La Crescenta, California FINRA 8210 Defense Lawyer

You may have read that Jenna Kang of La Crescenta, California was permanently barred by the Financial Industry Regulatory Authority (“FINRA”) from working in the securities industry because she failed to comply with FINRA Rule 8210 and 2010.   In July 2016, Jenna Kang joined AXA Advisors and became registered as a General Securities Representative. The firm later filed a Uniform Termination Notice (Form U5) in April 2020, disclosing that Kang had been terminated due to alleged misconduct. According to the findings, FINRA sent a request to Kang for documents and information during an investigation into whether she forged customer signatures. The findings state that Kang responded to FINRA during a phone call stating that she allegedly received, acknowledged, and refused to cooperate with the investigation. Although Jenna Kang is no longer registered or associated with a FINRA member firm, she remains subject to FINRA’s jurisdiction. Do You Need a FINRA 8210 Defense Attorney? FINRA Rule 8210(a)(1) states, in relevant part, that FINRA may “require a person associated with a member, or any other person subject to FINRA’s jurisdiction, to provide information orally, in writing, or electronically with respect to any matter involved in [a FINRA] investigation.” FINRA Rule 8210(c) states that “no person shall fail to provide information pursuant to this Rule.” A violation of FINRA Rule 8210 is also a violation of FINRA Rule 2010, which requires associated persons, in the conduct of their business, to “observe high standards of commercial honor and just and equitable principles of trade.” Unfortunately, Jenna Kang might have avoided that FINRA 8210 bar from the securities industry with a skilled and experienced FINRA 8210 defense attorney. It is important, early on, to have a FINRA defense attorney advise you on how not to make matters worse and resolve the dispute with the least amount of sanctions which could range from censures to fines, suspensions, permanent bars, and/or referrals to federal or state prosecutors. You will need an experienced FINRA defense lawyer who not only has knowledge of FINRA rules and procedures, the securities laws and the appropriate sanction for the alleged misconduct but also has an excellent reputation and credibility with the FINRA attorneys to negotiate the best outcome. Free Initial Consultation With FINRA 8210 Defense Attorney Serving Financial Advisors Throughout La Crescenta, California And Nationwide The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in FINRA securities law matters and works tirelessly to secure the best possible result for you and your case.  Attorney Pearce’s FINRA defense skills are highly regarded throughout California and across the nation.  For dedicated representation by an attorney with over 40 years of experience and success in all kinds of FINRA 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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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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San Francisco, California Failure to Supervise Stockbroker Attorney

Did SeedChange Execution Services Inc. Cause You Investment Losses? SeedChange Execution Services Inc. of San Francisco, California was censured and fined $15,000 for allegedly failing to establish, maintain and enforce their supervisory system and written supervisory procedures as to whether their registered representatives proposed outside business activities or constituted outside securities activities. Due to the misconduct, the firm was in violation of FINRA Rules 3110, 3270, and 2010. Since 2013, SeedChange has been a FINRA member firm and employs approximately 20 registered representatives. According to the FINRA findings, from November 2017 to March 2018, SeedChange had allegedly failed to properly evaluate a registered representatives disclosed outside business activity. The findings stated that the representative raised approximately $525,000 for the investment fund and received a management fee for his work. FINRA stated that although SeedChange was aware of the representatives activities, they did not have any written supervisory procedures to evaluate any factors to determine certain restrictions, prohibit outside business activities or whether it should have been treated as an outside business activity. FINRA Rule 3110(a) requires firms to establish and maintain a system to supervise the activities of registered persons. FINRA Rule 3110(b) requires firms to establish, maintain, and enforce written procedures to supervise the types of businesses it engages in and the activities of its registered persons. Both the supervisory system and the written procedures must be reasonably designed to achieve compliance with applicable rules. FINRA Rule 3270 prohibits registered persons from engaging in any outside business activities unless they provide prior written notice to the member firm. Do you need a California FINRA Securities Arbitration Attorney? Are you a San Francisco, California investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your California stock brokerage 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 attorney—a lawyer who knows how to handle these failure to supervise cases as well as other complex legal issues.  Free Initial Consultation With Attorneys Experienced In Failure to Supervise Stockbroker Disputes Serving San Francisco, 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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Irvine, California Lawyer Who Sues Stockbrokers For Selling Away (Selling Unauthorized Investments)

