Category Archives: LPS Partners

John  J. Gorman IV-Former Tejas Securities Group Broker-Discloses Regulatory Matter-Austin, TX

June 2017- Austin, TX

According to publicly available records     John  J. Gorman IV  (CRD#1070636) ,  a  stockbroker who is currently unregistered disclose a currently pending regulatory matter, 3 prior regulatory events,  2 prior customer disputes, 2 terminations from employment and 2 outstanding judgment/liens.

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 1/2017 Gorman was named in a FINRA complaint alleging that he willfully failed to timely amend his Form U4 to disclose federal tax liens and that he failed to timely respond to FINRA requests for information and documents pertaining to an investigation concerning Gorman’s alleged use of business funds to pay personal expenses. That matter is currently pending.

Gorman discloses a $723,477 (reduced to $291,000)  lien in favor of the IRS filed in Travis County, TX. He also discloses a civil judgment in the amount of $1.6 million in favor of Centennial Bank, filed in Steamboat Springs, Routt County, CO district court.

Gorman’s  prior history as a registered representative includes LPS Partners, Odeon Capital and Tejas Securities Group. 

If you have questions about an account handled by John J. Gorman IV  contact us to discuss your legal 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

 

Austin, Texas-Former WFG Broker Named In Regulatory Complaint

January 22, 2016- Austin, Texas

Harvey B. Vaughn, Jr. was named in a disciplinary proceeding ( #2015045409001) filed ty the Financial Industry Regulatory Authority (FINRA) alleging that he willfully failed to timely amend his Form U4 to disclose that he had filed a bankruptcy petition in the U.S. Bankruptcy Court for the Western District of Texas (Austin).

The complaint also alleges that Vaughn failed to timely amend FINRA reporting forms to disclose an unsatisfied federal tax lien.  The complaint seeks monetary sanctions and other relief.

FINRA records indicate that Vaughn was most recently registered as follows:

  • 8/2015-11/2015                 Columbus Advisory Group
  • 7/2015-11/2015                  LPS Partners
  • 5/2015-7/2015                     Odeon Capital Group
  • 7/2014-5/2015                      Transcend Capital
  • 1/2003-6/2014                       WFG Investments

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

 

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