According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), John Kostic allegedly participated in private securities transactions totaling $492,000 without providing prior written notice to, or obtaining written permission from his member firm, F500 Advisory Services. Allegedly, from December 2012 through October 2013, Kostic participated in approximately 11 private securities transactions. For this, he was suspended for seven months, and fined $10,000. This is against securities laws. Please call us today to find out how you may be able to sue F500 in the FINRA arbitration forum on a contingency fee basis. The call to us is free with no obligation. Please call today, as there is a statute of limitations on most cases.
According to FINRA, Kostic was registered with PML Securities, Cigna Financial Advisors, FSC Securities Corp, Wells Fargo, Royal Alliance Associates, JP Turner & Co., National Securities Corp, Richfield Orion International, and Finance 500 in Irvine, California from March 2013 until June 2015. He has three customer disputes against him. He is currently not registered within the industry.
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