Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on December 6, 2017 indicate that Louisiana-based Capital Financial Services broker/adviser Michael Olinde was terminated from a former employer in connection to alleged rule violations and is involved in a pending FINRA investigation. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Olinde (CRD# 3063204).
Michael Olinde has spent 19 years in the securities industry and has been registered with Capital Financial Services in Baton Rouge, Louisiana since July 2017. Previous registrations include LPL Financial in Baton Rouge, Louisiana (2009-2017); Mutual Services Corporation in Baton Rouge, Louisiana (2008-2009); AIG Financial Advisors in Baton Rouge, Louisiana (2008); American General Securities Incorporated in Baton Rouge, Louisiana (2002-2008); and Franklin Financial Services Corporation in Houston, Texas (1998-2002). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 16, 2007; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on June 25, 1998; and Series 26 (Investment Company Products/Variable Contracts Principal Examination), which he obtained on May 7, 2001. He is a registered broker and investment adviser with eleven US states and territories: Alabama, California, Florida, Kansas, Kentucky, Louisiana, Mississippi, North Carolina, Oklahoma, Texas and Virginia.
According to his BrokerCheck report, he has been named in an ongoing FINRA investigation and was recently discharged from a former employer in connection to alleged rule violations.
In October 2017 he was named in a FINRA investigation concerning his alleged involvement in an outside business activity. The investigation remains pending.
In May 2017 he was discharged from his position at LPL Financial following allegations he acted in contravention of firm policy with respect to participation in outside business activities.
If you have lost money investing with Michael Olinde, call Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.