November 3, 2023 – An AWC was issued in which Hanson was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for eight months. Without admitting or denying the findings, Hanson consented to the sanctions and to the entry of findings that he willfully failed to amend his Form U4 to disclose that he had been charged with sixteen felonies. The findings stated that Hanson was arrested in the Commonwealth of Virginia. Subsequently, a grand jury returned an indictment charging Hanson with the felonies and then he was arraigned, all while he was associated with his member firm. Although Hanson was aware that he had been charged with these felonies, he never amended his Form U4 to disclose the felony charges and never disclosed the felony charges to the firm. Later, the firm discovered that Hanson had been charged with multiple felonies and discharged Hanson.
The suspension is in effect from November 6, 2023, through July 5, 2024. (FINRA Case #2023078894201)
Matthew Schwartz
Matthew Schwartz represents clients harmed by lawyers, accountants, insurance professionals, real estate agents, brokers, financial advisors, and other trusted professionals. He handles Florida litigation and nationwide FINRA arbitration. He has been recognized in The Best Lawyers in America® and named to the Best Law Firms® list.
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