Investors Win Against Fintegra CEO In Promissory Note Scheme

gavel - Investors Win Against  Fintegra CEO In Promissory Note Scheme

Doreen Lea Weber (also known as Doreen L. Tyler Strand and as Doreen Lea Strand) the former Chief Executive Officer of Fintegra LLC. is named in a customer initiated investment related arbitration claim in which the customer was awarded $20,000.00 in compensatory damages based upon Weber being found liable on the customer’s claims of (1) stealing the customer’s money (2) converting funds belonging to the customer (3) failing to supervise a stockbroker’s recommendations of Pacific Rim Strategic Partners LLC promissory notes and (4) committing fraud. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-00069 (Feb. 7, 2018).

FINRA Public Disclosure additionally confirms that a customer initiated investment related arbitration claim concerning Weber’s activities was settled for $125,000.00 in damages supported by allegations that while Weber was associated with Fintegra, LLC, she neglected to supervise a stockbroker’s recommendations to the customer concerning investment transactions placed outside the firm’s auspices, resulting in the customer purchasing annuity and direct investment products that were not suitable for the customer. FINRA Arbitration No. 14-02704 (Feb. 3, 2016).

Weber’s registration with Fintegra LLC was terminated on December 1, 2015. Weber was associated with Infinex Investments, Inc. between September 13, 2018 and March 26, 2019. Since March 19, 2019, Weber has been associated with Sagepoint Financial Inc., Royal Alliance Associates Inc., FSC Securities Corporation and Woodbury Financial Services Inc.