Meyer Wilson

Ohio Division of Securities Releases New Division Orders and Enforcement Actions

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.

Janet Combs

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.


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