Stoltmann Law Offices is investigating former Cetera Advisors broker Craig Blattner, who was recently fined and suspended by the Financial Industry Regulatory Authority (FINRA). Blattner was fined $5,000 and suspended from the industry for 15 business days. FINRA found that the value of a joint account of two clients served by Blattner allegedly declined by $75,000. One of his clients complained to him via email about his management of their account and the losses they suffered. Blattner did not disclose the client’s complaint to the firm, and it was never reported on his Form U4. Instead, Blattner wrote the client a $15,000 check from his personal checking account, which is against securities laws.
Previously, Craig Blattner was registered with The Stuart-James Company, National Securities Corp, First Montauk Securities Corp, Gunnallen Financial, Investors Captial Corp in Longwood, Florida from May 2006 until October 2016, and Cetera Advisors in Longwood, from September 2016 until February 2018. He has three customer disputes against him, and one regulatory matter. He is not currently registered as a broker within the industry, according to his online, FINRA BrokerCheck report.
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