Tag Archives: Fifth Third Securities Inc.

SunTrust Broker Discharged For Altering Investor Documentation

Ahmet Kildis of Hudson Florida a stockbroker formerly registered with SunTrust Investment Services Inc. has been discharged by the firm on March 13, 2018 based upon accusations that Kildis modified a customer’s signed documentation in violation of the firm’s policies. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Kildis has been identified in two […]

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FINRA Fines Fifth Third Securities For Failure To Supervise

Fifth Third Securities Inc. a brokerage firm headquartered in Cincinnati Ohio has been censured and fined $4,000,000.00 by Financial Industry Regulatory Authority (FINRA) founded on the firm’s consent to findings that it (1) made misstatements and omissions in the course of effecting variable annuity business (2) effected variable annuity exchanges that were not suitable for […]

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Fifth Third Securities Terminates Stockbroker

March 22, 2018  |   Posted by :   |   Investment and Regulatory News, Mutual Fund Fraud   |   0 Comments

John Joseph Pearce of Cincinnati Ohio is a stockbroker formerly employed by Fifth Third Securities who was terminated from employment on December 16, 2016 supported by accusations that the firm was not confident in Pearce’s ability to comply with the firm’s policies and procedures. Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that this is […]

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Fifth Third Securities Sued By Customer For Unsuitable Recommendations

Tony Kang, of Northbrook, Illinois, a stockbroker formerly registered with Fifth Third Securities, Inc., has been named in a customer initiated investment related arbitration claim, which settled on September 24, 2015, for $10,000.00 in damages based upon allegations that Kang made unsuitable investment recommendations to the customer regarding a unit investment trust product. Financial Industry […]

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Fifth Third Securities Sued First By Customer

June 13, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Kelly G. McClain, of Louisville, Kentucky, a stockbroker currently registered with Fifth Third Securities, Inc., has been named in a customer initiated investment related written complaint on April 19, 2017, in which the customer requested $32,000.00 in damages based upon allegations that she failed to properly explain the terms and conditions of exchange traded fund […]

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Fifth Third Securities Stockbroker Fired For Falsification

February 27, 2017  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News   |   0 Comments

Kevin Mark Reed, of Fort Wayne, Indiana, a stockbroker formerly registered with Fifth Third Securities, Inc., has been terminated from employment on July 8, 2016, based upon allegations that he altered the documentation of firm customers. Financial Industry Regulatory Authority (FINRA)Public Disclosure reveals that Reed has been identified in two customer initiated investment related disputes […]

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Fifth Third Securities Stockbroker Barred In Theft Investigation

Nathan D. Bartow, of Barberton, Ohio, a stockbroker with Fifth Third Securities, Inc., was permanently 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 mismanagement and conversion of customer funds. Letter of Acceptance, Waiver and Consent, No. […]

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Five Major Brokerage Fined for Failure to Supervise Mutual Fund Fraud

November 15, 2015  |   Posted by :   |   Investment and Regulatory News, Mutual Fund Fraud   |   0 Comments

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 […]

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