Timothy Beall, a broker who was suspended by the Financial Industry Regulatory Authority (FINRA) for nine months and fined $10,000, has allegedly violated securities laws and internal firm rules. He allegedly engaged in undisclosed private securities transactions without permission from his brokerage firm. FINRA alleged that he solicited two customers to invest $500,000 in promissory notes issued by a greenhouse building and leasing company in Colorado. Brokerage firms like National Planning Corp have a duty to reasonably oversee its employees to ensure that they do not violate firm rules. If they do not fulfill this duty, they can be sued in the FINRA arbitration forum on a contingency fee basis in order for investors to recover their losses. We only make money if you recover. Attorneys are standing by to take your call for free. We are based in Chicago, Illinois. National Planning Corp brokers like Timothy Beall and Christopher P. Jordan have violated FINRA rules by selling illiquid and highly risky investments that are not suitable for investors.
Timothy John Beall was previously registered with National Planning Corp in Eau Claire, Michigan from July 2008 until April 2016. He has one regulatory matter against him and one judgment/lien. He is not currently registered as a broker, according to his FINRA BrokerCheck report online.
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