Aaron Parthemer—Sale of Unregistered Securities

New York investor rights attorneyAaron R. Parthemer Allegedly Assisted in the Sale of over $5 Million in Unregistered Stocks to Football Players without Proper Due Diligence and Disclosure of Conflicts

Aaron Parthemer, a former Wells Fargo adviser and Miami Beach nightclub owner, allegedly assisted in the sales of over $5 million in unregistered stocks to pro football players without having conducted due diligence or disclosing his conflicts-of-interest, according to SEC Reports currently under review by attorneys Alan Rosca and James Booker.

Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in issues related to Aaron Parthemer alleged sale of unregistered stocks.

Investors who believe they may have lost money in activity related to Aaron Parthemer alleged sale of unregistered stocks are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Aaron Parthemer purportedly managed upwards of $250 million of client assets at a Wells Fargo branch in Fort Lauderdale, Fla., and allegedly used bonus money to fund activity in violation of securities law and dealer’s internal policies, according to Statements in U.S. Bankruptcy Court in the Southern District of Florida.

Parthemer, now banned by FINRA for life from taking part in penny stock offerings or acting as an investment adviser, allegedly sold more than $5 million in unregistered stocks to several athletes, according to said SEC Reports.

One should also note that, according to the SEC, Aaron Parthemer neither admitted nor denied the SEC findings.

The Peiffer Rosca Wolf securities lawyers are currently investigating Aaron Parthemer’s alleged sale of unregistered stocks.

Parthemer Allegedly Loaned Athletes $400,000 for a Miami Night Club and Referred Clients to Invest $3 Million in a Startup Internet Branding Company

Aaron Parthemer was barred last year for life from the securities industry for allegedly failing to make disclosures regarding his participation in Club Play, a now closed Miami Beach nightclub which was owned by several pro athletes who also were Parthemer clientele, according to SEC Reports currently under review by attorneys Alan Rosca and James Booker.

Parthemer allegedly made loans of almost $400,000 for the operation and also referred some clients to make investments of $3 million in a startup internet branding company, FINRA notes.

FINRA has not names the athletes in the case.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Aaron Parthemer’s alleged sale of unregistered stocks. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Aaron Parthemer’s alleged sale of unregistered stocks may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

Alan Rosca (1169 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.