Robert Michael Gianchiglia of Worcester, Massachusetts, a stockbroker registered with Ameritas Investment Corp., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled to resolve allegations that Gianchiglia made misrepresentations of material fact in connection with the recommendation and sale of private placements when Gianchiglia was associated with Ameritas…
James F. Anderson of Dakota Dunes, South Dakota, a stockbroker registered with Ameritas Investment Corp., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $1,600,000.00 in damages based upon allegations that Anderson failed to supervise certain registered representatives and made misrepresentations of material fact in connection with…
Tobin Carl Hoffmann of Lincoln, Nebraska, a stockbroker registered with Ameritas Investment Company LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $250,000.00 in damages based upon allegations that Hoffmann made misrepresentations with regard to the recommendation and sale of alternative…
Ivar Norman Jones Jr., of San Ramon, California, a stockbroker registered with Ameritas Investment Company LLC, is the subject of a customer initiated investment related complaint that was settled on June 1, 2022 for $28,000.00 in damages based upon allegations that Jones committed sales practice violations relating to the recommendation of a outside third-party account…
Kristian M. Gaudet of Cut Off, Louisiana, a stockbroker formerly registered with Ameritas Investment Corp, is the subject of a customer initiated investment related FINRA securities arbitration claim which was resolved for $450,000.00 in damages based upon accusations of negligence and breach of fiduciary duty while Gaudet was employed by Ameritas Investment Corp. Financial Industry…
Robert Michael Gianchiglia of Worcester Massachusetts a stockbroker formerly employed by Ameritas Investment Corp is the subject of a customer initiated investment related arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that private placements had been misrepresented by Gianchiglia during the period in which he was associated with Ameritas investment…
James F. Anderson of Dakota Dunes South Dakota a stockbroker formerly associated with Ameritas Investment Corp. has been referenced in a customer initiated investment related arbitration claim in which the customer requested $2,423,000.00 in damages supported by allegations that (1) the customer had been inappropriately sold promissory notes as they were neither registered nor exempt…
Thomas H Lawrence III of Chapel Hill Tennessee a stockbroker formerly employed by Ameritas Investment Corp has been identified in a customer initiated investment related arbitration claim where the customer sought $150,000.00 in damages founded on accusations that (1) false or misleading statements had been made in regard to the terms and conditions of alternative…
Michael Frank Vetere of Bayside New York a stockbroker formerly registered with TFS Securities Inc. and Ameritas Investment Corp. is the subject of a customer initiated investment related arbitration claim in which the customer sought $1,000,000.00 in damages based upon accusations that (1) the customer’s mutual fund holdings were churned by the stockbroker (2) life…
Kristian M. Gaudet of Cut Off Louisiana a stockbroker formerly registered with Ameritas Investment Corp. is referenced in a customer initiated investment related arbitration claim where the customer sought $538,500.00 in damages supported by accusations that (1) the customer’s account was administered negligently (2) Ameritas Investment Corp. failed to supervise Gaudet’s activities and (3) private…
Thomas H. Lawrence III of Chapel Hill Tennessee a stockbroker formerly registered with Ameritas Investment Corp. is the subject of an Order issued by Tennessee Securities Division which barred him from being a stockbroker or an investment advisor in the State of Tennessee based on accusations that he borrowed money from an Ameritas Investment Corp….
Kristian M. Gaudet of Cut Off Louisiana a stockbroker formerly registered with Ameritas Investment Corp has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Gaudet failed to cooperate with a FINRA investigation into allegations of Gaudet’s misuse of customer funds during the…
Michael Scott Arteca of Matawan New Jersey a stockbroker formerly employed by Ameritas Investment Corp is referenced in a customer initiated investment related arbitration claim in which the customer sought $200,000.00 in damages founded on allegations that real estate investment trusts were misrepresented to the customer. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-01328 (May…
Michael Frank Vetere of Matawan New Jersey a stockbroker formerly registered with Ameritas Investment Corp. has been discharged by the firm on March 18, 2016 supported by accusations that Vetere (1) failed to appropriately disclose a customer’s source of funds used for purchasing a variable annuity (2) failed to be forthcoming to the firm in…
Michael James Blake, of Ameritas Investment Corp., a stockbroker formerly employed with Ameritas Investment Corp., is the subject of a customer initiated investment related arbitration claim, in which the customer sought $50,000.00 in damages supported by accusations of breach of contract, breach of fiduciary duty, suitability, fraudulent concealment, misrepresentation, and violation of the Securities Act…
Alonzo Barnett Jr, of Greensboro, North Carolina, a stockbroker formerly registered with Ameritas Investment Corp., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity by failing to provide FINRA with information about his business activities when requested. Case No. 2017053125201 (June 12, 2017). FINRA Public Disclosure reveals that…
