FINRA barred Kevin Donald Wanner from association with any FINRA member in any capacity.
/Furgison Law Group investigates claims against Kevin Donald Wanner
The securities fraud lawyers at Furgison Law Group are currently investigating claims against Kevin Donald Wanner, Questar Capital Corporation and Woodbury Financial Services, Inc. The arbitration specialists at Furgison Law Group are investigating claims involving allegations of breach of fiduciary duty, failure to supervise, misrepresentations, omissions of material facts, conflict of interests, violations of state and federal securities laws, along with other broker misconduct.
FINRA barred Kevin Donald Wanner from the securities industry
FINRA barred Kevin Donald Wanner (CRD #1402627, Bismarck, North Dakota) from association with any FINRA member in any capacity. Wanner consented to the sanction and to the entry of findings that he failed to provide FINRA with documents and information and appear for testimony after FINRA began an investigation into the events leading up to Wanner’s termination from his member firm including, among other things, whether he misappropriated customer funds. The findings stated that in Wanner’s Form U5 stated that he had been discharged after the North Dakota Securities Department issued a cease and desist order alleging that he “offered for sale and sold to a North Dakota resident a time certificate of deposit’ purporting to represent an investment in an Federal Deposit Insurance Corporation (FDIC)-insured interest bearing account” and “misrepresented to the investors that their funds would be deposited with the FDIC member financial institutions represented and instead deposited their funds into accounts owned and controlled by him for his own purpose.” (FINRA Case #2015048162701)
Investors Have the Right to Recover Their Losses
When investments are sold by brokerage firms licensed by FINRA, they are subject to the laws that FINRA enforces. The brokerage firms are responsible for ensuring that their brokers are trading fairly, ethically and in the best interest of their clients. Ideally, they would accomplish this through careful supervision. Unfortunately, too often this supervision has been inadequate to fully protect investors. If you purchased any investments through a representative of a registered brokerage firm and suffered loses through negligence or fraud, it immediately puts the brokerage firm at fault for failing to supervise their broker. FINRA law then dictates that you can hold the firm legally liable to recover your damages.
Can I recover my investment losses?
If you lost a substantial portion of your retirement savings or other assets as a result of investments purchased through Kevin Donald Wanner, Questar Capital Corporation and Woodbury Financial Services, Inc., please contact us immediately. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Time is of the essence in these claims. The sooner you act, the greater your chances of recovering your investment losses. Don't wait. Contact us TODAY for a FREE Consultation and case evaluation. We will tell you if you have a viable claim worth pursuing.