Tag Archives: Ameritas Investment Corp.

FINRA Bars Ameritas Broker In Theft Investigation

Kristian M. Gaudet of Cut Off Louisiana a stockbroker formerly registered with Ameritas Investment Corp has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Gaudet failed to cooperate with a FINRA investigation into allegations of Gaudet’s misuse of customer funds during the […]

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Ameritas Stockbroker Fined By FINRA For Unauthorized Trading

October 22, 2018  |   Posted by :   |   Stockbroker Fraud News, Unauthorized Trading   |   0 Comments

Daniel K. Kittner of Mesa Arizona a stockbroker formerly employed by Ameritas Investment Corp. has been has been fined $7,500.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he exercised discretion in a customer’s account without having written authorization. […]

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Ameritas Discharges Broker For Unauthorized Transaction

May 31, 2018  |   Posted by :   |   Annuity Schemes, Stockbroker Fraud News   |   0 Comments

Michael Frank Vetere of Matawan New Jersey a stockbroker formerly registered with Ameritas Investment Corp. has been discharged by the firm on March 18, 2016 supported by accusations that Vetere (1) failed to appropriately disclose a customer’s source of funds used for purchasing a variable annuity (2) failed to be forthcoming to the firm in […]

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Customer Sues Ameritas For Fraud

January 26, 2018  |   Posted by :   |   Breach of Fiduciary Duty, Stockbroker Fraud News   |   0 Comments

Michael James Blake, of Ameritas Investment Corp., a stockbroker formerly employed with Ameritas Investment Corp., is the subject of a customer initiated investment related arbitration claim, in which the customer sought $50,000.00 in damages supported by accusations of breach of contract, breach of fiduciary duty, suitability, fraudulent concealment, misrepresentation, and violation of the Securities Act […]

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Ameritas Broker Barred For Obstructing Investigation

December 15, 2017  |   Posted by :   |   Stockbroker Fraud News   |   0 Comments

Alonzo Barnett Jr, of Greensboro, North Carolina, a stockbroker formerly registered with Ameritas Investment Corp., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity by failing to provide FINRA with information about his business activities when requested. Case No. 2017053125201 (June 12, 2017). FINRA Public Disclosure reveals that […]

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Ameritas Censured And Fined For Failure To Supervise

November 20, 2017  |   Posted by :   |   Annuity Schemes   |   0 Comments

Ameritas Investment Corp., a brokerage firm headquartered in Lincoln, Nebraska, has been censured and fined $180,000.00 by Financial Industry Regulatory Authority (FINRA) based upon allegations that the firm failed to supervise variable annuity transactions containing multiple share classes, and failed to supervise the firm’s charging of commissions to customers. Letter of Acceptance, Waiver and Consent, […]

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Regulator Bars Ameritas Broker For Unauthorized Loan

October 03, 2017  |   Posted by :   |   Stockbroker Fraud News   |   0 Comments

Thomas Lawrence, of Chapel Hill, Tennessee, a stockbroker formerly registered with Ameritas Investment Corp., has been fined $5,000.00, required to provide $41,332.65 in restitution, and was suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to an Offer Accepting Offer of Settlement containing findings that Lawrence entered into an […]

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Ameritas Broker Charged With Unauthorized Trading

August 02, 2017  |   Posted by :   |   Customer Loans   |   0 Comments

Thomas Lawrence, of Chapel Hill, Tennessee, a stockbroker formerly registered with Ameritas Investment Corp., has been charged by Financial Industry Regulatory Authority (FINRA) in a Complaint alleging that he borrowed funds from a customer in violation of the firm’s policies. Department of Enforcement v. Thomas Lawrence, No. 2016051945101 (July 27, 2017). According to the Complaint, […]

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Ameritas Sued By Customer For Misrepresentation

Robert Michael Gianchiglia, of Worcester, Massachusetts, a stockbroker formerly registered with Ameritas Investment Corp., has been named in a customer initiated investment related arbitration claim on March 28, 2017, wherein the customer requested $225,000.00 in damages based upon allegations that Gianchiglia effected unauthorized trades in the customer’s account, made misrepresentations to the customer, breached his […]

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Ameritas Stockbroker Suspended For Outside Business Activity

Andrew John Logullo, of Los Angeles, California, a stockbroker formerly registered with Ameritas Investment Corp, has been fined $10,000.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Logullo engaged in undisclosed outside business activities and omitted information from his […]

