Bruce R. Geiger—Falsified Forms Relating to Customer Accounts

Bruce R. Geiger Allegedly Falsified 115 Forms Relating to the Accounts of 14 Customers Totaling Approximately $562,000

Bruce R. Geiger, from 2005 to 2010, allegedly falsified 115 forms relating to the accounts of 14 customers at Thrivent Investment Management, Inc. to cause disbursements totaling approximately $562,008.65, according to a recent Complaint from FINRA’s Department of Enforcement.

The Complaint goes on to allege that Geiger allegedly altered forms by adding dates to customers’ signatures after the customers had signed the forms, re-used original customers’ signature pages from forms that had been previously executed, and altered the dates of the customers’ signatures, the Complaint further alleges.

Bruce R. Geiger Sanctioned for Three and a Half Months and Fined $5,000

Bruce R. Geiger allegedly altered forms which had previously been executed by his customers, that he added signature dates in pencil in order to expedite his practice of erasing prior dates and re-dating the customers’ original signatures from previously executed forms for re-use on subsequent transactions, according to the SEC Complaint.

As a result, Geiger violated NASD and FINA Rules, and hence, has been sanctioned with a 3 and a half month suspension and a $5000 fine from FINRA.

Geiger was registered with FINRA through Thrivent as an Investment Company Products/Variable Contracts Representative from June 9, 1987 through December 9, 2010, and as a General Securities Representative from July 14, 2004 through December 9, 2010, the Complaint further notes.

The Peiffer Wolf Carr & Kane Investor Rights Lawyers Helping Investors

The Peiffer Wolf Carr & Kane investor rights lawyers often represent investors who lose money as a result of falsification of client forms. 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 alleged falsification of client forms may contact the investor rights lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (585) 310-5140.

Broker: Bruce R. Geiger

Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

phil korosec (1250 Posts)

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.