Did Jackie Smalls Cause You Investment Losses?
Jackie Smalls, a former broker employed by Fort Worth, Texas-based First Command Financial Planning, Inc., submitted a Letter of Acceptance, Waiver and Consent in which he agreed to, without admitting or denying, the described sanctions and the entry of the Financial Industry Regulatory Authority’s (FINRA) findings that he caused a customer to invest funds in a privately held company without his firm’s prior knowledge and approval to participate in the private securities transaction. FINRA’s findings stated that Mr. Smalls introduced a customer to EGU, the start-up manufacturing company, and recommended that the customer invest $25,000 in the company, which was outside the scope of Mr. Smalls’ association with his firm. Mr. Smalls informed the customer that he invested $50,000 and other investors had invested funds in the company expecting to receive a percentage of the company’s profits because the company would receive government contracts and become successful. FINRA’s findings also stated that Mr. Smalls helped the customer to obtain a loan from a third-party bank in order to invest in the company. Mr. Smalls of Lexington, South Carolina was fined $5,000 and suspended from associating with any FINRA member in any capacity for two months.
Do You Need an Attorney for a Private Placement Dispute?
Texas has thousands of stock brokerage firms and investment advisory offices. With so many stock brokerage firms and investment advisory offices, comes the potential for their stockbrokers, financial advisors, and other representatives to misrepresent and mislead investors about investing in Private Placements of securities issued by small undercapitalized start-ups, their own companies and other dubious companies and engage in all kinds of stockbroker misconduct which violates Federal and Texas securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.
Experienced Securities Lawyers for Investors with Private Placement Investment Claims in FINRA Arbitrations Throughout Texas and Nationwide.
Are you a Texas investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Texas stockbroker or investment advisor misrepresent or mislead you about an investment in a Private Placement or make an unsuitable recommendation that you invest in a Private Placement like GPB Capital Holdings or EquiAlt or otherwise mismanage your investment account? If so, you will need to hire an experienced, highly rated and nationally recognized FINRA securities arbitration law attorney who understands these highly complex and risky Private Placement investments. You need an experienced lawyer knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases and other complex legal issues.
By hiring a top rated and highly successful attorney like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in FINRA arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and is one of the best attorneys to recover your investment losses in Private Placements and all types of stockbroker misconduct in FINRA arbitration proceedings!
At The Law Offices of Robert Wayne Pearce, P.A., we represent investors in all kinds of Private Placement of securities in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas such asfraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations of Private Placements. 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.
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Free Initial Consultation With An Experienced Private Placement Investment Attorney Serving Texas Residents In FINRA Arbitration Proceedings
The Law Offices of Robert Wayne Pearce, P.A. are highly experienced attorneys who successfully handle Private Placement cases and other securities law matters and investment disputes in FINRA arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case. For dedicated representation by a lawyer with over 40 years of experience and success in Private Placements and all kinds of securities law and investment disputes serving Texas citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.