Recently, Gregg Templeton, a former advisor with Oppenheimer, was barred from the industry by the Financial Industry Regulatory Authority (FINRA). Mr. Templeton was barred after he failed to respond to an investigation against him. He allegedly misused customer funds and committed other violations between July 2010 and July 2015. Firms such as Oppenheimer have a responsibility to adequately supervise all representatives who are registered through their firm. The firms also must take steps to ensure that their financial advisors follow all securities rules and regulations as well as internal firm policies. When the firm fails to do so, it may become liable for investment losses sustained by customers.
Templeton was previously registered with Royce Investment Group, Gruntal & Co., State Capital Markets Corp, First Metropolitan Securities, GKN Securities Corp, Morgan Stanley, Oppenheimer & Co. in New York, New York from January 2007 until August 2015, FSC Securities Corp and Aegis Capital Corp. He has seven customer disputes against him, one of which is currently pending. Please call our Chicago-based law firm today at 312-332-4200 to find out how you may be able to bring a claim against Oppenheimer in the FINRA arbitration forum on a contingency fee basis. The call to us is free with no obligation so please do not delay as there is a statute of limitations on most cases.
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