Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 16, 2016 indicate that Illinois-based Independent Financial Group broker/adviser Mark Farwell has received customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Farwell (CRD# 1280076).
Mark Farwell has spent 26 years in the securities industry and has been registered with Independent Financial Group in Sleepy Hollow, Illinois since 2014. Previous registrations include LPL Financial in Gilberts, Illinois; US Bancorp Investments in Palatine, Illinois; Firstar Investment Services in Morris Plains, New Jersey; Laughlin Group Advisors in Lincoln, Nebraska; First of American Brokerage Service in Cleveland, Ohio; Essex National Securities in Napa, California; Hamilton Investments; FN Investment Center in Sacramento, California; Securities America in La Vista, Nebraska; and Waddell & Reed. He is a registered broker and investment adviser with four US states: California, Illinois, Ohio, and Wisconsin.
According to his BrokerCheck report, Mark Farwell has received four customer complaints and was discharged from LPL Financial.
In 2014, Mark Farwell was terminated from LPL Financial following allegations he failed to disclose material facts, as well as “circumstances concerning a variable annuity transaction.”
In 2013, a customer alleged Mark Farwell, while employed at LPL Financial, made unsuitable investment recommendations. The complaint settled in 2014 for $21,800.
In 2000, a customer alleged Mark Farwell, while employed at Firstar Investment Services, did not follow instructions. The complaint settled for more than $400.
In 2006, a customer alleged Mark Farwell, while employed at US Bancorp Investments, misrepresented material facts. The complaint settled for more than $14,200.
In 2003, a customer alleged Mark Farwell, while employed at US Bancorp Investments, indicated a product was principal guaranteed. The complaint settled for more than $11,500.
If you have lost money investing with Mark Farwell, 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 a contingency basis: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim might be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.