Securities Fraud Blog
FINRA has reported on the Brokercheck report for former advisor Shane Wilhelm that he has been permanently barred from registration with a FINRA Broker-Dealer. The Report states that Mr. Wilhelm was previously registered with Fortune Financial Services and Truist Investment Services, and that he previously had offices in Roanoke, Virginia, Moneta, Virginia, and Lynchburg, Virginia.
FINRA states “Pursuant to FINRA Rule 9552(h) and in accordance with FINRA’s Notice of Suspension and Suspension from Association letters dated June 2, 2023, and June 26, 2023, respectively, on September 5, 2023, Wilhelm is barred from association with any FINRA member firm in all capacities. Wilhelm failed to request termination of his suspension within three months of the date of the Notice of Suspension; therefore he is automatically barred from association with any FINRA member in all capacities.”
The Virginia-based securities fraud lawyers at Greco & Greco have been representing wronged customers of financial advisors for decades, including many clients from southwest Virginia including Roanoke. We have extensive experience for cases of securities fraud, breach of fiduciary duty, churning, broker theft, false statements, unsuitable recommendations, and unauthorized trading. If you believe you may have been victimized by your investment advisor, please contact Scott Greco for a free attorney consultation.