STEPHEN CORLEY CARVER (STEPHEN C. CARVER) CRD#: 2230161, a broker formerly with CETERA ADVISORS LLC of PEORIA, IL, had a complaint filed against him on October 10, 2018, alleging financial exploitation of the elderly, negligence, breach of fiduciary duty, unlawful conversion, breach of Illinois consumer fraud Act, fraud, negligent misrepresentation, breach of FINRA regulations, and breach of Illinois and federal securities laws. This complaint is alleging damages of $3,000,000. This claim lists, Direct Investment-Direct Participation Programs and Limited Partnerships Interests, Equity Listed (Common and Preferred Stock) and Mutual Funds.
According to FINRA’s BrokerCheck, which is available to the public on FINRA’s website STEPHEN C. CARVER has 9 Disclosures on his report, 3 of the Disclosures are “Employment Separation After Allegations.” Carver was discharged from Cetera Advisors in September of 2017, following allegations that he, “Violated Firm policy for not disclosing gifts from client.” Carver claimed the client was his 87 year-old uncle. He was "permitted to resign" from LPL Financial in 2009 for allegedly failing to disclose his involvement in an outside business. There are also several disclosures regarding tax liens on his record.
FINRA’s BrokerCheck states that STEPHEN C. CARVER has been registered in the securities industry for 26 years and was listed with 8 firms, the most recent listed below:
11/08/2017 - 12/31/2018 LIFEMARK SECURITIES CORP - Peoria, IL
11/19/2010 - 09/19/2017 CETERA ADVISORS LLC - PEORIA, IL
02/02/2009 - 11/05/2010 BREWER FINANCIAL SERVICES LLC – (FINRA expelled the firm on 03/25/2011) PEORIA, IL
If you experienced investment losses due to the actions or recommendations of STEPHEN C. CARVER formerly of CETERA ADVISORS LLC and LIFEMARK SECURITIES, both of PEORIA, IL, contact Soreide Law Group and speak to an experienced securities lawyer at no cost to you regarding the possible recovery of your investment losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group represents clients nationwide before FINRA. We operate on a contingency fee basis, no fee to you if no recovery.
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