Securities Lawyers Blog
The law offices of Gana Weinstein LLP are currently investigating claims that Broker John Mcarthur (Mcarthur) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Mcarthur was employed by Saxony Securities, INC. at the time of the activity. If you have been a victim of Mcarthur’s alleged misconduct our firm may be able to assist you in recovering funds.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,000,000.00 on April 21, 2026.
The claimant alleges that, beginning in or around November 2016 and continuing for several years thereafter, the representative, through his Registered Investment Adviser, recommended private securities that were unsuitable and misrepresented certain aspects of those recommendations.