Investigation: Kevin Wanner (Bismarck, ND) of Questar Capital Corporation

The Sonn Law Group is investigating claims related to broker Kevin Wanner (FINRA CRD#: 1402627), formerly of Questar Capital Corporation and based in Bismarck, North Dakota. On January 11_th, 2016 Kevin Wanner was permanently barred by FINRA for fraud and misrepresentation, among other violations.

If you’ve worked with former broker Kevin Wanner, and have suffered significant losses because of his violations, Sonn Law Group is interested in speaking with you immediately. Call our law firm now at 305.912.3000 or fill out our short contact form to speak with a legal representative from our firm about your experience with Kevin Wanner.

Here are the complete details of FINRA’s disciplinary actions against Kevin Wanner on its website:

Initiated By – FINRA

Allegations

Without admitting or denying the findings, Wanner consented to the sanction and to the entry of findings that he failed to provide documents, information, and to appear for testimony in response to request letters issued by FINRA after FINRA began an investigation into the events leading up to Wanner’s termination from his member firm including, among other things, whether he misappropriated customer funds.

The findings stated that in its Form U5 filed with FINRA, the firm stated that Wanner had been discharged after the North Dakota Securities Department issued a cease and desist order alleging that Wanner “offered for sale and sold to a North Dakota resident a ‘time certificate of deposit’ purporting to represent an investment in an FDIC insured interest bearing account” and “misrepresented to the investors that their funds would be deposited with the FDIC member financial institutions represented and instead deposited their funds into accounts owned and controlled by him for his own purpose.”

Resolution
Acceptance, Waiver & Consent (AWC)

Sanctions
Bar (Permanent)