INVESTOR ALERT—The SEC and The Massachusetts Securities Division Are Investigating Allegations That Suspended Broker, Bruce C. Worthington, Misappropriated Investor Funds
Bruce C. Worthington is a former Financial Advisor at Founders Financial Securities LLC in Middleton, MA. Bruce Worthington has been in the securities industry since 1992 and previously worked at PFS Investments, Inc. in Duluth, GA and Commonwealth Financial Network in Rowley, MA.
According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), the SEC “opened an investigation of Mr. Worthington after concerns arose about his receipt and disposition of customer funds prior to 2013.” Bruce Worthington is also currently under investigation by the Massachusetts Securities Division for allegations that he “misappropriated the funds of at least one Massachusetts investor.” Founders Financial Securities terminated Bruce Worthington in September 2018.
In December 2018, FINRA suspended Bruce Worthington from the industry indefinitely for failing to respond to FINRA’s request for information.
Bruce Worthington also reported a foreclosure in 2015, an IRS tax lien in 2014 for $70,845.36 and an IRS tax lien in 2009 for $210,507.98.
For a copy of the Bruce Worthington CRD, click https://brokercheck.finra.org/individual/summary/2193895#disclosuresSection
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