The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Maryland-based brokerage and advisory firm Founders Financial Securities (CRD# 137945).
Formed in Maryland in 2004, Founders Financial Securities is headquartered in Towson, Maryland and registered with 52 US states and territories. Joseph Victor Krcma is Chief Compliance Officer; Jill Anne Reckamp is Financial Operations Principal; Bradley Matthew Shepherd is President.
According to the firm’s BrokerCheck report, Founders Financial Securities is currently not the subject of any customer disputes or regulatory sanctions. However, Gerald Veydt (CRD# 1451528), a broker/adviser who has been registered with Founders Financial Services since 2011, is the subject of two regulatory sanctions.
In 2014 the State of Maryland sanctioned Gerald Veydt, while he was employed at Founders Financial Equities, following allegations he shared commissions with a non-registered person. Mr. Veydt was issued a 6-month suspension.
In 2013 FINRA sanctioned Gerald Veydt, while he was employed at Founders Financial Securities, following allegations he shared commissions with a non-registered person, “who worked for him part-time as an office assistant.” Mr. Veydt was issued a 6-month suspension and a $10,000 fine.
Bradley Shepherd (CRD# 2303045), President of Founders Financial Securities, is the subject of one denied customer complaint. In 2010 a customer alleged Bradley Shepherd, while employed at Founders Financial Securities, recommended an unsuitable variable annuity contract. The customer sought unspecified damages in the complaint, which was denied.
If you have complaints regarding Founders Financial Securities, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup lost funds. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.