Donnie Eugene Ingram of Winter Haven Florida a stockbroker associated with Cetera Advisors LLC and Investors Capital Corp. is referenced in a customer initiated investment related arbitration claim which was resolved for $23,000.00 in damages founded on accusations that Ingram executed unsuitable corporate debt and real estate investment trust trades in the customer’s account. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-00928 (Dec. 18, 2017).

FINRA Public Disclosure reveals that Ingram has been identified in eight additional customer initiated investment related disputes containing allegations of his misconduct while employed with Investors Capital Corp. In particular, a customer initiated investment related arbitration claim regarding Ingram’s conduct was settled for $112,500.00 in damages based upon accusations that the customer was placed in inappropriate investments including oil and gas products, stocks, and corporate debt investments. FINRA Arbitration No. 16-01458 (Aug. 29, 2017).

Another customer initiated investment related arbitration claim involving Ingram’s activities was resolved for $115,000.00 in damages supported by allegations that unsuitable corporate debt trades were placed in the customer’s investment account; and the customer’s investment portfolio was excessively concentrated in the inappropriate investments. FINRA Arbitration No. 16-01732 (Aug. 29, 2017). Additionally, a customer initiated investment related arbitration claim concerning Ingram’s conduct was settled for $45,000.00 in damages founded on accusations of Ingram selling the customer real estate securities, corporate debt investments, stocks and direct participation program interests or limited partnership interests that failed to align with the customer’s financial circumstances, objectives for investing, or tolerance for risk. FINRA Arbitration No. 16-02304 (Aug. 29, 2017).

Moreover, Ingram is the subject of a customer initiated investment related arbitration claim that was resolved for $46,000.00 in damages based upon allegations of unsuitability in regard to the real estate security and stock trades placed in the customer’s investment account. FINRA Arbitration No. 16-02599 (Aug. 29, 2017). Finally, a customer initiated investment related arbitration claim regarding Ingram’s activities was resolved for $200,000.00 in damages supported by accusations that Ingram effected bad investment transactions in the customer’s account through 2015. FINRA Arbitration No. 16-02238 (Aug. 29, 2017).

Ingram’s registration with Investors Capital Corp. has been terminated as of July 25, 2016. He became employed with Centaurus Financial Inc. on July 15, 2016.

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

Questions or comments regarding the source or accuracy of any information, including any subsequent developments, should be directed to:  [email protected]

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer.

Guiliano Law Group, P.C.

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

Stockbroker Fraud. Securities Arbitration and Investment Fraud Lawyers.  
National Practice. Contingent Fee. Confidential Free Consultation.

 (877) SEC-ATTY

Tags: , ,

No comments yet.

Leave a Reply

Name (required)

Email (will not be published) (required)

Website