The following information appeared on FINRA’s website under “Disciplinary and Other FINRA Actions, June, 2013.”
Earl William Fay (CRD #2492793, Registered Representative, Milton, Massachusetts)
was fined $7,500 and suspended from association with any FINRA member in any capacity for 30 business days. Without admitting or denying the findings, Fay consented to the described sanctions and to the entry of findings that he impersonated customers in telephone calls to his member firm to effect transactions, which primarily consisted of sub-account re-allocations that the customers had authorized and/or the purchase or sale of certain securities, which were unsolicited.
FINRA's findings stated that in each instance, Fay placed a telephone call to the firm’s customer service center, identified himself as the customer, and proceeded to impersonate the customer to effect the transactions in question.
The suspension is in effect from May 6, 2013, through June 17, 2013.
(FINRA Case #2012034068501)
According to FINRA's BrokerCheck, Earl Fay was previously registered with FINRA at the following brokerage firm:
PRUCO SECURITIES, LLC.
CRD# 5685
NEEDHAM, MA
06/1994 - 09/2012
This ends the information obtained on FINRA’s website.
Soreide Law Group represents clients nationwide before FINRA. If you have sustained investment losses due to your stock broker/financial advisor’s recommendations, call for a free consultation with an attorney on how to potentially recover your losses: 888-760-6552.
Soreide Law Group is investigating potential investor claims involving Blue Owl Capital Corporation (NYSE: OBDC), including whether brokers and financial advisors properly explained the risks surrounding this publicly traded business development company and its related private credit platform. OBDC invests primarily in loans to middle-market companies and is often marketed as an income-generating investment. However, […]
Investors potentially experienced sales practice violations by securities broker Mark Perry Kissinger [CRD: 4546631, Frisco, Texas], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kissinger worked for NYLIFE Securities LLC since November 27, 2018, and Eagle Strategies LLC since March 15, 2023. Read on for a better understanding about the disclosures involving this […]
Investors have reportedly disputed the sales practices of securities broker Robert Steven Wilkinson [CRD: 1180321, Oakland, California], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Wilkinson worked for Western International Securities Inc. from November 26, 2013, to June 5, 2025, and later registered with LPL Financial LLC beginning June 5, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com