According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), Jeffrey Scheibner exchanged 303 mutual fund positions into corresponding money markets funds on behalf of 27 customers over 36 accounts. He allegedly did this without the prior authorization of the customers, and he did not have written discretionary authority over their accounts. This is against securities rules and regulations. For this, he was suspended for three months and fined $5,000, according to his AWC. He was previously registered with Lincoln Financial Securities in Ladera Ranch, California from October 1994 until August 2012, Capital Synergy Partners in Ladera Ranch from August 2012 until September 2014 and Accelerated Capital Group in Irvine, California from September 2014 until August 2016. He is currently registered with Capital Synergy Partners in Newport Beach, California. He has two criminal dispositions against him. Please call our securities law offices in Chicago, Illinois today to find out how to bring a claim against Capital Synergy Partners if you suffered losses with Jeffrey Scheibner. The call is free with no obligation. We take cases on a contingency fee basis so we only make money if you recover your losses.
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