Jesse Brett Butler, also known as Brett Butler or J. Brett Butler, a stockbroker from Evansville, Indiana, was sanctioned by Financial Industry Regulatory Authority (FINRA) for borrowing violations while registered with Allstate Financial Services LLC. FINRA issued a Letter of Acceptance, Waiver, and Consent (AWC) on October 23, 2024, after determining that Butler borrowed a…
Christopher Steven Coffey, formerly a stockbroker with Allstate Financial Services LLC in Johnson City, Tennessee, has been sanctioned by Financial Industry Regulatory Authority (FINRA). On October 29, 2024, FINRA alleged that Coffey forged customer signatures on two variable annuity withdrawal forms, violating FINRA Rules 2010 and 4511. These actions resulted in the maintenance of inaccurate…
Christopher Steven Coffey, of Johnson City, Tennessee, a stockbroker registered with Allstate Financial Services LLC, has been discharged by the securities broker dealer on December 15, 2023, based upon allegations that Coffey submitted variable annuity withdrawal forms containing non-genuine signatures. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Coffey is referenced in three customer…
Alexis Ann Intili of Staten Island, New York, a stockbroker registered with Allstate Financial Services LLC, was the subject of a customer initiated investment related complaint that was settled on July 16, 2020, for compensation based upon allegations that Intili misled the customer about the rate of return on variable annuities when Intili was associated…
Jason Wellington Jodway, of Waterford, Michigan, a stockbroker registered with Allstate Financial Services LLC was the subject of a civil action brought by Michigan Corporations, Securities, and Commercial Licensing Bureau. According to a Default Judgment, Jodway violated state securities laws by engaging in securities business without registration and making omissions of material fact. Case No….
Rodolf Ivan Wenzel (also known as Roldolf Wenzel), of Redlands, California, a stockbroker registered with Allstate Financial Services LLC, was the subject of a customer initiated investment related complaint that was settled on March 12, 2020, for $25,864.56 in damages based upon allegations that Wenzel made omissions of material fact in connection with the recommendation…
Avinash Daswani (also known as Avi Daswani), of Plainview, New York, a stockbroker registered with Allstate Financial Services LLC, was the subject of a customer initiated investment related complaint filed on March 22, 2022, seeking damages based upon allegations that Daswani made omissions of material fact in connection with the recommendation and sale of Unit…
John Charles Vasu, of Brandon, Florida, a stockbroker registered with Allstate Financial Services LLC, is the subject of a customer initiated investment related complaint on May 12, 2021 in which the customer requested compensatory damages based upon allegations that Vasu made misrepresentations in connection with the recommendation and sale of variable annuities when Vasu was…
Gina Rea Kidd, of Bedford, Virginia, a stockbroker formerly registered with Allstate Financial Services, has been charged by Financial Industry Regulatory Authority (FINRA) with impeding a FINRA investigation by failing to testify regarding her alleged involvement with an unregistered person relating to securities business. Department of Enforcement v. Gina Kidd, Disciplinary Proceeding No. 2019064729705 (February…
Jimmy William Nunez, Jr. of Edgewater, New Jersey, a stockbroker formerly registered with Allstate Financial Services LLC, has been fined $10,000.00 and suspended for two years from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Nunez forged a customer’s signature and falsified responses to FINRA when under…
Jason Patrick Hamby, of Blacksburg, Virginia, a stockbroker formerly registered with Allstate Financial Services, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Hamby failed to cooperate with a FINRA investigation which concerned accusations of his unauthorized activities involving an unregistered individual. Letter of…
Andrew Timothy Durham of Greenwood, South Carolina, a stockbroker formerly registered with Allstate Financial Services, has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded upon findings that Durham forged an Allstate Financial Services customers’ signature on a life insurance application. Letter of Acceptance Waiver…
Jennifer Ann Ayers (also known as Jenny Ayers and as Jennifer Ann Glow) of Roanoke Virginia a stockbroker formerly registered with Allstate Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that she failed to cooperate with a FINRA investigation regarding her…
Elizabeth Ann Sollars (also known as Elizabeth Ann Cole, Elizabeth Ann Gore, Elizabeth Ann Shaw, and as Beth Sollars) a stockbroker formerly registered with Allstate Financial Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on a FINRA Office of Hearing Officers Default Decision containing findings…
John Matthew Izzo of Williamsville New York a stockbroker formerly registered with Allstate Financial Services has been fined $5,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that Izzo engaged in outside business activities without permission and had falsified information in compliance…
David James Williams of Rochester New York a stockbroker formerly registered with Allstate Financial Services has been fined $7,500.00 and suspended for 3.5 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Williams engaged in outside business activities while he was associated with Allstate Financial Services….
