Adam Veron— Alleged Private Securities Transactions without Proper Notice

Cleveland stockbroker fraud lawyerAdam K. Veron Formed Contract Funding & Corporate Management LLC (CFCM) and Allegedly then Sold Approximately $1.8 Million of CFCM Shares to Nine Questar Customers and $50,000 of Shares to One Non-customer, All Without Informing Questar

Adam Veron formed Contract Funding & Corporate Management LLC (CFCM) and then allegedly sold approximately $1.8 Million of CFCM shares to nine Questar customers and $50,000 of shares to one non-customer without informing Questar, according to a recent Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Adam Veron’s alleged private securities transactions without proper notice are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Adam Veron’s alleged private securities transactions without proper notice.

Adam Veron, of Lake Charles, LA, allegedly failed to submit proper written notification to Questar and to receive approval for the venture prior to starting the company, the aforementioned AWC states.

Furthermore, Veron also allegedly did not reveal the existence of CFCM in annual compliance questionnaires he was required to complete, the AWC notes.

Adam Veron Barred by FINRA for Allegedly Selling Away

Adam Veron allegedly sold shares away from his firm, and therefore violated NASD and FINRA Rules, according to the aforementioned AWC currently under review by attorneys Alan Rosca and James Booker.

Hence, Veron has been barred from the securities industry by FINRA , the AWC notes.

CFCM purportedly provides a line of credit to Company A, which uses the funds to fulfill its federal procurement contracts and, in turn, passes on a portion of its profits to CFCM, the AWC reports.

Veron has also allegedly since repaid two investors the amount of their investment plus interest, the AWC states.

Veron reportedly worked at Questar from September 2013 to February 2017 and also at LPL Financial in Lake Charles from September 2009 to September 2013, the AWC reports.

Finally, one should also note that, according to the AWC,  Adam K. Veron neither admitted nor denied the FINRA findings.

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  Adam K. Veron’s alleged private securities transactions without proper notice. 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 Adam K. Veron’s alleged private securities transactions without proper notice  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 (1234 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.