April 2011 FINRA Account Executive Enforcement Action:

Jeryl Wayne Clegg (CRD #2542818, Registered Representative, Powder Springs, Georgia, formerly licensed with Midsouth Capital, Inc.) submitted an Offer of Settlement in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the allegations, Clegg consented to the described sanction and to the entry of findings that he caused a withdrawal of approximately $7,000 from customers’ variable annuity accounts and converted the funds, which were in the form of checks, by depositing the funds into his business account and using the funds for his own benefit without the customers’ knowledge and consent. The findings stated that Clegg failed to respond to FINRA requests for information. (FINRA Case #2010022209101).

Contact Us

With extensive courtroom, arbitration and mediation experience and an in-depth understanding of securities law, our firm provides all of our clients with the personal service they deserve. Handling cases worth $25,000 or more, we represent clients throughout Florida and across the United States, as well as for foreign individuals that invested in U.S. banks or brokerage firms. Contact us to arrange your free initial consultation.

Russell L. Forkey, P.A.

1075 Broken Sound Parkway NW, Suite 103
Boca Raton, FL 33487

Phone: 561-406-4644
Tollfree: 888-671-0962
Fax: 561-406-4633

Get Answers In A Free Consultation - Get Started Today, Call 561-406-4644 or 888-671-0962