David Allen Maute of Springfield Ohio a stockbroker formerly registered with Allstate Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that Maute did not provide a response to FINRA’s requests for his documents and information in an investigation about his possible…
Jason Howell Poff of Houston Texas a former stockbroker and investment adviser representative of LPL Financial LLC has been charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement with engaging in outside business activities that were not approved by the securities broker dealer. Department of Enforcement v. Jason Howell Poff Disciplinary Proceeding No. 2018058501502…
David Alan Stateman of Miami Florida a stockbroker formerly registered with Allstate Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he did not comply with FINRA personnel while he was under investigation for taking funds from a customer and for…
James Ortega of Pompano Beach Florida a stockbroker formerly registered with Allstate Financial Services has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Ortega engaged in outside business activities. Letter of Acceptance Waiver and Consent No. 2019061168602 (Oct. 5, 2020). According…
Charles Don Burchard (also known as Chuck Burchard) of Conroe Texas a stockbroker formerly registered with Allstate Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Burchard failed to comply with FINRA personnel who were investigating accusations of his potential undisclosed…
Robert Gerard Merlo (also known as Robert Gerald Merlo) of Midland Park New Jersey a stockbroker formerly associated with Allstate Financial Services has been barred as a stockbroker in the State of New Jersey according to an Order issued by New Jersey Bureau of Securities that was based on Merlo pleading guilty to fraudulent activities….
Marie Bernadette Kincheloe (also known as Marie Bernadette McCarron) of Roanoke Virginia a stockbroker formerly associated with Allstate Financial Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that she obstructed a FINRA investigation into her possible arrangement with an unregistered individual in handling…
Timothy Bernard Cooney of Warren Rhode Island a stockbroker formerly associated with Allstate Financial Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he failed to cooperate with FINRA’s investigation into allegations of his undisclosed outside business activities while registered with the securities…
Jesse Gil III of Corpus Christi Texas a stockbroker formerly registered with Allstate Financial Services LLC has been charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement in a Complaint containing accusations that (1) Gil converted funds belonging to an elderly widow whom Gil advised outside Allstate Financial Services’ auspices (2) Gil failed to…
Kari Ann Buckles of Olean New York a stockbroker formerly registered with Allstate Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that (1) Buckles converted a customer’s funds and (2) Buckles failed to cooperate with a FINRA investigation into allegations of…
Jesse Gil III of Corpus Christi Texas a stockbroker currently registered with Allstate Financial Services LLC is the subject of a Financial Industry Regulatory Authority (FINRA) Wells Notice which indicated that FINRA Department of Enforcement should take disciplinary action against Gil supported by accusations that (1) Gil engaged in outside business activities without disclosing them…
Paul Joseph Godlewski of Coatesville Pennsylvania a stockbroker formerly registered with Allstate Financial Services LLC is referenced in a customer initiated investment related arbitration claim which was settled for $28,000.00 in damages supported by allegations that (1) Godlewski solicited a customer’s private placement investment outside the firm’s auspices causing a customer losses and (2) Allstate…
Robert L. Bryant III of Lincoln Nebraska a stockbroker formerly registered with Allstate Financial Services LLC has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Bryant forged customer account documents and caused Allstate Financial Services to hold false…
Ciro Joseph Santoro of Cherry Hill New Jersey a stockbroker formerly registered with Allstate Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that Santoro did not provide FINRA with information that had been requested of him during its inquiry into Santoro’s…
Robert Gerald Merlo of Midland Park New Jersey a stockbroker formerly employed by Allstate Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on accusations that Merlo disregarded a FINRA inquiry possibly pertaining to him being charged with fraud. Case No. 2017053574002 (Jan. 15,…
Benham Halali of San Jose California a stockbroker formerly registered with Allstate Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that Halali failed to cooperate with FINRA’s inquiry into his activities. Case No. 2015047264301 (Sept. 1, 2016). FINRA Public Disclosure additionally…
Michael Alan Sadouskas of Florence Kentucky a former registered representative of Allstate Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on allegations that he failed to provide FINRA personnel with information requested of him in regard to his business activities and obligations. Case…
Charles Courtney Sandoval of Tempe Arizona a stockbroker formerly employed by Allstate Financial Services LLC has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to an Order containing findings that Sandoval failed to comply with an arbitration award or otherwise confirm with FINRA whether he complied with…
Casey Tyler Thompson of Wailuku Hawaii a stockbroker formerly employed by Allstate Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by allegations that he failed to provide FINRA with a response to its request for Thompson’s information. Case No. 2017055740601 (Feb. 20, 2018)….
