MICHAEL GERARD KIRWAN is currently employed as a Broker and/or Investment Adviser at BCG SECURITIES, INC. located at 11 PENNS TRAIL, SUITE 600, NEWTOWN, PA, 18940.
MICHAEL GERARD KIRWAN has worked at BCG SECURITIES, INC. since January 03, 2013
Disclosure History
MICHAEL GERARD KIRWAN has 3 Disclosure Event(s).
Date: August 13, 2014 Category: Regulatory
Date: December 13, 2012 Category: Employment Separation After Allegations Firm Name: FIRST ALLIED SECURITIES, INC. Termination Type: Discharged Allegations: THE REGISTERED REPRESENTATIVE VIOLATED FIRM POLICY BY SIGNING DOCUMENTS ON BEHALF OF A CUSTOMER AND PLACING TRADES IN A CUSTOMER ACCOUNT WITHOUT AUTHORIZATION. Broker Comment: MR. KIRWAN WAS THE VICTIM OF AN E-MAIL PHISHING SCAM IN WHICH AN IMPOSTER TOOK CONTROL OF HIS CLIENT'S EMAIL ACCOUNT REQUESTING TRANSACTIONS TO BE PROCESSED. MR. KIRWAN WAS UNDER THE BELIEF HE WAS ACTING UPON THE WILL OF HIS CLIENT AND ONLY DOING WHAT WAS IN HIS CLIENT'S BEST INTEREST. IT WAS NOT UNTIL AFTER THE TRANSACTION TOOK PLACE THAT HE, AND FIRST ALLIED, REALIZED THEY WERE THE SUBJECT OF A SCAM.
Date: December 14, 2004 Category: Customer Dispute Allegations: THE COMPLAINT ALLEGES THAT, BEGINNING IN 1990, REPRESENTATIVE WAS INVOLVED WITH OTHERS IN A PROGRAM MARKETING LIFE INSURANCE TO VEBAS UNDER WHICH THEY MISREPRESENTED OR OMITTED MATERIAL INFORMATION AND, IN VIOLATION OF RICO, EMBEZZLED, STOLE AND CONVERTED ASSETS OF EMPLOYEE WELFARE BENEFIT PLANS. Damage Amount Requested: $50,000.00 Settlement Amount: $50,000.00 Broker Comment: REGARDING DOCKET CASE FOR THE US DISTRICT COURT EASTERN DISTRICT OF PENNSYLVANIA CIVIL ACTION #04-361 7-[customer] & [customer] V. MONUMENTAL LIFE, KIRWAN FINANCIAL GRP, BARRY COHEN & MICHAEL KIRWAN ET. AL.PLEASE BE ADVISED THAT MICHAEL G. KIRWAN SETTLED 111112005 AT THE ADVICE OF COUNSEL. [third party] ET. AL PERSISTED & COURT GRANTED DEFENDANT'S MOTION FOR SUMMARY JUDGMENT ON 4/212007.
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