Sean Michael Refsnider


November 19, 2020

Type of alert:


The Financial Industry Regulatory Authority (FINRA) Department of Enforcement Office of Hearing Officers recently approved an Offer of Settlement to resolve allegations of securities industry violations against Sean Michael Refsnider, a former Ameriprise Financial Services registered representative in Haddon Heights, New Jersey.

According to his FINRA BrokerCheck report, Refsnider was discharged from Ameriprise after allegedly misappropriating client funds. After Ameriprise reported this to FINRA in a Form U5, FINRA launched an investigation into whether Refsnider converted approximately $42,000 in funds belonging to an elderly customer. FINRA alleged that he obtained a check from this customer and cashed it for personal expenses and used the customer’s debit card to withdraw cash for personal expenses as well.

Refsnider failed to provide all of the documents and information FINRA Department of Enforcement requested, thus violating FINRA Rules 8210 and 2010. Without admitting or denying allegations made against him, Refsnider consented to a bar from associating with any FINRA member firm in any capacity.

Take the next steps to find out if you have a claim:

Step 1.

Talk to an Experienced Attorney Today

Call and speak to one of our attorneys* for a no-cost consultation to discuss your situation, answer your questions, and help you determine the next steps. This call usually takes about 15 minutes, but we are happy to talk to you as long as you would like!

Step 2.

Quick Review of Your Paperwork

If we think you might have a case, we will need to review a few basic documents. If we determine you have a case, then you will have the option to hire us as your attorneys to pursue it.

Step 3.

Signed Attorney/Client Agreement

If you decide to hire us to pursue your case, we will have you sign an attorney-client agreement so we can begin the process of trying to recover your losses.*

*In the vast majority of cases, our agreement is contingent – meaning you won’t owe us any money unless we recover money for you.

Request a Consultation

This site contains attorney advertising. The attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. Any reference to past cases or successes made herein should not be construed as a guarantee of any future outcome. Each client and each client’s case is unique, and no result or outcome is or can ever be guaranteed. The information provided in this website is offered for general information purposes only; it is not offered as and does not constitute legal advice in any way. // Disclaimer