2010-12/2013.

If you have questions about  an investment account handled by Ryan M. Murnane  , 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

Barry M. Kiront-Craft Capital Management Broker Discloses 10 Customer Disputes-Garden City, NY

APRIL 2018 UPDATEBarry Kiron’ts FINRA record currently discloses 13 prior customer disputes.

October 2016-Garden City, NY

The FINRA records of  Barry M. Kiront,  a  stockbroker who is currently employed by  Craft Capital Management  disclose 10 prior customer disputes that are final and one currently pending customer dispute.

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 March 2015, Kiront disclosed that a customer of his former employer Woodstock Financial Group brought a complaint alleging damages of $196,323 for churning , unsuitability and possibly fraud. That case was settled for $30,000.

In recently resolved FINRA Case 15-0458, a customer of Kiront while he was employed by Woodstock Financial Group alleges damages of $118,375 for churning, excessive commissions, unsuitable trading, violations of Mississippi securities laws and other claims. This case was resolved in July/2017 for $49,500.

Kiront has been registered with Craft Capital Management since 3/2015. He was registered with Woodstock Financial Group from 3/1998-3/2015.

If you have losses in an account in an account handled by Barry M. Kiront , contact us to discuss how you may be able to recover damages for those losses.

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

Sean P. McCabe Investigation-Worden Capital Mangement Broker-Discloses Settlement of Customer Disputes

April 2018 Update– Garden City, New York

According to FINRA records,  Sean P. McCabe , currently a broker with Worden Capital Management discloses  5 finalized customer disputes.

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 16-595 a customer of National Securities Corp alleged damages of $550,000 for negligent misrepresentation and breach of fiduciary. that case was settled for $210,000 in 11/2017.

In FINRA Case 16-594 a customer of National Securities Corp alleges damages of $150,000 for breach of fiduciary duty and negligent misrepresentation. That case was settled for $36,000 in 2/2017.

In FINRA Case 15-1338 a customer of National Securities Corp alleged damages of $250,144 for excessive trading, unauthorized trading, misrepresentation, negligence and breach of fiduciary duty. That case was settled for $65,000 8/2016.

McCabe has been registered with Worden Capital Management since 6/2015. Prior to that he was registered with Four Points Capital Partners, National Securities Corporation and Woodstock Financial Group.

If you have questions about an account handled by Sean P. McCabe  contact us for a non charge consultation to discuss your options and to learn how you may be able to recover damages for losses through FINRA arbitration.

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

Michael P. McMahon -Former National Securities Corp Stockbroker-Discloses Pending Customer Disputes-NY

Garden City, New York

MAY 2017 UPDATEMCMahon’s FINRA record discloses 5 pending and 11 final customer disputes.

In 11/2016 FINRA case 15-1558 was settled for $400,000 to resolve allegations by a customer of National Securities that McMahon breached his fiduciary duty, made misrepresentations and was negligent.

In 4/2017 a customer of National Securities Corp filed FINRA case 17-0703 alleging damages of between $500,000-$700,000 for negligence, misrepresentations, and breach of fiduciary duty. That case is currently pending.

ORIGINAL POST-May 2016

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.

According to FINRA records,  Michael P. McMahon, currently a broker with Worden Capital Management discloses 9 pending customer disputes and 6 finalized customer disputes.

Prior resolved cases include:

  • FINRA Case 14-2905, a customer while McMahon was registered with National Securities Corp alleged damages of $480,000 for unsuitability, churning and other claims. Case settled for $262,500.
  • FINRA Case 9-5072, a customer while McMahon was registered with Woodstock Financial Group alleged damages of $242,682 for negligence, misrepresentation and other claims. Case settled for $140,000.

Currently pending cases include:

  • FINRA Case 16-595- A customer of National Securities Corp alleges damages of $550,000 for negligent misrepresentation and breach of fiduciary.
  • FINRA Case 16-661-A customer of National Securities Corp alleges damages of $250,000 for breach of fiduciary duty and negligence.
  • FINRA Case 16-735- A customer of National Securities Corp. alleges damages of $500,000 for breach of fiduciary duty and negligent misrepresentation.

McMahon  has been registered with Worden Capital Management since 6/2015. Prior to that he was registered with Four Points Capital Partners, National Securities Corporation and Woodstock Financial Group.

If you have questions about an account handled by Michael P. McMahon  contact us to discuss your options and to learn how you may be able to recover damages through FINRA arbitration.

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