According to a FINRA Disciplinary Action disclosure, Jason O’Neal Lampier (CRD #5343593, Murphy, Texas) recently submitted an Offer of Settlement in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the allegations, Lampier consented to the sanction and to the entry of findings that he knowingly, willfully or recklessly made fraudulent misrepresentations of material facts in connection with the sale of 1/10 of one unit of an entity’s oil and gas limited partnership to a customer. The findings stated that Lampier misrepresented the minimum investment amount, the potential investment returns, and the type of oil and gas well acquired by the partnership. In reliance upon Lampier’s material misrepresentations, the customer purchased 1/10 of a unit in the offering for $28,000. As a result of the conduct, Lampier willfully violated Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder.
For the full details of FINRA’s investigation, see FINRA Case #2011030498301.
According to his FINRA Broker Report, Mr. Lampier was employed by Texas Securities from April 2012 through July 2013, Wall and Company Securities from February 2011 through May 2012, Guardian Direct Energy Programs from July 2010 through July 2010, and M&W Financial from August 2007 through July 2010.
The foregoing information, which is publicly available on FINRA’s website, is being provided by The White Law Group. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For a free consultation with a securities attorney, please call The White Law Group at 312/238-9650. For more information on the firm, visit https://whitesecuritieslaw.com.Tags: James O’Neal Lampier financial advisor, James O’Neal Lampier FINRA, James O’Neal Lampier Guardian Direct Energy Programs, James O’Neal Lampier Texas Securities, James O’Neal Lampier Wall and Company Last modified: July 17, 2015