Stoltmann Law Offices is investigating Darrin B. Farrow, who recently entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). Allegedly, between 2012 and 2015, while registered with Royal Alliance, Farrow participated in two undisclosed outside business activities. He also participated in six undisclosed private securities transactions with firm customers involving the sale of $1 million of membership interests in one of his outside business activities. Farrow founded MAD Farmaceuticals (MAD Farma) in June 2012. In February 2015, Farrow formed MAD Oregon LLC as a Delaware limited-liability company. It grows cannabis and supplies it to dispensaries throughout Oregon. In early 2015, he solicited six Royal Alliance customers to invest in MAD Oregon. These six investors paid a total of $1 million to purchase membership interests in MAD Oregon. These six paid a total of $1 million to purchase membership interests in MAD Oregon. This is against securities rules and regulations. For this he was suspended for 12 months and fined $25,000.
Farrow was registered with The Equitable Life Assurance Society of the United States, Equico Securities, Vestax Securities Corp, Linsco/Private Ledger Corp, Waterstone Financial Group, Triad Advisors, Royal Alliance Associates and Triad Advisors in Rocky River, Ohio from June 2015 until May 2016. He has one customer dispute against him. He is not licensed within the industry, according to his FINRA BrokerCheck report. Please call our law firm at 312-332-4200 to speak to an attorney about your options of recovering money you may have lost with Farrow. The call is free.
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