Brian James Egan—Failure to Disclose Trading Accounts

Rochester stockbroker fraud attorneyBrian 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.

Alan Rosca (1168 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.