LLC Tag Archives — Securities Arbitration Lawyers Blog

Silver Law Group is Investigating Truitt Ficklin of Cetera Investment Services LLC

May 30, 2018 | Silver Law Group

Truitt Ficklin, a former financial advisor with Cetera Investment Services, LLC, is barred from association with any FINRA member in any capacity. Respondent failed to request termination of his suspension within three months of the date of the Notice of Suspension; therefore, he is automatically barred from association with any FINRA member in any capacity.

Contact Our Firm if You’ve Invested with Truitt Ficklin of Cetera Investment Services, LLC

If you invested with Truitt Ficklin and believe you have lost money due to his misconduct, you may be able to file a claim to recover your losses through FINRA arbitration. For a free evaluation of your potential case by as securities attorney, please contact Silver Law Group.

Former Independent Financial Group Broker Under Investigation for Allegedly Stealing Client Funds and Unsuitable Recommendations

September 21, 2016 | Silver Law Group

Silver Law Group is investigating FINRA-barred broker John Vernon Heath (CRD# 2331052) for stealing client funds and recommending unsuitable investments.

Heath was employed most recently at Independent Financial Group, LLC in Bloomington, Minnesota. Independent Financial Group then discharged Heath after he admitted to wrongfully taking client funds, according to his FINRA BrokerCheck report. Shortly thereafter, FINRA permanently barred Heath from securities industry for failing to respond to FINRA’s request for information.

The State of Minnesota Department of Commerce (“MDOC”) commenced a formal criminal action against Heath on the allegations. In the MDOC complaint, the MDOC alleges that Heath stole the identity of an elderly client and used the client’s funds on various personal expenditures totaling $78,744.54.

Alex Makarovsky Recently Sanctioned by FINRA

July 16, 2015 | Silver Law Group

In the news again.

According to the FINRA website, Alex Makarovsky is once again in the hot seat for allegedly violating FINRA By-Laws and SEC rules. Makarovsky was most recently registered with Blackbook Capital, LLC.

Let’s go back a few years to build some context on his history. In 2010, while associated with Avenir Financial Group, Makarovsky allegedly made unauthorized trades in a client’s account. As a result, Makarovsky’s State of Indiana license was suspended for five years. In addition he and his firm had to pay a civil penalty and restitution to two customers.

Michael McGregor Suspended for 45 Days, Fined $5000

July 15, 2015 | Silver Law Group

Currently employed by and registered with Blackbook Capital, LLC

Since 1997, Michael Anthony McGregor has been registered with FINRA as a General Securities Representative (GSR). Through the years, McGregor has been subject to judgments and liens that have not been properly reported. By not reporting them, Michael McGregor is in violation of FINRA’s By-Laws and now he’s facing FINRA sanctions.

In March 2015, Michael McGregor was handed a 45-day suspension and fined $5,000 by FINRA for allegedly failing to amend and timely amend his FINRA registration to reflect unsatisfied judgments and liens he received. Without admitting or denying the findings, McGregor consented to the sanctions and to the entry of the findings.