Chadds Ford, Pennsylvania Securities Lawyer For Mutual Fund Investment Disputes

Did Mark Koehler Cause You Investment Losses? Former Cetera Advisor Networks broker Mark Koehler was barred by the Financial Industry Regulatory Authority (FINRA) for refusal to produce information and documents requested by FINRA pertaining to an investigation into unsuitable trading in a senior customer’s accounts, including short-term mutual fund switching and excessive trading. FINRA’s investigation began in April 2014, upon receipt of a tip that Mark Charles Koehler of Chadds Ford, Pennsylvania, had engaged in unsuitable trading in the accounts of a senior customer.  FINRA reviewed trading in Mr. Koehler’s other customer accounts and investigated the following:  whether Mr. Koehler engaged in unsuitable short-term mutual fund switching and excessive trading; whether he placed undue influence on a customer before her passing; and whether Mr. Koehler failed to disclose his status as beneficiary in the same customer’s will. Pursuant to FINRA Rule 8210, FINRA sent Mr. Koehler two requests for documents and information.  Mr. Koehler failed to respond to either requests instead stating through counsel that he would not produce the documents or information requested.   Mr. Koehler violated FINRA Rules 8210 and 2010 by refusing to comply with FINRA’s request.  As a result, Mr. Koehler was barred from associating with any FINRA member in any capacity. Do You Need A Securities Lawyer For Mutual Fund Investment Disputes? Pennsylvania 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 Mutual Funds and engage in all kinds of stockbroker misconduct which violates Federal and Pennsylvania securities laws and Financial Industry Regulatory Authority (FINRA) rules as well as the stock brokerage firms policies and procedures.  Experienced Securities Attorneys Handling Claims For Mutual Fund Investors In FINRA Arbitrations Throughout Pennsylvania and Nationwide. Are you a Pennsylvania investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your Pennsylvania stockbroker or investment advisor misrepresent or mislead you about a Mutual Fund investment or make an unsuitable recommendation that you invest in a Mutual Fund or otherwise mismanage your investment account? If so, you will need to have representation from an experienced, highly rated and nationally recognized FINRA securities arbitration law attorney—an attorney who understands Mutual Fund investments and stockbroker abuses related thereto, like when they are making unsuitable investments Class A, B, C shares of other classes of mutual funds to increase their commissions, missing breakpoints to generate higher commissions, switching of mutual funds that are intended long term investments outside of a mutual fund family to generate more commissions for them. You will also need an experienced lawyer who 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 lawyer like Robert Wayne Pearce with over 40 years of experience with Mutual Fund investment disputes by 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 Mutual Funds 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 Mutual Fund and securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas such as fraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations of Mutual Funds.  Attorney Pearce and his staff represent investors throughout Pennsylvania, 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 Free Initial Consultation With An Experienced Mutual Fund Investment Lawyer Serving Pennsylvania Residents In FINRA Arbitration Proceedings The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced lawyers who successfully handle Mutual Fund 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 an attorney with over 40 years of experience and success in Mutual Fund cases and all kinds of securities law and investment disputes serving Pennsylvania citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Pittsburgh, Pennsylvania Attorney Who Sues For Failure to Supervise Stockbroker

