Russell Anderson, a broker and investment advisor with PRUCO SECURITIES, LLC. (CRD 5685) in Florida, is facing allegations of mishandling paperwork and failing to fully disclose facts regarding fees, resulting in a customer’s loss of promised investment revenue. The customer dispute, filed on February 5, 2024, was denied, but the allegations involve a variable annuity […]
In a recent development, a customer dispute against financial advisor Gary Conley and his firm, American Investors Company, has been closed without any action taken. The client alleged that an investment purchased in April 2015 was illiquid and, therefore, high-risk and unsuitable. The investment in question was a direct investment, specifically a DPP & LP
Client Misunderstanding Clears Advisor Gary Conley and Firm American Investors Company Read More »
In a recent development, a customer dispute has been filed against Edward Barfield, a registered representative of Geneos Wealth Management, Inc. (CRD #4257082) in the state of Missouri. The claimant alleges that Barfield made unsuitable recommendations regarding insurance products. The disclosure, which is currently pending resolution, was reported on February 5, 2024, and involves a
Lawrence Roger Rice (CRD #375304) was permanently barred by FINRA in August 2024 following his refusal to provide documents related to allegations detailed in his Form U5. This regulatory action represents the most serious penalty available under securities law. Rice’s most recent employment was with Centaurus Financial, Inc. from October 2022 until February 2024, where
Lawrence Rice Barred By FINRA: What Investors Need to Know Read More »
Jeffrey Peterson, a financial advisor with Northwestern Mutual Investment Services, LLC, is currently under investigation by Haselkorn & Thibaut, P.A., a national investment fraud law firm, following allegations of unsuitable investment recommendations. The firm, with offices in Florida, New York, North Carolina, Arizona, and Texas, is offering free consultations to clients who may have suffered