Scott Wolfrum, Formerly of David A. Noyes Company, Ordered to Cease and Desist by SEC

Wolfrum owned and operated Wolfrum Capital Management.

scott-wolfrum-ordered-cease-and-desistScott Wolfrum (CRD: 2187550) was previously registered with Huntleigh Securities from 2018 until 2019.

In March 2021, the SEC filed a complaint against Wolfrum alleging that he failed to disclose conflicts of interest when selling investments in the Foundry Mezzanine Opportunity Fund.

Wolfrum allegedly sold over $20 million worth of investments in the fund without disclosing that he had a personal financial stake in the Fund’s investments. To settle the allegations, Wolfrum agreed to pay a $75,000 fine, $140,125 in disgorgement fees, and $21,354 in interest. 

The misconduct allegedly occurred while Wolfrum was registered with David A. Noyes & Co., from May 2013 until January 2018.

Wolfram has three customer disputes on his BrokerCheck report, but one was denied.

March 2019 Customer Dispute

February 2013 Customer Dispute

Contact Us Today

The Sonn Law Group is currently investigating allegations surrounding Scott Wolfrum. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.