Public records published by the Financial Industry Regulatory Authority (FINRA) on July 5, 2016 indicate that New York-based FBN Securities broker Mark Pfeiffer is the subject of a FINRA investigation. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Pfeiffer (CRD# 4089566).
Mark Pfeiffer has spent 15 years in the securities industry and has been registered with FBN Securities in New York, New York since 2013. Previous registrations include Avian Securities in New York, New York (2002-2012) and Ladenburg Thalmann & Company in New York, New York (2000-2002). He is a registered broker with four US states: Colorado, Illinois, New York, and Pennsylvania.
According to his BrokerCheck report, Mark Pfeiffer has been named in a pending FINRA investigation.
In March 2016, FINRA launched an investigation into allegations that during a certain period, Mark Pfeiffer “advertised trade volume that exceeded the actual trade volume executed by the firm.” The investigation remains pending.
Federal securities law forbids brokers like Mark Pfeiffer from making untrue or false statements that can mislead their clients — an act referred to as “misrepresentation.” They similarly may not omit material facts regarding an investment, or the effect that an investment could have on the client’s finances. A “material fact” is a piece of information that would be a significant consideration for a reasonable investor in making a decision about an investment. Some examples include the risk level of a stock, the potential return on an investment, or the fees involved with the transaction. Brokers and investment advisers who misrepresent material facts may be subject to disciplinary action from FINRA, the Securities and Exchange Commission, or state authorities.
If you have lost money investing with Mark Pfeiffer, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid 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.