Tag Archives: SII Investments Inc.

Investors Accuse SII Investments Of Unsuitable Recommendations

Richard Scott Laskin of East Brunswick New Jersey a stockbroker formerly registered with SII Investments Inc. is the subject of a customer initiated investment related complaint on September 17, 2019 where the customer requested $57,527.00 in damages founded on accusations that unsuitable stock transactions had been executed in the customer’s investment account while Laskin was […]

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Investors Sue SII Investments For Fraud In Connection With The Sale Of REITs

Jason Bradley Scarcella of Bartlesville Oklahoma a stockbroker formerly registered with SII Investments Inc. is the subject of a customer initiated investment related arbitration claim which was settled for $35,000.00 in damages supported by accusations that Scarcella made false or misleading statements to the customer concerning the income and safety of real estate investment trust […]

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Customer Accuses SII Investments Of Suitability

August 13, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Donald Eugene Baxter of Wichita Kansas a stockbroker formerly registered with SII Investments Inc. is referenced in a customer initiated investment related written complaint which was resolved for $23,726.63 on May 31, 2017 based upon allegations that Baxter was placed into a variable annuity that was not suitable for the customer. Financial Industry Regulatory Authority […]

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SII Investments Sanctioned For Failure To Supervise

SII Investments Inc. a broker-dealer headquartered in Appleton Wisconsin has been censured and fined $325,000.00 by Financial Industry Regulatory Authority (FINRA) based upon the firm’s consent to findings that the firm (1) failed to supervise its registered representatives’ variable annuity recommendations to customers and (2) failed to supervise its unit investment trust business to ensure […]

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SII Accused By Customer Of Annuity Misrepresentation

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

Joel Howard Weber of Saint Cloud Minnesota a stockbroker formerly registered with SII Investments, Inc. is the subject of a customer initiated investment related written complaint on April 2, 2018 where the customer requested $69,220.00 in damages based upon accusations that misrepresentations had been made to the customer concerning a variable annuity income benefit. Financial […]

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SII Stockbroker Terminated For Cause

February 19, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Timothy Charles Sullivan of San Ramon California is a stockbroker registered with SII Investments Inc. who has been fired in December 2017 based upon accusations that he utilized unauthorized communication vehicles and failed to make required regulatory disclosures. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Sullivan has been referenced in nine customer initiated […]

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SII Investments Stockbroker Charged With Fraud

Scott Newsholme, of Farmingdale, New Jersey, a stockbroker formerly registered with SII Investments, Inc. who also worked as a tax preparer and investment adviser for MVP Financial LLC, was charged by the Securities and Exchange Commission (SEC) in a Complaint alleging that Newsholme, inter alia, misappropriated funds from investment advisory customers and made misrepresentations to […]

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SII Investments Named in Barred Broker Annuity Scam

Thomas Paul Schober, of Westborough, Massachusetts, a former stockbroker who had been registered with SII Investments, Inc., has been subject to a customer initiated investment related arbitration claim on September 21, 2016, in which the customer requested $5,000.00 in damages based upon allegations that Schober effected unsuitable investment transactions in the customer’s account. FINRA Public […]

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SII Investments Stockbroker Barred For Annuity Twisting

Thomas P. Schober, of Westborough, Massachusetts, a stockbroker with SII Investments, Inc., was permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member after consenting to findings that he made unsuitable recommendations to customers and attempted to conceal his misconduct to his firm. Letter of Acceptance, Waiver and Consent, No. 2015044007001 (Mar. 3, […]

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