Tag Archives: HD Vest Investment Services

HD Vest Stockbroker Sanctioned For Unsuitable Investment Advice

Michael Allen Kamperman of Waco Texas a stockbroker formerly employed by HD Vest Investment Services has been fined $20,000.00 and suspended for eighteen months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Kamperman poorly advised customers of HD Vest Investment Services in regard to energy sector […]

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FINRA Bars HD Vest Stockbroker For In Investigation

Thomas H. Laws of Silver City New Mexico a stockbroker formerly employed by HD Vest Investment Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Laws failed to provide FINRA with recorded testimony in its investigation into allegations of Laws’ involvement […]

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FINRA Bars HD Vest Broker In Investigation

January 06, 2019  |   Posted by :   |   Stockbroker Fraud News   |   0 Comments

Scott Alexander Markle of Anchorage Alaska a stockbroker formerly employed by HD Vest Investment Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by accusations that Markle failed to comply with FINRA’s information request. Case No. 2017055286001 (Jan. 12, 2018). FINRA Public Disclosure confirms that FINRA […]

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HD Vest Broker Barred For Obstructing Investigation

September 28, 2018  |   Posted by :   |   FINRA Securities Arbitration, Stockbroker Fraud News   |   0 Comments

Jerry Davis Raines of Kilgore Texas a stockbroker formerly employed by HD Vest Investment Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Raines failed to cooperate with FINRA in an investigation into allegations of his sales of notes pertaining to […]

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Customer Sues HD Vest For Misrepresentation

April 27, 2018  |   Posted by :   |   Stockbroker Fraud News   |   0 Comments

Donna Lynn Barnard of Kilgore Texas a stockbroker formerly registered with HD Vest Investment Services has been referenced in a customer initiated investment related arbitration claim where the customer requested $234,780.90 in damages founded on accusations that Barnard made misrepresentations to the customer concerning Woodbridge Mortgage Investment Fund and neglected to undertake adequate due diligence […]

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FINRA Bars HD Vest Stockbroker For Obstruction

November 28, 2017  |   Posted by :   |   Customer Loans   |   0 Comments

Brian Royster of Ann Arbor, Michigan, a stockbroker formerly registered with HD Vest Investment Services, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to provide FINRA with information in an investigation into his alleged borrowing of customers’ funds. Letter […]

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HD Vest Stockbroker Suspended For Fabricating Customer Documents

May 05, 2017  |   Posted by :   |   Forgery, Stockbroker Fraud News   |   0 Comments

John Edward Olinghouse, of Sparks, Nevada, a stockbroker formerly registered with HD Vest Investment Services, has been fined $15,000.00 and suspended for one year from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity, based upon consenting to findings that he fabricated customer account documentation. Letter of Acceptance, Waiver and Consent, No. […]

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HD Vest Investment Services Sued by Customer

February 13, 2017  |   Posted by :   |   Stockbroker Fraud News, Suitability   |   0 Comments

Paul Robert Nitz, of Minneapolis, Minnesota, a stockbroker currently registered with HD Vest Investment Services, has been named in a customer initiated investment related arbitration claim on July 13, 2016, in which the customer requested $528,000.00 in damages based upon allegations that Nitz made unsuitable equity investment recommendations to the customer, made misrepresentations to the […]

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HD Vest Investment Services Caught Overcharging Customers

November 30, 2016  |   Posted by :   |   Mutual Fund Fraud, Stockbroker Fraud News   |   0 Comments

HD Vest Investment Services, a broker-dealer headquartered in Irving, Texas, was censured by Financial Industry Regulatory Authority (FINRA) after consenting to findings that the firm overcharged customers within mutual funds transactions, and failed to supervise the firm’s mutual funds business in order to ensure that customers received sales charge waivers when eligible for such. Letter […]

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