Did PNC Investments Cause You Investment Losses? Pittsburgh, Pennsylvania based PNC Investments LLC submitted a Letter of Acceptance, Waiver and Consent in which the firm agreed to, without admitting or denying, the described penalties and to the entry of the Financial Industry Regulatory Authority’s (FINRA) findings that it failed to establish and maintain a supervisory system and written supervisory procedures (WSPs) reasonably designed to achieve compliance with Section 5 of the Securities Act of 1933.  According to FINRA, the firm’s WSPs for compliance with Section 5 were limited to a section on private placements and offerings, which addressed Regulation D, Rule 144 and private investments in public equity.  The procedures restated the requirements, or exemptions, contained in the regulations but did not provide for any supervisory structure to safeguard compliance with Section 5.  The firm’s procedures failed to address compliance generally with Section 5, and were inadequate in stating the circumstances under which the firm should inquire into the registration or exemption status of securities in customer accounts.  The procedures at the time failed to specifically list the factors of the firm’s requirements to evaluate or consider so as to determine whether it was necessary to make further inquiries, before allowing a customer to sell potentially unregistered securities.  PNC Investments was censured and fined $100,000. Do You Need An Attorney Who Sues For Failure to Supervise Stockbroker? Pennsylvania has thousands of stock brokerage firms and investment advisory offices.  With so many stock brokerage firms comes the potential for a stock brokerage firm to fail to supervise its stockbrokers, financial advisors and investment advisors from engaging in misconduct which violates Federal and Pennsylvania securities laws and Financial Industry Regulatory Authority (FINRA) rules and the stock brokerage firm’s policies and procedures.  Experienced Lawyers Who Handle Failure to Supervise Stockbroker Claims In FINRA Arbitrations Throughout Pennsylvania and Nationwide. Are you a Pennsylvania investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your Pennsylvania stockbrokerage or investment advisory firm where you do business fail to supervise the stockbroker who recommended bad investments and otherwise mismanage your investment account? If so, you will need to hire an experienced, highly-rated and nationally recognized FINRA securities arbitration lawyer— an attorney who knows how to handle these failure to supervise cases as well as other complex legal issues.  By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience with failure to supervise claims by 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 lawyers to recover your investment losses due to a stockbrokerage or investment advisory firm’s failure to supervises its registered representatives in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors with failure to supervise claims and all kinds of securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas such as fraud and misrepresentation, breach of fiduciary duty, churning, theft, forgery, margin account abuse and unsuitable recommendations to purchase, sell or hold securities or recommend unsuitable investments strategies.  Attorney Pearce and his staff represent investors throughout Pennsylvania, 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 Free Initial Consultation With An Attorney Experienced In Failure to Supervise Stockbroker Disputes Serving Pennsylvania Residents In FINRA Arbitrations The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced lawyers who successfully handle failure to supervise claims and other securities law matters and investment disputes in Pennsylvania, and who work tirelessly to secure the best possible result for you and your case.  For dedicated representation by an attorney with over 40 years of experience and success in failure to supervise and all kinds of securities law and investment disputes serving Pennsylvania citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Philadelphia, Pennsylvania Securities Account Churning Attorney

Did Craig Gary Langweiler Cause You Investment Losses? Craig Gary Langweiler, a Philadelphia, Pennsylvania-based registered representative formerly employed with Meyers Associates, L.P. n/k/a Windsor Street Capital, was named a Respondent in a Financial Industry Regulatory Authority (FINRA) complaint alleging that he generated high commissions for himself and substantial losses for his customer by excessively trading the account of his customer. FINRA’s findings alleged Mr. Langweiler executed 257 trades in his customer’s account during the relevant period, a mere 193 days.  FINRA found that Mr. Langweiler generated approximately $27,092 in commissions, while his customer incurred losses in excess of $33,000.  FINRA also found that Mr. Langweiler exercised control over the customer’s account through his use of discretion, for which he neither sought nor received written approval.  According to FINRA’s complaint, Mr. Langweiler was charged with violating FINRA Rule 2111, which governs suitability, stating that a registered representative with control over a customer’s account must have “a reasonable basis for believing that a series of recommended transactions, even if suitable when viewed in isolation, are not excessive and unsuitable for the customer when taken together in light of the customer’s profile.”  Additionally, Mr. Langweiler was charged with violating NASD Rule 2510(b) and FINRA Rule 2010, for his alleged unauthorized discretionary trading. Do You Need A Securities Account Churning Attorney? Pennsylvania 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 excessively trade or churn customer accounts to generate commissions and engage in all kinds of stockbroker misconduct which violates Federal and Pennsylvania securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Lawyers Who Handle Securities Churning Claims In FINRA Arbitrations Throughout Pennsylvania and Nationwide. Are you a Pennsylvania investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your Pennsylvania stockbroker or investment advisor excessively trade or churn or otherwise mismanage your investment account? If so, you will need to have representation from an experienced, highly-rated and nationally recognized FINRA arbitration securities churning law attorney—an attorney who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues.  By hiring a top rated 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 one of the best lawyers to recover your investment losses for excessively trading or churning customer accounts to generate commissions 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 securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas such as fraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations.  Attorney Pearce and his staff represent investors throughout Pennsylvania, 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 Free Initial Consultation With An Experienced Securities Churning Attorney Serving Pennsylvania Residents In FINRA Arbitrations The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced lawyers who successfully handle churning 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 an attorney with over 40 years of experience and success in churning cases and all kinds of securities law and investment disputes serving Pennsylvania citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Glenside, Pennsylvania Attorney Who Sues Stockbrokers Who Made Unsuitable Investment Recommendations

