Gregg Templeton—Misuse of Customer Funds

Cleveland stockbroker fraud lawyerGregg D. Templeton Allegedly Misused Customer Funds and Committed Other Sales Practice Violations

Have you invested your hard-earned money with Gregg Templeton of New York, New York? Gregg Templeton, between July 2010 and July 2015, allegedly misused customer funds and committed other sales practice violations, according to a recent Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Gregg Templeton’s alleged misuse of customer funds and other sales practice violations 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 Gregg Templeton’s alleged misuse of customer funds and other sales practice violations.

Gregg Templeton, a financial advisor and registered representative of Oppenheimer & Co. from 2007 to August 2015, was allegedly terminated by said firm on July 31, 2015 “after an internal review concluded that he engaged in compensated consulting services, including capital raising, for a company without prior disclosure to and without proper approvals”, according to said AWC.

Gregg Templeton Barred by FINRA after Failing to Provide Documents and Information as Requested by FINRA

Gregg Templeton, on May 26, 2016, received a request from FINRA for information and documents pursuant to FINRA Rules to which Templeton provided documents and information pursuant to this request, according to the aforementioned AWC currently under review by attorneys Alan Rosca and James Booker.

Subsequently, on December 19, 2016, FINRA staff sent Templeton another letter pursuant to FINRA Rules which requested that he provide additional documents and information to FINRA, the AWC states.

On February 10, 2017, after two additional extensions, counsel for Templeton allegedly informed FINRA staff that Templeton would allegedly not produce the requested documents and information requested in the December 19, 2016 letter and Templeton would no longer cooperate with FINRA’s investigation, the AWC notes.

By refusing to provide the documents and information as requested pursuant to FINRA Rules, Templeton allegedly violated FINRA Rules, the AWC states.

One should also note that, according to the AWC, Gregg Templeton 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 alleged investment fraud and are currently investigating Gregg Templeton’s alleged misuse of customer funds and other sales practice violations. 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 Gregg Templeton’s alleged misuse of customer funds and other sales practice violations 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 (1163 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.