JUNE 2017- New York, NY
According to publicly available records Gregg D. Templeton (CRD#2412775) , a former stockbroker who was previously registered with Oppenheimer & Co., discloses a prior regulatory event, a currently pending customer dispute, 6 prior 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.
IN 4/2017, Templeton was permanently barred from the securities industry by FINRA to resolve allegations that he failed to provide documents and information requested by FINRA in the course of an investigation into allegations that he misused customer funds and committed other sales practice violations.
In 7/2016, a customer of Oppenheimer & Co. alleged unauthorized trading and sought damages of $61,475. The case was settled for $62,475.
In FINRA case #16-00111 a customer of Oppenheimer sought damages of $220,000 for unsuitable investments, fraud, breach of fiduciary duty and negligent supervision. The case settled for $562,500.
In currently pending FINRA case 16-02363 a customer of Oppenheimer & Co. alleges fraud and breach of contract and seeks damages of $6,750,000.
Templeton was employed by Oppenheimer & Co. from 1/2007 to 8/2015. Since that time he was employed briefly by FSC Securities Corporation and Aegis Capital Corp .
If you have questions about an account in an account handled by Gregg D. Templeton, 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
TollFree: 877-224-3199
Florida-561 391 1900
Texas-512-329-2870