Stoltmann Law Offices continues to investigate J. Randall Gladden, a financial advisor in Aliso Viejo, California. The Financial Industry Regulatory Authority (FINRA) and the Arizona Corporation Commission alleged that Gladden sold $2.1 million worth of notes or “units” in the Church Development Fund, LLC and the Church Fund, LLC. Mr. Gladden managed and operated both. At the time of the sales, Gladden was registered with Securities Equity Group and did not have permission from this firm to sell the notes. This is against securities laws. FINRA fined him $15,000 and suspended him for one year. The Arizona Corporation Commission revoked his license as a securities salesman and investment advisory representative in March 2017.
According to his FINRA public records, Gladden was registered with Securities America in Lavista, Nebraska from August 1995 until May 1997, Securities Service Network in Knoxville, Tennessee from May 1997 until February 2002, and Securities Equity Group in El Cajon, California from April 2002 until March 2016. He has two customer disputes against him and is currently not registered within the industry. Please call our Chicago-bases securities law offices today at 312-332-4200 to find out how you may be able to bring a claim against Securities Equity Group in the FINRA arbitration forum on a contingency fee basis. The call is free with no obligation.