Edward Joseph Bosch Sr. of Florence Kentucky a stockbroker formerly registered with Signator Investors Inc. is the subject of a customer initiated investment related arbitration claim in which the customer requested damages estimated to exceed $5,000.00 based upon allegations that misrepresentations were made to the customer about a variable annuity that Bosch sold during the time that he was associated with Signator Investors. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-02923 (Aug. 20, 2018).
FINRA \ confirms that Bosch has been identified in seven more customer initiated investment related disputes concerning accusations of his misconduct while employed by securities broker dealers including LPL Financial LLC and Signator Investors. On November 14, 2016, a customer initiated investment related complaint concerning Bosch’s activities was resolved for $23,064.02 in damages founded on accusations that the LPL Financial customer’s funds had been placed into Bosch’s account without the customer’s knowledge and that the customer had been provided with documents falsely expressing the customer’s investment account value.
On September 22, 2017, another customer filed an investment related complaint involving Bosch’s conduct in which the customer requested more than $5,000.00 in damages based upon allegations of the customer’s funds being mishandled and misappropriated by Bosch. On October 12, 2017, a customer initiated investment related complaint pertaining to Bosch’s conduct was settled for $36,322.65 in damages supported by allegations of Bosch’s failure to deposit the Signator Investors customer’s check.
FINRA Public Disclosure reveals that Bosch has been barred from associating with any FINRA member in any capacity based upon findings of Bosch neglecting to furnish information or documentation to the regulator during the period in which he was investigated for having converted customer funds and for disseminating bogus account statements to customers in an effort to cover up his misuse of customer funds. Letter of Acceptance Waiver and Consent No. 2016049364301 (June 10, 2016). Bosch’s refusal to turn over the information and documentation to FINRA was violative of FINRA Rules 2010 and 8210.
Bosch was terminated by LPL Financial and IFP Advisors Inc. founded on accusations that customers’ assets were mishandled by the stockbroker and that the customers received bogus account documents as part of Bosch’s scheme to hide his deposit of customer funds into his own banking account.
