FINRA Charged PFS Broker Gary Harpe Relating To Investigation

Financial Industry Regulatory Authority (FINRA) brought a complaint against securities broker Gary Francis Harpe [CRD: 2983634, Farmington Hills, Michigan] for obstructing an investigation, according to disclosures on BrokerCheck. Evidently, Gary Harpe worked for PFS Investments Inc. from February 5, 1998, to January 10, 2023. Here’s an overview of the securities broker’s disclosures.

FINRA Charged Harpe With Failing To Provide Information In Investigation

Particularly, on April 26, 2024, FINRA initiated Complaint: 2023077591501. Notably, FINRA named Harpe as a respondent in a complaint alleging that he failed to respond to requests for documents and information. The regulator made those requests under FINRA Rule 8210. Supposedly, they were part of an investigation into the circumstances surrounding a felony charge, Harpe’s termination from PFS Investments Inc., and whether he failed to disclose required information about his finances.

The first request, dated May 8, 2023, sought information about Harpe’s criminal charge for larceny by conversion, and possible failures to disclose financial events like tax liens and judgments. Harpe did not respond by the deadline. A second request was sent on June 5, 2023, to Harpe's addresses. He again did not respond by the deadline. A third request was sent on July 27, 2023, to the same addresses. Allegedly, Harpe did not respond.

FINRA Allegedly Unable To Obtain All Documents In Investigation

Despite multiple attempts, FINRA was unable to obtain the necessary documents and information from Harpe. FINRA indicated that this information was essential to determine if violations of federal securities laws or FINRA rules had occurred.

Did You Sustain Losses Because Of Securities Broker Gary Harpe?

Did you suffer financially because of Gary Harpe? If you have, get in touch with Soreide Law Group online or at (888) 760-6552 and talk to a securities attorney about a possible recovery of your investment losses. Soreide Law Group has obtained recoveries for many investors throughout the United States, works on a contingency fee basis, and advances all costs. Harpe and brokerage firms Harpe worked for deny accusations of sales practice violations.