Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on August 21 2017 indicate that former South Carolina-based Sandlapper Securities broker/adviser Theodore Franse has received a pending customer dispute and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Franse (CRD# 1418012).
Theodore Franse has spent 31 years in the securities industry and has been registered with Sandlapper Securities in Greenville, South Carolina since April 2017. Previous registrations include Independent Financial Group in Fair Oaks, California; First Allied Securities in Fair Oaks, California; AIG Financial Advisors in Fair Oaks, California; SunAmerica Securities in Phoenix, Arizona; and Pruco Securities in Newark, New Jersey. He has passed seven securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination); Series 63 (Uniform Securities Agent State Law Examination); Series 7 (General Securities Representative Examination); Series 6 (Investment Company Products/Variable Contracts Representative Examination); Series 51 (Municipal Fund Securities Principal Examination); Series 24 (General Securities Principal Examination); and Series 26 (Investment Company Products/Variable Contracts Principal Examination). He is currently not registered with any state or firm.
According to his BrokerCheck report, he was terminated from his former employer and has received one pending customer complaint.
In June 2017 a customer alleged Theodore Franse, while employed at Independent Financial Group, failed in his supervisory duties, breached his fiduciary duty, and participated in unauthorized trading. The customer is seeking $10,000 in damages in the pending complaint.
In April 2017 Theodore Franse was discharged from Independent Financial Group following allegations he violated firm policy concerning the reuse and administration of customer documents.
If you or someone you know has complaints regarding Theodore Franse, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on a contingency basis: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.