BB&T Securities, LLC (CRD #142785, Richmond, Virginia)
was censured, fined $20,000 and ordered to pay $7,243.62, plus interest, in restitution to their clients for alleged excessive mark-ups on corporate bond transactions, excessive mark-down on a corporate bond transaction, and excessive mark-up on a municipal bond transaction.
FINRA's findings said the mark-ups and mark-down were not fair and reasonable, including the individual prevailing market prices. As a result, BB&T Securities’ account holders were assessed $7,243.62 in excessive charges for those transactions.
Also, FINRA's findings stated that BB&T Securities did not adequately implement or enforce its written supervisory procedures (WSPs), which required mark-ups and mark-downs to be calculated from the prevailing market price. BB&T Securities did not follow its stated procedures for reviewing and approving excessive mark-ups.
(FINRA Case #2013036202701)
This summation of information from FINRA’s website was listed under "Disciplinary and Other FINRA Actions, December 2014," and ends here.
If your stock account was inappropriately marked-up or marked-down, Soreide Law Group offers a free consultation and portfolio analysis to decide if you have legal grounds to pursue a FINRA arbitration. To speak with an attorney call (888) 760-6552.
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
Every settled customer dispute on Peter Maller's BrokerCheck report names Lincoln Financial as the firm. Maller holds CRD number 2322403. The newest dispute, filed on March 5, 2024, settled on August 15, 2024 for $12,500 against alleged damages of $50,000. The claimants alleged that the representative represented an oil and gas investment as safe.
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