#missouri - Law Offices of Robert Wayne Pearce

Jan 15, 2021

St. Charles, Missouri Securities Arbitration Attorneys Who Represent Investors

Did John Burns Cause You Investment Losses? John Burns of St. Charles, Missouri submitted a Letter of Acceptance, Waiver and Consent (AWC) to the Financial Industry Regulatory Authority (FINRA) for allegedly engaging in a “pattern” of unauthorized and unsuitable trades. FINRA’s investigation found that while associated with UBS Financial Services, Inc. (UBS) and Ameriprise Financial services, Inc, (Ameriprise), Mr. Burns executed 100 unauthorized trades in 9 customer accounts. FINRA further alleged that Mr. Burns also conducted 50 unauthorized and unsuitable investments in the accounts of a senior couple. FINRA alleges that as a result of Mr. Burns’ unsuitable investment strategy the couple experienced $50,000 in losses. Without admitting or denying the FINRA findings, Mr. Burns agreed to the sanctions and was ordered to pay a $17,500 fine and suspended from association with any FINRA member for 14 months. Do You Need A 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 Missouri investors. This state has thousands 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 Missouri 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 Missouri And Nationwide. Are you a Missouri investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Missouri 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 Missouri, 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 Missouri 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 Missouri citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Dec 24, 2020

Saint Louis, Missouri FINRA 8210 Defense Lawyers

Did Cynthia Kay Parrott Cooney Cause You Investment Losses? You may have read that Cynthia Kay Parrott Cooney of Saint Louis, Missouri 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. In May 1990, Cynthia Kay Parrott Cooney joined Wells Fargo Advisors as an unregistered Client Associate. According to the findings, FINRA sent a request to Cooney to appear for an on-the-record testimony during an ongoing investigation. The findings stated that Cooney responded to FINRA in an email stating that she allegedly received, acknowledged, and refused to cooperate with the investigation. Although Cooney is no longer associated with a FINRA member, she remains subject to FINRA’s jurisdiction. FINRA Rule 8210(a)(1) states, in relevant part, that FINRA may require any “person associated with a member, or any other person subject to FINRA’s jurisdiction to testify at a location specified by FINRA staff with respect to any matter involved in the investigation.” 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.” Do You Need a Missouri FINRA Defense Lawyer? Unfortunately, Cynthia Kay Parrott 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 Saint Louis, Missouri 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 Missouri 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 Missouri citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889, or via e-mail.

Dec 23, 2020

St. Louis, Missouri Failure to Supervise Stockbroker Attorney

Did Stifel, Nicolaus & Company, Inc. Cause You Investment Losses? Stifel, Nicolaus & Company, Inc. (Stifel) of St. Louis Missouri submitted a Letter of Acceptance, Waiver and Consent to the Financial Regulatory Authority in which they were censured and fined $40,000. The sanctions were based on findings that they allegedly lacked a supervisory system in violation of Municipal Securities Rulemaking Board (MSRB) Rule G-27. In January 1936, Stifel became a FINRA member firm and registered with the Securities and Exchange Commission (SEC). Stifel currently has 4,950 registered representatives and 430 branch offices throughout Missouri and offers many aspects of the brokerage business. According to the FINRA findings, Stifel prohibited pre-arranged transactions but did not have a supervisory system or written supervisory procedures (WSP’s) in place to detect or prevent them. The findings stated that Stifel did not have exception reports, trade alerts, or any other supervisory mechanisms and solely relied on its supervisors to identify the transactions on their own. In addition, FINRA’s findings stated that a representative effected 56 pairs of pre-arranged transactions in several customers’ accounts which were not flagged for review. MSRB Rule G-27 (Rule G-27), entitled “Supervision,” sets forth the requirements of a municipal securities dealer to supervise its conduct regarding municipal securities activities to ensure compliance with applicable securities laws, regulations, and applicable MSRB Rules. Rule G-27(a) requires municipal securities dealers to supervise the conduct of the municipal securities activities of both the dealer and its associated persons. Rule G-27(b) requires municipal dealers to establish and maintain a supervisory system to supervise the municipal securities activities of all registered persons and associated persons. Rule G-27(c) requires municipal dealers to adopt, maintain, and enforce WSPs that are reasonably designed to ensure that the conduct of the municipal securities activities of the firm and its associated persons comply with applicable securities laws, regulations, and MSRB Rules. Do You Need a Missouri FINRA Securities Arbitration Attorney? Are you a St. Louis, Missouri investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Missouri 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 St. Louis, Missouri 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 Missouri, 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 Missouri citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.