Peter Voldness Busted By FINRA For Unsuitable Investments and Other Violations

Stoltmann Law Offices is interested in hearing from the victims of Peter Voldness, a former broker with Emergent Financial Group, based out of Bloomington, Minnesota. Voldness has received three regulatory sanctions from the Financial Industry Regulatory Authority (FINRA). Allegedly, Voldness was connected to the recommendation and undue concentration of unsuitable investments in securities issued by Cryoport. He also allegedly failed to disclose a financial conflict of interest to his firm. It was also alleged that Voldness recommended unsuitable securities and gave false and misleading information while employed at Emergent. These are all against securities rules and regulations. A brokerage firm must reasonably supervise its employees, and not allow them to violate securities laws. If it does, it may be liable for losses on a contingency fee basis. The attorneys of Stoltmann Law Offices are standing by, waiting to take your call, so please call today as the call is free with no obligation. We may be able to take your case and bring a claim against Emergent in the FINRA arbitration forum.
Voldness was registered with Alstead, Strangis and Dempsey, Pagel Inc., Engler and Budd Company, Summit Investment Corp., Oberweis Securities, Westonka Investments, RJ Steichen & Co., Robert W. Baird and Emergent Financial Group in Bloomington, Minnesota from March 2000 until April 2017. He has two customer disputes against him, and one pending customer dispute. He is currently not registered within the industry, according to public records.