Category Archives: Washington State Securities Regulators

Donald L. Wells-Titan Securities Broker-Sanctioned Over Sales of Life Partners Viaticals-Seattle, WA

April 2017-Seattle, WA

The FINRA records of  Donald L. Wells ,  a   stockbroker who is currently registered with Titan Securities disclose a prior regulatory matter and a  prior final 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.

In August 2016 Washington securities regulators entered a cease and desist order and fine and costs of $2,700 to resolve allegations that Wells and others violated the Securities Act of Washington through the offer and sale of $17 million of Life Partners, Inc. life settlements to Washington residents from 2009-2014.

Donald L. Wells  has been employed by Titan Securities since 3/2010.

Titan Securities is headquartered in Dallas, Texas, and has been a FINRA member since 2004. They have about 13 brokers located in 7 branch offices in:

  • Arlington, TX
  • Abilene, TX
  • Overland Park, KS
  • Dallas, TX
  • Rowlett, TX
  • Henrico, VA
  • Kingston, OK

If you have losses in an account in an account handled by Donald L. Wells or if you have losses on an investment in Life Partners, Inc.  , contact us to discuss how you may be able to recover damages for those 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

Brian Brunhaver Investigation Update-Former LPL Broker With Numerous Customer Complaints

April 1, 2016

In 2013 Brian Brunhaver, a former stock broker with LPL Financial, was sanctioned the Washington State Securities regulators for the sale of non publicly traded real estate investment trusts (REITs). His wife Stacey Brunhaver and his investment advisory firm Brunhaver Financial Services were also named in regulatory sanction which assessed a fine of $60,000. See this for more details. 

FINRA records report that in June 2014 Brunhaver was permanently barred from the securities industry for various regulatory violations, including making false statements in connection with the sale of a REIT that had significant risks. FINRA Case 2011026852001.

Brian Brunhaver has been named in 8 customer disputes that have been settled, including:

  • FINRA Case 13-01742- customer alleged sale of REITs were unsuitable. Case was settled for $637,100.
  • FINRA Case 13-1302-customer alleged investments in REITs were unsuitable. Case settled for $256,600.
  • FINRA Case 13-0195-customer alleged investments and mutual funds between 1990-2011 were unsuitable. Case settled for $747,900.

Brian Brunhaver is named in two customer disputes that are currently pending, including:

  • Washington Attorney General’s Office Complaint-customer alleges that signatures were forged on a $50,000 investment and was made for more that he and his wife had authorized.

Brian Brunhaver was employed by LPL Financial from 5/1995-6/2011 when he was terminated for cause for violation of LPL Financial policies and procedures. He was next employed by Pacific West Securities from 8/2011-12/2011.

If you have suffered losses in an account handled by Brian H. Brunhaver, call to discuss your options 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