Paul Lascelle Sanctioned By FINRA Following Allegations Of Exercising Discretion In A Non-Discretionary Account

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Paul Lascelle was a New Jersey based securities broker. He worked in the securities industry for twenty-seven years. During his career, he was registered with five different securities firms. His registrations included; PFS Investments (1990-1995), Constitution Capital Corporation (1995-1996), Merrill Lynch (1996), Wells Fargo Advisors (2005-2011), and Morgan Stanley (2011-2017). He is no longer working as a registered securities broker in any fashion. Paul Lascelle’s publicly available FINRA BrokerCheck report shows that he has several marks on his record. In March 2017, a customer alleged excessive trading against Paul Lascelle. The alleged transgressions taking place between 2013 and 2016. This…

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Timothy Gibbons Alleged Engages In A Pattern Of Unsuitable Investment Recommendations

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Timothy Gibbons was a Louisiana based securities broker. He worked in the securities industry for forty-two years. During his career, he was registered with four different securities firms. His registrations included; Howard, Weil, Labouisse, Friedrichs (1973-1988), Legg Mason Wood Walker (1988-2006), Citigroup Global Markets (2006-2009), and Morgan Stanley (2009-2015). He is no longer working as a registered securities broker in any fashion. Timothy Gibbons’ publicly available FINRA BrokerCheck report shows that he received multiple customer complaints over the course of his career. In November 2015, a customer alleged that Gibbons invested her account in stocks that were not appropriate for…

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Michael James Resciniti Allegedly Charges Customers’ Excessive Commissions

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Michael James Resciniti was a New York based securities broker. He worked in the securities industry for seventeen years. During his career, he was registered with seventeen different securities firms. His registrations included; Global Capital Securities Corporation (2000-2001), Gilford Securities Incorporated (2001), Harrison Securities (2001-2002), Gunnallen Financial (2002-2003), Continental Broker-Dealer Corp. (2003-2004), Granite Associates (2004), LH Ross & Company (2004), J.P. Turner & Company (2004-2006), Milestone Financial Services (2005), Vision Securities (2005-2006), New Castle Financial Services (2006-2008), A&F Financial Securities (2008), Aura Financial Services  (2008-2009), Rockwell Global Capital (2009-2015), Laidlaw & Company (2015-2016), First Standard Financial Company (2016), and Spartan…

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Robert Wilder Allegedly Engaged In Unauthorized Private Securities Transactions

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Robert Wilder was a Georgia based securities broker. He worked in the securities industry for twenty-one years. During his career, he was registered with five different securities firms. His registrations included; Equity Services (1994), A.G. Edwards & Sons (1994-2005), Morgan Keegan & Company (2005-2009), Triad Advisors (2009-2013), and Sterne Agee Financial Services (2013-2015). He is no longer working as a registered securities broker in any fashion. Robert Wilder’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints in his career. In February 2005, a customer alleged breach of fiduciary duty, negligence, fraud, and misrepresentation. This case…

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William Jordan Jr. Allegedly Engaged In A Fraudulent Trading Scheme Designed To Falsify Market Growth

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William Jordan Jr. is a Pennsylvania based securities broker. He has worked in the securities industry for thirty-one years. During his career, he has been registered with five different securities firms. His registrations include; Janney Montgomery Scott (1986-1991), J.P. McGowan &Company Incorporated (1992-2001), Vanguard Capital (2001-2005), Kildare Capital (2005-2014), and WNJ Capital (2014-Present). William Jordan Jr.’s publicly available FINRA BrokerCheck report shows that he was sanctioned by FINRA in July 2016. The findings in this matter state that he executed seven sets of pre-arranged, round trip transactions in municipal securities. Jordan allegedly sold municipal securities to an inter-dealer broker only…

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Jeffrey Slothower Accused Of Theft And Forgery

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Jeffrey Slothower was a New York based securities broker. He worked in the securities industry for fourteen years. During his career, he was registered with seven different securities firms. His registrations included; First New York Securities (2008), Spear, Leeds & Kellogg Specialists (2001-2008), Goldman Sachs Execution & Clearing (2002-2008), Assent (2008), Northwestern Mutual Investment Services (2008-2010), Merrill Lynch (2010-2016), and Private Client Services (2016). He is no longer working as a registered securities broker in any fashion. Jeffrey Slothower’s publicly available FINRA BrokerCheck report shows that he has received a customer complaint in his career. In June 2018, a customer…

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Patricia Peterson Terminated From Williams Financial Group

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Patricia Peterson is a Nevada based securities broker. She has worked in the securities industry for twenty-nine years. During her career, she has been registered with four different securities firms. Her registrations include; The Variable Annuity Marketing Company (1989-2001), Valic Financial Advisors (1999-2009), WFG Investments (2009-2015), and Innovation Partners (2015-Present). Patricia Peterson’s publicly available FINRA BrokerCheck report shows that she was discharged from her position at Williams Financial Group in September 2015. This termination followed allegations that she exercised discretion in customer accounts without authorization from the member firm. Oakes & Fosher dedicates its entire legal practice to helping investors…

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Charles Lundell Allegedly Breaches His Fiduciary Duty

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Charles Lundell was a Washington based securities broker. He worked in the securities industry for forty-nine years. During his career, he was registered with six different securities firms. His registrations included; Foster & Marshall (1967-1982), Piper, Jaffray & Hopwood Incorporated (1982-1988), Prudential Securities Incorporated (1988-1991), Everen Securities (1991-1995), First Montauk Securities Corp. (1995-2008), and First Allied Securities (2008-2017). He is no longer working as a registered securities broker in any fashion. Charles Lundell’s publicly available FINRA BrokerCheck report shows that he was terminated from his position at First Allied Securities in March 2017. This was due to allegations that he…

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Christopher Charles Schaeffer Allegedly Engages In A Pattern Of Unauthorized Trading

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Christopher Charles Schaeffer was an Indiana based securities broker. He worked in the securities industry for thirty years. During his career, he was registered with seven different securities firms. His registrations included; Thomson McKinnon Securities (1986-1989), Prudential Securities Incorporated (1989-1996), Roney & Co. (1996-1999), Raymond James & Associates (1998-2001), Long Grove Trading Co. (2001-2002), Archer Alexander Securities Corporation (2002-2006), and Chelsea Financial Services (2006-2017). He is no longer working as a registered securities broker in any fashion. Christopher Charles Schaeffer’s publicly available FINRA BrokerCheck report shows that he has received numerous customer complaints over the course of his career. In…

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James Michael Kennedy Allegedly Recommends Unsuitable Investment Strategies

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James Michael Kennedy was an Illinois based securities broker. He worked in the securities industry for thirty-six years. During his career, he was registered with six different securities firms. His registrations included; Dean Witter Reynolds (1978-1979), Lehman Brothers Kuhn Loeb Incorporated (1979-1982), Bear, Stearns & Co. (1982-1984), Associated Investment Services (1986-2002), Saxony Securities (2003-2015), and Securities America (2015-2017). He is no longer working as a registered securities broker in any fashion. James Michael Kennedy’s publicly available FINRA BrokerCheck report shows that he has received a customer complaint in his career. In March 2016, a customer alleged unsuitable investment strategies. The…

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