Securities Lawyers Blog
According to BrokerCheck records financial advisor Alan Siegel (Siegel), currently employed by G.A. Repple & Company (GA Repple) has been subject to four customer complaints, one regulatory complaint, and one criminal matter. According to records kept by The Financial Industry Regulatory Authority (FINRA), in July 2018 Siegel was subject to a regulatory complaint by the Massachusetts Securities Division alleging that Siegel published false information on his website and failed to update this information for at least seven years. Siegel drew a $10,000 fine and agreed to submit to heightened supervision.
In July 2018 a customer filed complaint alleging unsuitability, over concentration, and material omissions with respect to a bond purchase and a limited partnership investment in 2007 and a 2015 variable annuity transaction that was not suitable. The claim is currently pending.