South Florida Arbitration & Litigation Lawyer Blog
Stock Broker Fraud, Misrepresentation and Misconduct FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq.
January, 2012:
Dennis Flanagan Jr. (CRD #4199469, Registered Principal, Miami, Florida) submitted an Offer of Settlement in which he was fined $25,000 and suspended from association with any FINRA member in any capacity for two years. The fine must be paid either immediately upon Flanagan’s reassociation with a FINRA member firm following his suspension, or prior to the filing of any application or request for relief from any statutory disqualification, whichever is earlier. Without admitting or denying the allegations, Flanagan consented to the described sanctions and to the entry of findings that he willfully failed to timely disclose material information on his Form U4. The findings stated that Flanagan failed to respond to FINRA requests for documents and information.
The suspension is in effect from December 5, 2011, through December 4, 2013. (FINRA Case #2008011666201).