Anthony Lynn Cross (also known as Tony Cross), of Edmond, Oklahoma, a stockbroker associated with The O.N. Equity Sales Company (ONESCO), has been fined $5,000.00 and suspended for 20 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Cross engaged in unauthorized trading in customer accounts. Letter of Acceptance,…
Anthony Lynn Cross (also known as Tony Cross), of Edmond, Oklahoma, a stockbroker registered with The ON Equity Sales Company (ONESCO), has been suspended as a stockbroker for ten days by Oklahoma Department of Securities because Cross engaged in discretionary trading. Consent Order No. 20-011 (August 26, 2021). Oklahoma Securities Department claimed that Cross made…
ON Equity Sales Company Inc. (ONESCO) a securities broker dealer headquartered in Cincinnati Ohio has been censured and fined $275,000.00 by Financial Industry Regulatory Authority (FINRA) supported by findings that ONESCO failed to supervise sales of variable annuities resulting in a stockbroker having made unsuitable recommendations to customers of the firm. Letter of Acceptance Waiver…
Lawrence E. Hagedorn of Andover Kansas a stockbroker formerly registered with ON Equity Sales Company (ONESCO) has been barred by Securities and Exchange Commission (SEC) from being a stockbroker or investment adviser representative based on findings of Hagedorn pleading guilty to state securities laws violations. In the Matter of Lawrence E. Hagedorn Administrative Proceeding File…
Jesse Todd Kovacs of Forked River New Jersey a stockbroker formerly employed by ON Equity Sales Company has been suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Kovacs took part in private securities transactions without permission from ONESCO. Letter of Acceptance Waiver…
Lawrence E. Hagedorn of Andover Kansas a stockbroker registered with ON Equity Sales Company and ON Investment Management has been barred by the Office of the Kansas Securities Commissioner from working as a stockbroker or investment adviser representative and has been fined $50,000.00 and ordered to pay $102,500.00 in restitution based upon allegations that the…
Lawrence E Hagedorn of Andover Kansas is a former registered representative of The O.N. Equity Sales Company who has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on accusations that Hagedorn failed to provide FINRA with a response to its request for Hagedorn’s information. Case No. 201705565410…
James Craig Chesser II, of Champaign, Illinois, a stockbroker formerly registered with the O.N. Equity Sales Company, is the subject of a customer initiated investment related arbitration claim, where the customer requested $6,900,000.00 in damages supported by accusations that Chesser inappropriately managed the customer’s investment portfolio of mutual funds, insurance products, equities and variable annuities….
Ronald Clagget Knowles, of Lake Charles, Louisiana, a stockbroker formerly registered with The O.N. Equity Sales Company, has been named in a customer initiated investment related written complaint on April 13, 2017, in which the customer requested $17,000.00 in damages based upon allegations that Knowles made misrepresentations to the customer concerning annuity products, effected transactions…
Glenn Thomas Colangelo, of Salem, Oregon, a stockbroker formerly registered with The O.N. Equity Sales Company, has been named in a customer initiated investment related written complaint, which settled on March 15, 2017, for $300,921.00 in damages based upon allegations that Colangelo failed to act in the customer’s best interest pertaining to the customer’s investment…