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Philip Lefton Discharged From JP Hanauer & Co.

Philip LeftonThe securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Florida-based Shearson Financial Services broker Philip Lefton (CRD# 2945659).

Philip Lefton has spent seventeen years in the securities industry and has been registered with Shearson Financial Services in Boca Raton, Florida since April 2015. Previous registrations include Buckman Buckman & Reid in Boca Raton, Florida; Capital Growth Financial, which has since been expelled by the Financial Industry Regulatory Authority (FINRA), in Boca Raton, Florida; JB Hanauer & Company in Parsippany, New Jersey; and Golden Harris Capital Group in West Orange, New Jersey. He is a registered broker in five US states: Florida, Maryland, New Jersey, New York, and Ohio.

According to his BrokerCheck report, Philip Lefton is the subject of one customer complaint and four pending customer complaints, and was discharged from his position at JB Hanauer & Company.

  • In May 2015 a customer alleged Philip Lefton, while employed at Capital Growth Financial, made an unsuitable investment recommendation and breached his fiduciary duty. The customer is seeking $500,000 in damages in the pending complaint.
  • In 2012 a customer alleged Philip Lefton, while employed at Newbridge Securities Corporation, misrepresented material facts related to bonds. The customer is seeking $12,000 in damages in the pending complaint.
  • In 2012 a customer alleged Philip Lefton, while employed at Newbridge Securities Corporation, acted negligently, misrepresented material facts related to an investment, and recommended an unsuitable investment. The complaint settled for $32,500, to which Mr. Lefton individually contributed $17,875.
  • In 2003 Philip Lefton was discharged from his position at JB Hanauer & Company following allegations involving a “violation of advertising rules.”
  • In 2001 a customer alleged Philip Lefton, while employed at JB Hanauer & Company, misrepresented material facts related to a corporate bond. The customer is seeking $9,300 in damages in the pending complaint.
  • In 2000 a customer alleged Philip Lefton, while employed at JB Hanauer & Company, recommended an unsuitable corporate bond. The customer is seeking more than $22,000 in damages in the pending complaint.

If you have lost money investing with Philip Lefton, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency, which means we only get paid if and when you collect money. You may have a limited window to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.