Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on November 15, 2018 indicate that former Tennessee-based Securities Service Network broker/adviser Peter Holler was recently sanctioned by FINRA in connection to alleged rule violations and suspended from acting as a broker. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Holler (CRD# 838897).
Peter Holler has spent 40 years in the securities industry and was most recently registered with Securities Service Network in Bristol, Tennessee (2001-2017). Previous registrations include Lincoln Financial Advisors Corporation in Fort Wayne, Indiana (1992-2001); the Lincoln National Life Insurance Company in Fort Wayne, Indiana (1992-2001); Chubb Securities Corporation in Fort Wayne, Indiana (1978-1992); and Western Reserve Financial Services (1977-1978). He has passed four securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 16, 2004; Series 7 (General Securities Representative Examination), which he obtained on December 9, 1997; SIE (Securities Industry Essentials Examination), which he obtained on August 10, 2017); and Series 1 (Registered Representative Examination), which he obtained on June 14, 1977. He is currently not registered with any state or firm.
According to his BrokerCheck report, he was recently sanctioned by FINRA and has received four pending customer complaints.
In October 2018 a customer alleged Peter Holler, while employed at Securities Service Network, recommended and sold unapproved, fraudulent investments in Woodbridge Mortgage Fund promissory notes. The customer is seeking $75,000 in damages in the pending complaint.
In June 2018 a customer alleged Peter Holler, while employed at Securities Service Network, sold fraudulent and unapproved investments in Woodbridge Mortgage Investment Funds 3 and 4. The customer is seeking $125,000 in damages in the pending complaint.
In April 2018 a customer alleged Peter Holler, while employed at Securities Service Network, sold investments in an “alleged fraudulent unregistered security,” Woodbridge Mortgage Investment Fund 4. The customer is seeking $490,000 in damages in the pending complaint.
In May 2018 FINRA sanctioned him in connection to allegations he participated in undisclosed, unapproved private securities transactions in which he solicited investors to purchase “promissory notes in a purported real-estate investment fund” and for which he received $49,790 in commission in connection to $1.39 million in sales. He was issued a fine of $10,000, ordered to pay disgorgement of $49,790, and suspended for two years.
If you or someone you know has lost money investing with Peter Holler, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.