Tag Archives: H. Beck Inc.

Investors Bring FINRA Arbitration Claim Against H. Beck For Misrepresentation

November 04, 2020  |   Posted by :   |   Business Development Companies, Non-traded REITs, Securities Arbitration Claims   |   Comments Off on Investors Bring FINRA Arbitration Claim Against H. Beck For Misrepresentation

John Tweardy Jr. of Canonsburg Pennsylvania a stockbroker formerly registered with H. Beck Inc. is the subject of a customer initiated investment related arbitration claim where the customer requested $1,175,000.00 in damages founded on allegations that the customer had been placed into bad variable annuity, real estate investment trust and business development company products by […]

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Investors Bring FINRA Arbitration Claims Against H Beck For Unsuitable REIT Sales

November 04, 2020  |   Posted by :   |   Non-traded REITs, Securities Arbitration Claims   |   Comments Off on Investors Bring FINRA Arbitration Claims Against H Beck For Unsuitable REIT Sales

David Arthur Hicks of Fort Pierce Florida a stockbroker formerly registered with H Beck Inc. is the subject of a customer initiated investment related arbitration claim where the customer sought $475,000.00 in damages supported by accusations that unsuitable real estate investment trust products and variable annuity products had been sold to the customer during the […]

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H. Beck Stockbroker Barred For Failure To Pay Arbitration Award

July 11, 2020  |   Posted by :   |   Boilerroom Sales, Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on H. Beck Stockbroker Barred For Failure To Pay Arbitration Award

James Henry Dresselaers of Bethesda Maryland a stockbroker formerly registered with H. Beck Inc. has been stripped of his securities registration by Financial Industry Regulatory Authority (FINRA) on November 15, 2019 based upon accusations of Dresselaers’ failure to pay a fine that FINRA assessed for making unsuitable recommendations of exchange traded funds to customers. FINRA […]

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H. Beck Accused Of BDC Misrepresentation

John Tweardy Jr. of Canonsburg Pennsylvania a stockbroker formerly employed by H. Beck Inc. is referenced in a customer initiated investment related complaint on July 16, 2019 where the customer requested $3,250,000.00 in damages supported by allegations that between December 3, 2013 and May 24, 2019: false or misleading statements had been made by Tweardy […]

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Investors Accuse Child Of Providing Bad Investment Advice

Michael Lee Child of Draper Utah a stockbroker registered with H. Beck Inc. is the subject of a customer initiated investment related complaint on April 24, 2018 in which the customer requested $20,000.00 in damages founded on accusations that Child advised the customer to purchase investments which failed to be appropriate for the customer. Financial […]

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H. Beck Inc. Sued By Investors For Bad REIT Recommendations

Richard Eric Poston (Rick Eric Poston) of Plano Texas a stockbroker formerly employed by H. Beck Inc. is the subject of a customer initiated investment related arbitration claim which was settled for $25,000.00 in damages supported by accusations that while Poston was associated with H. Beck Inc. (1) Poston gave the customer bad investment advice […]

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H. Beck Sued By Investor For Bad Investment Advice

James Henry Dresselaers of Bethesda Maryland a stockbroker formerly registered with H. Beck Inc. is referenced in a customer initiated investment related arbitration claim where the customer sought $255,000.00 in damages founded on allegations that (1) Dresselaers made omissions to the customer concerning the risks of exchange traded funds and (2) Dresselaers gave the customer […]

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H. Beck Sued By Investors REIT Misconduct

William Charles Schumann of Wheaton Illinois a stockbroker currently employed by H. Beck Inc. is referenced in a customer initiated investment related arbitration claim which was resolved for $63,000.00 in damages based upon accusations that Schumann made poor investment recommendations to the customer concerning mutual funds as well as a variable annuity and non-traded real […]

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H. Beck Fires Broker For Altering Customer Documents

Gary Clifford Smith of Southern Pines North Carolina a stockbroker formerly employed by H. Beck Inc. has been discharged by the firm on September 8, 2016 founded on accusations that Smith altered customer account documentation in violation of H. Beck policy. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Smith has been identified in […]

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H. Beck Hit For Failure To Supervise

November 30, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

H. Beck Inc. a brokerage firm headquartered in Rockville Maryland has been censured and fined $400,000.00 by Financial Industry Regulatory Authority (FINRA) founded on accusations that (1) the firm failed to supervise the variable annuity recommendations made by its registered representatives and (2) failed to supervise consolidated reports that were disseminated to customers. Letter of […]

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H Beck Accused By Customer Of Unsuitable Trades

December 15, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Greg Vincent Scheibel, of Waynesboro, Virginia, a stockbroker currently registered with H. Beck, Inc., is the subject of a customer initiated investment related written complaint on February 15, 2016, in which the customer sought $110,000.00 in damages founded on allegations that an inappropriate investment strategy was utilized for the customer, leading the customer to incur […]

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H Beck Named For Unsuitable Annuity Sales

Michael Lee Child, of Draper, Utah, a stockbroker currently registered with H. Beck, Inc., has been named in a customer initiated investment related written complaint, which settled on July 6, 2016, for $35,000.00 in damages based upon allegations that Child effected transactions in the customer’s account which were not suitable, and was liable for the […]

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LPL Financial Stockbroker Suspended For Unsuitable Recommendations

Stockbroker Fraud Lawyers | Scott F. Goldman, of Arlington Heights, Illinois, a stockbroker formerly associated with LPL Financial LLC, was fined $10,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member firm in any capacity based upon consenting to findings that he made unsuitable investment recommendations to customers. Letter of Acceptance, Waiver […]

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H Beck Stockbroker Subject of Customer Securities Arbitration

Stephen H. Orr, of Houston, Texas, a stockbroker with H. Beck, Inc., has been named in  a customer dispute where the customer is seeking $5,000,000.00 in damages based upon the allegations that Orr made unsuitable investment recommendations. FINRA’s BrokerCheck reveals that Orr has been previously subject to five other disclosure incidents, three of which involve […]

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H Beck Stockbroker Poston Sued By Customer For Sale of Unsuitable Investments

October 10, 2016  |   Posted by :   |   FINRA Securities Arbitration, Non-traded REITs   |   0 Comments

Richard E. Poston, of Plano, Texas, a stockbroker with H. Beck, Inc., disclosed via FINRA’s BrokerCheck that he settled a customer dispute for $185,000.00 on March 28, 2016, after the customer alleged that Poston engaged in the unsuitable recommendation of non-traded real estate investment trusts. FINRA Public Disclosure records reveal that Poston has been recently […]

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