Tag Archives: Hornor Townsend & Kent Inc.

Investors Accuse Hornor Townsend Of Unsuitable Recommendations

February 01, 2021  |   Posted by :   |   Investment and Regulatory News, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on Investors Accuse Hornor Townsend Of Unsuitable Recommendations

Sam Peter Paolini of New York New York a stockbroker formerly registered with Hornor Townsend Kent Inc. is the subject of a customer initiated investment related written complaint on November 13, 2020 where the customer requested $141,222.00 in damages supported by accusations that the customer had been told to buy a whole life insurance policy […]

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Hornor Townsend Stockbroker Caught Selling Away Brother’s Ponzi Scheme

February 01, 2021  |   Posted by :   |   Failure To Supervise, FINRA Securities Arbitration, Investment and Regulatory News, Ponzi Schemes, Private Placement Fraud, Securities Arbitration Claims, Securities Fraud   |   Comments Off on Hornor Townsend Stockbroker Caught Selling Away Brother’s Ponzi Scheme

Gary Wayne Hammond of Charlotte North Carolina a stockbroker formerly registered with Hornor Townsend Kent Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he was selling away from MML Investors and that he referred customers to fraudulent investments. Letter of Acceptance Waiver […]

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Hornor Stockbroker Sanctioned For $5.3 Million In Unauthorized Trading

October 14, 2019  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Clay Gavin Erickson of Salt Lake City Utah a stockbroker formerly employed by Hornor Townsend Kent Inc. has been fined $7,500.00 and suspended for nine months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Erickson effected transactions in Hornor Townsend customers’ accounts without any permission from […]

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FINRA Suspends Hornor Townsend Broker Caught Selling Away

Thomas Edward Sova of Baton Rouge Louisiana a stockbroker formerly registered with Hornor Townsend Kent Inc. has been fined $5,000.00 and suspended for five months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Sova sold away from the firm by selling Woodbridge Group of […]

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Investor Blames Hornor Townsend For Unauthorized Trading

Clay Gavin Erickson of Salt Lake City Utah a stockbroker formerly employed by Hornor Townsend Kent Inc. is referenced in a customer initiated investment related written complaint which settled for $13,006.40 on March 12, 2018 based upon allegations that the customer’s assets were allocated in sub-accounts of a variable annuity without the customer’s knowledge. Financial […]

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Hornor Townsend Kent Broker Fired For Mishandling Funds

April 08, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

David John Stull of Stockton California is a stockbroker formerly registered with Hornor Townsend and Kent Inc. who has been fired on October 31, 2016 based upon accusations that he (1) improperly handled checks from customers (2) failed to abide by the firm’s financial planning procedures (3) failed to disclose an outside business activity and […]

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FINRA Bars Hornor Townsend Broker For Stealing

Sam Peter Paolini, of New York, New York, a stockbroker formerly registered with Hornor, Townsend, & Kent, Inc., has been permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that he converted a prospective customer’s funds. Letter of Acceptance, Waiver and Consent, No. 2017055696501 (Oct. 13, […]

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