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Larry Wolfe Not a Registered Broker

Larry WolfePublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 16, 2016 indicate that Florida-based Stoever Glass & Company broker Larry Wolfe has received numerous settled or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Wolfe (CRD# 502361).

Larry Wolfe has spent 37 years in the securities industry and has been registered with Stoever Glass & Company since May 2016. Previous registrations include Aegis Capital Corporation in Boca Raton, Florida; Herbert J. Sims & Company in Boca Raton, Florida; the GMS Group in Livingston, New Jersey; Raymond James & Associates in St. Petersburg, Florida; Shearson Lehman Hutton in New York, New York; EF Hutton & Company; Drexel Burnham Lambert; Bevill Bresler & Schulman; Hanauer Stern & Company; and Swanton Securities. He is currently not registered in any US state.

According to his BrokerCheck report, Larry Wolfe has received five customer complaints and one pending customer complaint, and was discharged from Herbert J. Sims & Company.

In April 2016, a customer alleged that Larry Wolfe, while employed at Herbert J. Sims & Company, executed unauthorized trades, made fraudulent misrepresentations, recommended unsuitable investments, breached his fiduciary duty, and breached contract. The customer is seeking $1,500,000 in damages in the pending complaint.

In 2013, a customer alleged that Larry Wolfe, while employed at Herbert J. Sims & Company, executed unauthorized and unsuitable transactions. The complaint settled for more than $18,300.

In 2010, a customer alleged that Larry Wolfe, while employed at Herbert J. Sims & Company, executed unauthorized trades and breached his fiduciary duty. The complaint settled in 1991 for $99,500.

In 2001, a customer alleged that Larry Wolfe, while employed at GMS Group, executed unauthorized trades, churned the account, misrepresented material facts, and recommended unsuitable investments. The complaint settled in 2002 for $20,000, to which Mr. Wolfe individually contributed $20,000.

In 1991, a customer alleged that Larry Wolfe executed excessive trades, misrepresented material facts, breached his fiduciary duty, engaged in churning, and recommended unsuitable investments. The complaint settled for $40,000.

In 1991, a customer alleged that Larry Wolfe, while employed at Shearson Lehman Hutton, breached his fiduciary duty and acted negligently. The complaint resulted in an award to the customer of $71,000.

If you or someone you know has complaints regarding Larry Wolfe, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.