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!