Did  Tony A. Kassaei Cause You Investment Losses? Tony A. Kassaei of Irvine, California submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which he was barred from association with any FINRA member in all capacities. The sanction was based on findings that he participated in undisclosed and unapproved private securities transactions and failing to comply with requests from FINRA in violation of  NASD Rule 3040 and FINRA Rules 8210 and 2010. In 2009, Tony A. Kassaei joined J.P. Turner & Company LLC and was registered as a General Securities Principal and General Securities Representative. The firm later filed a Uniform Termination Notice (Form U5) due to misconduct. According to the FINRA findings,  Kassaei participated in at least 11 investors’ securities transactions without his firms approval, totaling at least $2.6 million. The findings stated that the investors lost a total of $1.3 million while Kassaei was compensated for soliciting and facilitating these private securities transactions. In addition to the findings, FINRA began an investigation regarding Kassaei’s  involvement in the transactions and sent a request for information and an on-the-record testimony, which he initially appeared for but refused to answer or reappear for further questioning. Although Kassaei is no longer registered or associated with a FINRA member firm, he remains subject to FINRA’s jurisdiction. NASD Rule 3040 prohibits associated persons from participating “in any manner” in private securities transactions outside the regular course or scope of their employment unless they first provide written notice to the member firm with which they are associated. The written notice must describe in detail the proposed transaction, the person’s proposed role in the transaction, and whether the person has received or may receive selling compensation in connection with the transaction. Associated persons who violate NASD Rule 3040 also violate FINRA Rule 2010, which requires associated persons to observe high standards of commercial honor and just and equitable principles of trade. FINRA Rule 8210(a)(1) states in relevant part that FINRA has the right to “require a person associated with a member, or any other person subject to FINRA’s jurisdiction to provide information orally, in writing, or electronically and to testify at a location specified by FINRA staff, with respect to any matter involved in the investigation[.]” FINRA Rule 8210(c) provides that “[n]o member or person shall fail to provide information or testimony or to permit an inspection and copying of books, records, or accounts pursuant to this Rule.” Do you need a California FINRA Securities Arbitration Attorney? Did your 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 Lawyers Representing Irvine, 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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Fort Bragg, California Securities Account Theft Lawyer

Did Bradley Everett Gardner Cause You Investment Losses? Bradley Everett Gardner of Fort Bragg, California submitted a Letter of Acceptance, Waiver and Consent (AWC) in which he was prohibited by the Financial Industry Regulatory Authority (FINRA) for allegedly converting customer funds in violation of FINRA Rules 2150(a) and 2010. Bradley Gardner joined LPL Financial LLC as a General Securities Representative in February 2012.  FINRA’s findings stated that the firm, in a Form U5, reported Mr. Gardner’s voluntary resignation relating to allegations that he accepted a client check made payable to himself.  According to FINRA, Mr. Gardner allegedly told his customer she could pre-pay her fees at a discounted rate if she wrote a check payable to him in the amount of $7,400.  FINRA also found that when the customer complied, he deposited the check into his personal bank account for his benefit.  When the firm discovered this transaction, Mr. Gardner reimbursed the customer the $7,400 and was terminated. Bradley Everett Gardner did not admit to or deny FINRA’s findings and was barred from associating with any FINRA member in all capacities. Do You Need A California Securities Account Theft Lawyer? California 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 transfer cash and/or securities out of your account, that is steal or commit theft and all kinds of other stockbroker misconduct which violates Federal and California securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Attorneys With Securities Account Theft Claims In FINRA Arbitrations Throughout California and Nationwide. Are you a California investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your California 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 arbitration securities 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 lawyer like Robert Wayne Pearce with over 40 years of experience with securities account theft claims by practicing securities law on both sides of the table and handling theft cases in FINRA arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle theft cases—he aggressively represents investors and is one of the best lawyers to recover your securities account losses resulting from theft 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 theft 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 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 Free Initial Consultation With An Experienced Attorney Handling Securities Account Theft Cases Serving California Residents in FINRA Arbitrations The Law Offices of Robert Wayne Pearce, P.A. are highly experienced attorneys who successfully handle securities account theft 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 thefts and all kinds of securities law and investment 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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Carlsbad, California Securities Arbitration Lawyers Who Handle Ponzi Scheme Cases

