J. Randall Gladden– Private Securities Transactions without Proper Prior Written Notice

investment fraud attorneysJ. Randall Gladden Allegedly Participated in Private Securities Transactions, Creating Church Development Fund, LLC, without Proper Prior Written Notice to Securities Equity Group

J. Randall Gladden allegedly participated in private securities transactions, conceiving of and participated in the creation of Church Development Fund, LLC, without providing prior written or other notice to his Firm, Securities Equity Group (SEG), and without receiving written approval from SEG, according to a recent Complaint from FINRA’s Department of Enforcement currently under review by attorneys Joe Peiffer and Alan Rosca.

Furthermore, J. Randall Gladden also allegedly failed to provide SEG with prompt written notice of his participation in Church’s management outside the scope of his relationship with SEG and also purportedly falsely stated that he had not engaged in any capital raising activities and failed to disclose that he was a principal member of the Church Development Fund, FINRA reports.

The Peiffer Rosca Wolf securities lawyers are investigating J. Randall Gladden’s alleged participation in private securities transactions.

J. Randall Gladden also Allegedly Solicited Seven Investors to Invest More than $2.1 million in the Funds through Purchases of Securities

J. Randall Gladden, from May 2011 through September 2013, also allegedly solicited seven investors to collectively invest more than $2.1 million in Church Development Fund, LLC through purchases of securities, according to said Complaint from FINRA’s Department of Enforcement presently being examined by attorneys Joe Peiffer and Alan Rosca.

FINRA reports, however, that on Gladden’s 2011 and 2012 Compliance Certifications, he allegedly informed SEG that he had not “engaged in any capital raising activities for any company, corporation or business entity”, FINRA reports.

As a result of the aforementioned behavior, FINRA alleges that Gladden violated NASD and FINRA Rules, and has ordered that one or more sanctions be imposed, including monetary sanctions, the Complaint notes.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged private securities transactions. They are currently investigating the sale of Church Development Fund, LLC by J. Randall Gladden. 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 private securities transactions, or whom have invested funds with J. Randall Gladden may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1247 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.