Eileen Law Cure (also known as Eileen Law Klein and Eileen Hall Law), of Nederland, Texas, a stockbroker registered with HD Investment Services, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $15,833.00 in damages based upon allegations that Cure made unsuitable recommendations of direct investments (limited…
Thomas H. Laws of Silver City, New Mexico, a stockbroker registered with Avantax Investment Services, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $65,000.00 in damages based upon allegations that Laws misappropriated funds and made unsuitable recommendations of direct investments (DPPs and LPs) when Laws was…
Michael Allen Kamperman of Waco Texas a stockbroker formerly registered with HD Vest Investment Services is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $300,000.00 in damages supported by allegations that unsuitable over-the-counter equities trades were executed in the customer’s account during the period that Kamperman was associated…
Donna Lynn Barnard (also known as Donna Lynn Stargell and as Donna Lynn Brooks) of Kilgore Texas a stockbroker registered with HD Vest Investment Services and Signal Securities Inc. is the subject of a customer initiated investment related arbitration claim which was settled for $50,000.00 in damages based upon allegations that Woodbridge Mortgage Fund promissory…
Thomas H. Laws of Silver City New Mexico a stockbroker formerly associated with HD Vest Investment Services and Santa Fe Gold Corporation has been barred by Securities and Exchange Commission (SEC) from associating with any securities broker dealer or investment adviser founded on accusations against the stockbroker of misappropriation and forgery. In the Matter of…
Jerry Davis Raines of Kilgore Texas a stockbroker formerly registered with HD Vest Investment Services is referenced in a customer initiated investment related arbitration claim where the customer requested $2,250,000.00 in damages based upon accusations of Raines misrepresenting risks which pertained to Woodbridge Group of Companies investments sold to the customer during the time that…
Michael Allen Kamperman of Waco Texas a stockbroker formerly employed by HD Vest Investment Services has been fined $20,000.00 and suspended for eighteen months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Kamperman poorly advised customers of HD Vest Investment Services in regard to energy sector…
Thomas H. Laws of Silver City New Mexico a stockbroker formerly employed by HD Vest Investment Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Laws failed to provide FINRA with recorded testimony in its investigation into allegations of Laws’ involvement…
Scott Alexander Markle of Anchorage Alaska a stockbroker formerly employed by HD Vest Investment Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by accusations that Markle failed to comply with FINRA’s information request. Case No. 2017055286001 (Jan. 12, 2018). FINRA Public Disclosure confirms that FINRA…
Jerry Davis Raines of Kilgore Texas a stockbroker formerly employed by HD Vest Investment Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Raines failed to cooperate with FINRA in an investigation into allegations of his sales of notes pertaining to…
Donna Lynn Barnard of Kilgore Texas a stockbroker formerly registered with HD Vest Investment Services has been referenced in a customer initiated investment related arbitration claim where the customer requested $234,780.90 in damages founded on accusations that Barnard made misrepresentations to the customer concerning Woodbridge Mortgage Investment Fund and neglected to undertake adequate due diligence…
Brian Royster of Ann Arbor, Michigan, a stockbroker formerly registered with HD Vest Investment Services, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to provide FINRA with information in an investigation into his alleged borrowing of customers’ funds. Letter…
John Edward Olinghouse, of Sparks, Nevada, a stockbroker formerly registered with HD Vest Investment Services, has been fined $15,000.00 and suspended for one year from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity, based upon consenting to findings that he fabricated customer account documentation. Letter of Acceptance, Waiver and Consent, No….
Paul Robert Nitz, of Minneapolis, Minnesota, a stockbroker currently registered with HD Vest Investment Services, has been named in a customer initiated investment related arbitration claim on July 13, 2016, in which the customer requested $528,000.00 in damages based upon allegations that Nitz made unsuitable equity investment recommendations to the customer, made misrepresentations to the…
HD Vest Investment Services, a broker-dealer headquartered in Irving, Texas, was censured by Financial Industry Regulatory Authority (FINRA) after consenting to findings that the firm overcharged customers within mutual funds transactions, and failed to supervise the firm’s mutual funds business in order to ensure that customers received sales charge waivers when eligible for such. Letter…