Dennis Mehringer Jr. refused to appear for testimony as requested by FINRA when it began an investigation into possible misconduct.
The Sonn Law Group is investigating allegations that Dennis Mehringer Jr. made unsuitable recommendations. Under FINRA Rules, brokerage firms are liable for their brokers’ misconduct or negligence and investors may be able to their investment through FINRA arbitration. Contact Sonn Law Group today or call us at 866–827–3202 for a free consultation.
Dennis Albert Mehringer Jr. (CRD#:722569) was barred by FINRA after refusing to submit documents to FINRA in order to further their investigation into possible unsuitable trading and other misconduct. Mehringer was employed by Western International from 2009 until 2018.
According to FINRA’s findings, they began investigating whether Mehringer had engaged in unsuitable trading and other misconduct during the period from January 2017 through May 2018, in contravention of certain securities rules and regulations.
On September 9, 2019, FINRA sent a request to Mehringer for on-the-record testimony, which he refused to appear for through his attorney.
According to his BrokerCheck report, Mehringer was subject to two customer disputes in 2017. The first was based on allegations of unsuitable recommendations and was settled for $45,000. The second was based on a customer’s unhappiness with the performance of a fixed income investment. That dispute was settled for $62,250.
Mehringer is also the subject of two pending customer disputes. The first was filed in November 2018, and alleges unsuitability and breach of fiduciary duty. The claimant is seeking $1,761,558 in damages. The second suit was filed in May 2019. The claimant alleges unsuitability, misrepresentation/fraud, unauthorized trading, and breach of fiduciary duty. The claimant is seeking $433,079.
Prior to his employment with Western International, Mehringer was employed by First Allied Securities, Inc. from 2004 until 2009.
Jeffrey R. Sonn is an experienced investor losses attorney. If you suffered losses because a financial professional committed acts in violation of FINRA Rules, Mr. Sonn will protect your rights and interests. Please do not hesitate to contact the Sonn Law Group today for a free review of your claim.