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Mark Pendergrast Allegedly Omitted Information

Mark Pendergrast (CRD #: 1648139), a broker registered with Cetera Investment Services, was recently involved in an investor dispute, according to his BrokerCheck record, accessed on November 12, 2022. Read on to learn more about his conduct as a broker.

Investor Dispute

On September 1, 2022, an investor alleged that Mark Pendergrast invested funds intended for a savings account and failed to inform the client about the workings of his account. This dispute was denied by the firm.

However, investors should be aware that firms can deny disputes without an external review. Investors can still pursue FINRA arbitration after a denial and may be able to recoup their losses.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of manipulation, deception, and other fraudulent means of influencing the purchase or sale of securities. This includes the misrepresentation or omission of material facts related to investments.

Background Information

Mark Pendergrast has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

Mark Pendergrast is a registered broker in Arkansas, Mississippi, Missouri, Tennessee, and Wisconsin. He is also a registered investment adviser in Tennessee.

He has also worked for the following firms:

  • Stephens (CRD#:3496)
  • Raymond James & Associates (CRD#:705)
  • PaineWebber (CRD#:8174)
  • A. G. Edwards & Sons (CRD#:4)

Kurta Law Can Help

If you worked with Mark Pendergrast and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

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