Did Edward McFarlane Cause You Investment Losses? Edward McFarlane, a registered representative formerly employed with Oppenheimer & Co. Oppenheimer), submitted a Letter of Acceptance, Waiver, and Consent (AWC), in which he agreed, without admitting or denying, to the Financial Industry Regulatory Authority’s (FINRA) findings that he recommended and effected unsuitable ETF recommendations in his customer’s account, causing approximately $48,524.79 in losses to his customer. According to FINRA, Edward Thomas McFarlane of Glenside, Pennsylvania recommended and effected approximately 169 transactions involving inverse, leveraged, and inverse-leveraged exchange-traded funds (ETFs).  FINRA found that Mr. McFarlane recommended the non-traditional ETFs be held in his customer’s account for as long as 470 days, with an average holding time of 40 days.  The ETFs that Mr. McFarlane recommended were intended to be short-term trading vehicles and not meant to be long-term investments.  Consequently, Edward McFarlane was fined $5,000 and suspended from association with any FINRA member for two months.  Do You Need An Attorney Who Sues Stockbrokers Who Made Unsuitable Investment Recommendations? Pennsylvania 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 recommend unsuitable securities investments in light of the customers stated investment objectives, risk tolerance, financial condition, time horizon and other important factors and to engage in many other kinds of stockbroker fraud and stockbroker misconduct which violates Federal and Pennsylvania securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Unsuitable Investment Lawyers Who Handle FINRA Arbitrations Throughout Pennsylvania and Nationwide. Are you a Pennsylvania investor who has suffered significant losses in your stock brokerage and investment accounts?  Did they recommend unsuitable securities transactions or strategies? Broker-Dealer attorneys always argue to the arbitration panel the securities transactions (buy, sell or hold) and/or strategies to engage in short selling, trade on margin, use securities based lending and complex option or futures trading strategies were suitable for the customer. They routinely misrepresent the customers’ investment objectives, risk tolerance and financial condition on account documents. Suitability claims can be based upon the stockbroker or investment advisor’s fiduciary duty, duty to use reasonable care, or FINRA Rule 2111. If you believe that your stockbroker or investment advisor made unsuitable recommendations, you need a skilled securities arbitration attorney who knows all the investments, investment strategies and stockbroker tricks of the trade. More importantly, you will need the representation of an experienced, top rated and nationally recognized FINRA arbitration attorney — a lawyer who knows FINRA rules and procedures and how to handle these FINRA arbitration cases and other complex legal issues.  By hiring a top rated securities attorney like Robert Wayne Pearce with over 40 years of experience 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 securities attorneys to recover your investment losses for unsuitable recommendations and all types of stockbroker fraud and stockbroker misconduct in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors with securities breach of fiduciary duty claims and many other kinds of securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas besides breach of fiduciary duty, such as claims involving securities misrepresentation and stockbroker fraud, negligence, failure to supervise, and unsuitable recommendations by stockbrokers and investment advisors.  Attorney Pearce and his staff represent investors throughout Pennsylvania, 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 Free Initial Consultation With An Experienced Attorney Serving Pennsylvania Residents in FINRA Arbitrations Involving Unsuitable Investment Claims The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced lawyers who successfully handle unsuitable investment claims and other 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 an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in FINRA arbitrations serving Pennsylvania citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Shady Cove, Oregon Securities Misrepresentation Attorney

