Tag Archives: O.N. Equity Sales Company

SEC Bars ONESCO Stockbroker For Personal Use Of Customer Funds

November 04, 2020  |   Posted by :   |   Customer Loans, Securities Arbitration Claims   |   Comments Off on SEC Bars ONESCO Stockbroker For Personal Use Of Customer Funds

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 […]

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Forked River Stockbroker Sanctioned For Private Securities Transaction

September 14, 2020  |   Posted by :   |   Selling Away and Outside Activities   |   Comments Off on Forked River Stockbroker Sanctioned For Private Securities Transaction

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 […]

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ON Equity Stockbroker Barred For Customer Loan

April 23, 2020  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   Comments Off on ON Equity Stockbroker Barred For Customer Loan

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 […]

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FINRA Suspends ON Equity Broker For Failure To Respond

March 07, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

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 […]

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ON Equity Sales Company Sued For Account Mismanagement

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. […]

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The ON Equity Sales Complaint Alleges Fraud

June 08, 2017  |   Posted by :   |   Breach of Fiduciary Duty, Variable Annuites   |   0 Comments

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 […]

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ON Equity Sales Named In Complaint

May 25, 2017  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

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 […]

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