FINRA Bars Gary Kieper from the Securities Industry

According to Wassau Daily Herald today, Gary Kieper of Antigo, Wisconsin, is being held on a $500,000 cash bail after being charged with embezzling funds while serving as treasurer for the town of Ackley and Rural Fire Control.

Kieper reportedly faces multiple charges, including theft of more than $10,000 and more than $100,000 in a business setting, five counts of misconduct in public office, and theft of between $10,000 and $100,000.

FINRA Bars Thrivent Broker Gary Kieper after Allegations

According to this FINRA BrokerCheck report, Gary Kieper was affiliated with Thrivent Investment Managment in Antigo, Wisconsin from March 2000 until December 2022. He reportedly has 3 disclosures on his record, including a pending criminal charge and a civil bond.

According to public records, FINRA, has reportedly barred Kieper (CRD # 4147968) from working in the securities industry.

According to a letter of acceptance, on May 21, 2024, Thrivent Investment Management filed a Uniform Termination Notice for Securities Registration (Form U5) terminating Kieper’s registration and stating that Kieper had voluntarily terminated his association with the firm.

On April 19, 2024, Thrivent reportedly filed an amended Form U5 disclosing that Kieper had been charged with felony theft and misconduct in connection with events that occurred while Kieper was associated with Thrivent.

FINRA has reportedly barred Kieper after his alleged refusal to produce requested information and documents in connection with its investigation of his termination from the firm.

Filing a Complaint against your Brokerage Firm

When brokers abuse client accounts and conduct transactions that violate securities laws, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

Class Action vs. Individual FINRA Arbitration Lawsuit

People often wonder whether a large class action lawsuit is a better litigation option for them than an individual FINRA arbitration case. The answer depends on many factors, but typically if the loss sustained is large (say larger than $100,000), an individual arbitration claim is likely a better option. Class actions as a recovery option are more appropriate for grouping large numbers of individuals who have small claims – too small to generally pursue individually.

Free Consultation with a Securities Attorney

If you have suffered investment losses with Gary Kieper and Thrivent Investment Management, the securities attorneys at the White Law Group may be able to help you. For a free consultation with a securities attorney, please call (888) 637-5510.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to helping investors in claims in all 50 states against their financial professional or brokerage firm. Since the firm launched in 2010, it has handled over 700 FINRA arbitration cases.

Our firm represents investors in all types of securities related claims, including claims involving stock fraud, broker misrepresentation, churning, unsuitable investments, selling away, and unauthorized trading, among many others.

With over 30 years of securities law experience, The White Law Group has the expertise to help investors to recover their securities fraud losses.