Did Mark Brian Degner Cause You Investment Losses? Mark Brian Degner of Shady Cove, Oregon, submitted a Letter of Acceptance, Waiver, and Consent (AWC) to the Financial Industry Regulatory Authority (FINRA) for negligently making material misstatements pertaining to the sale of 20-year CDs to elderly customers.  According to FINRA’s complaint, the customers sustained losses of approximately $75,000 as a result of the misrepresented CDs. FINRA’s findings alleged that Mark Degner, while employed by LPL Financial LLC, misrepresented 20-year interest rate-linked CDs to his customers by claiming that the CDs were not subject to any survivor benefit limitations when, in fact, they were.  The survivor benefits of the CDs were actually subject to a limitation that restricted the amount of early redemptions among purchasers.  While the issuer’s disclosure statement revealed this information, Mr. Degner did not review this information and made recommendations that his customers purchase CDs totaling $685,000.  As a result of the survivor benefit limitation, the estates of two of the customers were not able to fully redeem their CDs and incurred substantial losses of approximately $75,000.  Mark Degner, without admitting or denying FINRA’s allegations, was fined $7,500 and received a suspension for 20 business days.  Do You Need A Securities Misrepresentation Attorney? Oregon has hundreds 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 make misrepresentations about investing in securities (stocks, bonds, options, mutual funds, REITs, Junk Bonds, Hedge Funds, Structured Products, etc.) they are selling, the strategies they are recommending (margin, short selling, option) and to engage in many other kinds of stockbroker fraud and stockbroker misconduct which violates Federal and Oregon securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Securities Lawyers Who Represent Investors With Misrepresentation Claims In FINRA Arbitrations Throughout Oregon and Nationwide. Are you an Oregon investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your Oregon stockbroker or investment advisor, misrepresent facts about the securities, investments or strategies they were recommending or otherwise mismanage your investment account? If so, you need representation by experienced, highly-rated and nationally recognized FINRA arbitration attorneys who know FINRA rules and procedures and how to handle these FINRA arbitration cases and other complex legal issues.  By hiring a top rated securities attorney like Robert Wayne Pearce with over 40 years of experience with investment misrepresentation claims 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 one of the best securities attorneys to recover your investment losses for all types of stockbroker fraud and stockbroker misconduct in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors with securities misrepresentation claims and many other kinds of securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas besides securities misrepresentation and stockbroker fraud claims such as stockbroker breach of fiduciary duty, stockbroker negligence, failure to supervise stockbrokers, and unsuitable recommendations by stockbrokers.  Attorney Pearce and his staff represent investors throughout Oregon, 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 Free Initial Consultation With Experienced Securities Misrepresentation and Stockbroker Fraud Lawyers Serving Oregon Residents in FINRA Arbitrations The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced lawyers who successfully handle securities misrepresentation, stockbroker fraud, stockbroker misconduct and other 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 an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in FINRA arbitrations serving Oregon citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Brooklyn, New York FINRA Securities Arbitration Lawyer

