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G.A. Repple Broker Accused of Lying to Clients on Website

G.A. Repple Broker Accused of Lying to Clients on Website

G.A. Repple Broker Accused of Lying to Clients on Website 150 150 Rex Securities Law

July 2018

Securities regulators from Massachusetts have accused Alan P. Siegel, a broker with G.A. Repple of lying on his website by claiming that he had never received a customer complaint during his time in the securities industry.

In the administrative complaint filed by the office of William Galvin, chief securities regulator of the state, allegations are made that Siegel violated various state statutes when he intentionally published these false representations in an attempt to solicit new customers.

According to the complaint Siegel’s website contained a “Reliability Report” which stated that he had never had a complaint filed against him during his time in the securities industry.

The FINRA records for Siegel on the BrokerCheck website disclose that Alan Paul Siegel  was the subject of three prior customer disputes that were all resolved with cash settlements.

His company, G.A. Repple, is charged with failing to supervise Siegel, who is from Easton, MA by rubber stamping the content on his website. The regulator seeks a cease and desist order, censure, sanctions and an administrative fine.

G.A. Repple is headquartered in Casselberry, Florida, and according to their website, has 46 offices and over 25,000 accounts.

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.

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Rex Securities Law

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