Securities Arbitration Attorney - Law Offices of Robert Wayne Pearce

Aug 25, 2021

Old Greenwich, Connecticut FINRA Securities Arbitration Attorney

Did Larry Allen Bowman Cause You Investment Losses? Larry Allen Bowman of Old Greenwich, Connecticut submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which he was fined $5,000 and suspended from association with any FINRA member in all capacities for a period of 45 days. The sanctions were based on findings that he allegedly engaged in outside business activities in violation of FINRA Rules 3270 and 2010. The suspension was in effect from March 15, 2021, through April 28, 2021. In June 2018, Larry Allen Bowman joined Heritage Financial Systems, Inc. and became registered as a General Securities Representative. The firm later filed a Uniform Termination Notice for Securities Industry Registration (Form U5) on December 24, 2019, disclosing that he had been permitted to resign due to alleged misconduct. According to FINRA’s findings, Bowman acted as a consultant and conducted financial modeling and analysis for three different companies without providing written notice or seeking approval from his firm. The findings state that Bowman received $18,750 in commission for his work and falsely attested on an annual compliance questionnaire that he had not engaged in any outside business activities. Although Larry Allen Bowman is not currently registered or associated with a FINRA member firm, he remains subject to FINRA’s jurisdiction. FINRA Rule 3270 provides, in relevant part, that, “a registered person may be an employee, independent contractor, sole proprietor, officer, director or partner of another person, or be compensated, or have the reasonable expectation of compensation, from any other person as a result of any business activity outside the scope of the relationship with his or her member firm, unless he or she has provided prior written notice to the member, in such form as specified by the member.” A violation of FINRA Rule 3270 also constitutes a violation of FINRA Rule 2010. Do You Need a Connecticut FINRA Securities Arbitration Attorney? Are you a Connecticut investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Connecticut stockbroker or investment advisor misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues. Free Initial Consultation With Experienced FINRA Securities Arbitration Attorneys Serving Old Greenwich, Connecticut Residents In FINRA Arbitration Proceedings At The Law Offices of Robert Wayne Pearce, P.A. we represent investors in all kinds of securities, commodities and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout Connecticut, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities and investment law disputes serving Connecticut citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Aug 23, 2021

Algonquin, Illinois FINRA Securities Arbitration Attorney

Did Lang Phu Nguyen Cause You Investment Losses? Lang Phu Nguyen of Algonquin, Illinois submitted a Letter of Acceptance, Waiver and Consent (AWC) to the Financial Industry Regulatory Authority (FINRA) in which he was fined $5,000 and suspended from association with any FINRA member in all capacities for a period of 45 days. The sanctions were based on findings that he allegedly exercised discretionary trading without authorization and violated firm policies in violation of NASD Rule 2510(b) and FINRA Rule 2010. The suspension was in effect from March 15, 2021, through April 28, 2021. In July 2015, Lang Phu Nguyen joined Edward Jones and became registered as a General Securities Representative. According to FINRA’s findings, from January 2017 through December 2018, Nguyen allegedly exercised discretionary trading in seven customers’ accounts effecting approximately 350 transactions. The findings state that prior to placing the trades, Nguyen allegedly failed to obtain written authorization from the customers to exercise discretion in their accounts. In addition, the findings state that Nguyen violated firm policies when he allegedly used his personal cell phone to take 151 photographs of confidential customer information on 135 separate occasions and used his personal email address to transmit the images to his firm email account. Although Lang Phu Nguyen is no longer registered or associated with a FINRA member, he remains subject to FINRA’s jurisdiction. NASD Rule 2510(b) prohibits registered representatives from “exercising any discretionary power in a customer’s account” unless the customer has provided prior written authorization to the representative and the account has been accepted as a discretionary account, in writing, by the representative’s member firm. A violation of NASD Rule 2510(b) is also a violation of FINRA Rule 2010, to “observe high standards of commercial honor and just and equitable principles of trade.”. Do You Need an Illinois FINRA Securities Arbitration Attorney? Are you an Illinois investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Illinois stockbroker or investment advisor misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues. Free Initial Consultation With Experienced FINRA Securities Arbitration Attorneys Serving Algonquin, Illinois Residents In FINRA Arbitration Proceedings At The Law Offices of Robert Wayne Pearce, P.A. we represent investors in all kinds of securities, commodities and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout Illinois, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities and investment law disputes serving Illinois citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Aug 21, 2021

