Brian Brunhaver, Accused of Making False Statements to Customers, Is Barred From Securities Industry
Brian H. Brunhaver, formerly associated with LPL Financial, LLC, is barred from the securities industry by the Financial Industry Regulatory Authority (“FINRA”) in connection with allegations that Brunhaver made false statements to his customers, according to a default decision issued by FINRA’s Office of Hearing Officers.
The Peiffer Rosca securities practice attorneys Alan Rosca and Joe Peiffer are currently investigating the matter.
Brunhaver used an unauthorized e-mail account to communicate with customers to conduct his securities business, according to the default decision. By using such an account, Brunhaver prevented his firm from reviewing his business-related e-mail communications, according to the decision.
In his e-mails, Brunhaver made false statements and omitted material facts in the course of recommending investments in a real estate investment trust (“REIT”) to a number of customers, according to the decision.
FINRA started an investigation into the activities of Brunhaver after an attorney representing one of the customers reported to FINRA that Brunhaver had made misrepresentations to the customer, according to the decision.
Brunhaver failed to answer FINRA’s complaint that originated from his alleged misconduct. Therefore, FINRA’s Office of Hearing Officers issued a default decision against Brunhaver and barred Brunhaver from the securities industry.
The Peiffer Rosca attorneys often represent investors who lose money as a result of Ponzi schemes, investment fraud, or stockbroker misconduct. They are currently investigating the possibility of assisting victims with the recovery of their losses in connection with their investments made with Brian Brunhaver. 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 their investment with Brian Brunhaver may contact the securities lawyers at Peiffer Rosca, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.