BROKER REPORT: Clark Gardner Barred by the SEC and FINRA

businessman-with-the-notebook-1-1362246-m-141x300The securities fraud attorneys at Malecki Law are interested in hearing from investors who have complaints regarding former stockbroker Clark Gardner.  According to his BrokerCheck report maintained by the Financial Industry Regulatory Authority (“FINRA”), Mr. Gardner is no longer FINRA licensed to sell investments.  He has also reportedly been the subject of no less than six reportable events, including customer complaints and regulatory investigations.

Per FINRA, Mr. Gardner was permanently barred by both FINRA and the SEC from the financial services industry.  The FINRA investigation of Mr. Gardner reportedly surrounded the conversion of $243,000 of customer funds.  Per his BrokerCheck report, Mr. Gardner also served as an agent for a real estate investment company without required approval of his firm.

Mr. Gardner has been the subject of customer complaints as well.  Customers have alleged that Mr. Gardner breached fiduciary duties and recommended unsuitable investments.  According to FINRA records, one customer dispute is presently pending, while another was settled for $263,000.

Mr. Gardner was reportedly registered with Walnut Street Securities, Sammons Securities and Cetera Advisors.

The attorneys at Malecki Law are regularly contacted by and regularly represent individuals who have lost money in connection with inappropriate securities transactions and outside business activities of financial advisors/stockbrokers.

If you or a family member lost money invested with Clark Garnder, Walnut Street Securities, Sammons Securities or Cetera Advisors, you are encouraged to contact the securities fraud lawyers at Malecki Law for a free consultation and case evaluation at (212) 943-1233.

Malecki Law has successfully brought securities actions on behalf of investors who suffered losses as a result of unscrupulous actions taken in their securities accounts, recovering millions of dollars for their clients.