Investors apparently complained about securities broker Steven Patrick McCormick [CRD: 5059233, Simi Valley, California], according to disclosures on FINRA BrokerCheck. According to the regulator, McCormick worked for Osaic Wealth Inc. from January 19, 2024, to October 23, 2024; Woodbury Financial Services Inc. from March 1, 2019, to January 19, 2024; and Questar Capital Corporation from October 28, 2016, to March 1, 2019. Here’s more about the disclosures against McCormick.
Specifically, on October 22, 2024, FINRA issued Case No. 2023077823001 sanctioning Steven McCormick. Specifically, McCormick was permanently barred from associating with any FINRA member in any capacity. FINRA alleged that McCormick refused to provide documents and information requested by the regulator in connection with its investigation into allegations made in a complaint filed with FINRA.
According to FINRA, on September 24, 2024, FINRA requested documents and information from McCormick under FINRA Rule 8210, which requires securities brokers to provide information in investigations and examinations. McCormick, through his lawyer, acknowledged receipt of the request but refused to provide the requested materials. As a result, FINRA found that McCormick violated FINRA Rules 8210 and 2010, leading to his permanent bar from the securities industry.
Notably, a client filed a complaint about Steven McCormick. Specifically, the client alleged that McCormick made misrepresentations of material fact regarding a variable annuity. Because of this, the client allegedly sustained damages. Therefore, on January 31, 2017, Wescom Financial Services settled this matter by paying the client $8,940.77 in damages.
Are you looking for more information about Steven McCormick? If you incurred losses, contact Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney about a possible recovery. Soreide Law Group has recovered losses for investors throughout the country, represents clients on a contingency fee basis, and advances all costs. McCormick and the brokerage firms he worked for deny any allegations of sales practice violations.
KEVIN CHRISTOPHER MCCARTHY (KEVIN C MCCARTHY) was permanently barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm with a start date of 5/7/2026. McCarthy was registered as a broker with MADISON AVENUE SECURITIES LLC of Hialeah, Florida, from 12/04/2007 - 01/30/2026. McCarthy was previously registered both as a broker […]
Investors might have sustained losses due to securities broker William H. Grant [CRD: 4219455, Duluth, Georgia], given the public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. William Grant has been registered with Merrill Lynch since October 23, 2009, as both a securities broker and financial advisor. Investors are encouraged to continue reading to find […]
Investors apparently complained about securities broker James Francis Martin [CRD: 1218618, West Conshohocken, Pennsylvania], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Martin worked for Morgan Stanley from April 4, 2016, to December 2, 2022. See the following information to discover more about disclosures involving Martin and allegations reported on FINRA BrokerCheck. Martin […]
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