James Bernis Lunsford (also known as Jim Lunsford) a stockbroker formerly employed by Mid Atlantic Capital Corporation is the subject of a customer initiated investment related arbitration claim in which the customer requested $200,000.00 in damages supported by accusations that the customer’s account was negligently supervised at Mid Atlantic Capital Corporation and that misrepresentations and…
Mitchell Dean Simkins of Salt Lake City Utah is a stockbroker currently registered with Mid Atlantic Capital Corporation who is the subject of a customer initiated investment related civil action which settled for $370,000.00 in damages based upon accusations including (1) the offer and sale of unregistered securities through an entity which was not registered…
James Bernis Lunsford of Sonoma California is a stockbroker formerly registered with Mid Atlantic Capital Corporation who has been referenced in a customer initiated investment related arbitration claim where the customer sought five hundred thousand dollars in damages supported by allegations that Lunsford sold the customer an unsuitable private placement investment. Financial Industry Regulatory Authority…
Mid Atlantic Capital Corporation, a brokerage firm headquartered in Pittsburgh, Pennsylvania, has been censured and fined $100,000.00 by Financial Industry Regulatory Authority (FINRA) based upon the firm’s consent to findings that it failed to supervise the private securities transactions that two stockbrokers engaged in. Letter of Acceptance, Waiver and Consent, No. 2013039024401 (Apr. 6, 2017)….
Georgraphicly challenged Mid Atlantic Capital Corporation, a FINRA member brokerage firm headquartered in Pittsburgh, Pennsylvania, has been named in a customer initiated investment related arbitration claim, in which customers were collectively awarded $922,466.00 in damages based upon allegations of negligence, failure to supervise, breach of contract, unsuitability, misrepresentations and omissions, breach of fiduciary duty, and…
Craig Lansing Hayward, of Lafayette, Colorado, a stockbroker currently registered with Mid Atlantic Capital Corporation, has been named in a customer initiated investment related arbitration claim on April 11, 2016, in which the customer requested $707,500.00 in damages based upon allegations that between 2007 and 2014, Hayward negligently handled the customer’s account, breached his fiduciary…
Walter Francis Grenda, Jr., of Buffalo, New York, a stockbroker with Mid Atlantic Capital Corporation was barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any and all capacities per an Order Accepting Offer of Settlement containing findings that he engaged in fraudulent omissions and misrepresentations, engaged in improper loans from the…
Timothy Steven Dembski of Buffalo, New York, a stockbroker for Mid Atlantic Capital Corporation, was barred by Financial Industry Regulatory Authority (FINRA) in connection with an Office of Hearing Officers Order Accepting Offer of Settlement containing findings that Dembski made fraudulent omissions and misrepresentations to investors, engaged in improper loans from customers, and falsified testimony…