Written by The White Law Group• October 8, 2019• 6:47 pm• Broker Investigations

Randolph Eddelmon Barred by FINRA – Broker Investigation

Randolph Eddelmon Broker Investigation, featured by top securities fraud attorneys, The White Law Group

Financial Advisor Randolph Eddelmon, Geneos Wealth Management in Scottsdale, AZ

Are you concerned about investments with Randolph Eddelmon (Randy Eddlemon) in Scottsdale, AZ? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim.

According to public disclosures on FINRA’s website, the regulator has barred Randolph Eddlemon as of March 22, 2018, after he reportedly failed to request termination of his suspension within three months of the date of the Notice of Suspension.

According to his FINRA BrokerCheck report, Eddlemon was reportedly affiliated with Geneos Wealth Management in Scottsdale, AZ from 2005 until 2017 when he was allegedly discharged for “Inappropriate and unauthorized use of client information.”

Eddlemon’s broker record indicates 3 customer complaints have purportedly been filed against him since 2017. Allegations include unsuitable investments with regards to variable annuities, among others.

Investigating Potential Lawsuits

The White Law Group is investigating potential lawsuits regarding the liability that Eddlemon’s employers may have for failure to properly supervise him.

When brokers violate securities laws, such as making unsuitable investments, 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.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee. We represent investors in FINRA arbitration claims in all 50 states, including Arizona. Our attorneys have recovered millions of dollars from many brokerage firms in the past.