FINRA suspends Donald Charles Leary Jr. (CRD #4822972, Redondo Beach, California)
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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 13, 2018 – A Letter of Acceptance, Waiver and Consent (AWC) was issued in which Leary was assessed a deferred fine of $7,500 and suspended from association with any FINRA member in all capacities for two months. Without admitting or denying the findings, Leary consented to the sanctions and to the entry of findings that he engaged in an unapproved outside business activity and provided inaccurate information on firm documents concerning that outside activity. The findings stated Leary entered into a consulting arrangement with a research company focused on the gaming industry and accepted monthly compensation for his work, but did not disclose this arrangement to his member firm. The findings also stated that Leary provided inaccurate responses on firm compliance forms concerning his participation in outside business activities. The suspension is in effect from March 19, 2018, through May 18, 2018. (FINRA Case #2016051759301). If you or someone you know has lost money investing with Donald Leary, 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.