Pawtucket, Rhode Island Securities Arbitration Attorney

Do You Need a Securities Arbitration Attorney? Keith Holcomb of Pawtucket, Rhode Island submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which he was fined $7,500 and was suspended from association with any FINRA member in all capacities for a period of six months. The sanctions were based on findings that he borrowed money from a customer in violation of FINRA Rules 3240 and 2010. The suspension is in effect from April 5, 2021, through October 4, 2021. From September 2015 to June 2017, Keith Holcomb was registered with MML Investors Services, LLC as an Investment Company and Variable Contracts Products Representative. According to FINRA’s findings, Holcomb borrowed at least $31,420 from a customer without notifying or receiving approval from his firm. The findings state that the firm had supervisory procedures prohibited borrowing money from customers unless they were considered immediate family in which the customer was not. In addition, the findings state that Holcomb was aware that the customer suffered from serious health problems and was not financially secure at the time. Although Keith Holcomb is not currently associated with a FINRA member, he remains subject to FINRA’s jurisdiction. FINRA Rule 3240(a) states that a registered representative may not borrow money from any customer unless his member firm has written procedures that allow for such borrowing and the borrowing arrangement meets certain other conditions. FINRA Rule 3240(b) generally requires a registered representative to notify his member firm and obtain written pre-approval of his borrowing arrangement with a customer. A violation of Rule 3240 is also a violation of FINRA Rule 2010, which requires member firms and their associated persons to observe high standards of commercial honor and just and equitable principles of trade. Are you a Rhode Island investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Rhode Island stockbroker or investment advisor transfer assets without your authority to the stockbroker or another party, steal, or otherwise commit theft in your investment account? If so, you will need to have representation from an experienced, highly rated, and nationally recognized FINRA securities arbitration attorney—an attorney who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases and other complex legal issues. Free Initial Consultation With Experienced Attorneys Handling Securities Arbitration Cases Serving Pawtucket, Rhode Island Residents in FINRA Arbitrations At The Law Offices of Robert Wayne Pearce, P.A. we represent investors in all kinds of securities, commodities, and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout Rhode Island, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities, and investment law disputes serving Rhode Island citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Aug 15, 2021

Fenton, Michigan FINRA Securities Arbitration Lawyer

Did Candice Montie Cause You Investment Losses? Candice Montie of Fenton, Michigan submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which she was fined $5,000 and suspended from association with any FINRA member in all capacities for a period of three months. The sanctions were based on findings that she participated in private securities transactions in violation of FINRA Rules 3280 and 2010. The suspension was in effect from April 19, 2021, through July 18, 2021. In November 2013, Candice Montie joined Moloney Securities and became registered as an Investment Company/Variable Contracts Products Representative and a General Securities Representative. According to FINRA’s findings, Montie participated in four private securities transactions involving $150,000 through another firm without providing prior written notice to Moloney Securities. The findings state that Montie assisted the investors with completing the paperwork, gathered the signed documents, answered the investors questions, coordinated all payments, and scanned and transmitted the required paperwork to the other broker-dealer to complete the transactions. Although Candice Montie is no longer registered or associated with a FINRA member, she remains subject to FINRA’s jurisdiction. FINRA Rule 3280 requires that, prior to participating in a private securities transaction, a person associated with a member firm shall provide written notice to his or her firm “describing in detail the proposed transaction and the person’s proposed role therein[.]” FINRA Rule 3280 defines a private securities transaction as “any securities transaction outside the regular course or scope of an associated person’s employment with a member.” A violation of FINRA Rule 3280 is also a violation of FINRA Rule 2010. Do You Need a Michigan FINRA Securities Arbitration Attorney? Are you a Michigan investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Michigan stockbroker or investment advisor misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues. Free Initial Consultation With Experienced FINRA Securities Arbitration Lawyers Serving Fenton, Michigan Residents In FINRA Arbitration Proceedings At The Law Offices of Robert Wayne Pearce, P.A. we represent investors in all kinds of securities, commodities and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout Michigan, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities and investment law disputes serving Michigan citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Jul 27, 2021

