Jeffrey Delone Entered Into An AWC With FINRA: What Investors Can Do

Stoltmann Law Offices is investigating Jeffrey Delone, a former registered representative with FSC Securities Corporation. According to his Financial Industry Regulatory Authority (FINRA) Letter of Acceptance, Waiver and Consent (AWC), Mr. Delone allegedly participated in private securities transactions without notifying or obtaining approval from FSC, which is in violation of FINRA rules and securities laws. A private securities transaction is defined as “any securities transaction outside the regular course or scope of an associated person’s employment with a member.” For this, he was fined $10,000 and suspended for six months. According to his online FINRA public BrokerCheck report, Jeffrey Delone was previously registered with Cigna Securities in Radnor, Pennsylvania from February 1988 until March 1992, Mony Securities Corp in New York, New York from March 1992 until March 2005, Park Avenue Securities in Blue Bell, Pennsylvania from April 2005 until June 2007 and FSC Securities in Malvern, Pennsylvania from May 2007 until February 2017. He has one criminal final disposition against him. He is currently not registered within the industry.
If you or someone you know has suffered losses with Mr. Delone, you may be entitled to recover your losses in the FINRA arbitration forum on a contingency fee basis. Please call our Chicago-based law firm today at 312-332-4200 to speak to one of our attorneys for free. There is no obligation with the call. We only make money if you recover yours. There is a statute of limitations on most cases, so please call as soon as possible.