Jeffrey Meyer sanctions – United Private Capital

stockbroker fraud lawyersJeffrey B. Meyer Barred for Allegedly Engaging in Outside Business Activities

Jeffrey B. Meyer was barred for allegedly engaging in outside business activities without the authorization of his broker-dealer, according to a complaint from FINRA’s Department of Enforcement.

Between the period of November 2008 and September 2009, and while associated with Waddell & Reed, Jeffrey B. Meyer allegedly engaged in private securities transactions by taking part in sales to 20 investors of corporate guarantees issued by United Private Capital, Inc. totaling $1 million, the complaint further alleges. In addition, the complaint notes that the United Guarantees were securities, and that Meyer allegedly participated in the sales without providing prior written notice to Waddell.

Jeffrey B. Meyer Sold $300k Promissory Notes issued by Strategic Lending Solutions LLC and $238k Promissory Notes Issued by K&M Oil Company Inc.

Jeffrey B. Meyer allegedly sold $1m corporate guarantees issued by United Private Capital Inc. to 20 investors, and sold $300k promissory notes issued by Strategic Lending Solutions LLC to 13 investors, sold $238k promissory notes issued by K&M Oil Company Inc. to 8 investors, according to the aforementioned complaint.

As a result of Meyer allegedly engaging in private securities transactions involving 37 customers and investments of more than $1.5 million, and not providing proper written notice, he violated FINRA and NASD Rules, and therefore is barred from associating with any FINRA member firm in any capacity.

The Peiffer Rosca Wolf Investment Rights Attorneys Often Represent Investors

The Peiffer Rosca Wolf investment rights attorneys often represent investors who lose money as a result of investment 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 investment misconduct may contact the investment rights attorneys 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 (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.