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Dennis Mehringer Subject of Two Ongoing FINRA Investigations

Dennis Mehringer Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 16, 2016 indicate that California-based Western International Securities broker/adviser Dennis Mehringer is the subject of a pending FINRA investigation. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Mehringer (CRD# 722569).

Dennis Mehringer has spent 34 years in the securities industry and has been registered with Western International Securities in Pasadena, California since 2009. Previous registrations include First Allied Securities in Pasadena, California; FSC Securities in Atlanta, Georgia; Walnut Street Securities in El Segundo, California; Equico Securities in New York, New York; the Equitable Life Assurance Society of the United States in New York, New York; United Pacific Securities in Carlsbad, California; New England Securities in New York, New York; US Securities Clearing Corporation, which has since been expelled by FINRA, in San Diego, California; Guardian Investor Services Corporation; PML Securities; and NEL Equity Services Corporation. He is a registered broker and investment adviser with six US states and territories: California, Florida, Michigan, Montana, North Carolina, and Washington.

According to his BrokerCheck report, Dennis Mehringer has received four customer complaints and is the subject of two regulatory investigations.

In December 2015, Dennis Mehringer was named in a FINRA investigation into allegations involving “possible violations of NASD Rule 2310 & FINRA Rule 2010.” The investigation remains pending.

In December 2015, Dennis Mehringer was named in a FINRA investigation into allegations involving “possible violations of FINRA Rule 2010 regarding Outside Business Activities & Settling Away with a Customer.” The investigation remains pending.

In July 2015, a customer alleged Dennis Mehringer, while employed at Western International Securities, did not execute a trade. The complaint settled for $47,500, to which Mr. Mehringer individually contributed $47,500.

In May 2015, a customer alleged Dennis Mehringer, while employed at Western International Securities and First Allied Securities, breached contract, violated state and federal laws, and failed to supervise. The complaint settled for $290,000, to which Mr. Mehringer individually contributed $45,000.

In 2012, a customer alleged Dennis Mehringer, while employed at Western International Securities, over-concentrated the account. The complaint settled for $81,296.

In 2008, a customer alleged Dennis Mehringer, while employed at First Allied Securities, provided erroneous advice. The complaint resulted in an award to the customer of $75,000.

If you have lost money investing with Dennis Mehringer, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recoup your losses. All cases are taken on contingency, which means Fitapelli Kurta only get paid if and when you collect 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.