FINRA Sanctions Jeffrey Marburger

The Financial Industry Regulatory Authority (FINRA) reports important information about securities broker Jeffrey Marburger AKA Jeffrey Ernest Marburger [CRD#: 2872490, Dover, OH]. However, Marburger denies the allegations. Read on to learn more about the allegations against Marburger.

FINRA Sanctions WS Brokerage Services Securities Broker Jeffrey Marburger For Failure To Testify

Evidently, on May 18, 2022, FINRA issued Case #: 2021072277201 sanctioning Jeffrey Marburger for infractions. Specifically, FINRA barred the securities broker. Notably, FINRA alleged that Marburger failed to testify when FINRA investigated the stockbroker for possible violations of FINRA rules.

Supposedly, on August 13, 2021, W&S Brokerage filed a Uniform Termination Notice for Securities Regulation (Form U5) with FINRA, where it was disclosed that Marburger’s association with the firm had been terminated due to accusations that Marburger had changed a client’s address to a mailbox under his control, shredded the client’s mail, and had paid off that client’s life insurance loan. Based on the disclosures contained in the Form U5, FINRA began an investigation into Marburger. On April 12, 2022, FINRA sent a request to Marburger to appear for on-the-record testimony. On April 13, 2022, Marburger emailed FINRA staff, where he indicated that he had received FINRA's request but would not appear for on-the-record testimony at any time. Marburger violated FINRA Rules 2010 and 8210 as a result.

Fort Washington Brokerage Services Securities Broker Discharged

Also, Jeffrey Marburger worked for Fort Washington Brokerage Services. However, Fort Washington Brokerage Services disaffiliated with Marburger. Evidently, Fort Washington Brokerage Services alleged that Marburger submitted a switch form containing a signature that was unauthentic.

Jeffrey Marburger Discloses Unauthorized Transactions Allegations By Western Southern Life Client

Evidently, on July 16, 2021, a Western Southern Life client filed a complaint about Jeffrey Marburger. Namely, the client alleged that Marburger made unauthorized transactions. Because of this, the client sustained damages on insurance products. Therefore, the client requested compensation from Western Southern Life or Marburger. Evidently, this complaint is pending a resolution.

Recent Employer Information

Jeffrey Marburger worked for WS Brokerage Services in Dover, OH, as a securities broker from January 25, 2008 to August 13, 2021.

Did WS Brokerage Services Securities Broker Marburger Cause You To Experience Damages?

Have you sustained damages by investing with Jeffrey Marburger? If so, get in touch with Soreide Law Group at (888) 760-6552 and speak with a securities attorney about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Marburger and brokerage firms Marburger was employed by deny any and all allegations of sales practice violations.