Did Sunil Sharma Cause You Investment Losses? Former Carlsbad, California broker Sunil Sharma plead guilty to wire fraud charges in Federal court. According to the U.S. Attorney Office (USAO), Mr. Sharma admitted that he stole $6 million from investors by misrepresenting that he was making conservative investments when he actually was pursuing a risky day trading strategy. Mr. Sharma allegedly organized a massive Ponzi scheme in which he used money from new investors to pay an earlier investor’s returns. Ponzi schemes invariably fall apart when markets deteriorate or when the schemer is unable to raise more cash. Mr. Sharma admitted to diverting approximately $2.5 million of investors’ funds for his own personal benefit, including a down payment on a house, a cruise, and leasing expensive cars. The former Merrill Lynch and Raymond James broker, Sunil Sharma, faced 20 years in prison and possible fines and restitution. Do You Need A California Securities Arbitration Lawyers Who Handle Ponzi Scheme Cases? California 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 investments in Ponzi Schemes and engage in all sorts of misconduct which violates Federal and [State] securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Securities Attorneys Who Represent Investors Caught In Ponzi Schemes In FINRA Arbitrations Throughout California and Nationwide. Did your California stockbroker or investment advisor recommend an investment that turned out to be an investment in a Ponzi Scheme like the ones allegedly run by GPB Capital Holdings or EquiAlt? Generally, these investments are not vetted by your stockbrokers or investment advisor’s employer. The brokerage firms always deny liability for these unauthorized investments. And so, you definitely need an experienced attorney knowledgeable of FINRA rules and procedures to handle these FINRA arbitration cases involving Ponzi Scheme investments and other complex legal issues.  By hiring a top rated securities arbitration lawyer 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 aggressively represents investors and is one of the best lawyers to help you recover your Ponzi Scheme investment losses from stockbrokers, investment advisors and their employers in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors not only in Ponzi Scheme cases but 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 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 Free Initial Consultation With An Experienced Ponzi Scheme Lawyer Representing California Residents in FINRA Arbitrations The Law Offices of Robert Wayne Pearce, P.A. are highly experienced lawyers who successfully handle Ponzi Scheme and other securities investment cases 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 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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Pacifica, California Securities Attorney For Variable Annuities Investment Disputes

