Tag Archives: Dawson James Securities

Gary Edward Morse-Former Celadon Financial Group Broker-Discloses Tax Liens-Boca Raton, FL

MARCH 2018 UPDATEGary E. Morse left Celadon Financial Group 8/2017 and is currently registered with Precision Securities. His FINRA records disclose  currently  outstanding liens owed to the Internal Revenue Service which total more than $2.5 million.

April 2017- Boca Raton, FL

According to publicly available records Gary Edward Morse  , (CRD# 1793348) ,  a  stockbroker who is currently registered with Celadon Financial Group  discloses a pending   financial event and an outstanding judgment/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.

Morse discloses the filing of a chapter 7 bankruptcy in June 2016 in the U.S. Bankruptcy Court for the Southern District of Florida.

Morse also discloses an outstanding lien in the amount of $186,760 in favor or the Internal Revenue Service.

Gary Morse’s prior employment includes Livingston Monroe Capital GroupAegis Capital Corp. and Dawson James Securities.

Celadon Financial Group has been a FINRA member since 1994 and is headquartered in Chatham, New Jersey. They have locations in New York City, Washingtonville, New York, Boca Raton, FL, Pompano Beach, FL and Shrewsbury, New Jersey. 

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

Dawson James Broker James Bernthal Named in Two Customer Arbitrations

May 2016

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.

According to FINRA records,  James R. Bernthal has been registered with Dawson James Securities since 4/2016. Prior to that he was registered with Network 1 Financial Securities from 1`2/2012-4/2016.  Prior to that he was registered with Obsidian Financial (expelled from industry by FINRA 10/2013) and prior to that he was registered with QA3 Financial Corp.

FINRA records disclose that there are currently two customer disputes pending against  James R. Bernthal.

  • FINRA Case 15-3181- A customer alleges  unsuitable transactions, unauthorized trading and failure to supervise. Damages are alleged to be $137,000.
  • FINRA Case 15-1467- A customer alleges unsuitable transactions, breach of contract, fraud and churning. Damages are alleged to be $250,000.

If you have losses in an account handled by James Bernthal , contact us to learn how you may be able to recover damages 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

Dawson James Securities Sanctioned by FINRA

In March 2014, the Financial Industry Regulatory Authority sanctioned Dawson James Securities, fining them $75,000 and requiring the firm to revise  their Written Supervisory Procedures (WSPs).

In FINRA Case # 2008012546802 , the industry regulator found numerous portions of the written supervisory procedures to be deficient  including the following areas:

  • Broker’s disclosure of potential conflicts of interests to clients
  • Brokers trading in opposite directions of solicited customer transactions
  • Unauthorized trading
  • Suitability
  • Excessive trading
  • Free riding
  • Concentrations of securities in client accounts
  • Wash sales
  • The firm failed to investigate numerous “red flags” relating to the activities of a broker

Dawson James Securities was formed in 2002 and is headquartered in Boca Raton, FL. They also have offices in New York City, Columbia, Maryland, Santa Clara, California, and Manasquan, New Jersey.

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