Tag Archives: PFS Investments Inc.

Investors File FINRA Securities Arbitration Claim Against PFS Investments For Selling Away

Robert Frederick Genito, of Bonita Springs, Florida, a stockbroker formerly registered with PFS Investments Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $90,000.00 in damages based upon allegations of Genito failing to pay on a promissory note that he issued to the customer relating to […]

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FINRA Bars PFS Investments Stockbroker In Customer Theft Investigation

October 19, 2021  |   Posted by :   |   Elder Financial Abuse, Investment and Regulatory News, Misappropriation of Funds   |   Comments Off on FINRA Bars PFS Investments Stockbroker In Customer Theft Investigation

Jeffrey Dampf of Totowa New Jersey a stockbroker formerly registered with PFS Investments Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he did not respond to FINRA’s instructions when he was investigated for possibly misappropriating customer funds while he was registered with […]

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Investors File Arbitration Claim Against PFS Investments

August 06, 2021  |   Posted by :   |   Breach of Fiduciary Duty, FINRA Securities Arbitration, Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Investors File Arbitration Claim Against PFS Investments

Perry De Leeuw (also known as Perry Lynn De Leeun and as Perry Lynn Deleeuw) of Duluth Georgia a stockbroker formerly registered with PFS Investments Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $152,715.00 in damages based on accusations of the customer incurring damages after providing […]

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FINRA Bars PFS Stockbroker In Investigation

July 31, 2021  |   Posted by :   |   Forgery, Investment and Regulatory News   |   Comments Off on FINRA Bars PFS Stockbroker In Investigation

Juan Manuel Ceja of Medford Oregon a stockbroker formerly registered with PFS investments Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he failed to comply with FINRA’s investigation into his potential falsification of customer signatures. Letter of Acceptance Waiver and Consent No. […]

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FINRA Bars PFS Stockbroker In Investigation Over Customer Estate

May 31, 2021  |   Posted by :   |   Investment and Regulatory News, Misappropriation of Funds   |   Comments Off on FINRA Bars PFS Stockbroker In Investigation Over Customer Estate

Eric John Vici of Melbourne Florida a stockbroker formerly registered with PFS Investments Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Vici hindered FINRA’s investigation into accusations of his misuse of customer funds. Letter of Acceptance Waiver and Consent No. 2021069176201 (May […]

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PFS Sued By Investors For Promissory Notes

January 19, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Promissory Notes, Selling Away and Outside Activities   |   Comments Off on PFS Sued By Investors For Promissory Notes

Robert Frederick Genito of Bonita Springs Florida a stockbroker formerly registered with PFS Investments Inc. is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer sought $100,000.00 in damages supported by allegations that the customer had been issued a promissory note through Genito and that the stockbroker defaulted on […]

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PFS Stockbroker Sanctioned By FINRA For Customer Loans

November 04, 2020  |   Posted by :   |   Customer Loans, Securities Arbitration Claims   |   Comments Off on PFS Stockbroker Sanctioned By FINRA For Customer Loans

Michael Kris Pina of Fort Lauderdale Florida a stockbroker formerly employed by PFS Investments Inc. has been fined $10,000.00 and suspended for sixteen months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Pina borrowed money from customers of the securities broker dealer. Letter of Acceptance Waiver […]

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FINRA Sanctions PFS Stockbroker In Loan Referral Kickback Scheme

July 11, 2020  |   Posted by :   |   Selling Away and Outside Activities   |   Comments Off on FINRA Sanctions PFS Stockbroker In Loan Referral Kickback Scheme

Keith Trevor Rich of Marietta Georgia a stockbroker formerly employed by PFS Investments Inc. and JP Morgan Securities LLC has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that Rich engaged in an undisclosed outside business activity while employed by PFS Investments […]

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FINRA Bars PFS Investments Stockbroker For Conversion

May 12, 2020  |   Posted by :   |   FINRA Securities Arbitration, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on FINRA Bars PFS Investments Stockbroker For Conversion

