Category Archives: Church Bonds

G A Repple Broker Frederick Bremer Settles “Church Bond” Case

March 28, 2016-Casselberry, Florida

According to FINRA records, financial advisor Frederick P. Bremer, who has been registered with  G.A. Repple & Co. since January 1998 , recently settled a complaint with a customer alleging that the church bonds recommended by Bremer were unsuitable.

In FINRA Case 15-01938– the customer purchased church bonds issued by the California Baptist Foundation in 2009. In 2010, the customer invested in the Church Capital Funding, a managed pool of church bonds. The bonds went into default and the customer brought the arbitration action alleging that the investments were unsuitable, seeking $170,000 in damages. The case was settled in March 2016 for $60,000.

If you have questions about an account with Frederick P. Bremer or G.A. Repple, 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

G.A. Repple Broker Named in Customer Arbitration RE: Church Bond Losses- Casselberry, FLA

The Financial Industry Regulatory Authority (FINRA) reports that G.A. Repple & Company broker Frederick P. Bremer has been named in an arbitration filed by a client who is seeking damages of $170,000 in connection with an investment in church bonds issued by the California Baptist Foundation and the Church Capital Funding.

FINRA records report two other customer disputes involving Bremer. In one of those cases the customer, age 85 and living in a nursing home, sought damages related to the purchase of church bonds.

G.A. Repple & Company, a broker dealer headquartered in Casselberry, FL, has sold church bonds over the recent years. Their website describes their firm as “an investment, financial, tax and estate planning firm that gives objective counsel from a biblical perspective”

If you have losses on an account handled by Frederick Bremer or on church bonds purchased from G.A. Repple, contact us to learn how you may be able to recover damages through FINRA arbtration.

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

Dallas Based Share Financial Services Sanctioned by Securities Regulators

March 16, 2015

Share Financial Services and its President and Chief Compliance Officer Charles Major entered into an Order Accepting Offer of Settlement with the Financial Industry Regulatory Authority (FINRA) to resolve allegations related to net capital violations and failure to comply with FINRA bookkeeping requirements.  Disciplinary Proceeding No. 2012030729402. 

Share Financial was censured and fined $20,000. Major was fined $15,000 and suspended for 10 business days.

Share Financial Services has been a FINRA member since 1983 and is headquartered in Dallas, Texas. They employ about 24 registered representatives and their primary business activity is the sale of church bonds through contingent securities offerings.

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

B.C. Ziegler Fined $150,000 Over Church Bond Sales

In July 2014, to resolve allegations that the firm failed to establish and maintain a supervisory system reasonably designed to ensure that economic information about the viability of church bonds sold on the secondary market was disclosed to the sales staff, Chicago based B.C. Ziegler and Company paid a fine of $150,000 to the Financial Industry Regulatory Authority (FINRA).

B.C. Ziegler, without admitting or denying the findings, accepted and consented to the securities regulator’s findings, which include:

  • A primary business of B.C. Ziegler was the sale of Church Bonds and Senior Living Bonds
  • From 1/1/2009-5/30/2012 the firm failed to implement a supervisory system to ensure economic information on Church Bonds was disclosed to brokers
  • B.C. Ziegler used Church Bond sales material with customers that was not fair and balanced.

If you suffered losses on Church Bonds purchased from B.C. Ziegler, you may be entitled to damages. Call 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

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Update on G.A. Repple Sale of Baptist Church and Manifestation Worldwide Bonds

Rex Securities Law has been investigating G.A. Repple, a broker dealer located in Casselberry, FL concerning the sale of various church bonds.

Repple’s website describes their firm as offering a “faith based” investment philosophy.

Our current investigation involves the sale of Baptist Church and Manifestations Worldwide bonds to a disabled individual who anticipates filing an arbitration claim with the Financial Industry Regulatory Authority (FINRA) alleging that the investments were unsuitable for him and that Repple failed to supervise its broker Richard Crouse.

Crouse operates a company called GVC Financial, Inc. located in Altamonte Springs, FL.  According to its website, GVC Financial offers IRS representation, a variety of accounting services and the sale of securities through a G.A. Repple supervisory office located in Longwood, FL.

If you have information relative to this matter, we would appreciate hearing from you.

Rex Securities Law , located in Boca Raton, FL, 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.

Rex Securities Law

561 391 1900