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 »