Claimant alleges lack of suitability, failure to supervise, breach of fiduciary duty, negligence and fraud relating to transactions placed in claimant's brokerage account.

$5,000.00

$150,000.00

FINRA

Respondent Shuttlesworth failed to respond to FINRA request for information.

Letter

Bar (Permanent)

All Capacities

4/18/2016

Pursuant to FINRA Rule 9552(h) and in accordance with FINRA's Notice of Suspension and Suspension from Association letters dated 1/14/2016 and 2/8/2016, respectively, on 4/18/2016, Shuttlesworth is barred from association with any FINRA member in any capacity. Respondent failed to request termination of his suspension within three months of the date of the Notice of Suspension; therefore, he is automatically barred from association with any FINRA member in any capacity.

Crown Capital Securities, L.P.

Permitted to Resign

Failure to properly report five outstanding liens and one judgement on form U-4.

FRAUD, RESTITUTION UNJUST ENRICHMENT, NEGLIGENCE & WANTONNESS, VIOLATION OF THE ALABAMA SECURITIES ACT.

$10,000.00

$20,000.00

CUSTOMERS INSTRUCTED ENTRY & EXIT OF POSITIONS IN ADVERSE MARKET CONDITIONS, SHIFTING BLAME TO BROKER. THE COMPLAINT IS WITHOUT MERIT AND IS A MALICIOUS LIBELOUS ACTION AGAINST MYSELF INCLUDING SLANDER AND DEFAMATION. SENT TO ARBITRATION ON 01/11/2008

$39,526.00

Tax

THIS LIEN IS CURRENTLY BEING DISPUTED

$8,296.00

Tax

TAX LIEN IS BEING DISPUTED

ALLEGED OMISSION AND MISSTATEMENT OF INFORMATION REGARDING CERTAIN INVESTMENTS OF CUSTOMERS.

$10,000.00

SETTLEMENT WAS MADE BY BROKER DEALER, VSR FINANCIAL SERVICES, INC IN THE AMOUNT OF $10,000.00. NO MONETARY CONTRIBUTION WAS MADE BY REPRESENTATIVE SHUTTLESWORTH. CUSTOMER BROUGHT LEGAL ACTION AGAINST MYSELF, MY FORMER BROKER DEALER (VSR FINANCIAL SERVICES, INC) AND FIRST NATIONAL BANK OF ONAGA (CUSTODIAN FOR THE CUSTOMERS ACCOUNT). THE CUSTOMERS SETTLED WITH BROKER DEALER VSR FINANCIAL SERVICES, INC AND DISMISSED ALL CLAIMS AGAINST ALL OTHER PARTIES INCLUDING MYSELF. I DID NOT MAKE ANY CONTRIBUTION TO THE SETTLEMENT NOR DO I ACKNOWLEDGE OR ACCEPT ANY RESPONSIBILITY WITH RESPECT TO THEIR ALLEGATIONS. I FURTHER STATE THAT THEIR ALLEGATIONS WERE WITHOUT MERIT OR BASIS IN FACT AND FEEL I HAVE BEEN VINDICATED.