Anaheim, California FINRA 8210 Defense Lawyer

You may have read that Gautam Arora of Anaheim, California was permanently barred by the Financial Industry Regulatory Authority (“FINRA”) from working in the securities industry because he failed to comply with FINRA Rule 8210. Do You Need a FINRA 8210 Defense Attorney? In 2013, Gautam Arora joined Transamerica Financial Advisors and became registered as an Investment Company and Variable Contracts Product Representative. The firm later filed a Uniform Termination Notice (Form U5), disclosing that he had been terminated due to alleged misconduct. According to the findings, Arora allegedly solicited investors to participate in unapproved investments without approval from his firm. The findings state that FINRA then began an investigation and sent a request for Arora for documents and information. The findings further state that Arora responded to FINRA through email and a phone call, stating that he allegedly received, acknowledged, and refused to provide the requested documents. Although Gautam Arora is no longer associated with a FINRA member firm, he remains subject to FINRA’s jurisdiction. FINRA Rule 8210(a) 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 … in writing, or electronically … with respect to any matter involved in the investigation, complaint, examination or proceeding that is in such … person’s possession, custody or control.” FINRA Rule 8210(c) similarly provides that “[n]o member or 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, Gautam Arora 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 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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Irvine, California Stockbroker Fraud Attorney

Did Steven Michael Gribben Cause You Investment Losses? Steven Michael Gribben of Irvine, California submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which he was fined $7,500 and suspended from association with any FINRA member in all capacities for a period of three months. The sanctions were based on findings that he made negligent misrepresentations in violation of FINRA Rule 2010. The suspension was in effect from October 19, 2020, through January 18, 2021. In September 2017, Steven Michael Gribben joined Alpine Securities Corporation and became registered as an Investment Banking Representative. According to the FINRA findings, Gribben allegedly signed several transaction documents containing false statements, including that his member firm was not a broker or dealer in securities. The findings state that Gribben allegedly failed to properly read the claim purchase agreements before signing them to be submitted to the courts to obtain judicial confirmation that securities issued in exchange for the satisfaction of the claims would be deemed exempted securities. In addition, the misrepresentations could have impacted the court’s decision to approve instead of denying the exchanges and they made a false impression that Alpine was not timely paid for past work. Although Steven Michael Gribben is not currently registered or associated with any FINRA member firm, he remains subject to FINRA’s jurisdiction. FINRA Rule 2010 requires that FINRA member firms and their associated persons observe high standards of commercial honor and just and equitable principles of trade. Making a negligent misrepresentation or omission of a material fact to a court is a violation of FINRA Rule 2010. Do You Need a California FINRA Securities Arbitration Attorney? Are you an Irvine, California investor who has suffered significant losses your stock brokerage and investment accounts?  Did your California 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 an experienced, highly-rated and nationally recognized FINRA arbitration attorney — an attorney who knows FINRA rules and procedures and how to handle these FINRA arbitration cases as well as other complex legal issues.  Free Initial Consultation With Experienced Securities Misrepresentation and Stockbroker Fraud Attorneys Serving Irvine, California Residents in FINRA Securities 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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South Pasadena, California Securities FINRA Securities Arbitration Lawyer

Did RJJ Pasadena Securities Cause You Investment Losses? RJJ Pasadena Securities submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which the firm was censured, fined $5,000 and required to revise its WSP’s. The sanctions were based on findings that the firm allegedly failed to supervise one of their representatives in violation of NASD Rules 1021 and 1022 and FINRA Rules 1220, 3110, 2360, and 2010. Since 1980, RJJ Pasadena Securities has been a FINRA member firm and employs 5 registered representatives in Las Vegas, Nevada and South Pasadena, California. According to the FINRA findings, the firm had allegedly committed three supervisory violations by failing to enforce its own written supervisory procedures (WSP’s). The findings state that RJJ Pasadena violated its registration rules and allegedly allowed a registered representative to conduct their  own business without supervision by a properly registered principal. FINRA Rule 1220(a)(8)(A) and its predecessor, NASD Rule 1022(0, require every firm that engages in options transactions with the public to have at least one registered options principal. Those rules further require any person engaged in the supervision of options sales practices to be registered as an options principal. FINRA Rule 2360(b)(20)(A) requires that “[e]ach member that conducts a public customer options business shall ensure that its written supervisory system policies and procedures pursuant to Rules 3110, 3120 and 3130 adequately address the member’s public customer options business. NASD Rule 1021(d)(1) was in effect until October 1, 2018.3 The rule allowed a registered representative “whose duties [were] changed by the member so as to require registration in any principal classification” a period of 90 calendar days following the change in his or her duties to pass the appropriate qualification examination. The rule prohibited a representative from functioning in the principal classification beyond the initial 90 calendar-day period without having passed the appropriate qualification examination. Do You Need a California FINRA Securities Arbitration Attorney? Are you a South Pasadena, California investor who has suffered significant losses in your stock brokerage and investment accounts?  Did your California 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 South Pasadena, California 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 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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Laguna Beach, California Lawyer Who Sues Stockbrokers For Selling Away (Selling Unauthorized Investments)

