Wedbush Securities Archives - Marquardt Law Office

Wedbush Securities

Timary Delorme, ex-Wedbush Broker, Barred by the SEC and FINRA Following Fraud Accusations

Adam J. Marquardt April 14, 2018

On March 27, 2018, long-time Wedbush broker, Timary Delorme, was permanently barred from associating with brokerage firms or participating in penny stock sales or offerings. These sanctions were doled out by the Securities Exchange Commission (SEC) and Financial Industry Regulatory Authority, Inc. (FINRA) for her alleged role in an illegal penny stock pump-and-dump scheme. Delorme

Wedbush Securities Fined Once Again for Alleged Misconduct Two Weeks After the SEC Labeled It a Recidivist Broker

Adam J. Marquardt April 13, 2018

On April 11, 2018, Los Angeles based stockbrokerage, Wedbush Securities Inc., once again came under regulatory fire. This time, the Financial Industry Regulatory Authority, Inc. (FINRA) fined Wedbush $40,000 for alleged rule violations. Wedbush already received three regulatory sanctions in 2018 with total penalties of $2,809,000. These penalties add to the more than 70 regulatory

Investment Misconduct Blog