Ameritas Investment Corp., a brokerage firm headquartered in Lincoln, Nebraska, has been censured and fined $180,000.00 by Financial Industry Regulatory Authority (FINRA) based upon allegations that the firm failed to supervise variable annuity transactions containing multiple share classes, and failed to supervise the firm’s charging of commissions to customers. Letter of Acceptance, Waiver and Consent,…
Thomas Lawrence, of Chapel Hill, Tennessee, a stockbroker formerly registered with Ameritas Investment Corp., has been fined $5,000.00, required to provide $41,332.65 in restitution, and was suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to an Offer Accepting Offer of Settlement containing findings that Lawrence entered into an…
Thomas Lawrence, of Chapel Hill, Tennessee, a stockbroker formerly registered with Ameritas Investment Corp., has been charged by Financial Industry Regulatory Authority (FINRA) in a Complaint alleging that he borrowed funds from a customer in violation of the firm’s policies. Department of Enforcement v. Thomas Lawrence, No. 2016051945101 (July 27, 2017). According to the Complaint,…
Robert Michael Gianchiglia, of Worcester, Massachusetts, a stockbroker formerly registered with Ameritas Investment Corp., has been named in a customer initiated investment related arbitration claim on March 28, 2017, wherein the customer requested $225,000.00 in damages based upon allegations that Gianchiglia effected unauthorized trades in the customer’s account, made misrepresentations to the customer, breached his…
Andrew John Logullo, of Los Angeles, California, a stockbroker formerly registered with Ameritas Investment Corp, has been fined $10,000.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Logullo engaged in undisclosed outside business activities and omitted information from his…
Alonza Barnett Junior, of Greensboro, North Carolina, has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon his failure to provide FINRA staff with information about his activities. Letter No. 2017053125201 (Mar. 9, 2017). Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Barnett has been identified…
John Sherman Bixby, of Lincoln, Nebraska, a stockbroker registered with Ameritas Investment Corp., was terminated from employment on June 15, 2016, based upon allegations that he engaged in sales practices and communications with customers in a manner which violated Ameritas’ procedures and policies. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that on October 25,…
Thomas Benjamin Carreras, of West Palm Beach, Florida, a stockbroker currently registered with Ameritas Investment Corp., has been named in a customer initiated investment related arbitration claim, which settled on February 27, 2017, for $8,500.00 in damages based upon allegations that Carreras transacted in the customer’s account in a negligent fashion, breached his fiduciary and…
John Scott Jaeger, of West Des Moines, Iowa, a stockbroker formerly registered with Ameritas Investment Corp, has been named in a customer initiated investment related written complaint on January 23, 2017, in which the customer requested $27,145.00 in damages based upon allegations that Jaeger effected an unsuitable real estate investment trust transaction in the customer’s…
Ameritas Investment Corp., a brokerage firm headquartered in Lincoln, Nebraska, has been censured and fined $145,000.00 by Financial Industry Regulatory Authority (FINRA) based upon consenting to findings that the firm failed to supervise recommendations made by its registered representatives pertaining to equity indexed annuities. Letter of Acceptance, Waiver and Consent, No. 2015046904101 (Jan. 11, 2017). According…
Peter B. Cohen, of Simsbury, Connecticut, a stockbroker with Ameritas Investment Corp., has been named in a customer initiated investment related arbitration claim on March 17, 2016, based upon allegations against Cohen of misrepresentation of facts concerning investments, fraudulent inducement, breach of fiduciary duty, and unjust enrichment. Guiliano Law Group Our practice is limited to…
Larry D. Freie, of Lincoln, Nebraska, a stockbroker with Ameritas Investment Corporation, is subject to a pending customer dispute from March 9, 2015, in which a customer alleged that Freie made unsuitable investment recommendations to the customer. This is not the first time that Freie has been subject to a customer dispute regarding unsuitable recommendations….
Nathan Silva, of Omaha, Nebraska, a stockbroker with Ameritas Investment Corp., was barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity after consenting to findings that he obstructed a FINRA investigation into allegations of misconduct against him. Letter of Acceptance, Waiver and Consent, No. 20140426897-01 (July 8, 2016). According to…
Sheik F. Abida Khan of Murrieta, California, a registered representative with Ameritas Investment Corp., was suspended from associating with any Financial Industry Regulatory Authority (FINRA) broker-dealer in any capacity for a period of four months plus ten additional days for participation in outside business activities without notice to his firm, sending misleading and false statements…
Ameritas Investment Corp., Cetera Advisors LLC, Comerica Securities, Inc., Fifth Third Securities, Inc., First Allied Securities, Inc., Park Avenue Securities, LLC, Securities America, Inc., Huntington Investment Company, Cetera Advisor Networks LLC, Commonwealth Financial Network, MetLife, and Infinex Investment, Inc., were all recently censured and fined by Financial Industry Regulatory Authority (FINRA) for failing to apply…
Heon Kim, a Stockbroker with Ameritas Investment Corporation, was barred from association with any Financial Industry Regulatory Authority (FINRA) member firm in any and all capacities after consenting to FINRA findings that he failed to cooperate in an FINRA investigation into allegations that Kim had engaged a non-licensed individual to solicit and sell variable products…