Cynthia S. Beyerlein (CRD #4320421, Narvon, Pennsylvania)

April 8, 2024 – An AWC was issued in which Beyerlein was suspended from association with any FINRA member in all capacities for eight months. In light of Beyerlein’s financial status, no monetary sanction has been imposed. Without admitting or denying the findings, Beyerlein consented to the sanction and to the entry of findings that she borrowed approximately $190,000 through multiple loans from a customer of her member firm without providing prior written notice to, or obtaining written approval from, the firm. The findings stated that none of the loans met any of the conditions set forth in the firm’s WSPs or complied with any of the conditions set forth in FINRA Rule 3240. The customer was not an immediate family member of Beyerlein or in the business of lending money and Beyerlein did not discuss payment terms for the loans or memorialize the loans in writing. Beyerlein used the funds to pay for personal expenses and the balance of the loans are still outstanding. The suspension is in effect from April 15, 2024, through December 14, 2024. (FINRA Case #2022076420001) If you have suffered losses as a result of Cynthia S. Beyerlein's act and/or actions we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Cynthia S. Beyerlein. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at 866-618-0545 or email Matthew Schwartz directly at mschwartz@tslfirm.com.