Category Archives: United Planners Financial Services

Mark C. O’Meara – McNally Financial Services Broker-Discloses Customer Disputes-Georgetown, TX

June 2017 – Georgetown, TX

According to publicly available records Michael C. O’Meara  (CRD#2652113) ,  a  stockbroker who currently works for San Antonio-based McNally Financial Services Corp.  discloses three prior final customer disputes

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.

Prior customer disputes against Michael C. O’Meara resulting in the payment of compensation include:

  • FINRA 12-03167 -While employed by Investors Capital, Corp. a customer sought damages of $400,000 and alleged unsuitability in connection with the purchase direct participation programs  & limited partnership interests.   The case was settled in the amount of $125,000.
  • While employed with Banc One Securities Corporation,  a customer sought damages of $73,454  and alleged “failure to execute an order to sell” involving Mutual Funds.   That case was settled in the amount of $65,000.

O’Meara has been employed  by McNally Financial Services since 8/2013.    He was previously employed by Investors Capital, Corp. from 7/2008 to 1/2011, Genworth Financial Serviced 1/2011-3/2011, United Planners Financial Services 3/2011-7/2013.

O’Meara discloses a business affiliation with O’Meara Financial Services in Georgetown, TX.

If you have losses in an account handled by Mark C. O’Meara, you may be able to recover damages from his employer through FINRA arbitration. 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

Richard Cella – Former Investors Capital Broker- Discloses Customer Dispute- Danvers, MA

April 2017- Danvers, MA

According to publicly available records Richard C. Cella, (CRD#1225988) ,  a  stockbroker who  was previously registered with Investors Capital Corp. discloses a customer dispute over a tenant in common investment (TIC).

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 FINRA case #14-01842 a customer of Investors Capital Corp. alleged damages of  $1,991,869 in connection with a tax free exchange  utilizing a tenant in common property (TIC).   The case was settled for $715,000.

Cella was employed with Investors Capital from November 2003 until August of 2016. He is currently employed by United Planners Financial Services. He discloses a business affiliation with Ipswich Bay Advisors and 401K Capital Advisory.

INVESTORS CAPITAL CORP. SUBJECT OF 21 REGULATORY MATTERS–CEASES OPERATIONS FALL 2016

Investors Capital Corp. withdrew its registration with FINRA in fall 2016. Investors Capital has been named in 21 regulatory matters and a number of customer arbitrations. For more information on Investors Capital Corp, follow this link. 

If you have questions about an account in an account handled by Richard Cella 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

Donald A. Bartelt-Former Newport Coast Securities Broker-Discloses Pending Regulatory Action for Churning

July 2016-Cave Creek, AZ

The FINRA records of Donald A. Bartelt  , a former stock broker who was last employed by  Newport Coast Securities  disclose a pending regulatory event,  a prior customer dispute , a pending customer dispute and a pending financial 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.

Bartelt‘s FINRA disclosure reports that he is named in a FINRA complaint alleging that he, with his then member firm Newport Coast Securities and other firm representatives excessively traded and churned customer accounts. FINRA alleges that the trading was excessive in light of and inconsistent with, the customer’s investment objectives. FINRA Case# 2012030564701.

In the currently pending dispute a customer of Newport Coast Securities alleges damages of $113,000 for misconduct from 6/18/2010-1/23/13.

Bartelt discloses a pending Chapter 13 bankruptcy proceeding in the District of Arizona.

Bartelt was employed by   Newport Coast Securities  from 5/2010-8/2014. Prior to that he was with United Planners Financial Services. He is not currently registered with any FINRA broker dealer.

Investors who suffered losses in an account handled by Donald A. Bartelt may be entitled to recover damages through FINRA arbitration.

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

James F. Fosbre-Former United Planners Broker-Discloses Termination From Employment-Bayville, NJ

Bayville, New Jersey

According to FINRA records,  James F. Fosbre, IV  a stockbroker  who formerly worked for United Planners Financial Services ,  discloses a prior final customer dispute , a termination from employment and five pending 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.

