Xavier R. Endress- Engaged in Outside Business Activity

investors rights attorneysXavier R. Endress Created E & H Consulting and Allegedly Engaged in Business Outside of Merrill Lynch

Xavier R. Endress formerly a registered representative for Merrill Lynch, was barred from associating with any Financial Industry Regulatory Authority (FINRA) member firm in any and all capacities. Endress consented, without admitting or denying the allegations, to findings that he engaged in an outside business activity without the written approval of Merrill Lynch, according to FINRA documents currently under review by investor attorneys, Peiffer Wolf Carr & Kane.

Endress allegedly failed to provide written notification to Merrill Lynch of his ownership and of business activities through E&H Consulting an entity in which Endress was the sole owner and controller. In December 2012, Endress allegedly opened and funded a brokerage account at Merrill in the name of E&H Consulting. Endress allegedly solely controlled the account. As part of the account opening process for E&H Consulting, Endress allegedly completed required account opening documents, and other account related documents. In completing the E&H account documents, Endress allegedly falsified certain information.

Xavier R. Endress Barred from Securities Related Business

FINRA Rules provide that no member or registered person may be an employee, independent contractor, sole proprietor, officer, director or partner of another person, or be compensated, or have the reasonable expectation of compensation, from any other person as a result of any business activity outside the scope of the relationship with his or her member firm, unless he or she has provided prior written notice to the member, in such form as specified by the member.

Endress accepted and consented to the entry of specific findings by FINRA contained within the Letter of Acceptance, Waiver, and Consent (AWC), without admitting or denying FINRA’s findings of fact. FINRA’s entry of findings alleged that Endress engaged in an outside business activity without the written approval of Merrill Lynch.

Investor Rights Lawyers Investigating

Peiffer Wolf Carr & Kane investor rights attorneys are currently investigating the alleged real estate dealings of Xavier R. Endress.

Peiffer Wolf Carr & Kane attorneys 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 Xavier R. Endress’ business activities through E&H Consulting may contact the investor rights attorneys at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at (585) 310-5140.

phil korosec (1249 Posts)

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.