Haselkorn & Thibaut, a national investment fraud law firm, has announced an investigation into Alfred Gerald Block (“Archie Block”), a former stockbroker based in Little Silver, NJ, most recently registered with Buckman, Buckman & Reid, Inc. If you believe you may have sustained investment losses with Mr. Block as your advisor, we encourage you to read this report in full and take advantage of a no-cost, no-obligation consultation by calling 1-888-885-7162. Our firm’s 50+ years of experience and a 98% success rate have resulted in millions recovered for investors nationwide. All cases are handled on a contingency basis: No recovery, no fee.
Overview of Alfred Gerald Block (CRD 1192064) and His Background
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Alfred Gerald Block, commonly known as Archie Block, is a former FINRA-registered broker with a career spanning several decades and multiple broker-dealer affiliations. Most recently, he was associated with Buckman, Buckman & Reid, Inc., but has also been registered with:
- Buckman, Buckman & Reid, Inc.
- ViewTrade Securities, Inc.
- ViewTrade Financial
- Barron Chase Securities, Inc.
- First Montauk Securities Corp.
- Marsh, Block & Co., Inc.
As of the most recent updates, Mr. Block is not currently registered with any FINRA-member firm. This status is a potential red flag for investors seeking active and compliant financial advisors.
Regulatory History and Allegations
In the course of his career, Alfred Gerald Block’s record contains a history of regulatory actions, customer complaints, and substantial arbitration awards. Here is a summary of key disclosures:
| Event | Date | Details |
|---|---|---|
| Customer Arbitration Award | June 2025 | Settled for $1,250,000 in a dispute alleging churning in options trading while at Buckman, Buckman & Reid, Inc. (FINRA Case No. 24-01778). |
| Arbitration Award | 1997 | Joint liability for $380,898 to a customer alleging misrepresentation, breach of fiduciary duty, unauthorized trading, and suitability violations at Marsh, Block & Co., Inc. |
| Regulatory Sanctions | Various | Disciplined three times by securities regulators, including a $50,000 SEC fine and suspension for aiding and abetting violations of the Securities Exchange Act by his firm. |
Common Allegations Against Alfred Gerald Block
- Churning: Excessive trading in client accounts designed to generate commissions, potentially violating FINRA Rule 2111 and Rule 2010.
- Unauthorized Trading: Executing securities transactions in accounts without the required client consent.
- Misrepresentation and Omissions: Failing to disclose or intentionally omitting material facts that could impact an investor’s decision-making.
- Breach of Fiduciary Duty: Failing to act in the client’s best interest as required by industry standards.
What Does This Mean for Investors?
Regulatory and legal actions such as these are significant warning signals for investors. Churning and unauthorized trading can result in unnecessary fees, tax consequences, and portfolio losses. Misrepresentations may lead investors to purchase unsuitable products or take risks beyond their intended risk tolerance. A breach of fiduciary duty means your financial interests might not have been put first.
Red Flags for Current and Former Clients of Alfred Gerald Block
- Excessive trading activity, particularly options trading, not aligned with your investment goals.
- Transactions in your account that you did not specifically authorize.
- Unexplained losses, fees, or frequent switching of investment products.
- Lack of clear and honest communication about account activity or investment risks.
- Being pressured into investment strategies or products that seem highly speculative or complex.
If you have noticed any of these issues, it may be a sign that your account was not managed in your best interests, and you may have grounds to seek recovery of your investment losses.
How to Verify and Investigate Further
You can independently look up disclosures against Alfred Gerald Block (CRD 1192064) by using FINRA’s BrokerCheck tool. Search by his name or CRD number to review “Disclosure” and “Registration History” sections. Public regulatory and civil court records can also be checked for additional detail about disciplinary actions or lawsuits.
Next Steps: What Can You Do?
If you believe you suffered losses with Alfred Gerald Block, or simply want clarity regarding your account activity, contact Haselkorn & Thibaut today at 1-888-885-7162 for a free, confidential case review. With our national reach, decades of experience, and client-centered approach, our attorneys are here to answer your questions and explain your options—there is never a fee unless we recover money for you.
- Complimentary consultation with an experienced investment fraud attorney
- No recovery, no fee—your interests come first
- Over 50 years’ combined experience holding brokers and broker-dealers accountable
- 98% success rate and millions in recoveries for investors like you
You do not have to navigate these issues alone. Our investigation into Alfred Gerald Block is ongoing, and your information or concerns can help us protect others while working toward your recovery. Take your first step today—call Haselkorn & Thibaut at 1-888-885-7162 or visit us directly online. Delay may limit your options, so prompt action is strongly encouraged.
