Eric Dean Rolshoven of Florence Montana a stockbroker formerly registered with FSC Securities Corporation is the subject of a customer initiated investment related arbitration claim which was settled to resolve accusations that Rolshoven failed to supervise a stockbroker’s activities which led to inappropriate transactions being effected by the stockbroker. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-03744 (Oct. 4, 2019).
This is not the first time that Rolshoven has been subject of an investor’s dispute. FINRA Public Disclosure additionally confirms that a customer initiated investment related civil action involving Rolshoven’s behavior was resolved for $10,000.00 in damages based upon allegations that the customer had been provided bad investment advice by one of Rolshoven’s subordinate stockbrokers specifically in regard to the customer’s investments in business development company and real estate investment trust products. Civil Action No. BDV-2016-51 (Oct. 12, 2016).
Rolshoven has additionally been fined $15,000.00 by the Montana Securities Commissioner according to an Order founded on accusations of Rolshoven failing to supervise a stockbroker who had executed unauthorized private placement transactions for one or more residents of Montana. SEC-2015-78 (July 19, 2017).
Rolshoven was discharged by FSC Securities on May 8, 2015 supported by allegations of unauthorized private placement sales being effected by a stockbroker under Rolshoven’s watch which indicated that Rolshoven failed to supervise the stockbroker. Since August 3, 2017, Rolshoven has been registered with American Independent Securities Group LLC.
