Category Archives: du Pasquier & Co.

James L. Powers-Former Du Pasquier Broker-Named In Regulatory Complaint-Hoboken, NJ

April 2017- Hoboken, New Jersey

According to publicly available records James L. Powers  , (CRD# 1793348) ,  a  currently unregistered stockbroker who was last registered with IFS Securities  discloses a pending  regulatory event.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In November 2016 FINRA filed a complaint alleging that while employed by Du Pasquier & Co., Powers used his control over firm trading accounts to create fictitious trades between a firm trading account and his personal account for his own personal profit, converted customer funds, and hid a loss he incurred in a firm trading account by repeatedly entering unauthorized, fictitious customer trades and cancelling them before settlement. FINRA Case 2014041985401. 

Powers’ prior employment includes IFS Securities, Celadon Financial Group, Aegis Capital Corp. and Du Pasquier & Co. Powers discloses that he he drives for Uber approximately 20 hours per week.

If you have questions about an account handled by James L. Powers, call to discuss your options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Ex-du Pasquier & Co. Broker Miles Bahl Sanctioned by Securities Regulator

January 20, 2015-New York

In an Order Accepting Offer of Settlement, the Financial Industry Regulatory Authority (FINRA) barred Miles A. Bahl from the securities industry. FINRA Disciplinary Proceeding 2011027338901.

FINRA alleged that Bahl, who was registered with du Pasquier & Co. from October 2005-July 2014, made fraudulent misrepresentations in connection with the sale of over $3 million worth of notes issued by Economic Development Finance Corporation (EDFC)  a Massachusetts real estate development company. With one exception, EDFC defaulted on all principal payments resulting in significant losses.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Securities Regulators Sue Three Brokers Over Sale of Economic Development Finance Corporation Notes

December 9, 2014

FINRA filed a disciplinary complaint against three brokers in connection with the sale of notes issued by Economic Development Finance Corporation (EDFC) a real estate development company in Massachusetts.

The complaint alleges that in all but one instance EDFC defaulted resulting in substantial losses. Miles A Bahl and Conrad R. Huss are charged with recklessly misrepresenting the notes to prospective investors. Christopher j. Moran is alleged, on behalf of his employer du Pasquier &Co.,  to have failed to establish and maintain written supervisory procedures concerning the offer and sale of private placements, such as the EDFC Notes and to have failed to supervise Bahl and Huss.

FINRA records indicate that:

  • Miles Bahl was registered with du Pasquier & Co. 10/2005-7/2014 and has been permanently barred by the SEC from engaging in certain activities
  • Conrad Huss is not currently registered. He was previously registered with Ocean Cross Capital Markets 8/2011-1/2013. Prior to that he was registered with Southridge Investment Group 11/2006-9/2011 and before that du Pasquier & Co. 1/2005-10/2006.
  • Christopher Moran is currently registered with Aegis Capital Corp. since 7/2014. He was previously registered with du Pasquier & Co. 9/1989-7/2014

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870