Allegation type: Employment Separation After Allegations
Allegation status:
The allegations read: Financial advisor was terminated after an internal investigation was conducted following the receipt of a client complaint alleging misappropriated funds. The firm concluded the financial advisor violated firm policies relating to outside business activities as well as violated firm policies and industry regulations as they relate to selling away. The firm lost confidence in the financial advisor's ability to perform his duties when he failed to cooperate during an internal investigation.
