Tag Archives: Larry Wolfinger

Larry C. Wolfe-Former Herbert J. Sims Stockbroker-Sued by Customers/Discharged & Barred From Securities Industry-Boca Raton, FL

MAY 2018 UPDATE ON LARRY WOLFE-BOCA RATON, FL-FINRA records disclose that Wolfe was permanently barred from securities industry in 2/2018 for failing to respond to FINRA request for information. In 2017 Wolfe was sanctioned for unauthorized trading.

There are currently pending 7 disputes by customers of Wolfe while he was employed by H. J. Sims, including the following:

FINRA Case 18-1501- Customer alleges damages of $200,000 for fraud, misrepresentation, breach of fiduciary duty and failure to supervise.

FINRA Case 17-3300-Customer alleges damages of $100,000 for unauthorized trading, unsuitable investments and failure to supervise.

FINRA Case 17-435-Customer seeks damages of $400,000 for unauthorized trading, misrepresentation and failure to supervise.

After leaving H.J. Sims where he worked from 3/2000-1/2016, Wolfe was briefly registered with Aegis Capital and then with Stoever, Glass & Co. from 5/2016-6/2017.

PRIOR POST—May 2016-Boca Raton, FL

We are currently investigating Boca Raton, FL, stockbroker Larry C. Wolfe on behalf of a retiree who believes that his account was traded without authorization and was invested in unsuitable investments.

Larry C. Wolfe was registered with Herbert J. Sims & Co. from 3/2000-1/2016. According to a report filed by Herbert J. Sims, Wolfe was discharged by Herbert J. Sims in December 2015 after he violated firm policies by making trades in a customer account without obtaining permission from the customer. Herbert J. Sims & Co. made the following allegations in connection with Wolfe’s discharge: “Broker exercised discretion, in a non-discretionary account, in making trades for an account without speaking with the client before trades in violation of, among other things, firm policies. In addition, broker failed to appropriately re-title client’s account upon learning that client was deceased, also in violation of firm policies.”

FINRA arbitration #16-01153, filed April 2016, alleges “seriously-egregious broker and broker/dealer misconduct” and makes numerous claims, including the following:

  • unauthorized trading
  • unsuitable investment recommendations
  • fraudulent misrepresentations
  • omissions of material information
  • failure of Herbert J. Sims to supervise Larry Wolfe and prevent the damage to the customer’s account

The customer in the case alleges damages of $1.5 million.

If you have losses in an account handled by Larry C. Wolfe ( who also goes by Larry Charles Wolfinger and Larry Wolfinger), contact us for a no charge consultation 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.

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Rex Securities Law

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