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Rex Securities Law is investigating Greg John Campbell, a broker who formerly worked for LPL Financial in Creve Coeur, MO. , and prior to that, Merrill Lynch in Clayton, MO.

Missouri Securities Regulators recently filed a Cease and Desist action against Campbell alleging that:

• he opened accounts for clients without authorization
• used forged signatures to open the accounts
• used unauthorized client addresses in account documents
• lied to a client that errors in his account had been corrected
• lied to a client that an unauthorized account had been closed
• provided false account statements to a client
• transferred funds from client accounts without permission
• used client funds for his own benefit

In November 2012, LPL settled a customer arbitration for $172,460. That customer alleged Campbell had transferred funds without authority between September 2012 and October 2012, that an unauthorized account was established and an unauthorized address was used on his account.

In December Merrill Lynch settled a customer arbitration for $319,913. That customer alleged that Campbell had misappropriated funds from his account from October 2010 to October 2011.

See this for information on how to access Campbell's entire disclosure report on the FINRA BrokerCheck website.

If you know anything that can be of assistance in this investigation, we would appreciate hearing from you. If you have questions about losses in your brokerage account, contact us for a no charge consultation.

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Rex Securities Law

561 391 1900

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

The Securities and Exchange Commission filed charges against two Oppenheimer & Co. investment advisers for misleading investors about the valuation and performance of a private equity fund, Oppenheimer Global Resource Private Equity Fund I L.P. which was marketed from October 2009 until June 2010.

According to the SEC, the largest investment in the fund was Cartesian Investors-A, LLC, which was improperly valued resulting in a material increase in the performance of the Global Resource Fund and causing investors to be misled as to the actual performance of the fund.

Oppenheimer paid $2.8 million in fines and restitution to resolve the matter with the SEC and will pay an additional $132,421 to resolve a related action brought by the Massachusetts Attorney General.

If you have questions about your brokerage account or complaints about losses in the account, contact us to explore your legal rights.

Free Consultation.

Nationwide Representation

Rex Securities Law

561 391 1900

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Writing checks for over $650,000 from a client account without permission resulted in the permanent bar from the industry for Adorean Boleancu, who formerly worked for Wells Fargo Private Bank in San Francisco. FINRA announced the bar in March 2013.

While neither admitting or denying, Boleancu agreed to repay his elderly widow client the money he had taken and exit the industry. The misconduct started in 2008 while Boleancu was employed by Wells Fargo when he wrote checks from the customer's account, giving some of the money to his girlfriend.

He was discharged by Wells Fargo for failure to cooperate with the investigation.

If you have questions about your brokerage account or complaints about losses in your account that you do not understand, do not hesitate to contact us.

Free consultation.

Nationwide representation.

Rex Securities Law

561 391 1900

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.