Tag Archives: Investors Capital Corp.

Regulator Sanctions Investors Capital Corp Stockbroker

Matthew Earl Peregoy of Brick New Jersey a stockbroker formerly employed by Investors Capital Corp. has been assessed a $39,000.00 civil monetary penalty by New Jersey Securities Bureau according to a Consent Order containing findings that (1) Peregoy engaged in unethical and dishonest practices in the securities business (2) Peregoy is the subject of an […]

Read More »

Investors Capital Corp Sued For Fraudulent REIT Sales

Carl John Grilli of Monrovia California a stockbroker formerly registered with Investors Capital Corp. is referenced in a customer initiated investment related civil action brought in the Superior Court of California in which the customer sought $89,000.00 in damages based upon allegations that (1) the customer’s account was administered negligently (2) information about investments had […]

Read More »

Investors Capital Sued By Investors For Churning

Robert Estevez of Greenwich Connecticut a stockbroker formerly registered with Investors Capital Corp. is referenced in a customer initiated investment related arbitration claim which was resolved for $400,000.00 in damages founded on allegations that (1) misrepresentations had been made to the customer by Estevez concerning the customer’s equity investments (2) stock trades placed by Estevez […]

Read More »

Investors Sue Investors Capital Sued For Breach Of Contract

Louis Alan Woolf of South Easton Massachusetts a stockbroker formerly registered with Investors Capital Corp. is the subject of a customer initiated investment related arbitration claim in which the customer requested $324,555.81 in damages founded on allegations that fiduciary and contractual obligations had been breached and the customer’s TNP Irving Square DST real estate security […]

Read More »

Investors Capital Corp Broker Fined For Settling Away

March 22, 2018  |   Posted by :   |   Boilerroom Sales, Investment and Regulatory News   |   0 Comments

Craig Dean Blattner of Longwood Florida is a stockbroker formerly registered with Investors Capital Corp who has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity by consenting to findings that he settled an Investors Capital Corp customer’s complaint away from the firm. Letter of Acceptance […]

Read More »

Investors Capital Stockbroker Barred For Fraud

Patricia S. Miller, of McMurray, Pennsylvania, a stockbroker formerly employed with Investors Capital Corp., has been barred from associating with an investment advisory or brokerage firm in any capacity according to a Securities and Exchange Commission (SEC) Order containing findings that Miller committed securities fraud. In the Matter of Patricia S. Miller, Administrative Proceeding File […]

Read More »

Investors Capital Corp Sued By Customer For Suitability

October 03, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

James A. Franklin, of Dallas, Texas, a stockbroker formerly registered with Investors Capital Corp., is the subject of a customer initiated investment related complaint on March 15, 2017, in which the customer requested $50,000.00 in damages founded upon accusations that in March of 2015, Franklin placed real estate security transactions in the customer’s account that […]

Read More »

Investors Capital Broker Suspended By Regulator

September 22, 2017  |   Posted by :   |   Failure To Supervise   |   0 Comments

Michael J. Isaac, of Shrewsbury, Massachusetts, a registered representative associated with Investors Capital Corp., has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he caused a customer to provide him signed forms that were undated and blank, inaccurately conveying […]

Read More »

Investors Capital Stockbroker Suspended

James S. Fleming III, of Worcester, Massachusetts, a stockbroker formerly registered with Investors Capital Corp., has been fined $10,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he effected unsuitable transactions in the customer’s account. Letter of Acceptance, Waiver […]

Read More »

Investors Capital Broker Suspended By Regulator

June 19, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Michael J. Isaac, of Shrewsbury, Massachusetts, a registered representative formerly registered with Investors Capital Corp., has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he directed a firm customer to provide him with blank and undated forms after they […]

Read More »

Ameritas Sued By Customer For Misrepresentation

Robert Michael Gianchiglia, of Worcester, Massachusetts, a stockbroker formerly registered with Ameritas Investment Corp., has been named in a customer initiated investment related arbitration claim on March 28, 2017, wherein the customer requested $225,000.00 in damages based upon allegations that Gianchiglia effected unauthorized trades in the customer’s account, made misrepresentations to the customer, breached his […]

Read More »

Investors Capital Corp Sued by Customer For Unsuitability

Nina Sue Jessee, of Abingdon, Virginia, a stockbroker formerly registered with Investors Capital Corp., has been named in a customer initiated investment related arbitration claim on February 3, 2017, based upon allegations that Jessee effected unsuitable transactions in the customer’s account regarding investments in real estate, insurance, and equipment leasing products. Financial Industry Regulatory Authority […]

Read More »

Investors Capital Corp Registered Representative Sanctioned

March 30, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Brett Allen Machtig, of Bloomington, Minnesota, a stockbroker formerly registered with Investors Capital Corp., was subject of cease and desist sanctions and a $5,000.00 fine by Minnesota Department of Commerce based upon consenting to findings that Machtig effected an equity indexed annuity which was not suitable for a customer. Case No. 1369 (Sept. 15, 2015). […]

Read More »

Investors Capital Corp Sued by Customer In Arbitration

Donnie Eugene Ingram, of Winter Haven, Florida, a stockbroker formerly registered with Investors Capital Corp., has been named in a customer initiated investment related arbitration claim on November 16, 2016, in which the customer requested $906,353.70 in damages based upon allegations that Ingram effected unsuitable transactions in the customer’s account pertaining to corporate debt, equity […]

Read More »

Investors Capital Corp Broker Suspended for Issuing Misleading Customer Statements

Joseph R. Daigneault of Biddeford, Maine, a stockbroker with Investors Capital Corp., was fined $10,000 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member firm in any capacity for twenty days after consenting to findings that he had provided customers with consolidated statements that contained misleading and inaccurate information regarding customers’ financial […]

Read More »