David Richard Geake, of Northbrook, Illinois, a stockbroker registered with Ausdal Financial Partners Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Geake engaged in private securities transactions. Letter of Acceptance, Waiver, and Consent No. 2021072679901 (July 10, 2023). In September 2018, Ausdal Financial Partners disclosed…
James Michael Armour, of Wayzata, Minnesota, a stockbroker registered with Ausdal Financial Partners Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $150,000.00 in damages based upon allegations that Armour made unsuitable recommendations, breached his fiduciary duties, failed to perform due diligence, and failed to…
Travis John Wolfe of Downers Grove, IL, a stockbroker registered with Ausdal Financial Partners Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $300,000.00 in damages based upon allegations that Wolfe made unsuitable recommendations, made misrepresentations of material fact, and failed to perform due diligence…
Kurt Russell Baldry of Ostego, MN, a stockbroker registered with Ausdal Financial Partners Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that Baldry made unsuitable investment recommendations of direct investments and oil and gas investments during the time…
David Richard Geake of Chicago, Illinois, a stockbroker registered with American Trust Investment Services Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $965,793.00 in damages based upon allegations of breach of contract, negligence, fraud, violation of Illinois securities laws, violation of FINRA Rules 2311,…
Randy Lee Birkinbine, of North Oaks, Minnesota, a stockbroker formerly registered with Ausdal Financial Partners Inc., is referenced in a customer initiated investment related securities arbitration claim where the customer requested $100,000.00 in damages founded on accusations of breach of fiduciary duty concerning Birkinbine’s private placements when he was employed by Ausdal Financial Partners. Financial…
Mark Lee Elafros, of Northbrook, Illinois, a stockbroker formerly registered with Ausdal Financial Partners Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages based upon accusations of Elafros making unsuitable private placement and unit investment trust sales to the customer when he was…
Daniel Ernest Davis (also known as Danny Davis) of Louisville Kentucky a stockbroker currently registered with Ausdal Financial Partners Inc. is the subject of a customer initiated investment related written complaint on February 21, 2020 in which the customer requested $92,707.00 in damages founded on accusations of Davis making unsuitable investment recommendations to the customer concerning…
Gerald Lee Repasz (also known as Jerry Repasz) of East Peoria Illinois a stockbroker formerly registered with Ausdal Financial Partners is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer sought $100,000.00 in damages supported by accusations that they had been placed into unsuitable investments including real estate securities…
Richard Guy Duncan (also known as Rick Duncan) of East Longmeadow Massachusetts an investment adviser representative of Ausdal Financial Partners Inc. is the subject of a customer initiated investment related written complaint on July 20, 2020 where the customer requested $405,045.00 in damages based upon allegations that the customer had been placed into unsuitable securities…
Randy Lee Birkinbine of North Oaks Minnesota a stockbroker currently registered with Ausdal Financial Partners Inc. is the subject of a customer initiated investment related arbitration claim where the customer requested $109,000.00 in damages based upon allegations of illiquid and unsuitable investments including private placements and real estate securities which led to an over-concentration in…
David Richard Geake of Northbrook Illinois a stockbroker formerly employed by Ausdal Financial Partners has been discharged by the firm on September 14, 2018 supported by allegations that Geake engaged in private securities transactions or selling away without disclosing them to the firm and obtaining the firm’s permission beforehand. Financial Industry Regulatory Authority (FINRA) Public…
Gerald Lee Repasz of Peoria Illinois a stockbroker currently employed by Ausdal Financial Partners Inc. is the subject of a customer initiated investment related arbitration claim in which the customer sought $62,000.00 in damages founded on accusations of suitability relating to the customer’s real estate investment trust holdings. Financial Industry Regulatory Authority (FINRA) Arbitration No….
David G. Gott, of Tipton, Iowa, a stockbroker formerly registered with Ausdal Financial Partners, Inc., gott fined $5,000.00 and gott suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he sold away an investment in an ice cream company from his…
Joan Katherine Norton, of Woburn, Massachusetts, a stockbroker formerly registered with Ausdal Financial Partners, Inc., has been named in a regulatory investigation being conducted by Financial Industry Regulatory Authority (FINRA) in regard to Norton’s potential violations of FINRA Rules 2010, 2310, and NASD Rule 3110. According to FINRA Public Disclosure, Norton may have made unsuitable…
John Michael Bannon, a former general securities representative with Ausal Financial Partners, Inc., was permanently barred from associating with any FINRA member in any and all capacities after failing to appear for an on-the-record interview in connection with FINRA’s investigation into allegations from a civil complaint which claimed Bannon had converted a minimum of $74,000…