Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on December 28, 2018 indicate that Illinois-based Lifemark Securities Corporation broker/adviser Stephen Carver was recently named in a pending customer complaint and a FINRA investigation into alleged rule violations. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Carver (CRD# 2230161).
Stephen Carver has spent 26 years in the securities industry and has been registered with Lifemark Securities Corporation in Peoria, Illinois since 2017. Previous registrations include Cetera Advisors in Peoria, Illinois (2010-2017); Brewer Financial Services in Peoria, Illinois (2009-2010); LPL Financial Corporation in Peoria, Illinois (2002-2009); Robert W. Baird & Company in Milwaukee, Wisconsin (2000-2002); Natcity Investments in Cleveland, Ohio (1998-2000); Natcity Insurance Services in Cleveland, Ohio (1995-2000); and Dean Witter Reynolds in Purchase, New York (1992-199). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on May 12, 2000; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 2, 1992; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on May 26, 1992; Series 4 (Registered Options Principal Examination), which he obtained on February 25, 2000; and Series 24 (General Securities Principal Examination), which he obtained on October 12, 1998. He is a registered broker and investment adviser with three US states: Illinois, Indiana, and North Carolina.
According to his BrokerCheck report, he has received a pending customer complaint, was recently named in a pending FINRA investigation, and was recently discharged from a former employer in connection to alleged rule violations.
In October 2018 a customer alleged Stephen Carver, while employed at Cetera Advisors, committed elder abuse. The customer is seeking $9,300,000 in damages in the pending complaint.
In July 2018 he was named respondent in a FINRA investigation into allegations he violated FINRA rules when he willfully failed to disclose three federal tax liens. The investigation remains pending.
In 2017 he was terminated from his position at Cetera Advisors in connection to allegations he failed to disclose gifts from a client.
In 2009 he was “permitted to resign” from his position at LPL Financial in connection to allegations he was involved in an outside business activity without the firm’s prior written approval. His “broker comment” on the disclosure states that he was not involved in the alleged outside business activity.
If you or someone you know has lost money investing with Stephen Carver, 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 by law, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.