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Broker Complaints: Fintegra Financial Solutions, LLC (CRD# 16741)

The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Minnesota-based brokerage and advisory firm Fintegra Financial Solutions, LLC (CRD# 16741).

Formed in 1998, Fintegra Financial Solutions is headquartered in Minneapolis, Minnesota and registered in 51 US states and territories. Doreen Lea Weber is President, Chief Executive Officer, and Chief Compliance Officer; Jeffrey Allen Schuh is Chief Financial Officer and Financial Operations Principal; Deborah Lorraine Bluhm is Associate Secretary.

According to the firm’s BrokerCheck report, Fintegra Financial Solutions is the subject of four regulatory sanctions and one customer complaint that evolved into arbitration.

In 2014 the State of Virginia Securities Division sanctioned Fintegra Financial Solutions following allegations the firm failed to supervise one of its registered representatives, who was convicted of securities fraud in connection with the sale of promissory notes. Fintegra Financial Solutions was ordered to pay $100,000 in restitution to its investors.

In 2013 the Financial Industry Regulatory Authority (FINRA) sanctioned Fintegra Financial Solutions following allegations the firm failed to supervise representatives who conducted private securities transactions. Fintegra Financial Solutions was censured and issued a fine of $5,000.

In 2013 a customer alleged Fintegra Financial Solutions breached its fiduciary duty, misrepresented and omitted material facts related to an investment, and recommended an unsuitable investment. The complaint resulted in an award to the customer of more than $1,475,400.

In 2012 the Idaho Department of Finance sanctioned Fintegra Financial Solutions following allegations the firm failed to supervise certain representatives and omitted material facts related to an investment. Fintegra Financial Solutions was issued a fine of $35,000.

In 2012 FINRA sanctioned Fintegra Financial Solutions following allegations the firm failed to maintain a reasonable supervisory system designed to prevent representatives from designating certain securities as eligible for a waiver when said securities were ineligible. Fintegra Financial Solutions was censured and issued a fine of $25,000.

If you have complaints regarding Fintegra Financial Solutions, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover your losses. All cases are taken on contingency: we only get paid if and when you recover money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.