Meyer Wilson’s investment fraud lawyers are currently investigating
FINRA’s findings regarding former NYLIFE Securities broker Anthony
Gary Epps (CRD# 1030645). According to FINRA, Epps invested his own money in a private start-up
company called NJH and solicited four NYLIFE customers to do the same,
conduct that violates securities industry regulations.
Without admitting or denying the accusations, Epps accepted and consented
to FINRA’s findings as detailed in the
Letter of Acceptance, Waiver & Consent. According to FINRA, the alleged misconduct took place between June 2010
and June 2013, and the four NYLIFE customers invested a total of $800,000
into NHJ. During this time, Epps was accused by FINRA of facilitating
the customers’ investments by providing information and responding
to questions, participating in meetings between the company’s managers
and the customers, and helping one customer decide how to fund their investment in NHJ.
Securities industry regulations require registered brokers to disclose
and get approval from their managing firm before they participate in securities
transactions that are outside the scope of their employment. FINRA alleged
that Epps did not get approval from NYLIFE before he allegedly invested
his own money in NHJ and solicited four other investors to do the same.
Did you invest with Anthony Gary Epps, formerly of NYLIFE? If you did and
you lost money, we invite you to speak with a securities fraud lawyer
at Meyer Wilson. We can provide you with a
free review of your case so you can learn your legal rights and options.