Keith Wayne Patterson of Sugar Land, Texas, a stockbroker registered with Investacorp Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $35,000.00 in damages based upon allegations that Patterson was negligent, breached his fiduciary duties, and breached a contract in connection with…
Jonathan David Cummings of Hurst, Texas, a stockbroker registered with InvestaCorp Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $15,000.00 in damages based upon allegations that Cummings made misrepresentations and omissions of material fact, was negligent, and made unsuitable recommendations of real estate securities during…
William Franklin Richardson (also known as Frank Richardson) of Houston, Texas, a stockbroker formerly registered with Investacorp Inc., is referenced in a customer initiated investment related FINRA securities arbitration claim which was resolved for $90,000.00 in damages based upon accusations of unsuitable Business Development Company and Real Estate Investment Trust purchases by Richardson while he…
William Franklin Richardson Jr. (also known as Frank Richardson Jr.) of Houston Texas a former stockbroker and investment adviser representative of Investacorp has been referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested unspecified damages founded on accusations that they had been sold unsuitable business development company products and…
Warren Marc Rockmacher of Trumbull Connecticut a stockbroker formerly registered with Investacorp Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $90,000.00 in damages founded on accusations that misrepresentations had been made by Rockmacher concerning oil and gas limited partnerships that were sold to the customer when…
Jonathan David Cummings of Hurst Texas a stockbroker of Investacorp Inc. and investment adviser representative of Investacorp Advisory Services Inc. has been referenced in a customer initiated investment related arbitration claim where the customer requested unspecified damages supported by allegations that the customer had been placed into alternative investments including real estate investment trusts and…
Andrew Joseph Fairchild of Parkland Florida a stockbroker formerly employed by Investacorp Inc. has been terminated from employment on December 6, 2018 based upon the firm’s allegations that Fairchild inappropriately contacted a third party to effect withdrawals from customers’ annuities accounts. Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally confirms that a customer filed an…
William Jeremiah Thompson of Alpharetta Georgia a stockbroker formerly employed by Investacorp Inc. has been discharged by the firm on September 8, 2015 founded on allegations that Thompson failed to abide by the policies and rules of the firm relating to investments authorized by the firm to be sold. Financial Industry Regulatory Authority (FINRA) Public…
Investors Capital Corporation, J.P. Turner & Company, L.L.C., VSR Financial Services, Inc., Investacorp., Inc., and BB&T Investment Services, Inc., have all been censured by FINRA for taking advantage of certain customers, namely retirement plans and charitable organizations, by overcharging them in mutual fund transactions. Evidently, the firms sold mutual funds containing multiple share classes, in…
Warren Marc Rockmacher, of Trumbull, Connecticut, a stockbroker formerly registered with Investacorp, Inc., has been permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that he failed to cooperate in a FINRA investigation by declining to provide FINRA with information requested of him. Case No. 2015044980801…
James Davis Henderson, of Jamestown, New Jersey, a stockbroker currently registered with Investacorp, Inc., has been named in a customer initiated investment related written complaint on February 13, 2017, in which the customer requested $16,864.60 in damages based upon allegations that Henderson effected the unauthorized distribution of Franklin Templeton mutual funds from the customer’s investment…