Mark Brian Quimby of Tampa Florida a stockbroker formerly employed by Allstate Financial Services LLC has been fined $10,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he sold away from the firm. Letter of Acceptance Waiver and Consent…
Jeffrey Michael Stillwell of Freehold New Jersey a stockbroker formerly employed by Allstate Financial Services, LLC is referenced in a customer initiated investment related written complaint on January 17, 2018 where the customer requested $149,271.00 in damages supported by accusations that Stillwell supposedly failed to inform the customer that the customer’s variable annuity income riders…
Aaron Christopher Mesaros, of Mukilteo, Washington, a stockbroker currently registered with Allstate Financial Services, LLC, is the subject of a customer initiated investment related written complaint on November 19, 2015, in which the customer requested $5,000.00 in estimated damages supported by allegations of the unauthorized rollover of the customer’s existing unit investment trust into a…
David Lee Reynolds, of Modesto, California, a stockbroker formerly employed with Allstate Financial Services, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity by consenting to findings that he failed to cooperate in an investigation into allegations that he misappropriated customer funds. Letter of Acceptance, Waiver and Consent,…
Robert Charles Moriarty, of Harvard, Illinois, a stockbroker formerly registered with Investment Professionals, Inc., has been named in a customer initiated investment related written complaint on April 30, 2017, in which the customer requested $100,000.00 in damages based upon allegations that Moriarty failed to apprise the customer about tax obligations resulting from effecting variable annuity…
David Michael Panetta, of Nutley, New Jersey, a registered representative formerly associated with Allstate Financial Services, LLC, has been fined $7,500.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he engaged in outside business activities without his firm’s knowledge, and made false…
James Davis Trent, of Columbia, South Carolina, a stockbroker formerly registered with AXA Advisors LLC, was charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement in a Complaint containing allegations that he made unsuitable investment recommendations to customers. Department of Enforcement v. James Davis Trent, No. 2014041539301 (Apr. 27, 2017). According to the Complaint,…
David Ladin, of Pembroke Pines, Florida, a stockbroker formerly registered with Allstate Financial Services, has been fined $10,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he engaged in outside business activities and entered into loan arrangements without authorization…
Frederick Martin Quinn Jr., of Toledo, Ohio, a stockbroker formerly registered with Allstate Financial Services, LLC, has been fined and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Quinn, inter alia, signed the names of customers on annuity exchange documentation without the customers’…
Allstate Financial Services, LLC, headquartered in Lincoln, Nebraska, has been censured and fined $1,000,000.00 by Financial Industry Regulatory Authority (FINRA) after consenting to findings that the firm, inter alia, had mass incomplete or missing accounts records concerning customer suitability. Letter of Acceptance, Waiver and Consent, No. 2015047806501(Dec. 15, 2016). According to the AWC, between 2001…
William Fredrick Kerschbaumer, Jr., of Carrollton, Ohio, was fined $12,500.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member firm in any capacity after consenting to findings that he forged his firm customer’s signatures and made misrepresentations to customers and his firm concerning annuity terms. Letter of Acceptance, Waiver and Consent, No….
Paul Anthony Akre, of Waukesha, Wisconsin, a stockbroker with Wells Fargo Advisors, LLC, was fined $15,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity after consenting to findings that he engaged in unauthorized outside business activities, a private securities transaction, and improper loans with customers….
Shakif A. Khalil, of Ypsilanti, Michigan, a registered representative with Allstate Financial Services, LLC, was permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any and all capacities after consenting to findings that he failed to cooperate with a FINRA investigation into allegations that Khalil misappropriated funds from customers. Letter of…
Robert J. Cross of Rome, Georgia, a stockbroker with Allstate Financial Services, LLC, was barred by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member in any and all capacities after Cross consented to findings that he failed to cooperate with a FINRA investigation into allegations of his business activities. Letter of Acceptance,…
Joseph Murray Snyder III, a Stockbroker with Allstate Financial Services, LLC, was permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member after consenting to findings that he failed to cooperate with FINRA in their investigation into allegations of Synder’s misappropriation of customer funds. Letter of Acceptance, Waiver, and Consent, No. 2014040233501 (Oct….
Paul Joseph Godlewski, a Stockbroker with Allstate Financial Services, LLC, was permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity after consenting to findings that he failed to cooperate with a FINRA investigation into allegations that he engaged in unapproved outside business activities and failed to follow his firm’s…
Michael Tepedino, a Stockbroker for Allstate, was permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity after consenting to findings that he failed to cooperate with FINRA in their investigations into allegations that Tepedino was involved in outside business activities. Letter of Acceptance, Waiver, and Consent, No. 2014042533801 (June…
Phillip Leonard Grasso, formerly a representative of Allstate Financial Services, was permanently barred in any and all capacities with a FINRA regulated entity after FINRA’s Office of Hearing Officers rendered a Default Decision finding that Grasso had misused and converted client funds in violation of FINRA Rules 2010 and 2150(a), engaged in securities fraud in…