Did Jay Howard Bluestine Cause You Investment Losses? Jay Howard Bluestine of Brooklyn, New York was accessed a fine of $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 Howard accepted loans from a customer without seeking or obtaining approval in violation of FINRA Rules 3240 and 2010. The suspension was in effect from October 5, 2020, through January 4, 2021. In August 2011, Jay Howard Bluestine joined UBS Financial Services Inc. and was registered as a General Securities Representative. According to the FINRA findings, Bluestine accepted three loans from a customer totaling $300,000 without requesting or obtaining approval from his firm. The findings stated that the firms written procedures prohibited registered representatives from borrowing money from a customer without written approval. FINRA further stated that the customer loaned the money to Bluestine without documentation or understanding as to the duration or interest rate of the loan. In addition, Bluestine allegedly falsely attested on his firm’s annual compliance questionnaires that he had not borrowed money from any customer. Although Bluestine is not currently registered or associated with a FINRA member, he remains subject to FINRA’s jurisdiction. FINRA Rule 3240(a) provides that a registered representative may not borrow money from any customer unless his or her member firm has written procedures that allow for such borrowing and the borrowing arrangement meets certain other, specified conditions. If these requirements are met, FINRA Rule 3240(b) requires the registered representative to notify the member firm of the borrowing arrangement and obtain written pre-approval from the firm prior to borrowing from the customer, unless the customer is an immediate family member or financial institution, in which case other requirements apply. A violation of FINRA Rule 3240 is also a violation of FINRA Rule 2010. Do you need a New York FINRA Securities Arbitration Attorney? Are you a Brooklyn, 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 Lawyers Serving Brooklyn, 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. 

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Lubbock, Texas Securities Account Forgery Attorney

Did David Christopher Davis Cause You Investment Losses? David Christopher Davis of Lubbock, Texas was assessed a deferred fine of $10,000 and suspended from association with any FINRA member in all capacities for a period of six months. The sanctions were based on findings that he allegedly forged customers signatures on firm documents and failed to disclose two federal tax liens in violation of Article V, Section 2(c) of FINRA’s ByLaw’s and FINRA Rules 1122 and 2010. The suspension is in effect from September 21, 2020, through March 20, 2021. In January 2002, David Christopher Davis joined MML Investors Services, LLC and was registered as an Investment Company and Variable Contracts Products Representative. The firm later filed a Uniform Termination Notice (Form U5) disclosing that Davis had been terminated due to misconduct. According to the FINRA findings, Davis allegedly forged the signatures of three customers on insurance policy applications that he submitted on their behalf even though he was aware of the Firm’s written supervisory procedures which required a customer’s authentic signature. The findings also stated that the Internal Revenue Service filed two tax lien against him in the amount of $184,000 and failed to disclose them to the Firm or via an amended Form U4 within the thirty-day filing period. In addition to FINRA’s findings, Davis falsely attested that his Form U4 was updated to reflect all liens on two of his firm’s annual compliance questionnaires.  Article V, Section 2(c) of FINRA’s By-Laws requires that registered representatives keep their Form U4 “current at all times,” and that amendments to a Form U4 must be filed with FINRA “not later than thirty days of learning of the facts and circumstances giving rise to the amendment.” FINRA Rule 1122 prohibits associated persons from filing with FINRA information regarding registration “which is incomplete or inaccurate so as to be misleading, or which could in any way tend to mislead, or fail to correct such filing after notice thereof.” A violation of Article V, Section 2(c) of FINRA’s By-Laws and FINRA Rule 1122 also constitutes a violation of FINRA Rule 2010. Do you need a FINRA Securities Arbitration Attorney? Are you a Lubbock, Texas investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your Texas stockbroker or investment advisor forge your signature or alter information on account opening documents about your investment objectives, risk tolerance, or financial condition to make unsuitable recommendations or otherwise mismanage your investment account? If so, you will need to have representation from an experienced, highly rated, and nationally recognized FINRA arbitration securities forgery law attorney—an attorney who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration forgery cases and other complex legal issues.  Free Initial Consultation With Experienced Securities Account Forgery Attorneys Serving Lubbock, Texas 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 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. 

