All Ohio investors should be aware of new enforcement actions and division
orders issued by the Ohio Division of Securities in January.
As of January 2015, the Ohio Division of Securities has new enforcement
actions all investors should be made aware of.
Gregory Lunar Merrick
On January 2, Gregory Merrick (CRD# 2933448) was issued an order to cease
and desist. His investment adviser and investment adviser representative
licenses were also revoked.
Eric T. House
On January 27, Eric T. House (CRD# 1984306) was issued a Notice of Opportunity
for Hearing as well as a Notice of Intent to Issue a Cease and Desist Order.
On January 14, Janet Combs was sentenced to five years' community control
after pleading no contest to one count of receiving stolen property (Case
#B1304 320, Hamilton County Court of Common Pleas). Combs pastors The
Ark by the River Fellowship Ministry located in Cincinnati, Ohio.
Combs was being investigated for her role as a co-conspirator in a case
involving former Representative Peter Beck and John Fussner. Beck and
Fussner faced accusations that they stole millions of investor dollars
by funneling the funds into various accounts – one of those accounts
belonging to Combs.
Before you invest, we recommend asking the following questions:
- Is this firm/individual licensed to sell securities in Ohio?
- Does this firm/individual have any enforcement actions in their history?
- Is the security in question registered with the Ohio Division of Securities?
Since 1999, Meyer Wilson's securities fraud lawyers have helped countless
investors recover their losses. If you lost money and you believe it was
caused by investment fraud or misconduct, we invite you to contact our
firm for a
free case review.