Company News

Wednesday, March 27, 2013

FINRA / Training Consultants Lawsuit Settled

In August of 2012, a lawsuit was filed against Training Consultants by the Financial Industry Regulatory Authority (FINRA) in United State District Court, Central District of California. Over the past 8 months, we have worked with FINRA on a resolution to this action. We are pleased to announce that the litigation with FINRA has been resolved to the satisfaction of all parties. The court entered the closing judgment on March 25, 2013. All of us at Training Consultants are pleased to have this matter behind us and we look forward to continuing to provide outstanding training and service to our customers.

Wednesday, September 5, 2012

A lawsuit was recently filed against our company by the Financial Industry Regulatory Authority (FINRA). We take these allegations very seriously and believe the suit is completely without merit. Training Consultants is appalled at the accusations made in the suit and the reckless disregard for the integrity of our firm, our employee’s personal privacy, and the significant contributions our founder has made to FINRA and its predecessors over the years.

For more than 33 years, our company has become a respected institution in the securities industry led by our founder and president, Tina Leahy. She built the company modeled on the highest levels of customer service and instruction in the industry and has earned the regard of firms and brokers throughout the country. Our company's founding principles are grounded in integrity, trust, and leadership.

In 1986 when FINRA’s (previously NYSE) Series 7 exam was changed to a dynamic test bank, Tina was invited to be a founding member of the exam committee, volunteering countless unpaid hours to assist in developing a respected and valid exam. She continued to serve on this committee for more than 20 years, contributing hundreds questions for the actual exam and recruiting multiple other individuals to join the committee.

With Tina's leadership, Training Consultants has grown continuously from a small local firm to a respected national training firm. Over the years we have trained more than 50,000 individuals to successfully prepare for their careers. As we have grown, we have continued to invest in technologies and staff to provide our customers with the highest service levels to firms of all sizes in the industry. At no time in the company’s history has Training Consultants been involved in any legal disputes.

We remain committed to providing our clients with the highest level of support, and anticipate no changes or interruptions to the operations of Training Consultants. We're taking all available action to vigorously defend ourselves from these claims. We have retained a team of the most qualified attorneys to represent us and look forward to clearing our good name.


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From starting your studies to passing the exam, it is our goal to provide the best material and delivery possible. No one supports you like Training Consultants!
I PASSED WITH A 72% ! If it were not for the online exam software, I wouldn't have done it. It made all the difference. I will recommend this to everyone I know!! See you for the 66! :-)
I just wanted to say thank you for your amazing material!!! I passed my Series 66 tonight with an 87!!!!! I failed the exam on a few occasions with another vendor and no doubt your material made the difference.
Thank you. I had been twice through another vendor’s program. A fellow employee recommended your class and I was ready to try anything. I took the test on Saturday, and I "Passed."
Hi Tina, I passed my Series 7 exam yesterday with 94%.
I wanted to thank Training Consultants for assisting me in passing my Series 7 as I used two other training materials and this was by far the best!
Before your class, I was having difficulty in not getting confused so all of your hints are VERY important (I kept hearing your voice in my head). On to the Series 66!
Tina's lectures made it easy to understand the materials in the books. If I am ever asked to recommend a study program for any "series" type of licensing, I would recommend none other than Training Consultants
I wanted to let you know that I passed with 81!!!! Words cannot explain how relieved and happy I feel to put this behind me. Thank you, thank you, and thank you!
The options chapters turned out to be my favorite chapters (and I received 86-90% score on that section) and if you would have asked me before your study program I would have told you I was afraid of options!
I received an 87! I didn't want to just pass. I really wanted to do well. The material was excellent! I felt entirely prepared. And quite honestly, I'm amazed at how similar the exam was to the practice material
Tina has devised the simplest method for options calculations, and her “home base chart” relieves any anxiety going into the test, because you are confident that the calculations are going to be correct.
Thank you Tina I got an 84 on my exam yesterday. I have never been so sure and comfortable about my answers on a big exam like this.
I did receive the promotion I was expecting. Your class and the study materials helped more than you can imagine.