Glenn Allen Moffitt—Failure to Appear for On-the-Record Testimony

investor rights lawyersGlenn Allen Moffitt Allegedly Converted at Least $370,000 from an Elderly Customer

Glenn Allen Moffitt allegedly converted at least $370,000 from an elderly customer, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC).

The aforementioned and alleged misconduct took place when Moffitt was working with Cambridge Investment Research, Inc in Henderson, Nevada.  Previously he had worked with LPL Financial, according to the AWC.

Glenn Allen Moffitt Barred by FINRA after Refusing to Appear for On-the-Record Testimony

Glenn Allen Moffitt received a letter from FINRA on July 24, 2015 requesting his appearance for testimony pursuant to FINRA Rule, according to the AWC.

Moffitt purportedly acknowledged that he received FINRA’s request for testimony and then stated that he would not appear for on-the-record testimony at any time, the AWC notes.

By refusing to appear for on-the-record testimony as requested pursuant to FINRA Rules, Moffitt violated FINRA Rules, and thus had been barred by FINRA from associating with any FINRA member in any and all capacities, according to the AWC.

Moffitt did not admit, nor deny, FINRA’s allegations.

The Peiffer Rosca Wolf Investor Rights Lawyers Fight to Help Investors

The Peiffer Rosca Wolf investor rights lawyers often represent investors who lose money as a result of alleged broker misconduct. 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 broker misconduct may contact the investor rights lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Broker: Glenn Allen Moffitt
Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

Alan Rosca (1180 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.