Did John Hudnall Cause You Investment Losses? John Hudnall of Pacifica, California was named a Respondent in a FINRA complaint that alleged he participated in undisclosed and/or unapproved outside business activities while associated with FINRA member firm BancWest and U.S. Bancorp. FINRA alleged that Mr. Hudnall, made unapproved and undisclosed financial sales promotions to firm customers, recommended and sold an unsuitable variable annuity product and provided false information in response to FINRA information requests. FINRA’s investigators also alleged that in connection with an undisclosed securities transaction in May 2012, Mr. Hudnall artificially split a customer’s $400,000 REIT investment into two parts and submitted only the smaller part ($40,000) to his firm for supervisory review and approval generating himself $25,000 in ill-gotten commissions. Additionally, FINRA found that Mr. Hudnall implemented a system in which he offered and paid monetary incentives to two customers from his own personal funds to incentivize clients to hold their fixed annuity contracts for longer periods of time enabled Mr. Hudnall to retain commissions he would have lost had the customer opted out. The Department of Enforcement of FINRA has requested findings of fact and conclusions of law that Mr. Hudnall committed the violations charged and alleged within the complaint and has ordered that one or more of the sanctions provided under FINRA Rule 8310(a) be imposed. Do You Need A California Securities Attorney For Variable Annuities Investment Disputes? California 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 make unsuitable recommendations and  misrepresent and/or  mislead investors about the risks of owning variable annuities, their features including surrender fees before investing in Variable Annuities and engage in all kinds of stockbroker misconduct which violates Federal and California securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Lawyers With Claims by Investors Who Purchased Variable Annuities In FINRA Arbitrations Throughout California and Nationwide. Are you a California investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your California stockbroker or investment advisor misrepresent or mislead you about a Variable Annuity investment or make an unsuitable recommendation that you invest in a Variable Annuity or otherwise mismanage your investment account? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration lawyer — an attorney who understands these highly complex and risky Variable Annuity investments. 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 attorney like Robert Wayne Pearce with over 40 years of experience with variable annuities 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 Variable Annuity investment losses 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 Variable Annuities and securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areassuch asfraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations of Index Annuities.  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 Free Initial Consultation With An Experienced Variable Annuities Investment Attorney Serving California Residents In FINRA Arbitration Proceedings The Law Offices of Robert Wayne Pearce, P.A. are highly experienced attorneys who successfully handle Variable Annuities 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 representing investors who were sold Variable Annuities and all kinds of securities and investments 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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Irvine, California Attorney Who Sues For Failure to Supervise Stockbroker

Did Robert Lansing Hicks Cause You Investment Losses? Finance 500, Inc. of Irvine, California, and Robert Lansing Hicks submitted a Letter of Acceptance, Waiver and Consent (AWC) to FINRA for allegedly failing to establish and implement an anti-money laundering (AML) program. FINRA found that between 2005 and 2014, Robert Hicks, who was Finance 500’s owner President, Chief Executive Officer, Chief Compliance Officer and designated Anti-Money Laundering Compliance Officer, and Finance 500, failed to implement and enforce adequate supervisory policies in order to oversee the market making activities of low-priced stocks, sales of unregistered low-priced securities, the review and retention of emails, and the implementation and delegation of supervisory responsibilities. FINRA found the firm’s daily trade blotter captured the equity transactions, but failed to capture any information about the customer. Moreover, FINRA found that Finance 500 opened at least 300 accounts without properly verifying the account holders’ identities, a violation of proper compliance with the firm’s Customer Identification Program (CIP). Without admitting or denying the FINRA findings, Finance 500 and Robert Hicks agreed to the FINRA sanctions in which the firm was censured and fined $400,000, of which $25,000 is joint and several with Mr. Hicks. Mr. Hicks was also suspended from association with any FINRA member in any principal capacity for nine (9) months. California 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 California 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 California and Nationwide. Are you a California investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your California stock brokerage 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.  Do You Need A California Attorney Who Sues For Failure to Supervise Stockbroker? 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 stock brokerage 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 asfraud 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 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 Free Initial Consultation With An Attorney Experienced In Failure to Supervise Stockbroker Disputes Serving California 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 California, 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 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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Anaheim, California Failure to Diversify Securities Account Attorney