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Ameritas Investment Corp Stockbroker Suspended By Regulator

May 18, 2017  |   Posted by :   |   Stockbroker Fraud News   |   0 Comments

Alonza Barnett Junior, of Greensboro, North Carolina, has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon his failure to provide FINRA staff with information about his activities. Letter No. 2017053125201 (Mar. 9, 2017). Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Barnett has been identified […]

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Ameritas Investment Corp Stockbroker Fired For Misconduct

April 20, 2017  |   Posted by :   |   Stockbroker Fraud News   |   0 Comments

John Sherman Bixby, of Lincoln, Nebraska, a stockbroker registered with Ameritas Investment Corp., was terminated from employment on June 15, 2016, based upon allegations that he engaged in sales practices and communications with customers in a manner which violated Ameritas’ procedures and policies. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that on October 25, […]

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Ameritas Investment Corp Named In FINRA Arbitration

Thomas Benjamin Carreras, of West Palm Beach, Florida, a stockbroker currently registered with Ameritas Investment Corp., has been named in a customer initiated investment related arbitration claim, which settled on February 27, 2017, for $8,500.00 in damages based upon allegations that Carreras transacted in the customer’s account in a negligent fashion, breached his fiduciary and […]

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Ameritas Investment Corp Sued For Unsuitability

March 31, 2017  |   Posted by :   |   Non-traded REITs, Stockbroker Fraud News   |   0 Comments

John Scott Jaeger, of West Des Moines, Iowa, a stockbroker formerly registered with Ameritas Investment Corp, has been named in a customer initiated investment related written complaint on January 23, 2017, in which the customer requested $27,145.00 in damages based upon allegations that Jaeger effected an unsuitable real estate investment trust transaction in the customer’s […]

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Ameritas Investment Corp Fails To Supervise Equity Indexed Annuities

January 26, 2017  |   Posted by :   |   Annuity Schemes, Failure To Supervise   |   0 Comments

Ameritas Investment Corp., a brokerage firm headquartered in Lincoln, Nebraska, has been censured and fined $145,000.00 by Financial Industry Regulatory Authority (FINRA) based upon consenting to findings that the firm failed to supervise recommendations made by its registered representatives pertaining to equity indexed annuities. Letter of Acceptance, Waiver and Consent, No. 2015046904101 (Jan. 11, 2017). According […]

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Ameritas Investment Corp Named in Customer Arbitration Alleging Misrepresentation

November 02, 2016  |   Posted by :   |   FINRA Securities Arbitration, Stockbroker Fraud News   |   0 Comments

Peter B. Cohen, of Simsbury, Connecticut, a stockbroker with Ameritas Investment Corp., has been named in a customer initiated investment related arbitration claim on March 17, 2016, based upon allegations against Cohen of misrepresentation of facts concerning investments, fraudulent inducement, breach of fiduciary duty, and unjust enrichment. Guiliano Law Group Our practice is limited to […]

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Ameritas Investment Corporation Stockbroker In Investigation

Nathan Silva, of Omaha, Nebraska, a stockbroker with Ameritas Investment Corp., was barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity after consenting to findings that he obstructed a FINRA investigation into allegations of misconduct against him. Letter of Acceptance, Waiver and Consent, No. 20140426897-01 (July 8, 2016). According to […]

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Ameritas Registered Representative Suspended for Private Securities Transactions

November 25, 2015  |   Posted by :   |   Outside Business Activities, Stockbroker Fraud News   |   0 Comments

Sheik F. Abida Khan of Murrieta, California, a registered representative with Ameritas Investment Corp., was suspended from associating with any Financial Industry Regulatory Authority (FINRA) broker-dealer in any capacity for a period of four months plus ten additional days for participation in outside business activities without notice to his firm, sending misleading and false statements […]

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Five Major Brokerage Fined for Failure to Supervise Mutual Fund Fraud

November 15, 2015  |   Posted by :   |   Mutual Fund Fraud, Stockbroker Fraud News   |   0 Comments

Ameritas Investment Corp., Cetera Advisors LLC, Comerica Securities, Inc., Fifth Third Securities, Inc., First Allied Securities, Inc., Park Avenue Securities, LLC, Securities America, Inc., Huntington Investment Company, Cetera Advisor Networks LLC, Commonwealth Financial Network, MetLife, and Infinex Investment, Inc., were all recently censured and fined by Financial Industry Regulatory Authority (FINRA) for failing to apply […]

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