Aaron Parthemer: Update For Investors

AdobeStock_91053286-1-300x194Stoltmann Law Offices continues to investigate Aaron Parthemer, a former broker with Wells Fargo. Parthemer was recently barred from the industry by the Financial Industry Regulatory Authority (FINRA) after he allegedly solicited cients to invest in a startup internet company identified as “GVC” (Global Village Concerns). He was alleged to have solicited at least eight clients (some of whom were NFL and NBA players,) to invest at least $3 million in GVC between July 2009 and February 2012. He did not have permission to sell the stock at the time. The Securities and Exchange Commission (SEC) ordered Parthemer to pay a fine of $160,000 following the termination of his bankruptcy. He was previously registered with L.C. Wegard & Co., Merrill Lynch in New York, New York from October 1995 until March 1997, Barnett Investments, Banc of America, Citigroup, Morgan Stanley in Ft. Lauderdale, Florida from June 2009 until November 2011 and Wells Fargo in Ft. Lauderdale from October 2011 until May 2015. He has seven customer disputes against him, two of which are currently pending. He has been permanently barred from the industry.

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