James F. Fosbre discloses that in 2/2016 he was permitted to resign from United Planners Financial Services , who made the following allegation in connection with the termination: “failure to update U4 Financial Disclosure (bankruptcy) in a timely manner“.

Fosbre discloses that he was discharged from Chapter 7 bankruptcy in 8/2015.

Fosbre  was been employed by United Planners Financial Services  from 9/1999-2/2016. He has been employed by Fortune Financial Services since 2/2016.

If you have questions about an account handled  by James F. Fosbre, IV , call for a no charge consultation.

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

Eric W. Harding-Former Wells Fargo Broker-Discloses Terminations-Scottsdale, AZ

UPDATE APRIL 2017United Planners Financial Services of America discloses that Eric W. Harding was discharged 10/2016 for “Failure to follow firm procedures and repay amounts owed to the firm.”

ORIGINAL POST JUNE 2016-Scottsdale, AZ

According to FINRA records,  Eric W. Harding  a stockbroker  who formerly worked for Wells Fargo Advisors ,  discloses  ten prior final customer disputes and a termination from employment.

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.

Eric W. Harding discloses that in 12/2015 he was discharged from Wells Fargo Advisors, who made the following allegation in connection with the termination: “Mr. Harding instructed another team member to provide incorrect information on his business expense records. The conduct at issue did not negatively impact client funds or investments”.

Of the ten prior customer disputes, 7 resulted in monetary settlements.

Harding  has been employed by United Planners Financial Services  since 2/2016. He was employed by Wells Fargo Advisors from  2/2002-1/2016.

If you have questions about an account handled  by Eric W. Harding , call for a no charge consultation.

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

Marvin T. Petty-United Planners Broker-Discloses Customer Dispute

Fort Worth, Texas

According to FINRA records,  Marvin T. Petty, Jr.  a stockbroker  who works for United Planners Financial Services ,  discloses  a pending customer dispute.

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.

Marvin T. Petty discloses that a customer has alleged damages of $350,000. The firm notes “to meet the client’s income needs the representative implemented, with the consent of the client, a strategy of selling covered options between November 2013 and March 2015. In March 2016 the representative received a complaint letter noting suitability and tax consequences.” The matter is under review.

Petty  has been employed by United Planners Financial Services  since 9/2011. He was employed by Weaver Tidwell Capital prior to that.

If you have questions about an account handled  by Marvin T. Petty , call for a no charge consultation.

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

Beth E. Dutoit, Edward Jones/United Planners Broker Sanctioned for Forgery-Norman, Oklahoma

Norman, OK

MAY 2017 UPDATE-In January 2017 Beth E. Dutoit was suspended for three months by FINRA and fined $5,000 to resolve allegations that she had customers sign blank forms to facilitate the transfer of multiple accounts to Edward Jones and other allegations related to signatures.

ORIGINAL POST-February 25, 2016

The Oklahoma Department of Securities suspended the registration of Beth E. Dutoit (aka Beth E. Arthur, Beth Ellen Arthur, Beth E. Du Toit)  for six months beginning 1/1/2016 for copying a client’s signature onto a form without the client’s consent.

According to FINRA records Dutoit was ‘permitted to resign’ from Edward Jones, where she was employed in the Norman/Edmond office from 10/2011-5/2015. Edward Jones indicated on the FINRA record that Dutoit’s resignation came during an internal investigation related to her placing client’s initials on a firm document and submitting duplicated signed customer documents.

After leaving Edward Jones, Dutoit went to work with United Planners’ Financial Services of America in May 2015. FINRA records indicate that Dutoit was discharged in September 2015. United Planners indicated on the FINRA record that the discharge was related to forgery.

If you have questions about an account that was handled by Beth Dutoit, call to speak with an experienced securities attorney.

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