Andrew Todd Yocum– Effected Unauthorized Transactions, Exercised Discretion without Written Authorization

New Orleans stockbroker fraud attorney

New Orleans stockbroker fraud attorney

Andrew Todd Yocum Allegedly Effected Unauthorized Transactions, Exercised Discretion without Written Authorization, and Purportedly Recommended Unsuitable Concentrated Purchases of Energy Sector Securities to Senior Investors

Andrew Todd Yocum allegedly executed unauthorized transactions, exercised discretion without written authorization, and purportedly recommended unsuitable concentrated purchases of energy sector securities to senior investors, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and Joe Peiffer.

Andrew Todd Yocum allegedly has 15 customer disputes disclosed on his FINRA profile, the oldest of which is dated May 2015, and most of customers allege unsuitability and that the accounts were over-concentrated in oil & gas related securities, the AWC reports.

The Peiffer Rosca Wolf securities lawyers are currently investigating Andrew Todd Yocum’s alleged unauthorized transactions.

Andrew Todd Yocum Barred by FINRA for Alleged Failure to Appear for On-the-record Testimony Regarding an Investigation into Alleged Unauthorized Transactions

On March 30, 2016, FINRA Staff sent a request to Yocum for on-the-record testimony pursuant to FINRA Rules, according to the aforementioned AWC currently under review by attorneys Alan Rosca and Joe Peiffer.

Yocum acknowledges that he received FINRA’s request and would not appear for on-the record testimony at any time, and hence, violated FINRA Rules and has been barred by FINRA, the AWC reports.

One should also note that, according to the AWC, Andrew Todd Yocum 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 alleged unauthorized transactions and are currently investigating Andrew Todd Yocum’s alleged unauthorized transactions.  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 Andrew Todd Yocum’s alleged unauthorized may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1144 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.