Perry Stalvey Terminated From State Farm VP Management Corp.
March 20, 2019
The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Perry Stalvey. According to his publicly available FINRA BrokerCheck report, Perry Stalvey has been the subject of a customer dispute in his career.
Perry Stalvey was an Illinois based securities broker. He worked in the securities industry for seven years. During his career, he was registered with two different securities firms. He is no longer working as a registered securities broker in any fashion.
His Registrations
- Pruco Securities (2010-2011)
- State Farm VP Management Corp. (2011-2018)
The Allegations
In November 2017, a customer alleged that they were led to believe that their funds were being invested, however, Perry Stalvey allegedly just deposited the funds in a MM type of checking account. This was allegedly done without the customer's consent. The customer is seeking $67,499 in damages. Due to these alleged actions, he was terminated from his position at State Farm VP Management Corp.
Oakes & Fosher Can Help
Many investors are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who have lost money in this fashion may actually be entitled to damages. Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Perry Stalvey, please contact Oakes & Fosher for a free and private consultation. Oakes & Fosher handles cases on a contingency basis, which means there are no fees charged unless we collect for you.
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