Did Charles Frieda Cause You Investment Losses? Charles Frieda, a former registered representative with Wells Fargo Clearing Services, LLC (f/k/a Wells Fargo Advisors, LLC), submitted a Letter of Acceptance, Waiver and Consent (AWC) in which he was prohibited by the Financial Industry Regulatory Authority (FINRA) for making recommendations in an investment strategy which was over-concentrated in energy-sector securities and not suitable for his clients.  FINRA determined that Mr. Frieda’s unsuitable recommendations resulted in millions of dollars in losses to his clients. According to FINRA, Charles Henry Frieda (and another Wells Fargo representative) recommended to more than 50 customers an over-concentration of energy-sector securities, some of which were speculative.  Due to the speculative nature of the energy-sector securities, the volatility of the energy market, and the highly over-concentrated levels in the clients’ accounts, Mr. Frieda exposed his customers to significant losses.  FINRA found, Mr. Frieda did not properly consider his customers’ investment profiles, which includes their investment experience, risk tolerance, investment time horizon, net worth, and liquidity needs.  Even when the energy market downturned, Mr. Frieda continued to make unsuitable recommendations that his clients adhere to his investment strategy.  As a result, Mr. Frieda’s customers suffered millions of dollars in aggregate losses. Without admitting FINRA’s findings, Charles H. Frieda of Anaheim, California was barred from association with any FINRA member in all capacities. California 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 mismanage securities and other investment accounts by failing to employ sound asset allocation and diversification investment principles and engage in all sorts of misconduct which violates Federal and California securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Lawyers Who Handle Over-Concentration Of Securities Claims In FINRA Arbitrations Throughout California and Nationwide. Are you a California investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your California stockbroker or investment advisor over-concentrate your securities account investments in a single asset class of only equities, fixed income or real estate investments like REITs? Did your stockbroker or investment advisor only recommend that you invest in one sector like the oil and gas or one geographic area like Puerto Rico? The failure to diversify and over-concentration of accounts in any single asset class or one type of investment sector or geographic area can lead to a disaster if the one asset class, sector or area collapses.  If so, you will need to have representation from an experienced, highly rated and nationally recognized FINRA arbitration securities law attorney—an attorney who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases involving the failure to diversify and over-concentration of accounts in one asset class, sector or geographic area and other complex legal issues.  Do You Need A California Failure to Diversify Securities Account Attorney? 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 over-concentration of securities in  accounts and other investment mismanagement cases—he aggressively represents investors and is one of the best lawyers  to recover your investment losses for the failure to diversify investments in your account and all types of stockbroker misconduct in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors not only in securities over-concentration cases but 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 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 Free Initial Consultation With An Attorney Experienced In Failure to Diversify Investment Claims Serving California Residents In FINRA Arbitration Proceedings The Law Offices of Robert Wayne Pearce, P.A. are highly experienced lawyers who successfully handle claims against stockbrokers for failure to diversify securities accounts and over-concentration of any investment in any account but other securities account mismanagement cases 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 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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Ladera Ranch, California Securities Account Mismanagement Attorney

Did Jeffery Scheinbner Cause You Investment Losses? Jeffery Scheinbner, a former stockbroker with Financial Industry Regulatory Authority (FINRA) member firm Accelerated Capital Group (ACG) submitted a Letter of Acceptance, Waiver and Consent (AWC) for allegedly making unauthorized mutual fund exchanges without customers’ approval. FINRA found Mr. Scheinbner of Ladera Ranch, California exchanged over 300 mutual fund positions across 36 accounts. FINRA alleged Mr. Scheinbner executed these transactions without prior customer authorization or discretionary authority. Without admitting or denying the FINRA findings, Mr. Scheinbner agreed to the sanctions for which he was fined $5,000 and suspended from association with any FINRA member in any capacity for three months. California 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 mismanage securities and other investment accounts and engage in all sorts of misconduct which violates Federal and California securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.  Experienced Lawyers For Securities Account Mismanagement Claims In FINRA Arbitrations Throughout California and Nationwide. Are you a California investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your California stockbroker or investment advisor obtain discretionary authority or just take control of and mismanage your investment account? If so, you will need to have representation from an experienced, highly rated and nationally recognized FINRA arbitration securities law attorney—an attorney who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases involving mismanagement of accounts and other complex legal issues.  Do You Need A California Securities Account Mismanagement Attorney? By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience handling securities account mismanagement 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 securities account and other investment mismanagement cases—he aggressively represents investors and one of the best attorneys to recover your investment losses for mismanagement of your account and all types of stockbroker misconduct in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors not only in securities account mismanagement cases but 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 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 Free Initial Consultation With An Experienced Securities Account Mismanagement Attorney Serving California Residents In FINRA Arbitrations The Law Offices of Robert Wayne Pearce, P.A.  are highly experienced lawyers who successfully handle securities account and other investment account mismanagement cases but 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 all kinds of securities law and investment disputes in FINRA arbitrations 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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