Centereach, New York FINRA Securities Arbitration Attorney

Did Corey Alexander Johnson Cause You Investment Losses? Corey Alexander Johnson of Centereach, New York was fined $5,000 and suspended from association with any FINRA member in all capacities for a period of 30 days. The sanctions were based on findings that he allegedly exercised discretionary trading without authorization in violation of NASD Rule 2510 (b) and FINRA Rule 2010. The suspension was in effect from April 19, 2021, through May 18, 2021. In June 2011, Corey Alexander Johnson joined Aegis Capital Corp. and became registered as a General Securities Representative. According to FINRA’s findings, from April 2017 through April 2019, Johnson exercised discretionary trading in five customers’ accounts effecting approximately 1,358 transactions. The findings state that prior to placing the trades, Johnson allegedly failed to obtain authorization from the customers to exercise discretion in their accounts and Aegis did not accept any of the accounts as discretionary accounts, therefore violating NASD Rule 2510(b) and FINRA Rule 2010. NASD Rule 2510(b) prohibits registered representatives from “exercising any discretionary power in a customer’s account” unless the customer has provided prior written authorization to the representative and the account has been accepted as a discretionary account, in writing, by the representative’s member firm. A violation of NASD Rule 2510(b) is also a violation of FINRA Rule 2010. Do You Need a New York FINRA Securities Arbitration Attorney? Are you a Centereach, New York investor who has suffered significant losses in your stock brokerage and investment accounts? Did your New York stockbroker or investment advisor misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues. Free Initial Consultation With Experienced FINRA Securities Arbitration Attorneys Serving Centereach, New York Residents In FINRA Arbitration Proceedings At The Law Offices of Robert Wayne Pearce, P.A. we represent investors in all kinds of securities, commodities and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout New York, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities and investment law disputes serving New York citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Jul 13, 2021

Canutillo, Texas FINRA Securities Arbitration Attorney

Did Israel Soto Cause You Investment Losses? Israel Soto of Canutillo, Texas submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which he was fined $7,500 and suspended from association with any FINRA member in all capacities for a period of three months. The sanctions were based on findings that he allegedly engaged in an outside business activity and failed to notify his firm of an outside business account he opened in violation of FINRA Rules 3270, 3210 and 2010. The suspension was in effect from March 1, 2021, through May 31, 2021. From April 2018 through March 2020, Israel Soto was registered with Morgan Stanley Smith Barney, LLC as a General Securities Representative. According to FINRA’s findings, Soto formed a limited liability company and served as the registered agent and sole managing member while registered with Morgan Stanley. The findings state that Soto allegedly failed to seek approval from Morgan Stanley before forming the company and falsely attested that he had not engaged in undisclosed outside business activities on their annual compliance questionnaires. In addition, the findings further allege that Soto also opened and controlled a brokerage account at another member firm, without seeking approval from Morgan Stanley and falsely attesting to the outside business account on their annual compliance questionnaires. Although Israel Soto is not currently registered or associated with a FINRA member, he remains subject to FINRA’s jurisdiction. FINRA Rule 3270 states that “no registered person may be an employee, independent contractor, sole proprietor, officer, director or partner of another person, or be compensated by, or have the reasonable expectation of compensation, from any other person as a result of any business activity outside the scope of the relationship with his or her member firm, unless he or she has provided prior written notice to the member, in such form as specified by the member.” FINRA Rule 3210 requires a person associated with a member firm, prior to opening a brokerage account with another member firm, to notify both firms of his or her association with the other member firm. These requirements apply to accounts in which the associated person has a beneficial interest. A violation of FINRA Rule 3210 also violates FINRA Rule 2010. Do You Need a Texas FINRA Securities Arbitration Attorney? Are you a Canutillo, Texas investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Texas stockbroker or investment advisor misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues. Free Initial Consultation With Experienced FINRA Securities Arbitration Attorneys Serving Canutillo, Texas Residents In FINRA Arbitration Proceedings At The Law Offices of Robert Wayne Pearce, P.A. we represent investors in all kinds of securities, commodities and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout Texas, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities and investment law disputes serving Texas citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Jun 17, 2021

