John Tweardy Jr. of Canonsburg Pennsylvania a stockbroker formerly registered with H. Beck Inc. is the subject of a customer initiated investment related arbitration claim where the customer requested $1,175,000.00 in damages founded on allegations that the customer had been placed into bad variable annuity, real estate investment trust and business development company products by the stockbroker during the period of December 3, 2013 and May 24, 2019 while Tweardy was employed by H. Beck Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-00186 (Jan. 27, 2020). According to the claim, misrepresentations had been made to the customer concerning alternative investments sold by the stockbroker at H. Beck Inc.
FINRA Public Disclosure reveals that Tweardy was discharged by H. Beck Inc. on November 1, 2018 based upon accusations that the stockbroker neglected to comply with an internal investigation by H. Beck in response to a customer complaint. The securities broker dealer also indicated that Tweardy failed to respond to inquiries made by customers in relation to their investments.