Financial Advisor Corey Lee Mireau Suspended for FINRA Violations
Are you concerned about investments you made with financial advisor Corey Lee Mireau? The White Law Group is investigating potential claims involving Mireau and the liability his employer may have for failing to supervise him.
According to a Letter of Acceptance, Waiver and Consent on FINRA’s website on April 12, the regulator has reportedly suspended Corey Lee Mireau from the securities industry for two years. FINRA has also reportedly fined him$15,000 and ordered him to pay $154,458.85 in restitution.
The sanctions were in regards to Mireau’s alleged outside business activities involving Vapor Distribution Inc., an e-cigarette business, according to FINRA.
FINRA alleges that in September 2013 and May 2017, Mireau borrowed $150,000 and $500, respectively, from two of his Firm customers without notifying, or obtaining prior written approval from, Ameriprise. In September 2013, Mireau allegedly used the $150,000 that he borrowed from his Firm customer to personally invest $140,000 in Vapor Distribution Inc.
Mireau reportedly participated in this private security transaction without notifying, and receiving prior written approval from, Ameriprise. In 2014 and 2015, Mireau purportedly provided consulting services to another Firm customer, according to FINRA. Further, Mireau allegedly made false statements on annual compliance questionnaires regarding his alleged outside business activities.
According to his FINRA BrokerCheck report, Mireau was registered with Ameriprise Financial Services in Eden Prairie, MN from May 1998 thru October 2017. Mireau has 8 disclosure events listed on his broker report.
For FINRA’s full findings see FINRA case # 2017055910301.
Recovery of Investment Losses
The White Law Group is investigating Mireau and the liability his former employer, Ameriprise, may have for failure to supervise his alleged activities.
If you have invested with Corey Lee Mireau and are concerned about your investments, the securities attorneys at The White Law Group may be able to help you. For a free consultation with a securities attorney, please call our offices at 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 Vero Beach, Florida.
For more information on The White Law Group, please visit our website at https://www.whitesecuritieslaw.com.