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Leslie Koonce Has Received Several Regulatory Sanctions

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Leslie Koonce

Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 27, 2018 indicate that former California-based EK Riley Investments broker/adviser Leslie Koonce has been sanctioned by FINRA and barred from acting as a broker or otherwise associating with a broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Koonce (CRD3 1131758)

Leslie Koonce has spent 32 years in the securities industry and was most recently registered with EK Riley Investments in Menlo Park, California (2015-2017). Previous registrations include Cetera Advisor Networks in Menlo Park, California (2015); LPL Financial in Menlo Park, California (2009-2015); Associated Securities Corporation in Menlo Park, California (2004-2009); Main Street Management Company in Boston, Massachusetts (1999-2004); and Hornor Townsend & Kent in Horsham, Pennsylvania (1984-1998). He has passed four securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on August 31, 2006; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 6, 1985; Series 7 (General Securities Representative Examination), which he obtained on May 19, 1984; and Series 24 (General Securities Principal Examination), which he obtained on June 8, 2005. He is currently not registered with any state or firm.

According to his BrokerCheck report, Leslie Koonce has received several regulatory sanctions and was terminated from two former employers in connection to alleged rule violations.

In December 2017 FINRA sanctioned Leslie Koonce following allegations he participated in private securities transactions without giving prior written notice to his member firm. He was consequently barred from acting as a broker or otherwise associating with a broker-dealer firm.

In December 2016 he was sanctioned by the State of Massachusetts in connection to allegations he was the subject of prior disclosable incidents, including allegations that he signed a customer’s name to forms and participated in private securities transactions. He was placed under conditional registration.

In 2015 Leslie Koonce was discharged from his position at LPL Financial following allegations he participated in private securities transactions without the firm’s approval.

In 1999 the National Association of Securities Dealers sanctioned him following allegations he signed a customer’s name to forms which he then submitted He was issued a 60-day suspension and a fine of $5,000.

In 1998 he was terminated from his position at Hornor Townsend & Kent in connection to allegations he signed forms without the clients’ knowledge.

If you or someone you know has a complaint regarding Leslie Koonce, call the attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.