Chesterland, Ohio FINRA Securities Arbitration Lawyer

Did Robert Leslie Mandau Cause You Investment Losses? Robert Leslie Mandau of Chesterland, Ohio submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which he was fined $5,000 and suspended from association with any FINRA member for a period of three months. The sanctions were based on findings that he allegedly engaged in an outside business activity in violation of FINRA Rules 3270 and 2010. The suspension was in effect from January 19, 2021, through April 18, 2021. In 2002, Robert Leslie Mandau joined Thrivent while registered as an Investment Company and Variable Contracts Products Representative and a General Securities Representative. The firm later filed a Uniform Termination Notice (Form U5), disclosing Mandau’s voluntary termination due to alleged misconduct. According to FINRA’s findings, Mandau allegedly violated his firms policies when he engaged in an outside business activity by preparing annual tax returns for friends, family, and customers without providing notice to his firm. The findings state that Mandau was aware of the firms written supervisory procedures and received approximately $4,550 in compensation for his services. The findings further state that Mandau falsely attested on five of Thrivent’s annual certifications regarding his outside business activity. Although Robert Leslie Mandau is not currently registered or associated with a FINRA member firm, he remains subject to FINRA’s jurisdiction. Do You Need an Ohio FINRA Securities Arbitration Attorney? FINRA Rule 3270 prohibits registered persons from being an “employee, independent contractor, sole proprietor, officer, director or partner of another person, or being compensated, or having the reasonable expectation of compensation, from any other person as a result of any business activity outside the scope of the relationship with his or her member firm, unless he or she has provided prior written notice to the member, in such form as specified by the member. Are you a Chesterland, Ohio investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Ohio stockbroker or investment advisor misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues. Free Initial Consultation With Experienced FINRA Securities Arbitration Attorneys Serving Chesterland, Ohio Residents In FINRA Arbitration Proceedings At The Law Offices of Robert Wayne Pearce, P.A. we represent investors in all kinds of securities, commodities and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout Ohio, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities and investment law disputes serving Ohio citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Jun 13, 2021

Atlanta, Georgia FINRA Securities Arbitration Lawyer

Did John Frederick Griner Cause You Investment Losses? John Frederick Griner of Atlanta, Georgia submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which he was fined $5,000 and suspended from association with any FINRA member for a period of 15 days. The sanctions were based on findings that he allegedly exercised discretionary trading in violation of NASD Rule 2510(b) and FINRA Rules 3260(b) and 2010. The suspension was in effect from February 1, 2021, through February 22, 2021. In March 2011, John Frederick Griner joined Morgan Stanley while registered as a General Securities Representative. The firm later filed a Uniform Termination Notice (Form U5), disclosing that Griner resigned while under internal review. According to the FINRA findings, Griner effected multiple trades in four customers’ accounts without first speaking with the customers or seeking approval from Morgan Stanley. The findings state that although the customers were aware that Griner was exercising discretion in their accounts, he did not have prior authorization from the customers or Morgan Stanley to do so. Do You Need a Georgia FINRA Securities Arbitration Attorney? NASD Rule 2510(b) and FINRA Rule 3260(b) prohibit registered representatives from exercising any discretionary power in a customer’s account unless such customer has given prior written authorization to a stated individual or individuals and the account has been accepted as discretionary by the member firm, as evidenced in writing by the member. Violations of NASD Rule 2510(b) and FINRA Rule 3260(b) also constitute violations of FINRA Rule 2010, which requires an associated person to observe high standards of commercial honor and just and equitable principles of trade. Are you an Atlanta, Georgia investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Georgia stockbroker or investment advisor misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues. Free Initial Consultation With Experienced FINRA Securities Arbitration Lawyers Serving Atlanta, Georgia Residents In FINRA Arbitration Proceedings At The Law Offices of Robert Wayne Pearce, P.A. we represent investors in all kinds of securities, commodities and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout Georgia, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities and investment law disputes serving Georgia citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Jun 7, 2021

