Bret Michael Ackerman— Corporate Bond Transactions

investors rights attorneysBret Michael Ackerman Was Investigated by FINRA Regarding Certain Corporate Bond Transactions

Bret Michael Ackerman was the subject of a FINRA investigation regarding certain corporate bond transactions, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) presently being reviewed by attorneys Joe Peiffer and Alan Rosca.

During the course of the aforementioned FINRA investigation, FINRA Market Regulation staff, on December 15, 2015, sent a letter to Ackerman, pursuant to FINRA Rules, requesting that he appear for testimony on January 28, 2016, at FINRA’s Rockville offices in Maryland, the AWC notes.

Said FINRA request was made in order to obtain information regarding certain corporate bond transactions executed by Ackerman while he was employed at a FINRA member firm, the AWC reports.

Bret Michael Ackerman Barred by FINRA For Refusing to Appear for Testimony Regarding Certain Bond Transactions

Bret Michael Ackerman, on January 13, 2016, through his counsel, informed FINRA during a telephone conversation that Ackerman had received the FINRA request, and that he would not appear for the requested testimony on January 28, 2016, or on any date thereafter, according to the aforementioned AWC currently being examined by attorneys Joe Peiffer and Alan Rosca.

Later that same day, FINRA staff sent Ackerman an e-mail, through his counsel, confirming that Ackerman informed the staff that he would not appear for his scheduled testimony, and, hence, by refusing to testify as requested by FINRA, Ackerman violated FINRA Rules, and hence, was barred by FINRA.

One should also note that, according to the AWC, Bret Michael Ackerman, 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 certain corporate bond transactions and are currently investigating Bret Michael Ackerman’s corporate bond 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 Bret Michael Ackerman’s corporate bond transactions 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 (1180 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.


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