Stephen Lard Sanctioned by Securities Regulators After Allegedly Recommending and Selling Unsuitable Investments

Rochester stockbroker fraud attorney

Stephen S. Lard, formerly associated with QA3 Financial Corp., recommended and sold unsuitable investments to his customers, according to allegations made by the Financial Industry Regulatory Authority (“FINRA”). Lard recommended and sold various private-placement securities, all of which were speculative, high risk, and illiquid, and exempt from registration under various federal securities laws to three… Read more »

Stephen S. Lard Accused of Recommending and Selling Unsuitable Investments in Private Placements

Stephen S. Lard recommended and sold unsuitable investments, according to a complaint filed by the Financial Industry Regulatory Authority’s (“FINRA”) Department of Enforcement. Lard recommended and sold various private-placement securities, all of which were speculative, high risk, and illiquid, according to the complaint. Lard’s actions resulted in a concentrated position for each investor of approximately… Read more »