Sherwin Edison Sargeant, also known as Sherwin Sargeant, a former stockbroker with Planmember Securities Corporation in Orlando, Florida, has been barred by Financial Industry Regulatory Authority (FINRA), effective November 5, 2024. Letter of Acceptance, Waiver, and Consent (AWC) No. 2023079285701. FINRA launched an investigation into Sargeant regarding undisclosed outside business activities, including potential involvement with…
Richard Chester Zientarski (also known as Rick Zientarski), of Punta Gorda, Florida, a stockbroker registered with Planmember Securities Corporation, was the subject of a customer initiated investment related complaint that was settled on March 6, 2024, for $15,000.00 in damages based upon allegations that Zientarski misrepresented a variable annuity as a liquid savings investment during…
Quincy DeEarl Caldwell of Katy Texas a stockbroker formerly registered with PlanMember Securities Corporation has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that the stockbroker gave customers bad investment advice concerning mutual funds and had caused them to…
Planmember Securities Corporation a securities broker dealer with main offices in Carpinteria California has been censured and fined $90,000.00 by Financial Industry Regulatory Authority (FINRA) based in part upon findings that (1) Planmember Securities Corporation failed to supervise the execution of variable annuity exchanges to determine if they were appropriate for customers and (2) Planmember…
Raymond Adam Menna, of PlanMember Securities Corporation, is the subject of a customer initiated investment related arbitration claim, where the customer sought $1,000,000.00 in damages supported by accusations that Menna made misrepresentations and omissions to the customer, effected transactions in the customer’s account that were not suitable, and traded equities without the customer’s consent. Financial…
Christopher Michael Connolly, of Houston, Texas, a registered representative formerly associated with Planmember Securities Corporation, has been named in a customer initiated investment related civil action on February 6, 2017, in which the customer requested $250,000.00 in damages based upon allegations that Connolly failed to inform the customer about costs pertaining to the customer’s life…
Jimmy Wayne Freeman, a broker with Texas-based PlanMember Securities Corp., was ordered by the Texas Securities Board to pay more than $500,000 in restitution to investors after he sold them securities issued by an outside firm without his firm’s permission and without holding the appropriate securities license. Freeman was also suspended for 12 months from…