list of shareholders (Sidney Lorio) interesting. according to the Proxy Statement: Sidney J. Lorio owns 6.32% of nothing. apparently he is a financial planner.
"Sidney J Lorio Reviews & Info
Sidney J Lorio Jr is a financial advisor with Lpl Financial LLC, which primarily works with Individuals and High Net Worth Individuals. Sidney Lorio operates out of Bedford, TX."
could you imagine taking advice from Sidney J. Lorio on investing in ECOB?
from 2007:
"CFP BOARD TARGETS WRONGFUL USAGE OF DESIGNATION
You’re not a certified financial planner until you’re a Certified Financial Planner.
That’s what the CFP Board of Standards Inc. wanted to make clear this week when it issued public disciplinary actions against a number of individuals who apparently listed themselves as CFPs without certification the board.
Disciplinary action was taken against the following individuals:
Sidney J. Lorio of Bedford, Texas"
"CFP BOARD CENSURES IMPROPER CFP® CERTIFICANT CONDUCT
Jan 30, 2007
DENVER, January 30, 2007 - Certified Financial Planner Board of Standards Inc. today announced public disciplinary actions against the following individuals' rights to use the CFP® certification marks, effective immediately."
"TEXAS
Sidney J. Lorio (Bedford): In November 2006, CFP Board issued Mr. Lorio a Letter of Admonition after its investigation of an NASD arbitration generally alleging that Mr. Lorio breached his fiduciary duty to a client and recommended unsuitable investments. After a hearing, the Board of Professional Review found that a panel of NASD arbitrators determined that Mr. Lorio used improper hedging techniques, created excessive risk in the security selection process, and failed to actively monitor and correct the risk of his client’s portfolio.
Suspensions/Delay of Certification"
