Category Archives: Raymond James

Donald Cox-Raymond James Broker-Discloses Regulatory Event and Customer Dispute-Wyandotte, MI

June 2020- Wyandotte, MI

The FINRA records of Donald Marshall Cox, a broker  employed  by  Raymond James & Associates, Inc. disclose  a regulatory event and a 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 12/ 2014, Florida Office of Financial Regulation filed case #55706-SR alleging Cox conducted investment advisory business from offices within this state without the benefit of lawful registration in violation with Florida Statutes.   Cox was sanctioned to cease and desist and he was fined $10,000.

In October  2018,  a Raymond James & Associates, Inc. customer was paid $165,000 to resolve allegations of  breach of contract, breach of fiduciary duty, forgery, fraud, constructive fraud, professional malpractice, conversion and aiding and abetting.

Cox has been employed with Raymond James & Associates  since October of 2004.

If you have questions about an account  handled by Donald Marshall Cox 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

Lori Antolovic-Raymond James Broker-Discloses Regulatory Event-Dallas, TX

June 2020-Dallas, TX

According to publicly available records of Lori S. Antolovic ,  a  stockbroker employed with Raymond James & Associates, Inc. ,  discloses  a regulatory event .

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 of 2019, FINRA  suspended  Antolovic  from the securities industry for three months and fined her $7,500 after finding that in connection with an underwriting of municipal securities in a conduit financing for a company, she violated MSRB Rule G-17 by failing to confirm that an Individual, a member of the company’s board of directors, had authority to direct the payment of a $2 million development fee to a company he controlled from the proceeds of the offering. The findings stated that, in email communications with Antolovic, the individual made several statements suggesting that perhaps he had not informed the company of all the specific costs to be paid out of the cost of issuance. Despite these indications that other officials at the company may not have known of this material aspect of the financing, Antolovic made provision in the offering for the payment of the fee. In fact, the company had not specifically authorized the $2 million payment. Antolovic disclosed the fee to the company shortly before the issuance and it later demanded that the other company return the fee.

Antolovic  has been employed by Raymond James & Associates, Inc.   since January of 2013.      Prior to that time she was with Morgan Keegan & Compnay,  ABN Amro Incorporated and Stephens, Inc.

If you have questions about  an account handled by Lori Sullivan Antolovic  ,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

Anthony Vaccaro, Jr.- Former Raymond James Broker-Discloses Regulatory Event & Termination-Dallas, TX

April 2020-Dallas, TX

According to publicly available records of Anthony F. Vaccaro, Jr. (CRD#3139011) ,  a  former stockbroker who last worked for Raymond James & Associates, Inc.   discloses  a regulatory event and a termination.

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 17-1028, Vaccaro was sued by his former employer Raymond James for failure to repay loans made to him. An arbitration panel found that Vaccaro liable for payment of principal and interest of about $1.75 million. In August of 2019, FINRA  suspended  Vaccaro from the securities industry indefinitely  after finding that he failed to comply with that arbitration.

Vaccaro was employed with Raymond James  from October 2013 until 6/2016 when he was discharged for violating the firm’s gift, client entertainment, third party expense reimbursement and charitable contributions policy by failing to disclose benefits received from an insurance company.       Prior to that he was with Southwest Securities, Inc., and Oppenheimer & Co., Inc.    

If you had an account with Anthony Vaccaro, Jr.   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

James Kearney-Former Raymond James Broker-Discharged for Trading Without Permission-Houston, TX

April 2020-Houston, TX

According to publicly available records of James Joseph Kearney (CRD#265734) ,  a  former stockbroker who last worked for Raymond, James & Associates,  discloses  a regulatory event,  3 customer disputes and a termination.

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 December of 2019, FINRA  suspended  Kearney from the securities industry for 15 days and fined him $2,500 after finding that he exercised discretion by placing trades in customers’ accounts without written authorization from the customers and without acceptance of the accounts as discretionary by his member firm.

From 1993 to 2018, three customer disputes were filed against Kearney alleging among other things unsuitable investments, excessive trades, unauthorized trades, breach of fiduciary duty, fraud, deceptive trade practices, breach of contract and negligence.   These cases were collectively settled in the amount of $117,000.

Kearney  was employed by Raymond, James & Associates, lnc.  from February 2013 until he was discharged in October 2018 after a customer alleged that he was trading the account without permission of the customer.    Prior to that time he was with Morgan Keegan & Compnay, Robert W. Baird & Co. and SG Cowen Securities Corporation.

If you had an account with James Kearney  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

Dave Sears, Jr. -Former Wells Fargo Broker- Barred from Securities Industry-San Antonio, TX

April 2020- San Antonio, TX

The FINRA records of Vernon David “Dave” Sears, Jr. , a broker previously employed  by  Wells Fargo Clearing Housedisclose  a regulatory event resulting in his bar from the securities industry, 2 customer disputes and a termination.

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 February 2020, Sears  was permanently barred from the securities industry by FINRA after allegations that he failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

In September 2017 a Wells Fargo Advisors client, who was also his fiance,  alleged that Sears forged her signature on the application to open a joint account for the client and himself when he was supposed to open an individual account for her.   She further alleged that Sears then transferred the funds she deposited into his personal account.   The matter was settled for $35,000 in 8/2018.

In November 2015 a Wells Fargo Advisors client alleged that he was not told that withdrawals from his annuity account would impact his potential for annual step ups in value, nor that the annual step ups would not continue for the beneficiary of the policy after his death.  The matter settled for $45,135 in 12/2015.

Sears was employed with Wells Fargo Clearing Services  from August of 2014 to April of 2018 when he was discharged for concerns related to Sears’ unit investment trust (UIT) sales practices including concerns related to Sears’ analysis of clients’ ability to hold to maturity.    Prior to that Sears worked with Raymond James & Associates, Inc. 

If you have problems in an account  handled by David Sears, Jr.  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