Advisor Alert: Our Attorneys Are Investigating Eugene Donald Anderson For Investment Fraud
Did You Lose Money Because of Eugene Anderson?
Filed: November 2, 2023
Gene Anderson has been the subject of two (2) regulatory events, one (1) termination event, and one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Eugene Donald Anderson.
Who Is Eugene Donald Anderson?
- Advisor Name: Eugene Donald Anderson
- Aliases: Gene Anderson
- CRD: 1127707
- Location: Apache Junction, Arizona
- Current Employer: No Longer Allowed to Practice in the Securities Industry
- Previous Firms: United Planners’ Financial Services of America A Limited Partner and J.P. Turner & Company, L.L.C.
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events:2
- Number of Known Termination Events: 1
- Can Eugene Anderson Be Sued: Yes, in Private Arbitration
- Can Eugene Anderson’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $12,000
- Highest Settlement: Unknown
If you have suffered investment losses by Eugene Anderson, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Gene Anderson For Broker Misconduct
As of this publication date, Eugene Anderson has been the subject of 2 regulatory events, 1 termination event, and 1 customer dispute. Let’s review them below.
In September 2017, Arizona Corporation Commission Securities Division initiated a regulatory action against or in reference to Eugene Anderson. When employed in association with Thrivent and United Planners, Anderson obtained loans from several clients, some of which have not been repaid. In February 2017, Anderson entered into a Letter of Acceptance, Waiver, and Consent with FINRA, pursuant to which he was barred from association with any FINRA member. The FINRA Consent and underlying conduct are grounds for revocation, restitution, and penalties.
In February 2017, FINRA initiated a regulatory action against or in reference to Eugene Anderson. Without admitting or denying the findings, Anderson consented to the sanction and to the entry of findings that he converted customer funds by soliciting $15,000 from two of his brokerage customers for his personal use. The findings stated that Anderson kept the funds and did not repay the customers. Anderson acted in bad faith by accepting the funds without the means or intent to repay the customers.
In September 2016, United Planners’ Financial Services terminated Eugene Anderson for a receipt of a client loan
In October 2008, a complaint was filed against or in reference to Eugene Anderson by a customer of United Planners’ Financial Services regarding an Annuity Variable. Per the customer, he/she lost over $12,000 because of Mr. Anderson’s actions.
How To File A Claim Against Gene Anderson (previously with United Planners’ Financial Services of America A Limited Partner and J.P. Turner & Company, L.L.C.) To Get Your Money Back.
If you have questions about Eugene Anderson, United Planners’ Financial Services of America A Limited Partner, J.P. Turner & Company, L.L.C., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.