(CRD #4205289, Hartland, Wisconsin)

October 31, 2025 – A NAC decision became final in which the NAC affirmed the findings and sanctions imposed by the OHO. John E. Pelletier was fined $10,000 and suspended from association with any FINRA member in all capacities for three months for executing unauthorized transactions in a customer's retirement account. The findings stated that Pelletier enabled distributions at the direction of the customer's ex-wife, who was not an authorized agent.  Subsequently, the customers ex-wife nearly depleted the account by spending the funds without the customer's knowledge. Pelletier claimed that the customer gave him oral authorization to accept the ex-wife's trade instructions, however, the NAC found the customer did not grant blanket or any other authorization for his ex-wife to trade in his account. The suspension is in effect from November 17, 2025, through February 17, 2026. (FINRA Case #2021071094401) If you have suffered losses as a result of John E. Pelletier'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 John E. Pelletier. 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  (813) 226-3372 or email Matthew Schwartz directly at mschwartz@tslfirm.com.