FINRA suspends Craig Dean Blattner (CRD #1590301, Longwood, Florida)
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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
March 20, 2018 – A Letter of Acceptance, Waiver and Consent (AWC) was issued in which Blattner was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for 15 business days. Without admitting or denying the findings, Blattner consented to the sanctions and to the entry of findings that he settled a customer complaint away from his member firm. The findings stated that the value of a joint account of two customers served by Blattner declined by approximately $75,000. One of these customers complained, orally and in writing by email, to Blattner about his management of their account and the losses they had suffered. Blattner did not disclose the customer’s complaint to the firm, and that complaint was never reported on his Form U4. Instead, Blattner wrote the customers a $15,000 check from his personal checking account. Blattner told the customers that the purpose of the check was to generate trading profits to recoup the losses they had suffered in the joint account. The suspension was in effect from April 2, 2018, through April 20, 2018. (FINRA Case #2017053438501). If you or someone you know has lost money investing with Craig Blattner, call the experienced attorneys at Epperson & Greenidge at 877-445-9261 for a free consultation. You may be eligible to recoup your losses. Epperson & Greenidge 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.