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Tara Pease Facing Allegations of Fraud, Conversion, and Negligence

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
September 22, 2023 at 4:14pm

Tara Pease (CRD #: 2470870), a broker registered with Stifel Independent Advisors, is the subject of an investor dispute, according to her BrokerCheck record, accessed on September 22, 2023. If you have concerns about her alleged conduct as a broker, keep reading. 

On July 18, 2023, investors alleged that Tara Pease violated multiple FINRA rules as well as securities laws. The investor alleged that Tara Pease breached her contract and engaged in negligence. They further alleged conversion (also known as misappropriation), fraud, aiding and abetting, and the loss of investment opportunity. 

Negligence

Many types of broker misconduct may qualify as negligence. Typical examples include unsuitable investment recommendations, misrepresentations or omissions of material fact, and failure to follow instructions.

FINRA Rule 2150

FINRA Rule 2150 forbids brokers from misusing investors’ funds. Conversion would violate this rule. 

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Fraud, aiding and abetting, and violating a contract would naturally violate this rule. 

Background Information 

Tara Pease has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 

She is a registered broker in Mississippi. 

Tara Pease has registered with the following firms: 

  • Stifel Independent Advisors (CRD #: 28218) 
  • Stifel, Nicolaus & Company (CRD #: 793) 

Kurta Law Can Help

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

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