Justia Lawyer Rating for Adam Julien Gana Super Lawyers The National Trial Lawyers Martindale-Hubbell AVVO

The O.N. Equity Sales Co. (ONESCO) Investment Attorney

We represent clients in investment related disputes against their financial advisors and brokerage firms, such as O.N. Equity Sales Co. (ONESCO). Typical claims brought on behalf of clients include misconduct related to suitability, Ponzi Schemes, and misrepresentations concerning various investment products. The attorneys at our firm can analyze your brokerage account statements to determine the extent of the client’s financial losses, and understand the legal issues involved, and provide a consultation concerning remedies available.

The O.N. Equity Sales Company (ONESCO) is a wholly owned broker/dealer subsidiary of The Ohio National Life Insurance Company. Founded in 1968 and headquartered in Cincinnati, Ohio, ONESCO claims to provide financial professionals and investors with access to quality investment products and services. As an independent brokerage firm, ONESCO advertises that advisors have the freedom and flexibility to choose the business model that best serves the needs of their clients.

ONESCO is affiliated with, under common control, or otherwise performs business under the company names O.N. Investment Management Company (ONIMCO) and O.N. Insurance Agency (ONINSA)

ONESCO – By the Numbers:

  • CRD# 2936
  • SEC# 8-14161
  • 5 Regulatory Events
  • 2 Customer Complaints
  • Total Revenues: $54.3 million – 2012
  • Total Account Assets: $38.8 billion – 2013
  • Number of Retail Offices: 477
  • Number of Investment Accounts: 22,078 - 2012
  • Representatives: 924 - 2012

ONESCO – In the News:

FINRA v. Bruce Supanik, AWC No. 20130363677 – The Financial Industry Regulatory Authority (FINRA) permanently barred Bruce Supanik in all capacities, for failing to appear and provide on-the-record testimony to FINRA regarding the circumstances of his termination by The O.N. Equity Sales Company. According to FINRA, the Form U-5 filed on March 21, 2013, by ONESCO stated that Supanik’s employment was terminated after he placed liquidating transactions in a customer’s account after the customer’s death and that Supanik failed to give notice of the death to ONESCO. According to FINRA, Supanik transferred the balance of the customer’s account at ONESCO totaling $506,450.32 to a joint checking account he shared with the customer and then withdrew the balance from the joint checking account and deposited it into his personal bank account.

FINRA v. Kenneth Patrick Petticolas, AWC No. 2011027041101 – Kenneth Patrick Petticolas, a former broker with The O.N. Equity Sales Company, consented to findings that he participated in a private securities transaction sale of a life settlement contract to an investor for approximately $455,925, which was not conducted through his firm. FINRA found that Mr. Petticolas received approximately $50,151.75 from the entity as compensation for the sale of the life settlement contract. FINRA alleged that Mr. Petticolas failed to respond in a timely manner to FINRA’s requests for documents and information regarding the sale and was suspended from association with any FINRA member in any capacity for one year.

Our attorneys has successfully represented hundreds of investors in their broker disputes with their advisor firms. Our consultations are free and we welcome all inquiries.

Client Reviews
Thank you Adam and all your colleagues for the professionalism and diligence in the final settlement of our securities fraud case. When a past law firm group turned our case down, you and your firm took on the case and we thank you for the great outcome. We would highly recommend your firm. Gloria K.
I will never forget how much you helped me by winning my case! I never thought I would see any money from my investment. I admire the way you fight for everyday people against big companies. Thank you so much! Myra W.
Adam is an outstanding lawyer. I have worked on several cases with Adam and look forward to working with him again in the future. Rob D. - Co-Counsel.
If you want an attorney that is easy to talk to and genuinely cares about your legal situation, contact Adam Gana. He helped me settle a difficult contract dispute. When you work with Adam, he makes you feel as if you are his top priority. He will call you regularly to stay on top of the situation and submits all necessary legal documentation in a timely manner. His writing is excellent, his demeanor professional, and his work exceptional. Nancy N.
Adam helped me recover money from my broker when I thought all was lost. My house was about to be foreclosed, and I lost everything. Adam came in and saved my life. Jean C.