William Stafford Thurmond of New York New York a stockbroker formerly employed by EDI Financial Inc. has been fined $25,000.00 and suspended for fifteen months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that (1) Thurmond executed unauthorized trades in the customer’s account and (2)…

Dennis Ernest Beeby of San Diego California is a stockbroker formerly registered with EDI Financial Inc. who has been fined $10,000.00 and suspended for eight months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he sold away from his firm. Letter of Acceptance Waiver…

William Stafford Thurmond, of El Paso, Texas, a stockbroker formerly registered with EDI Financial, Inc., has been named in a customer initiated investment related arbitration claim, where the customer was awarded $212,731.00 in damages on January 20, 2016, based upon allegations that Thurmond breached his fiduciary obligations to the customer, effected trades which were neither…

Robert Mark Star, of Bluffton, South Carolina, a stockbroker formerly registered with EDI Financial, Inc., has been named in a customer initiated investment related arbitration claim on May 12, 2016, in which the customer requested $640,800.00 in damages based upon allegations that Star overconcentrated the customer’s investment portfolio in private placements, and made unsuitable investment…