FINRA bars Laura Ortega Shean (CRD #2628756, Medford, Oregon)
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As reported in InvestmentNews, three Raymond James entities have agreed to pay over $15 million to resolve an investigation by the SEC. The settlement and SEC order focused on Raymond James’s actions in improperly charging certain clients advisory fees when the...read more
Laura Ortega Shean (CRD #2628756, Medford, Oregon) April 3, 2018 –A Letter of Acceptance, Waiver and Consent (AWC) was issued in which Shean was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Shean consented to the sanction and to the entry of findings that she converted approximately $124,000 in customer funds. The findings stated that Shean made tax payments for her own benefit to the Internal Revenue Service (IRS) by improperly directing the IRS to debit the funds from a customer’s brokerage account. After the misconduct was discovered, the customer was reimbursed in full by having certain of the transfers reversed and by Shean making additional reimbursement. (FINRA Case #2017056236901).
If you or someone you know has lost money investing with Laura Ortega Shean, call the experienced FINRA arbitration attorneys at Epperson & Greenidge, LLP at 877-445-9261 for a free consultation. You may be eligible to recoup your losses. Epperson & Greenidge, LLP accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-445-9261 now to speak to an attorney for free.