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Los Angeles, California Attorney Who Sues Stockbrokers For Selling Away (Selling Unauthorized Investments)

Did John Rosas Jaramillo Cause You Investment Losses? John Rosas Jaramillo of Los Angeles, California was fined $5,000, suspended for a period of five months, and ordered to pay $3,770.83 in deferred disgorgement of commissions received. The sanctions were based on findings that he allegedly participated in unapproved private securities transactions in violation of FINRA Rules 3280 and 2010. Without admitting or denying the alleged misconduct, John Rosas Jaramillo consented to the sanctions. The suspension is in effect from September 8, 2020, through February 7, 2021. In June 2008, John Rosas Jaramillo joined Western International Securities, Inc. and was registered as a General Securities Representative and Investment Company and Variable Contracts Products Representative. The firm later filed a Uniform Termination Notice (Form U5) in March 2020, disclosing that Jaramillo had been discharged due to misconduct. According to the FINRA findings, Jaramillo allegedly solicited and sold $250,000 in Woodbridge promissory notes to three investors without receiving approval from his firm. The findings also stated that Jaramillo received $8,770.83 in commissions from the transactions and had allegedly failed to disclose the fund by falsely attesting on annual compliance questionnaires as to whether he participated in private security transactions. Although John Rosas Jaramillo is no longer associated with a FINRA member, he remains subject to FINRA’s jurisdiction. FINRA Rule 3280(b) states, in relevant part, that “prior to participating in any private securities transaction, an associated person shall provide written notice to the member with which he is associated describing in detail the proposed transaction and the person’s proposed role therein and stating whether he has received or may receive selling compensation in connection with the transaction.” FINRA Rule 3280(e) defines generally a private securities transaction as any securities transaction outside the regular course or scope of an associated person’s employment with a member. FINRA Rule 2010 requires associated persons, in the conduct of their business, to observe high standards of commercial honor and just and equitable principles of trade. Do you need a California FINRA Securities Arbitration Attorney? Did your Los Angeles, California stockbroker or investment advisor recommend an investment that turned out to be an investment that was never reviewed or approved by their stockbrokerage firm employer? The stockbrokers who stoop to that level are usually insolvent or uncollectible. And so, the investor’s only recourse is against the brokerage firm employer. But stockbrokerage firms always claim ignorance of the stockbroker’s activities and deny liability for the sale of unauthorized investments which they call Selling Away as if that was an absolute defense. Not so! You will definitely need an experienced attorney who knows the securities laws and how to hold the stockbrokerage firm responsible for their employees Selling Away under legal principles of actual authority, apparent authority, estoppel and failure to supervise. If your attorney knows where to look he/she can often find Red Flags of the alleged unauthorized sales that the firm did not look for, missed, or saw and just ignored. Free Initial Consultation With  Experienced Ponzi Scheme Attorneys Representing Los Angeles, California 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 California, 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 California citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Oklahoma City, Oklahoma Securities Arbitration Attorneys Who Represent Investors