Boulder, Colorado FINRA Securities Arbitration Lawyer

Did Arthur Obermeier Cause You Investment Losses? Arthur Obermeier of Boulder, Colorado submitted a Letter of Acceptance, Waiver and Consent (AWC) to the Financial Industry Regulatory Authority (FINRA) in which he was assessed a fine of $5,000, suspended from association with any FINRA member in all capacities for a period of 60 days. The sanctions were based on findings that Obermeier allegedly engaged in unauthorized trading in violation of FINRA Rule 2010. The suspension was in effect from January 19, 2021, through March 19, 2021. In June 2002, Arthur Obermeier joined LPL Financial LLC while registered as a General Securities Representative and Registered Options Principal. The firm later filed a Uniform Termination Notice (Form U5), disclosing that he had been terminated due to his alleged unauthorized trading. According to FINRA’s findings, Obermeier allegedly executed six trades in two customers’ accounts of approximately $798,000. The findings state that Obermeier had not discussed or obtained approval from the customers or his firm before placing the trades in the accounts. Although Arthur Obermeier is not currently associated with a FINRA member firm, he remains subject to FINRA’s jurisdiction. Do You Need a Colorado FINRA Securities Arbitration Attorney? FINRA Rule 2010 requires associated persons to observe high standards of commercial honor and just and equitable principles of trade. Unauthorized trading, which occurs when a registered representative executes trades in a customer’s account without first obtaining the customer’s authorization or consent, violates FINRA Rule 2010. Are you a Boulder, Colorado investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Colorado stockbroker or investment advisor misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues. Free Initial Consultation With Experienced FINRA Securities Arbitration Lawyers Serving Boulder, Colorado Residents In FINRA Arbitration Proceedings At The Law Offices of Robert Wayne Pearce, P.A. we represent investors in all kinds of securities, commodities and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout Colorado, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities and investment law disputes serving Colorado citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

May 6, 2021

Davidsonville, Maryland FINRA Securities Arbitration Lawyer

Did Paul Lawrence Fowler Cause You Investment Losses? Paul Lawrence Fowler of Davidsonville, Maryland submitted a Letter of Acceptance, Waiver and Consent (AWC) to the Financial Industry Regulatory Authority (FINRA) for allegedly executing unauthorized securities transactions in violation of FINRA Rule 2010. Due to the alleged misconduct, Fowler was assessed a fine of $5,000, suspended from association with any FINRA member in all capacities for 30 days. The suspension was in effect from January 19, 2021, through February 17, 2021. In August 2016, Paul Lawrence Fowler joined Wells Fargo Clearing Services, LLC and became registered as a General Securities Representative. The firm later filed a Uniform Termination Notice (Form U5), disclosing that he had been terminated due to his alleged misconduct. According to the FINRA findings, Fowler allegedly violated the firm’s written supervisory procedures by executing 14 unauthorized transactions with a total principal value of approximately $60,050. The findings state that Fowler received instructions from the husband of the account holder to execute the trades, however, he was not a signatory to or authorized individual of the account. The findings further state that Fowler earned $1,955.85 in commissions for the unauthorized transactions and was ordered to pay it back with interest. FINRA Rule 2010 requires associated persons to observe high standards of commercial honor and just and equitable principles of trade. Unauthorized trading, which occurs when a registered representative executes trades in a customer’s account without first obtaining the customer’s authorization or consent, violates FINRA Rule 2010. Do You Need a Maryland FINRA Securities Arbitration Attorney? Are you a Maryland investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Maryland stockbroker or investment advisor misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues. Free Initial Consultation With Experienced FINRA Securities Arbitration Lawyers Serving Davidsonville, Maryland Residents In FINRA Arbitration Proceedings At The Law Offices of Robert Wayne Pearce, P.A. we represent investors in all kinds of securities, commodities and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout Maryland, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities and investment law disputes serving Maryland citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.