Tag Archives: Brian Brunhaver investigation

Brian Brunhaver Investigation Update-Former LPL Broker-Discloses Numerous Customer Complaints-Snohomish, WA

April 1, 2016-Snohomish, WA

In 2013 Brian Brunhaver, a former stock broker with LPL Financial, was sanctioned the Washington State Securities regulators for the sale of non publicly traded real estate investment trusts (REITs). His wife Stacey Brunhaver and his investment advisory firm Brunhaver Financial Services were also named in regulatory sanction which assessed a fine of $60,000. See this for more details. 

FINRA records report that in June 2014 Brunhaver was permanently barred from the securities industry for various regulatory violations, including making false statements in connection with the sale of a REIT that had significant risks. FINRA Case 2011026852001.

Brian Brunhaver has been named in 8 customer disputes that have been settled, including:

  • FINRA Case 13-01742- customer alleged sale of REITs were unsuitable. Case was settled for $637,100.
  • FINRA Case 13-1302-customer alleged investments in REITs were unsuitable. Case settled for $256,600.
  • FINRA Case 13-0195-customer alleged investments and mutual funds between 1990-2011 were unsuitable. Case settled for $747,900.

Brian Brunhaver is named in two customer disputes that are currently pending, including:

  • Washington Attorney General’s Office Complaint-customer alleges that signatures were forged on a $50,000 investment and was made for more that he and his wife had authorized.

Brian Brunhaver was employed by LPL Financial from 5/1995-6/2011 when he was terminated for cause for violation of LPL Financial policies and procedures. He was next employed by Pacific West Securities from 8/2011-12/2011.

If you have suffered losses in an account handled by Brian H. Brunhaver, call to discuss your options 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.

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