Did David Allen Walters Cause You Investment Losses? David Allen Walters of Laguna Beach, California submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which he was assessed a fine of $5,000 and suspended from association with any FINRA member in all capacities for a period of four months. The sanctions were based on findings that he allegedly participated in private securities transactions in violation of FINRA Rules 3280 and 2010. The suspension is in effect from November 2, 2020, through March 1, 2021. In June 2017, David Allen Walters joined Advisory Group Equity Services under multiple registrations. The firm later filed a Uniform Termination Notice (Form U5) disclosing that Walters had been discharged due to alleged misconduct. According to the FINRA findings, Walters allegedly participated in four private securities transactions worth $450,000 without providing prior notice to his firm. The findings state that Walters served as executive chairman for the company that was invested in and although he disclosed the outside business activity to his firm, he stated that the source of its capital would be from personal assets rather than from the investors. In addition, while David Allen Walters did not receive any compensation, he remains subject to FINRA’s jurisdiction and sanctions. FINRA Rule 3280 requires that prior to “participating in any manner” in a private securities transaction, a person associated with a member firm shall provide written notice to his or her firm “describing in detail the proposed transaction and the person’s proposed role therein.” FINRA Rule 3280 defines a private securities transaction as “any securities transaction outside the regular course or scope of an associated person’s employment with a member.” A violation of FINRA Rule 3280 is also a violation of FINRA Rule 2010, which requires FINRA members and associated persons 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 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 Attorneys Representing Laguna Beach, 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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Bakersfield, California Attorney Who Sues Stockbrokers For Unsuitable Investment Recommendations

Did Cynthia Diane Cowden Cause You Investment Losses? Cynthia Diane Cowden of Bakersfield, California submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which she was barred form association with any FINRA member in all capacities. The sanction is based on findings that she allegedly provided false testimony and recommended unsuitable high-risk, speculative investments in violation of FINRA Rules 8210, 2111 and 2010. From January 2013 through August 2020, Cynthia Diane Cowden was associated with NPB Financial Group under multiple registrations. According to the FINRA findings, Cowden allegedly recommended unsuitable investments to three senior customers totaling $481,200. The findings state that the investments were unsuitable given the customers investment objective, circumstances, financial needs and the illiquidity and high-risk level exceeded their risk tolerance. In addition, the findings also state that Cowden allegedly provided false testimony regarding the investments during an on-the-record testimony to FINRA. Although Cynthia Diane Cowden is not currently registered or associated with a FINRA member firm, she remains subject to FINRA’s jurisdiction. FINRA Rule 2111(a) requires that firms and associated persons have a “reasonable basis to believe that a recommended transaction or investment strategy involving a security or securities is suitable for the customer, based on the information obtained through the reasonable diligence of the [firm] or associated person to ascertain the customer’s investment profile,” which includes “the customer’s age, other investments, financial situation and needs, tax status, investment objectives, investment experience, investment time horizon, liquidity needs, [and] risk tolerance.” A recommendation may also be unsuitable if it results in an undue concentration in a particular security or category of securities. FINRA Rule 2010 requires associated persons to observe “high standards of commercial honor and just and equitable principles of trade” in the conduct of their business. A violation of FINRA Rule 2111 is also a violation of Rule 2010. FINRA Rule 8210 requires member firms and associated persons to provide information and documents to FINRA during the course of an investigation. Do You Need a California FINRA Securities Arbitration Attorney? Are you a Bakersfield, California investor who has suffered significant losses in your stock brokerage and investment accounts?  Did they recommend unsuitable securities transactions or strategies? 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. Free Initial Consultation With Experienced Attorneys Serving Bakersfield, California Residents in FINRA Securities Arbitrations Involving Unsuitable Investment Claims 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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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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