Peter Fenton Has Received a Pending Customer Complaint

Peter FentonPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 12, 2018 indicate that Massachusetts-based Detwiler Fenton & Company broker Peter Fenton has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Fenton (CRD# 2334505).

Peter Fenton has spent 24 years in the securities industry and has been registered with Detwiler Fenton & Company in Boston, Massachusetts since 1993. He was previously registered with Detwiler Fenton Wealth Management in Boston, Massachusetts (2011-2015). He has passed four securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on June 15, 1993; Series 87 (Research Analyst Exam – Part II Regulations Module), which he obtained on February 1, 2005; Series 7 (General Securities Representative Examination), which he obtained on May 26, 1993; and Series 24 (General Securities Principal Examination), which he obtained on May 31, 2001. He is a registered broker with three US states: Massachusetts, New York, and Virginia.

According to his BrokerCheck report, he has received one customer complaint and one pending customer complaint.

In 2016 a customer alleged Peter Fenton, while employed at Detwiler Fenton & Company, failed to adequately supervise the actions of a former representative, resulting in mismanagement of the customer’s IRA accounts. The customer is seeking $2,000,000 in damages in the pending complaint.

In 2013 a customer alleged Peter Fenton, while employed at Detwiler Fenton & Company, participated in a Ponzi scheme, churned investments, breached his fiduciary duty, failed in his supervisory duty, made unauthorized transactions, and violated FINRA rules. The complaint settled for $260,000.

If you or someone you know has lost money investing with Peter Fenton, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we 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.