Mark Lee Tevebaugh of Indian Harbour Beach Florida a stockbroker currently employed by Next Financial Group Inc. is the subject of a customer initiated investment related written complaint on February 6, 2018 where the customer sought $110,000.00 in damages based upon accusations that Tevebaugh effected a real estate investment trust transaction in the customer’s account that was overly speculative and unsuitable for the customer.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Tevebaugh is referenced in three more customer initiated investment related disputes pertaining to allegations of his wrongdoing during the time that he was registered with MONY Securities Corporation and Financial Network Investment Corporation.
Specifically, on June 20, 2002, a customer initiated investment related complaint concerning Tevebaugh’s conduct was resolved for $29,243.97 in damages founded on accusations that the customer was inappropriately placed into a variable annuity with the cash value proceeds of a life insurance policy, wherein the customer was not provided information about the tax liability relating to the transaction. The customer additionally alleged that fiduciary duties were breached; the customer’s signature had been forged; trades were executed in the customer’s account without the customer’s consent; and the customer was defrauded.
On July 30, 2002, another customer filed an investment related complaint involving Tevebaugh’s activities in which the customer requested unspecified damages supported by allegations that Tevebaugh inappropriately advised the customer to replace two insurance policies with a variable universal life insurance policy. Thereafter, on November 22, 2010, a customer filed an investment related complaint regarding Tevebaugh’s conduct where the customer requested $15,668.25 in damages based upon accusations that the customer was placed into an indexed annuity that was not suitable for the customer.
The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.
This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, or other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer
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
Century Discharges Stockbroker For Unauthorized Trading
John Luther Sink of Saint Louis Missouri a stockbroker registered with Century Securities Associates Inc. has been discharged by the firm on February 23, 2018 founded on accusations that Sink placed unauthorized transactions in a deceased customer’s account.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Sink was subject of a customer initiated investment related arbitration claim where the customer was awarded $42,500.00 in damages based upon Sink having been found liable on the customer’s allegations of Sink negligently handling the customer’s account, breaching his fiduciary duties to the customer, misrepresenting facts about investments, and churning the customer’s investment portfolio during the time that he was associated with A.G. Edwards & Sons, Inc. National Association of Securities Dealers (NASD) Arbitration No. 91-03095.
The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.
This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, or other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer
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
