Donald Teboe, formerly with Cantella & Co., Barred from Securities Industry

Have you lost money with financial advisor Donald Teboe from Clinton, Michigan? We are looking into allegations made by FINRA (the Financial Industry Regulatory Authority) against Donald E. Teboe. FINRA barred Teboe from the securities industry after he failed to respond to an investigation. Teboe was being investigated regarding allegations that he engaged in unsuitable trading while registered with Cantella & Co. and Questar Capital Corp.

Donald Teboe was a registered representative and financial advisor with Cantella & Co. from July 2014 to February 2018. He also was affiliated with Questar Capital Corp. from April 2013 to July 2014. He worked out of a branch office in Clinton, Michigan. A customer previously complained about Teboe’s conduct with respect to the purchase of high risk stocks.

Broker-dealers like Cantella & Co. have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives. Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations. When broker-dealers fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Ann Arbor, Michigan; and Seattle, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Michigan and throughout the Detroit area. Attorney Aaron Israels is licensed to practice law in Michigan, he grew up in Holland, Michigan and also lived for many years in the Detroit area. We have also represented a number of victims who have been wronged by Michigan brokers, including Christopher Tolmacs. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

Click to view: Teboe, Donald FINRA AWC

Click to view: Teboe, Donald BrokerCheck 9.17.19