Allegations Regarding Firing Randall Larson

Subsequent to this firing, Randy Larson has also been the subject of a civil complaint by the Securities and Exchange Commission regarding his involvement with Zona Energy.  In particular, the SEC alleges that he solicited multiple customers to purchase Zona Energy stock without receiving Arete’s approval, a practice that is prohibited which is called “selling away”.

Background on Randall Larson

Randall Larson was licensed with Arete Wealth Management from August 2017 to October 2023 at a St. Louis, Missouri office.  He was also licensed with Great Point Capital, and has also been the subject of two other customer complaints.    

Is Arete Wealth Management Liable for Larson’s Conduct?

FINRA Rule 3110 states that securities broker-dealers like Arete Wealth Management must adequately monitor the activity of its advisors.  Arete Wealth Management could be responsible for investor losses if it failed to reasonably supervise him.

We Help Investors in Missouri

We represent investors throughout the United States including Missouri, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud.  If you were a client of Randall Larson and believe your financial advisor acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Larson’s BrokerCheck Report

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about recovering the money you deserve.

We take cases on a contingency fee basis meaning you owe us nothing unless we successfully recover money for you!

Dustin Ward was with OneAmerica Securities from 2003 to March 2017. He has been with Woodbury Financial from March 2019 to the present. He has worked at branch offices in St. Louis, Missouri.

Brokerage firms like OneAmerica Securities have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Missouri. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

View D. Ward BrokerCheck Report

If you lost money with Dustin Ward, OneAmerica Securities, or real estate investment trusts (REITs), contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.

CHESTERFIELD, MISSOURI – Have you lost money with financial advisor Scott Niekamp, of Northwestern Mutual in Chesterfield, Missouri? We are looking into allegations made against Scott Niekamp, who has been the subject of four (4) customer complaints, all made since 2018. Some of the complaints allege that Niekamp solicited investors to invest in a private equity security and failed to disclose material facts, including that Niekamp was also a shareholder.

Scott Niekamp has been a registered representative of Northwestern Mutual from 2000 to the present. He has worked at branch offices in Chesterfield, Missouri. Niekamp was also suspended by FINRA for three months in 2021.

Brokerage firms like Northwestern Mutual have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Missouri. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

View BrokerCheck: Niekamp, S. BrokerCheck 6.22.21

If you lost money with Scott Niekamp or Northwestern Mutual, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.

Jeffrey Larson was a registered representative of Arete Wealth Management from August 2017 to the present. He has worked at branch offices in St. Louis, Missouri.

Brokerage firms like Arete Wealth Management have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Missouri. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

Click to view BrokerCheck: Larson, j BrokerCheck 6.10.21

If you lost money with Jeffrey Larson or Arete Wealth Management, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.