Articles Tagged with Equity Sales Company

Did you lose money with financial advisor Thomas Skypeck in Scarborough, Maine? The Securities and Exchange Commission (SEC) recently barred Skypeck from the securities industry after he pled guilty to theft and violations of the Maine Uniform Securities Act in October 2015. Allegedly, he failed to disclose his relationship with a precious metals dealer when he was registered with O.N. Equity Sales Company. It was also alleged that he stole coins worth $1,000 from a client and that between March 2009 and January 2013, he excessively traded or churned the account of an inexperienced investor. Churning is against securities rules and regulations and is a tactic used by brokers to generate large commissions and fees for themselves. Their brokerage firms have a duty to reasonably supervise them, and, if they do not, can be sued for investment losses.

Skypeck was registered with Merrill Lynch, Prudential, Gruntal & Co., Winslow Investment Co., Robert Thomas Securities, Guardian Investor Services, Royal Alliance Associates, Walnut Street Securities, Sammons Securities, Woodbury, Cambridge Investment Research, The O.N. Equity Sales Company in Saco, Maine from July 2010 until April 2013 and Brokers International Financial Services. He has one criminal disposition against him.

Do you have complaints against Gerald “Jerry” Tagge, a broker registered with Cetera Advisors out of Omaha, Nebraska? Tagge allegedly sold $125,000 in promissory notes, which constitutes as “selling away,” and is against securities rules and regulations. Selling away is a tactic used by brokers to generate large commissions and fees for themselves, and they do this by offering investments that are not sold or offered by their member firm. Firms such as Cetera Advisors can be sued for failing to supervise their brokers and allowing them to sell away. We sue firms such as Cetera in the Financial Industry Regulatory Authority (FINRA) arbitration process on a contingency fee basis to help clients recover their losses. The call to us is free. 312-332-4200. Please call us for a consultation to see if you may be able to bring a claim against Cetera Advisors.

Tagge was registered with NYLife Securities in New York, New York from August 1991 until December 1993, The O.N. Equity Sales Company in Cincinnati, Ohio from January 1994 until May 1995, Royal Alliance Associates in New York from May 1995 until January 1998, Vestax Securities Corp in Hudson, Ohio from January 1998 until June 2001, and Royal Alliance Associates in Omaha, Nebraska from June 2001 until August 2006. He is currently associated with Cetera Advisors in Omaha, Nebraska and has been since August 2006. He has three customer disputes against him, one of which is currently pending.

Do you have complaints against Gerald “Jerry” Tagge, a broker registered with Cetera Advisors out of Omaha, Nebraska? Tagge allegedly sold $125,000 in promissory notes, which constitutes as “selling away,” and is against securities rules and regulations. Selling away is a tactic used by brokers to generate large commissions and fees for themselves, and they do this by offering investments that are not sold or offered by their member firm. Firms such as Cetera Advisors can be sued for failing to supervise their brokers and allowing them to sell away. We sue firms such as Cetera in the Financial Industry Regulatory Authority (FINRA) arbitration process on a contingency fee basis to help clients recover their losses. The call to us is free. 312-332-4200. Please call us for a consultation to see if you may be able to bring a claim against Cetera Advisors.

Tagge was registered with NYLife Securities in New York, New York from August 1991 until December 1993, The O.N. Equity Sales Company in Cincinnati, Ohio from January 1994 until May 1995, Royal Alliance Associates in New York from May 1995 until January 1998, Vestax Securities Corp in Hudson, Ohio from January 1998 until June 2001, and Royal Alliance Associates in Omaha, Nebraska from June 2001 until August 2006. He is currently associated with Cetera Advisors in Omaha, Nebraska and has been since August 2006. He has three customer disputes against him, one of which is currently pending.

Adrian S. Lauer, a former Securities America broker entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). Lauer was accused of failing to disclose outside business activities to his member firm. Allegedly, from April 2011 until March 2014, he participated in an advisory business and worked as a webmaster for a college alumni club, at the same time being employed with Securities America. According to his AWC, Mr. Lauer failed to disclose his participation in these businesses. For this, he was suspended for 60 days and fined $5,000.

Mr. Lauer was registered with IDS Life Insurance Company in Minneapolis, Minnesota, America Express Financial Advisors in Minneapolis, The O.N. Equity Sales Company in Fort Wayne, Indiana, Cambridge Investment Research Inc. in Fort Wayne and Securities America in Fort Wayne. He is not currently registered with any firm. If you invested money with Adrian S. Lauer, please call our securities law firm based in Chicago at 312-332-4200. We can help you discuss your options of suing Securities America for not reasonably supervising Mr. Lauer while he was employed there. The call is free.

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