Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Stevens (Stevens), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one regulatory, alleging that Stevens recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on September 25, 2024.
The Securities and Exchange Commission (“Commission”) deems it appropriate that ceaseand-desist proceedings be, and hereby are, instituted against Grays Peak Ventures LLC (“Grays Peak”), Scott B. Stevens (“Stevens”), and Michael Winterhalter (“Winterhalter”) (collectively “Respondents”). In anticipation of the institution of these proceedings, Respondents have submitted Offers of Settlement which the Commission has determined to accept. The commission finds that Respondents were officers, directors, or significant shareholders of Agentix Corp. (“Agentix”). While subject to the reporting requirements above, Respondents failed to file timely, or amend timely, reports of their positions and certain transactions in Agentix securities. As a result, Respondents violated Sections 13(d) and 16(a) and related rules. As a result, Grays Peak and Stevens violated Sections 13(d)(1) and 16(a) of the Exchange Act and Rules 13d-1 and 16a-3 thereunder and Winterhalter violated Sections 13(d)(2) and 16(a) of the Exchange Act and Rules 13d-2 and 16a-3 thereunder.
