Articles Tagged with Townsend Kent

According to a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), Leslie Koonce, a former broker with LPL Financial, violated securities laws. Allegedly, between January 2012 and March 2015, Koonce participated in several private securities transactions without providing prior written notice to his firm, LPL. He also completed firm compliance questionnaires in which he falsely denied participating in private securities transactions, and he later provided false responses to questions asked by FINRA. These are all against securities laws and internal firm rules. For this misconduct, he was permanently barred from the industry.

According to his FINRA BrokerCheck report online, Mr. Koonce was previously registered with Hornor, Townsend & Kent in Horsham, Pennsylvania from May 1984 until September 1998, Main Street Management Company in Boston, Massachusetts from December 1999 until May 2004, Associated Securities Corp in Menlo Park, California from May 2004 until September 2009, LPL in Menlo Park from September 2009 until December 2015, Cetera Advisor Networks in Menlo Park from December 2015 until December 2015 and EK Riley Investments in Menlo Park from December 2015 until November 2017. He is not currently registered as a broker within the industry.

Did you lose money with David Ross, formerly of Woodbury Financial Services? If so, the attorneys of Stoltmann Law Offices may be able to help you recover your financial losses in the Financial Industry Regulatory Authority (FINRA) arbitration forum on a contingency fee basis. We help clients sue firms such as Woodbury because the firm allows misconduct of their brokers. Please call 312-332-4200 today. The call is free with no obligation. Attorneys are standing by to take your call.

David Ross was discharged from Woodbury Financial in April 2016 after allegations that he failed to disclose an outside business activity to his firm. This is against securities rules and regulations. He was also accused of executing unauthorized trades while employed at Signator Investors. He has multiple tax liens against him and one customer dispute. He was registered with Pruco Securities in Newark, New Jersey from March 1998 until June 1999, Hornor, Townsend & Kent in Horsham, Pennsylvania from June 1999 until December 2000, Signator Investors in Murfreesboro, Tennessee from December 2000 until May 2010 and Woodbury Financial Services in Murfreesboro from May 2010 until April 2016. He is not licensed within the industry.

Stoltmann Law Offices is investigating Mindy Adelman, a former broker with Sterne Agee. Adelman entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). Her AWC alleged that she impersonated more than a dozen customers in telephone calls with an insurance company, in order to obtain information about their accounts. Adelman did this by giving the insurance company pertinent and personal information about the clients and did it without the client’s consent or knowledge. For this she was suspended from the industry for one year and fined $7,500.

Adelman was registered with Hornor, Townsend & Kent in Hunt Valley, Maryland from July 2008 until November 2010 and Sterne Agee in Owings Mills, Maryland from October 2010 until September 2014. If you invested and lost money with Mindy Adelman, her former firm, Sterne Agee, can be held responsible for your losses. Please call our securities law offices at 312-332-4200 to speak to an attorney for a free consultation. There is no obligation and we take cases on a contingency fee basis. We sue firms such as Sterne Agee in the FINRA arbitration forum.

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