Did Jamie David Pope Cause You Investment Losses? Jamie David Pope, a former registered representative with Oklahoma City, Oklahoma-based Wilbanks Securities, Incorporated (Wilbanks) consented to, but did not admit to or deny, the entry of the Financial Industry Regulatory Authority’s (FINRA) sanction and findings that he converted a customer’s funds for his personal use. According to FINRA, Jamie Pope, of Winter Park, Florida, was allegedly provided with checks totaling $60,000 by a Wilbank’s customer for the express purposes of investing in one of Mr. Pope’s outside business activities and to purchase real estate in Montana. FINRA found that Mr. Pope represented to the investor customer that the entirety of the money would be used for the intended purposes. However, Mr. Pope deposited the funds into his personal checking account and converted at least $13,197 to pay for his personal expenses, according to FINRA’s findings. Consequently, Jamie Pope was permanently barred from association with any FINRA member in any capacity. Do You Need Securities Arbitration Attorneys Who Represent Investors? We are top rated securities arbitration attorneys and highly ranked lawyers by our peers in Martindale Hubble and Thomson Reuters SuperLawyers who represent investors in securities arbitrations conducted by the Financial Industry Authority (FINRA), American Arbitration Association (AAA) and JAMS alternative dispute resolution forums serving Oklahoma investors. This state has hundreds of stock brokerage firms and investment advisory offices.  With so many stock brokerage firms and investment advisor offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in all kinds of stockbroker misconduct which violates Federal and Oklahoma securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms’ policies and procedures.  Experienced Securities Arbitration Lawyers Who Handle FINRA, AAA Or JAMS Arbitrations Throughout Oklahoma And Nationwide. Are you an Oklahoma investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your Oklahoma 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 or otherwise mismanage your investment account? Depending upon the terms of your arbitration agreement you will need to have representation from an experienced, highly-rated and nationally recognized FINRA, AAA or JAMS arbitration securities law attorney—an attorney who knows the FINRA, AAA or JAMS rules and procedures inside and out and how to handle these FINRA, AAA or JAMS  arbitration cases and other complex legal issues.  By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in FINRA, AAA and JAMS arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and is one of the best securities arbitration attorney to recover your investment losses for all types of stockbroker misconduct in FINRA, AAA and JAMS arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors in all kinds of securities law and investment disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. We handle a wide range of practice areas such as fraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations.  Attorney Pearce and his staff represent investors throughout Oklahoma, 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 Free Initial Consultation With An Experienced FINRA, AAA and JAMS Securities Arbitration Attorneys Serving Oklahoma Residents The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced lawyers who successfully handle securities law matters and investment disputes in FINRA, AAA and JAMS arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case.  For dedicated representation by an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in FINRA, AAA and JAMS arbitrations serving Oklahoma citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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Carrollton, Ohio Securities Account Forgery Attorney

Did William Kerschbaumer Cause You Investment Losses? William Kerschbaumer, a broker formerly employed by the Carrollton, Ohio branch of Allstate Financial Services, LLC, submitted an AWC to FINRA for allegedly forging two customers’ signatures without their knowledge or consent. William Fredrick Kerschbaumer Jr. was found by FINRA to have forged the signatures of two customers on four documents which were related to their annuity investments. FINRA’s findings state that Mr. Kerschbaumer forged a customer’s signature on two variable annuity distribution forms and, approximately three months later, again forged the same customer’s signature on a letter requesting restoration of a rider to an annuity investment without the customer’s knowledge or consent. Further, FINRA found that Mr. Kerschbaumer forged the signature of a second customer on a letter to the firm requesting a distribution from the IRA account of the customer’s ex-husband, once again without the customer’s knowledge or consent. Consequently, FINRA assessed Mr. Kerschbaumer a deferred fine of $12,500 and suspended him from association with any FINRA member in any capacity for one year. Do You Need A Securities Account Forgery Attorney? Ohio 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 engage in forgery in opening your account and/or transferring cash and/or securities out of your account and all kinds of other stockbroker misconduct which violates Federal and Ohio securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Lawyers With Securities Account Forgery Claims In FINRA Arbitrations Throughout Ohio and Nationwide. Are you an Ohio investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your Ohio stockbroker or investment advisor forge your signature or alter information on account opening documents about your investment objectives, risk tolerance or financial condition to make unsuitable recommendations or otherwise mismanage your investment account? If so, you will need to have representation from an experienced, highly rated and nationally recognized FINRA arbitration securities forgery law attorney—an attorney who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration forgery cases and other complex legal issues.  By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience in forgery cases by practicing securities law on both sides of the table and handling forgery cases in FINRA arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle forgery cases—he aggressively represents investors and is one of the best attorneys to recover your investment losses resulting from forged documents to withdraw funds, allow unauthorized persons to access your accounts, to make unsuitable recommendations to appear suitable 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 securities law and investment forgery disputes in FINRA arbitration and mediation proceedings. We also handle a wide range of practice areas such as fraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations.  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 Free Initial Consultation With An Experienced Securities Account Forgery Attorneys Serving Ohio Residents In FINRA Arbitrations The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced attorneys who successfully handle securities account forgery 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 securities account related forgeries and all kinds of securities law and investment disputes serving Ohio citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. 

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