FINRA recently announced that David Alan Tucker, a financial advisor for Brookstone Securities, Inc. in Port Orange, Florida, has been fined $5,000 and suspended from association with any FINRA member in any capacity for 20 days. The suspension was in effect from December 21, 2009 through January 9, 2010.
Without admitting or denying the findings, Tucker consented to the described sanctions and to the entry of findings that he engaged in radio broadcasts during which he made statements which were misleading and omitted material information, failed to provide a balanced presentation, and/or were exaggerated, unwarranted and promissory. The findings further stated that Tucker placed a print advertisement in a local newspaper that failed to provide a sound basis for certain claims. Finally, the findings stated that Tucker engaged in the public radio broadcasts and placed the print advertisement without a firm registered principal’s approval.
Prior to working at Brookstone Securities, Inc., David Alan Tucker was a registered representative for Proequities, Inc. a FINRA registered broker-dealer based in South Daytona, Florida. According to Tucker’s FINRA Broker Report (CRD), Tucker was terminated from Proequities for violating firm policy regarding advertising. Tucker’s CRD also indicates that he has been named in at least 1 customer dispute related to possible securities fraud/securities violations.
If you have any questions about investments you made with David Alan Tucker, or if you believe that you have been the victim of a securities fraud, The White Law Group may be able to help.To speak with a securities attorney pleas call our Chicago office at 312-238-9650 for a free consultation.
The White Law Group is a national securities fraud, securities arbitration and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on the firm visit http://www.whitesecuritieslaw.com.