January 31, 2022 Comments Off on Broker Dennis Ayre, Hilltop Securities Barred from Securities Industry Blog, Current Investigations

Broker Dennis Ayre, Hilltop Securities Barred from Securities Industry

Broker Dennis Ayre, Hilltop Securities Barred from Securities Industry, featured by top securities fraud attorneys, the White Law Group

FINRA Bars Financial Advisor Dennis Ayre after Allegations of Unsuitable Investments 

According to the Financial Industry Regulatory Authority on January 28, 2022 the regulator has reportedly barred financial advisor Dennis Phillip Ayre (CRD#: 5365176) from the securities industry.
Ayre reportedly refused to appear for on-the-record testimony requested by FINRA in connection with its investigation into the suitability of certain investment recommendations he made to customers. 

According to his FINRA broker profile, Ayre has 14 customer complaints filed against him, many related to the purchase and concentration of Foresight Energy, LP stock. Three of the complaints are currently pending, with the total damage amounts requested in excess of $7 million. 

According to his broker profile, Ayre was affiliated with the following firms during his career in the securities industry:  

08/22/2019 – 07/06/2020, HILLTOP SECURITIES INC. (CRD#:6220), BEVERLY HILLS, CA,  

03/04/2014 – 05/04/2017, OPPENHEIMER & CO. INC. (CRD#:249), LOS ANGELES, CA 

09/15/2011 – 03/04/2014, MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED (CRD#:7691), BEVERLY HILLS, CA 

04/14/2008 – 09/16/2011, WELLS FARGO ADVISORS, LLC (CRD#:19616), LOS ANGELES, CA 

Potential Lawsuits to Recover Investment Losses  

Brokerage firms are required to properly supervise their advisors. They must ensure that those advisors are complying with applicable FINRA rules and regulations. If it can be demonstrated that Dennis Ayre’s former employers failed to properly supervise him, the firm may be held responsible for the losses in a FINRA arbitration claim.  

If you are concerned about your investments with Dennis Ayre and would like a free consultation to discuss your litigation options, please call The White Law Group at 1-888-637-5510.  

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Seattle, Washington.  

For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com 

 To learn more about the firm’s investigation, please see:  

  

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