Albert Harkless III of Temple Hills Maryland a stockbroker formerly registered with PFS Investments Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he converted a customer’s funds. Letter of Acceptance Waiver and Consent No. 2018060290901 (Apr. 20, 2020). According to […]

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PFS Investments Stockbroker Barred For Lying About Customer Loan

May 12, 2020  |   Posted by :   |   Customer Loans   |   Comments Off on PFS Investments Stockbroker Barred For Lying About Customer Loan

Robert Renteria (also known as Roberto Herrera) of El Paso Texas a stockbroker formerly registered with PFS Investments Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Renteria lied to FINRA about borrowing from a customer of PFS Investments. Letter of Acceptance Waiver […]

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FINRA Sanctions PFS Stockbroker For Forgery

September 13, 2019  |   Posted by :   |   Forgery, Investment and Regulatory News   |   0 Comments

Vitthal Mathurbmas Patel of Denville New Jersey a stockbroker formerly registered with PFS Investments Inc. has been fined $5,000.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Patel forged customer account documents. Letter of Acceptance Waiver and Consent No. […]

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FINRA Sanctions PFS Stockbroker For Violating Suspension

September 13, 2019  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Daniel William Staudacher of Dallas Texas a stockbroker formerly registered with PFS Investments Inc. has been fined $10,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Staudacher violated the terms of a previously imposed FINRA suspension for unauthorized trading […]

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FINRA Bars PFS Stockbroker In Investigation

Diane Qun Zhu of San Francisco California a stockbroker formerly registered with PFS Investments Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Zhu obstructed a FINRA investigation into allegations of her potential outside activities referenced by PFS Investments Inc. when Zhu had […]

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FINRA Bars PFS Stockbroker In Sales Practices Investigation

May 23, 2019  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Arturo Alejandro Nunez of Miami Lakes Florida a stockbroker formerly registered with PFS Investments Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Nunez failed to cooperate in FINRA’s investigation into allegations of his sales practice violations and unauthorized commission splitting arrangement. Letter […]

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PFS Sued For Stockbroker’s Sale of Outside Investments

Perry De Leeuw of Duluth Georgia a stockbroker formerly registered with PFS Investments Inc. is the subject of a customer initiated investment related arbitration claim which was resolved for $100,000.00 in damages based upon allegations that the customer sustained losses on money provided to Leeuw for an outside business investment that Leeuw supposedly concealed from […]

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PFS Investments Discharges Broker For Forgery

Vitthal Mathurbmas Patel of Denville New Jersey a stockbroker formerly employed by PFS Investments Inc. has been discharged by the firm on August 27, 2018 founded on accusations that Patel forged a customer’s signature to an account document. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that on December 17, 2002, a customer filed an […]

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SEC Bars PFS Investments Stockbroker For Stealing

Barkley JW Lundy Jr. (also known as Mike Lundy Jr.) of Rapid City South Dakota a stockbroker formerly registered with PFS Investments Inc. has been barred by Securities and Exchange Commission (SEC) from having any association with any broker or investment adviser according to an Order containing findings that Lundy committed fraud. In the Matter […]

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PFS Broker Suspended For Failure To Respond

September 12, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Damian Serret of Miami Lakes Florida a stockbroker formerly employed by PFS Investments Inc. has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on accusations that Serret failed to provide information to FINRA after it was formally requested of him. Case No. 2017056033901 (July 5, 2018). FINRA […]

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PFS Investments Broker Barred By FINRA For Stealing

Daniel Noah Winger of Federal Way Washington a stockbroker formerly registered with PFS Investments Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he converted funds belonging to a customer of the firm. Letter of Acceptance Waiver and Consent No. 2018059559101 […]

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PFS Fires Stockbroker For Sales Practice Violations

August 25, 2018  |   Posted by :   |   Boilerroom Sales, Forgery, Investment and Regulatory News   |   0 Comments

