Financial Advisor Rushton Leigh Ardrey III Barred
According to the Financial Industry Regulatory Authority (FINRA), the regulator has barred Boston advisor Rushton Leigh Ardrey III (CRD #1598393) from the securities industry for reportedly failing to respond to FINRA’s request for information in an investigation.
According to his FINRA Broker Check Report, Ardrey has been registered with 9 firms since his career began in the securities industry. He has 7customer complaints listed on his broker report; 2 are pending, 4 were settled and one was an award/judgement for “Unsuitable investments and strategy, negligence and gross negligence, breach of fiduciary duty, unauthorized trading, and churning.”
Investigating Potential Claims
The White Law Group is investigating the liability that Ardrey’s former employers may have for his alleged actions.
Brokerage firms are required to properly supervise their advisors. They must ensure that those advisors are complying with applicable FINRA rules and regulations. If it can be demonstrated that the firm failed to properly supervise Ardrey, the firm may be held responsible for investment losses in a FINRA arbitration claim.
If you have invested with Rushton Ardrey and are concerned about your investments, the securities attorneys at The White Law Group may be able to help you. For a free consultation with a securities attorney, please call our offices at 888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, please visit our website at http://www.whitesecuritieslaw.com.