Dennis McMurray— Alleged Private Securities Transactions & Selling Away

Cleveland stockbroker fraud lawyerDennis McMurray Terminated by Girard Securities, Inc after the Firm Filed a Form U5 Related to an Internal Review of McMurray’s Alleged Practices of Selling Away and Participation in Private Securities Transactions

Dennis McMurray was terminated by Girard Securities, Inc. and the firm filed a Form U5 on September 15, 2016 relating to an internal review of McMurray’s alleged practices of selling away and participation in private securities transactions, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Dennis McMurray’s alleged practices of selling away and participation in private securities transactions are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Dennis McMurray’s alleged practices of selling away and participation in private securities transactions.

Dennis McMurray, of Irvine, California, and a broker formerly registered with Girard Securities, Inc., came under the scope of a FINRA investigation into his alleged misconduct on March 31, 2017, according to the aforementioned AWC.

Subsequently, FINRA sent a letter to McMurray y requesting that McMurray provide information and documentation to FINRA staff by April 14, 2017, in accordance with FINRA Rules, the AWC states.

Dennis McMurray Barred by FINRA from Associating with any FINRA Member in any Capacity Following His Alleged Failure to Provide Documents and Information Requested by FINRA

McMurray allegedly received FINRA’s aforementioned request, then purportedly obtained counsel and sought an additional month to provide FINRA staff with a response, according to the aforementioned AWC currently being reviewed by attorneys Alan Rosca and James Booker.

McMurray was then allegedly given two additional extensions to cooperate, wherein FINRA imposed a June 30, 2017 deadline, the AWC notes. At the deadline, however, McMurray, however,  reportedly failed to hand over information and documentation at the deadline that FINRA sought, the AWC reports.

As a result, McMurray allegedly violated FINRA Rules and hence has been barred by FINRA from associating with any FINRA member in any capacity, the AWC states.

Finally, one should also note that, according to the AWC, Dennis McMurray, 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 investment-related fraud or misconduct and are currently investigating Dennis McMurray’s alleged practices of selling away and participation in private securities 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 Dennis McMurray’s alleged practices of selling away and participation in private securities transactions may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

Alan Rosca (1252 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.