Larry Lee Aschebrook, of Chicago, Illinois, a former officer of Gentry Securities, LLC, is the subject of a customer initiated investment related civil action that settled for $140,000.00 in damages based upon allegations that misrepresentations were made to the customer regarding private placements. Civil Action No. 2015-CH-18129 (Oct. 25, 2016). The customer also alleged that conflicts of interests concerning memberships interests had not been disclosed, and investments were not suitable for the customer.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that another customer filed an investment related complaint, seeking $720,000.00 in damages founded on allegations that the customer did not receive a return of principal in reference to the customer’s private membership interests in an entity that Gentry Securities affiliated with.
Aschebrook’s employment with Gentry Securities LLC has been terminated as of March 7, 2014. Since then, he has been registered with Harbor Light Securities (March 7, 2014 to December 31, 2016) and Watchdog Capital, LLC (March 21, 2017 to February 22, 2017).
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
