Category Archives: Broker Disclosing Outstanding Liens/Judgments

Broker Disclosing Outstanding Liens/Judgments, PFS Investments, Stockbroker Malpractice, StockBroker Misconduct, Unauthorized Trading, Unsuitable Investments, Worth Financial Group

Daniel Staudacher-Worth Financial Group Broker-Discloses 2 Regulatory Events, a Customer Dispute and 6 Tax Liens-Dallas, TX

June 2020- Dallas, TX

The FINRA records of Daniel W. Staudacher, a broker currently registered with Worth Financial Group, disclose 2 regulatory events, a customer dispute and 6 pending IRS 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 September 2019 FINRA case #2017053574801  was filed, alleging that Staudacher associated with his member firm while under a one-month, all capacities suspension from associating with any member firm.    He associated with the firm while subject to a statutory disqualification that resulted from his FINRA suspension.    The findings also stated that to accommodate his clients, Staudacher electronically affixed customer’s signatures on new securities account applications by entering the last four digits of the customers’ social securities numbers on the applications.    He was suspended from FINRA for two months and was given a monetary fine of $10,000.

In January 2017, FINRA case #2016048603001 was filed alleging that Staudacher executed unauthorized transactions in two different customer accounts.   The finding stated that with respect to one of the customers, Staudacher did not contact her and obtain her authorization prior to executing the transactions in her accounts.  After these customers complained, Staudacher’s member firm reversed these transactions in their accounts and made them whole.   Staudacher’s firm imposed a total of $10,000 in monetary sanctions as a result of his unauthorized trading.  FINRA imposed a one month suspension and a $5,000 fine.

In December 2015, a customer of Staudacher’s prior employer, PFS Investments, Inc., alleged that unauthorized transactions were made in her accounts.    The case was settled.

between August 2011 and January 2018 the IRS filed 6 tax liens against Staudacher . These liens, which total more than $350,000, are still pending.

Staudacher has been employed with Worth Financial Group, Inc.  since September of 2017.    Before that he worked with PFS Investment, Inc. and Primerica Financial Services.   

If you have questions about an account  handled by Daniel Staudacher 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.

International Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Broker Disclosing Outstanding Liens/Judgments, Kalos Capital, Stockbroker Malpractice, StockBroker Misconduct, Unsuitable Investments

Dale Johnson, Jr. -Stifel, Nicolaus & Company Broker-Discloses Pending Dispute-Abilene, TX

June 2020 -Abilene, TX

The FINRA records of Dale Franklin Johnson  , a stockbroker registered with Stifel, Nicolaus & Company , disclose 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.

In September 2019,  a customer of Morgan Stanely & Co. filed  FINRA case #19-02913 alleging failure to supervise with respect to Financial Advisor’s management of trust account from 2004 until 2015.

Johnson has been employed with Stifel, Nicolaus & Company since June  of 2020.    Prior employer was  Morgan Stanley.  Johnson discloses a business affiliation with Archives & Security, Inc.  in Abilene, TX.

If you have questions about an account handled by Dale Johnson, Jr.  call for a no charge consultation 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.

International Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Broker Disclosing Outstanding Liens/Judgments, Farmers Financial Solutions, Stockbroker Malpractice, StockBroker Misconduct

Narinder Singh (aka Dutt)-Former Farmers Financial Solutions Broker- Discloses Customer Disputes-Sacrament, CA

May 2020-Sacramento, CA

According to publicly available records of Narinder K. Singh (aka Narinder Dutt)  (CRD#3100308) ,  a  former stockbroker who last worked for Farmers Financial Solutions, discloses a final customer dispute and a 2 pending 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.

In September of 2019, FINRA Case #19-02711, alleged Singh invested their funds into a fraudulent investment that appears to have actually gone to a business controlled by Singh.     The case recently settled for $250,000.

In December 2019, a customer of Singh’s previous employer, Transamerica Financial Advisors, Inc.,  alleged that Singh solicited him to invest $50,000 in an investment contract that guaranteed him 5% interest for 6 months.   Claimant alleges he wrote check to a company controlled by Singh.    Alleged damages are $16,500 and the case is pending.

In September 2019, a customer of Transamerica Financial Advisors and ProEquities, Inc., alleged Singh induced them to invest $412,500 into an investment contracts with a company Singh controlled.  Alleged damages are $1,237,500.   The case is still pending.

Singh discloses a currently outstanding lien to the IRS in the amount of $35,109, filed in Sacramento County, CA.

Singh was employed by Farmers Financial Solutions from January 2018 until November 2019.   Before that he was Proequities, Inc., Transamerica Financial Advisors, Inc. and OneAmerica Securities, Inc.  

If you had an account with Narinder Kaur Singh (aka Dutt) that suffered losses, you may be entitled to collect damages from his prior employer. 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

Broker Disclosing Outstanding Liens/Judgments, Failure to Supervise, H.D. Vest, Prospera Financial Services, Stockbroker Malpractice, StockBroker Misconduct, Unsuitable Investments

Michael Kamperman-Former HD Vest Broker-Discloses Regulatory Event, Customer Disputes and a Tax Lien-Waco, TX

May 2020-Waco, TX

According to publicly available records of Michael Kamperman (CRD#2002603) ,  a  former stockbroker who last worked for HD Vest Investment Services  discloses  a regulatory event, customer disputes and a tax lien.

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 2016050400401, alleged Kamperman was suspended for 18 months and fined $20,000 to resolve allegations that he  made  investment recommendations in the 401(k) and IRA retirement accounts of customers  that were unsuitable based on the customer’s financial situation and needs, risk tolerance, investment experience and investment objectives.    The customers suffered over $407,000 in trading losses as a result.

In June of 2016, in FIRNA case 16-01641, a Prospera Financial Services customer alleged that their accounts decreased in value, their investments were not suitable, were over concentrated and that they were not informed of the risk associated with their investments.   Breach of fiduciary duties and contract were also alleged.    The case was settled for $320,000.

In February 2016, the IRS filed an $81,000 tax lien in McLennan County, Texas against Kamperman.

Kamperman was employed with HD Vest Investment Services  from December 2014 until June of 2017.   Before that he was Prospera Financial Services, Inc. and UBS Financial Services, Inc.

If you had an account with Michael Kamperman   that suffered losses, you may be entitled to collect damages from his prior employer. 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

Broker Discloses Personal Bankruptcy, Broker Disclosing Outstanding Liens/Judgments, Jerome and Co., Kenneth, Stockbroker Discharged, Stockbroker Malpractice, StockBroker Misconduct

James D’Meo-Former Kenneth, Jerome & Co., Inc. Broker- Permanently Barred from FINRA

March 2020- Florham Park, NJ

According to publicly available records.  James D. D’Meo, (CRD#1444759), a  former stockbroker who last worked for Kenneth, Jerome & Co., Inc.,  discloses 2 regulatory events, 11 outstanding judgement/liens 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 12/2019  D’Meo was permanently barred from the securities industry after D’Meo failed timely to provide documents and information requested by FINRA and refused to appear one-the-record testimony as requested by FINRA, as part of an investigation into his financial disclosures.

In 12/2018, Kenneth, Jerome & Co., Inc., discharged D’Meo after allegations of failure to disclose reportable personal financial events as discovered by FINRA in a search of public records.

D’Meo discloses 11 outstanding judgement/liens.

D’Meo was employed by Kenneth, Jerome & Co., Inc. from June 2013 until December of 2018.     Prior to that time he was with Equity Services, Inc.

If you had an account with James D’Meo that suffered losses, you may be entitled to collect damages from his prior employer. 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