Securities Lawyers Blog
We represent clients of financial advisors and brokerage firms in investment disputes against their firms, such as Sonenshine & Company LLC. Our services cover a wide spectrum of broker misconduct, including unsuitable investments, failure to supervise, and losses in various investment products. Our firm can analyze your brokerage accounts, determine the extent of your investment losses, and understand the issues and remedies available.
Sonenshine and Company, known as Sonenshine Partners, is a private investment bank that advises on mergers and acquisitions, corporate finance, and restructuring transactions in sectors including technology and media, industrials and manufacturing, healthcare, consumer and retail, and business and financial services. Organized in Delaware in 1999 and headquartered on Park Avenue in New York, the firm serves large corporations and private equity firms and has advised companies such as Walgreens, Keurig Green Mountain, Aon, and Nokia.
Sonenshine & Company LLC – By the Numbers:
- CRD #: 104357
- Regulatory Events: 2
- Broker Employees: 5
Sonenshine & Company LLC – In the News:
FINRA v. Sonenshine & Company LLC (Case #2021069276401) – From July 2017 to the present, Sonenshine violated FINRA Rules 3310(b) and 2010 by failing to establish and implement policies, procedures, and internal controls reasonably designed to achieve compliance with the Bank Secrecy Act (BSA) and implementing regulation 31 C.F.R. § 1010.520, which required the firm to search its records in response to Financial Crimes Enforcement Network (FinCEN) requests. As a result, the firm failed to timely search its records in response to FinCEN requests in 2021. Further, from July 2017 to December 2023, Sonenshine violated FINRA Rules 3310(c) and 2010 by failing to establish and implement an AML program that provided for independent testing of AML compliance each calendar year. Throughout this period, Sonenshine’s AML procedures did not require annual testing, and during at least calendar years 2020 and 2022, Sonenshine failed to conduct such testing. For these violations, Sonenshine is censured and fined $20,000, and has agreed to an undertaking.
Gana Weinstein LLP has successfully handled hundreds of customer investment disputes with their brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.