Brian James Egan—Failure to Disclose Trading Accounts
Brian James Egan Allegedly Failed to Disclose Trading Accounts He Had Apart from His Employer, Independent Financial Group
Brian James Egan allegedly failed to disclose trading accounts he had apart from his employer, Independent Financial Group, according to recent FINRA Documents.
Brian James Egan, from April 2010 to July 2015, allegedly failed to disclose 87 brokerage accounts he had with another firm, according to a settlement notice accepted Tuesday by FINRA’s department of enforcement.
Furthermore, Brian James Egan allegedly held trading authority over said accounts, which were owned by him, his family and customers of his accounting and tax preparation practice, according to said Documents.
Brian James Egan Barred by FINRA from the Brokerage Industry
Brian James Egan allegedly transferred said funds and securities from specific customer accounts to his own personal accounts, according to the aforementioned FINRA Documents.
Whilst litigating the matter, Brian James Egan allegedly agreed to be barred by FINRA, said Documents note. Egan had also previously worked at AFA Financial Group in Calabasas, California from December 2004 to April 2010, according his BrokerCheck report.
One should also note that, according to the AWC, Brian James Egan neither admitted nor denied the FINRA findings.
The Peiffer Rosca Wolf Securities Lawyers Often Assist Investors
The Peiffer Rosca Wolf securities lawyers assist investors who lose money as a result of investment fraud. 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 investment fraud are encouraged to 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.