Steven John Argo, Registered Representative, Lockport, New York

FINRA Fraud and Mismanagement Arbitration Attorney, Russell L. Forkey, Esq.

May, 2011

Steven John Argo (CRD #4418605, Registered Representative, Lockport, New York, formerly licensed with Thrivent Investment Management, Inc.) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Argo consented to the described sanction and to the entry of findings that he converted $72,800 of customer funds by improperly obtaining checks from the customers purportedly to be used for the purchase of a customer’s universal life insurance policies, for customers’ unspecified investments and for adding to a customer’s variable annuity. The findings stated that Argo deposited the customers’ checks into his own personal bank account and converted the customers’ funds for his own use. (FINRA Case #2010025731101).

Contact Us

With extensive courtroom, arbitration and mediation experience and an in-depth understanding of securities law, our firm provides all of our clients with the personal service they deserve. Handling cases worth $25,000 or more, we represent clients throughout Florida and across the United States, as well as for foreign individuals that invested in U.S. banks or brokerage firms. Contact us to arrange your free initial consultation.