Glenn Eugene Kendall of Tinley Park Illinois a stockbroker formerly registered with Sigma Financial Corporation is the subject of a customer initiated investment related written complaint on August 4, 2016 where the customer requested $40,000.00 in damages based upon allegations that between 2015 and 2016: (1) Kendall excessively traded over-the-counter equities and stocks in the customer’s investment portfolio and (2) Kendall charged the customer commissions that were excessive on the stock and equity trades.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Kendall is referenced in a customer initiated investment related arbitration claim which was resolved for $30,000.00 in damages supported by accusations that while Kendall was associated with National Securities Corp, transactions were effected in violation of federal and state securities laws; fiduciary duties owed to the customer had been breached; misrepresentations were made to the customer; and the customer was placed in unsuitable direct participation program or limited partnership interests. FINRA Arbitration No. 10-00341 (June 8, 2010).
Kendall’s registration with Sigma Financial Corporation was terminated on December 31, 2016. Since January 10, 2017, Kendall has been employed by Ameritas Investment Corp.
