$10 Million Fine Imposed On LPL: Supervisory Failures

Posted by & filed under Tefteller Law.

The Financial Industry Regulatory Authority (“FINRA”) recently imposed a $10 million fine on LPL Financial LLC, the largest independent broker-dealer in the United States. FINRA sanctioned LPL Financial as a consequence of the company’s numerous supervisory failures. The underlying supervisory deficiencies accompanied the sale of non-traditional ETF variable annuities, non-traded REITs, and other complex products.…

Overturned 18-Wheeler Trapped Man on IH-35

Posted by & filed under 18-wheeler, Austin, Tefteller Law, Travis County, Truck Crash, TxDOT.

Wednesday morning around 6 AM found northbound IH-35 in Austin more congested than usual as a crash caused an 18-wheeler to overturn.  The co-driver of the commercial truck was trapped inside and had to be free by emergency personnel. Three people were reported involved in the wreck with no major injuries.  TxDOT indicated that the…

Train in Cotulla slammed 18-wheeler

Posted by & filed under Tefteller Law.

On Monday, October 28 2013, in Cotulla, Texas, an 18-wheeler big rig was hit by a train in the morning. The accident occurred before the noon lunch hour at Highway 97 and Front Street. Fortunately, no serious injuries were reported.