Jeffery Fanning, formerly with Liberty Partners Financial Services, Suspended from Securities Industry for Sixth Months
Have you lost money due to excessive trading or churning at accounts with Liberty Partners Financial Services? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Jeffery Allen Fanning. FINRA alleged that Fanning failed to reasonably supervise potential excessive trading by other representatives at Liberty Partners Financial Services.
FINRA alleged that accounts with potentially excessive trading or churning were at times not reviewed until several months after the transactions, if at all. To settle these allegations, Jeffery Fanning agreed to pay a fine of $20,000, a six-month suspension in all capacities, and a twelve-month suspension in a principal capacity.
Jeffery Fanning was a financial advisor and registered representative of Liberty Partners Financial Services from 2004 to March 2017. He worked in a branch office in West Palm Beach, Florida. Fanning has been the subject of three other regulatory actions, as well as three customer complaints. One of those complaints makes allegations regarding former representative Ariel Hernandez. Hernandez has since been barred from the securities industry.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado and Seattle, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in southern Florida. Our attorneys have represented over one thousand investors against many brokerage firms in the past.
Click to view: Fanning, Jeffery FINRA Order
Click to view: Fanning, Jeffery BrokerCheck 4.3.18
If your advisor recommended investments in leveraged or inverse ETFs that caused you losses, either through Richard Martin, Liberty Partners Financial Services, or another firm, please CONTACT US at 720-599-3505 for a free evaluation of your case.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.