Daniel B. Irving of Erie Pennsylvania a stockbroker formerly registered with PNC Investments 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 mismarked customer’s investment orders as having been unsolicited. FINRA Enforcement Action No. 2014043146201 (July 12, 2018)….

Jeffrey Alan Nedley of Washington Pennsylvania a stockbroker formerly employed by PNC Investments is the subject of a customer initiated investment related arbitration claim where the customer sought $5,000,000.00 in damages based upon allegations that unsuitable investment recommendations had been made to the customer concerning variable and fixed annuities. FINRA Arbitration No. 16-02420 (Sept. 1,…

Philip Anthony Marchetti of Pompton Plains New Jersey is a stockbroker formerly registered with PNC Investments who has been fired on August 5, 2016 supported by allegations that he failed to be forthcoming with supervisory personnel at PNC in an investigation into whether Marchetti executed unauthorized trades in an account owned by a firm customer….

Multiple Financial Industry Regulatory Authority (FINRA) member broker dealers, including Robert W. Baird & Co, Inc., BB&T Securities, LLC., U.S. Bancorp Investments, Inc., Fifth Third Securities, Inc., and PNC Investments LLC, were recently censured and ordered to pay restitution to customers after consenting to findings that the firms’ overcharged customers in mutual funds purchases, and…