Glenn Allen Moffitt—Failure to Appear for On-the-Record Testimony
Glenn 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 Wolf Carr & Kane Investor Rights Lawyers Fight to Help Investors
The Peiffer Wolf Carr & Kane 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 Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (585) 310-5140.
Broker: Glenn Allen Moffitt
Status: INVESTIGATED by Peiffer Rosca.
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