Pending complaints against UBS Financial Services broker and investment advisor Jose Cornide (CRD# 2785918) allege the Coral Gables, Florida-based representative...Read More
Kenny Mezher: San Francisco Financial Advisor Suspended
A disciplinary action taken by the Financial Industry Regulatory Authority against former San Francisco, California broker and investment advisor Kenny Mezher (CRD# 6340715) suspended him over allegations he participated in private securities transactions involving limited partnership investments. A representative of Growth Capital Services, Mezher was suspended for two months and ordered to pay a fine of $5,000.
According to a Letter of Acceptance, Waiver and Consent (No. 2017053887501) dated July 2018, Kenny Mezher was registered with Growth Capital Services when, between January and March 2017, he engaged in four private securities transactions constituting the sale of $179,500 in Crescent Ridge Volatility Fund limited partnership interests to a total of five investors, for which he did not provide his member firm with prior written notice or receive prior approval. He allegedly sold the interests in the fund “at the direction and under the supervision” of the owner of Crescent Ridge Capital Partners, a hedge fund which FINRA notes is “now defunct.” FINRA states that he did not receive selling compensation for his involvement in the LP interest sales. The regulator also concludes that his sales of the interests without providing prior written notice or receiving prior written approval constituted violations of FINRA Rule 3280, which forbids undisclosed private securities transactions, and FINRA Rule 2010, which requires associated persons to observe high standards of commercial honor and just and equitable principles of trade. As a result of the foregoing alleged conduct, he was suspended from association with any FINRA member firm in any capacity. He was also ordered to pay a fine of $5,000.
Kenny Mezher is currently not registered as a broker or investment advisor. His employment history includes Growth Capital Services in San Francisco, California, where he was employed from 2016 through 2017. He currently holds zero state licenses and has passed three securities industry qualification examinations.