Mark Schklar—Private Securities Transactions

Mark Schklar Allegedly Engaged in Private Securities Transactions; Schklar Allegedly Recommended and Facilitated the Sale of Shares in a Company that Purportedly Produced Equipment Implemented to Grow Marijuana

Mark Schklar allegedly took part in private securities transactions by recommending and facilitating sales of shares in a company that manufactured equipment used to grow marijuana, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and James Booker.

Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in issues related to Mark Schklar’s alleged private securities transactions.

Investors who believe they may have lost money in activity related to Mark Schklar’s alleged private securities transactions are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Mark Schklar, between February 2013 and January 2015, allegedly did not make disclosures to his member firm, according to said AWC.

Overall, Mark Schklar allegedly ultimately facilitated the sale of 8,000,000 shares of the company to four investors for total proceeds of $285,250, according to the AWC.

The Peiffer Rosca Wolf securities lawyers are currently investigating Mark Schklar’s alleged private securities transactions.

Mark Schklar also Allegedly Loaned $80,000 to a Customer without First Obtaining Approval from His Firm; Schklar Fined $10,000 and Suspended for Eight Months

Mark Schklar allegedly loaned $80,000 to customer without obtaining approval from his firm, BB & T Securities, LLC, according to the aforementioned AWC currently under review by attorneys Alan Rosca and James Booker.

Based on the aforementioned behavior, Schklar allegedly violated NASD and FINRA Rules and thus has been fined $10,000 and suspended for eight months by FINRA, the AWC notes.

Schklar’s FINRA BrokerCheck Report also reports that he allegedly has five customer disputes against him and is currently not registered within the industry.

Schklar was also registered with H.L. Camp & Co.,Heidtke & Co., J.C. Bradford & Co., Dickinson & Co., Birchtree Financial Services, FAS Wealth Management Services, Roan-Meyers Associates, Bergen Capital, Scott & Stringfellow, BB&T Securities and Ridgeway & Conger in New Woodstock, New York from January 2015 until May 2016.

One should also note that, according to the AWC, Mark Schklar 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 investment fraud and are currently investigating Mark Schklar’s alleged private securities transactions. 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 Mark Schklar’s alleged private securities transactions 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 (1169 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.