Financial Industry Regulatory Authority (FINRA) BrokerCheck shows disclosures about securities broker Garrett Wayne Moretz [CRD: 4086791, Mooresville, North Carolina]. Moretz joined LifeMark Securities Corp. on May 31, 2017. Investors and SEC have raised concerns regarding Moretz’s conduct, leading to allegations of misrepresentation, unsuitable recommendations, and negligence. Continue reading to learn more about the disclosures.
On July 29, 2024, the United States Securities and Exchange Commission (SEC) initiated an enforcement action [Case No. 5:24-cv-00171] against Garrett Moretz, alleging he misrepresented high-risk debt securities known as L Bonds to retail investors. The SEC claimed that Moretz falsely marketed the L Bonds as "guaranteed" between September 2019 and August 2020, despite knowing they were not guaranteed. Supposedly, he violated Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934, along with Rule 10b-5. This case remains pending.
On April 29, 2024, a client of LifeMark Securities Corp. filed FINRA Arbitration No. 24-00901, accusing Garrett Moretz of breach of fiduciary duty, negligence, breach of contract, and misrepresentation. The allegations pertained to the sale of an alternative investment. Additionally, the issuing company filed for Chapter 11 bankruptcy. The client is seeking $50,000 in damages from LifeMark Securities Corp. or Moretz. This matter is currently pending resolution.
On July 19, 2023, a client filed FINRA Arbitration No. 22-01575, accusing Garrett Moretz of violating Regulation Best Interest, breaching his fiduciary duty, and violating FINRA rules. These allegations related to the sale of corporate bonds. So, the client asked for compensation for damages. LifeMark Securities Corp. settled the matter by paying $100,000 to the client.
On December 31, 2022, a client of LifeMark Securities Corp. filed FINRA Arbitration No. 22-02386, accusing Garrett Moretz of misrepresentation, unsuitable investment recommendations, and insufficient due diligence. These allegations involved corporate bonds sold between January 2018 and October 2020, which were impacted by the company’s Chapter 11 bankruptcy filing. The case was settled with LifeMark Securities Corp. paying $119,750 to the client.
For more information on Garrett Moretz’s disclosures, contact Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney. Moretz and the brokerage firms deny accusations of sales practice violations. Soreide Law Group has experience representing investors throughout the country. The firm handles cases on a contingency basis.
ADAM EDWARD BRUNIN (ADAM E BRUNIN, ADAM BRUNIN) is currently registered as an investment advisor with Navigation Wealth Management of Ft. Collins, Colorado since 4/5/2016. ADAM E BRUNIN was previously registered as a broker with Sigma Financial Corporation of Ft. Collins, Colorado from 11/08/2005 - 02/22/2016, and as an investment advisor with SPC of Ft. […]
Investors reportedly may have incurred losses because of securities broker Daniel Reid Horowitz [CRD: 2681741, New York, New York], according to disclosures on FINRA BrokerCheck. According to the regulator, Horowitz has worked for Wells Fargo Clearing Services LLC and Wells Fargo Advisors since April 1, 2016. Read on to learn more about the disclosures concerning […]
Investors potentially experienced losses due to securities broker Craig Sherman Thistlethwaite [CRD: 2507050, Perrysburg, Ohio], according to disclosures on FINRA BrokerCheck. According to the regulator, Thistlethwaite worked for Morgan Stanley from June 1, 2009, to February 16, 2023. Here’s more about the securities broker’s disclosures. Ohio Division of Securities Charged Thistlethwaite With Violations Particularly, on […]
Phone:
Fax: 1-954-760-6553
Email: [email protected]