The Financial Industry Regulatory Authority (FINRA) accused Anthony P. Le of misusing and converting $89,626 from his firm and another employee. He did this by allegedly falsifying 126 trade order tickets to increase his own commission or to make it appear as if he was the salesperson on the trades. From March 6, 2013 through November 4, 2013, he caused commissions on his trades to be increased without the knowledge, permission or consent of one of his firm’s traders on 50 separate occasions. Le did this by accessing the head trader’s workstations after work hours and falsifying tickets in this way. His firm at the time was Pierpont Securities, LLC where he was a registered representative. Le was in violation of securities rules and regulations.
Le was registered with the following firms: Barclay’s Capital, ABN AMRO Inc., Keefe, Bruyette & Woods, BNY Cpaital Markets, Wall Street Access, Cortview Capital Securities, Pierpont Securities and Loop Capital Markets. According to Le’s BrokerCheck page, he is not licensed in the industry and FINRA permanently barred him from acting as a broker or otherwise associating with firms that sell securities to the public. If you lost money with Anthony P. Le, you may be able to sue his former firm, Pierpont Securities for your financial losses. Because he was employed with them at the time, they can be held responsible for your losses because they failed to properly supervise him. Please call 312-332-4200 to speak to one of our attorneys.