Category Archives: Questar Capital Corporation

Donald Teboe- Former Cantella Broker- Barred from Securities Industry- Clinton, MI

April 2020- Clinton, MI

The FINRA records of Donald Teboe, a broker previously employed  by  Cantella & Co., Inc. disclose  a regulatory event resulting in his bar from the securities industry.

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, Teboe was permanently barred from the securities industry by the Securities and Exchange Commission after allegations that he refused to appear for on-the-record testimony as requested by FINRA in connection with an investigations that he engaged in unsuitable trading while registered through member firms.

In January 2018,  a Royal Securities Company, Questar Capital Corporation and Cantella & Co, Inc. customer filed a customer complaint alleging negligence, breach of contract, breach of fiduciary duty, fraud and negligent misrepresentation in the sale of various unsuitable, high risk speculative securities between 2012 and 2017.

Teboe was employed with Cantella & Co., Inc.  from July of 2014 to February of 2018.   Before that he worked with Questar Capital Corporation and Royal Securities Company. 

If you have problems in an account  handled by Donald Teboe 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

Steven Knuttila-Former Capital Financial Services Broker-Discloses 2 Regulatory Events, 23 Customer Suits and a Termination-Perham, MN

September  2019 – Perham, MN

CAPITAL FINANCIAL SERVICES CLOSING DOWN FIRMsee this for more information about the closing down of the firm and transfer of accounts to Calton & Associates. 

According to public records of Steven Roland Knuttila (CRD#3039112)  a  stockbroker previously employed by Capital Financial Services, Inc., disclose 2 regulatory events, 5 pending customer disputes, 34 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 June of 2018 Knuttila consented to the sanction and to the entry of findings that he refused to appear for FINRA on-the-record testimony relating to an investigation into allegations that he made unsuitable recommendations to customers.     As a result of this Knuttila has been permanently been barred from the securities industry by FINRA.

In April of 2018,  a regulatory action was initiated by the state of Minnesota alleging that Knuttila sold unsuitable investments to numerous clients.   Sanctions include a $40,000 in monetary penalties.  

From September 2010 until September 2018, twelve customer disputes were filed by customers of Questar Capital Corporation and Capital Financial Services, Inc. alleging various wrongdoing by Knuttila including  negligence, violations of the MN Uniform Securities Act, common law fraud, misrepresentation, breach of contract, unsuitable recommendations,  and breach of fiduciary duty.   The total paid out to settle these prior customer disputes was in excess of $1.78 million.

There are currently 5 pending customer suits  filed by customers of Questar Capital Corporation and Capital Financial Services, Inc. alleging various wrongdoing by Knuttila, including  unsuitable sales of alternative investments, breach of fiduciary duty, breach of contract, common law fraud, negligent hiring, poor investment advice, fraud, deceit, misrepresentation and omission of facts.   

Knuttila was with Capital Financial Services, Inc. from 6/2012-12/2017.   He also is the President and owner of Knuttila Financial Services. Prior to that he was with Questar Capital. In May of 2012, Knuttila was terminated from employment by Questar Capital Corporation after allegations that he failed to follow firm procedures regarding the reporting of customer complaints and he failed to follow firm procedures regarding the use of discretion.  

If you have questions about an account handled by  Steven Knuttila, contact us for a no charge consultation to learn how you may be able to recover damages from his employer 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

Stephen L. Swarbrick-Questar Capital Broker-Discloses Customer Complaint Over Oil & Gas Investments-Roseville,CA

Roseville, California

UPDATE JUNE 2017-In January 2017 a customer of Woodbury Financial and Questar Capital Corp. filed a complaint with the CA Department of Business Oversight alleging unsuitable sales for $400,000 in equipment leasing and oil and gas partnerships from 12/2009-6/2014.

ORIGINAL POST-July 2016

We are investigating the sales practices of Questar Capital Corporation stockbroker Stephen L. Swarbrick, who is affiliated with Weston and Tuttle Wealth Advisors, on behalf of an elderly retired couple who were sold various alternative investments, including the following:

  • Cypress Equipment Fund 16 LLC
  • Strategic Energy Income Fund III
  • Atlas Resource Series 31-2011 LP

According to FINRA recordsStephen L. Swarbrick has been employed by Questar Capital Corporation since 10/2012. Prior to that he was employed by Woodbury Financial Services from 9/2003-10/2012.

If you were a client of  Stephen L. Swarbrick and have experienced losses in alternative investments or have information you believe may be relevant to this investigation, please contact us.

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

Investigation of Broker Jennifer Trowbridge-Essex Securities, Boynton Beach, FL

January 12, 2015- Boynton Beach, Florida

Jennifer J. Trowbridge  entered into a Letter of Acceptance, Waiver and Consent  (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that she made unsuitable sales and purchases in customer accounts and that she effected discretionary trades in a customer account.

According to the AWC, Trowbridge’s violative conduct includes:

  • Recommending mutual fund switches without having reasonable grounds for believing such transactions were suitable for the customer
  • Effecting discretionary trades, with the customer’s verbal consent, but without obtaining written consent

Trowbridge was suspended by FINRA for two months and fined $10,000.

According to FINRA records, Trowbridge is not currently registered. She  was previously registered as follows:

  • Questar Capital          9/2012-11/2014
  • Essex Securities           1/2010-9/2012
  • Investors Capital          8/2005-12/2009

FINRA Case # 2011025433902

Prior blog post re: :Jennifer Trowbridge. 

If you had an account with Jennifer Trowbridge that suffered losses due to unsuitable mutual fund switching, discretionary trading (trading without your permission) or for other reasons, you may be able to recover damages from the brokerage firm employing Trowbridge. 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