Judith Sally Levine of Adventura Florida a stockbroker currently employed by Lantern Investments Inc. is the subject of a customer initiated investment related arbitration claim which was resolved for $32,500.00 in damages supported by allegations that between September of 2012 and November of 2016: (1) the customer’s account was handled in a negligent manner (2) fiduciary duties owed to the customer had been breached (3) the customer’s account was churned and (4) unsuitable investment recommendations were made to the customer specifically concerning the customer’s investments in over-the-counter equities while Levine was associated with Lantern Investments Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-00870 (Sept. 12, 2018).
FINRA Public Disclosure confirms that Levine has also been fined $5,000.00 based upon Levine’s consent to findings that while he was associated with Patterson, Treves, Inc., trades were effected in an investment account by Levine without Levine informing the firm about her activities; conduct violative of National Association of Securities Dealers Conduct Rule 2110. Case No. CMS000122AWC.
Levine has been registered with Lantern Investments Inc. since March 27, 2000.
