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Lizabeth Ty Gets Permanent Ban by FINRA

Lizabeth TyPublicly available records published by the Financial Industry Regulatory Authority (FINRA) on May 12, 2016 indicate that former Texas-based Park Avenue Securities broker Lizabeth Ty has been permanently barred from acting as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Ms. Ty (CRD# 4737319).

Lizabeth Ty has spent 10 years in the securities industry and was most recently registered with Park Avenue Securities in Houston, Texas (2006-2015). Previous registrations include Brookstreet Securities Corporation in San Juan Capistrano, California (2004) and Ameritas Investment Corporation in Lincoln, Nebraska (2004). She is currently not registered with any state or firm.

According to his BrokerCheck report, Lizabeth Ty has received three customer complaints and one regulatory sanction.

In May 2016, FINRA sanctioned Lizabeth Ty following allegations that she failed to supply requested documents and information during an investigation into the alleged sale of unregistered securities. She was issued a permanent bar from the securities industry.

In March 2016, a customer alleged that Lizabeth Ty, while employed at Park Avenue Securities, sold unregistered promissory notes. The customer is seeking $250,000 in damages in the pending complaint.

In February 2016, a customer alleged that Lizabeth Ty, while employed at Park Avenue Securities, sold unregistered securities. The customer is seeking $500,000 in damages in the pending complaint.

In February 2016, a customer alleged that Lizabeth Ty, while employed at Park Avenue Securities, sold unregistered securities. The customer is seeking $400,000 in damages in the pending complaint.

If you or someone you know has suffered losses investing with Lizabeth Ty, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recoup losses. Fitapelli Kurta accepts every case on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.