Arturo Alejandro Nunez of Miami Lakes Florida a stockbroker registered with PFS Investments Inc. has been discharged on October 20, 2017 founded on accusations of the ceasing of all contractual arrangements between Nunez and the firm and its affiliates. The firm contended that Nunez had unresolvable issues related to his sales practices. Nunez has previously […]

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FINRA Fines PFS Stockbroker For Bad Annuity Practices

June 25, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Donald Lane Preston of Worthington Ohio a stockbroker formerly registered with PFS Investments Inc. has been fined $10,000.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Preston made unsuitable investment recommendations to customers and false statements to his employer. […]

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FINRA Suspends PFS Broker For Outside Business Activities

Richard Kyle Taylor of Duluth Georgia a stockbroker formerly registered with PFS Investments Inc. 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 engaged in unapproved outside business activities. Letter of Acceptance Waiver and Consent No. 2016049902901 (Apr. […]

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PFS Broker Barred By FINRA For Failure To Respond

May 17, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

William Upchurch Jr. of Largo Maryland a stockbroker formerly employed by PFS Investments Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that he neglected to provide FINRA with a response to FINRA’s request for Upchurch’s information. Case No. 2015047841901 (Nov. 1, 2016). Apparently, […]

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FINRA Bars PFS Stockbroker For Commingling Funrds

December 15, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Jermaine Joseph, of Hialeah Gardens, Florida, a stockbroker registered with PFS Investments Inc., has been fined and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on consenting to findings that he commingled a customer’s funds, served as personal representative to a customer in violation of the firm’s policies, […]

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PFS Investments Stockbroker Barred For Misrepresentation

August 31, 2017  |   Posted by :   |   Selling Away and Outside Activities, Variable Annuites   |   0 Comments

Rennie M. Roach, of Avondale, Arizona, a stockbroker formerly registered with PFS Investments Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that he declined to provide FINRA staff with information that was requested of him in reference to his business activities. Case No. […]

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PFS Investments Stockbroker Suspended By Regulator

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

Marco A. Daniel, of Chula Vista, California, a stockbroker currently registered with PFS Investments Inc., has been suspended from conducting business with California residents in an insurance capacity pursuant to a California Department of Insurance Order containing findings that Daniel was sanctioned by Financial Industry Regulatory Authority (FINRA) for sales practice violations. PLBS 10438-AP (Apr. […]

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PFS Investments Named In Customer Complaint

June 08, 2017  |   Posted by :   |   Variable Annuites   |   0 Comments

Karonne Tace Carlsen, of San Jose, California, a registered representative currently associated with PFS Investments Inc., has been named in a customer initiated investment related written complaint on April 13, 2017, wherein the customer requested more than $5,000.00 in damages based upon allegations that Carlsen made a faulty investment recommendation for the customer to liquidate […]

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PFS Investments Stockbroker Suspended For Unauthorized Trading

January 26, 2017  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Daniel Staudacher, of Dallas, Texas, a stockbroker currently registered with PFS Investments Inc., 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 Staudacher, inter alia, effected unauthorized transactions in customer accounts. Letter of Acceptance, Waiver and Consent, No. 2016048603001 […]

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PFS Investments Registered Representative Suspended For Misappropriation Of Funds

Gerard F. Cipolla, of Rego Park, New York, a registered representative with PFS Investments Inc., was permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member firm in any capacity after consenting to findings that he obstructed a FINRA investigation into allegations of Cipolla’s unsuitable investment recommendations. Letter of Acceptance, Waiver and Consent, […]

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PFS Investments Stockbroker Suspended for Unauthorized Loans

January 21, 2016  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Marco Antonio Daniel of Chula Vista, California, a stockbroker with PFS Investments, Inc., was suspended for four months from association with any Financial Industry Regulatory Authority (FINRA) member firm in any capacity after engaging in unauthorized loans with a customer and engaging in an unauthorized outside business activity. Letter of Acceptance, Waiver and Consent, No. […]

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