Posts tagged ‘Texas’
Dallas, Texas Securities Fraud / Broker Fraud Attorney
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm.
The White Law Group has its offices in Chicago, Illinois and Boca Raton, Florida because of the obvious benefits of being located so close to the FINRA Dispute Resolutions offices in those cities (FINRA’s Southeast headquarters is located at Boca Center Tower 1, 5200 Town Center Circle, Boca Raton, FL 33486- less than one mile from our office, and FINRA’s Midwest headquarters is located at 55 West Monroe Street, Suite 2600, Chicago, IL 60603-1002- close to the firm’s Chicago office).
Having our offices located so close to FINRA’s regional headquarters has its advantages, particularly since all cases filed in the southeast portion of the United States are administered out of FINRA’s Boca Raton, Florida Dispute Resolution office, and all cases in the Midwest portion of the United States are administered out of FINRA’s Chicago, Illinois Dispute Resolution office.
Although located in Chicago, Illinois and Boca Raton, Florida, The White Law Group handles securities fraud cases throughout the country and Texas, including reviewing securities fraud cases in Dallas, Fort Worth, Arlington, Irving, Plano, Waco, Austin, and Houston. With over 30 years of securities law experience, including experience working at FINRA (f/k/a the NASD) and the SEC, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions. To contact The White Law Group, please call 312-238-9650. Or, for more information about The White Law Group or securities fraud, you can also visit our website at http://www.whitesecuritieslaw.com.
Trent Tremayne Hughes, formerly of Brewer Financial Services in Plano, Texas, suspended from FINRA.
FINRA recently announced that Trent Tremayne Hughes, formerly of Brewer Financial Services in Plano, Texas, has been fined $5,000 and suspended from association with any FINRA member in any capacity for three months. The sanctions were based on findings that Hughes falsified cash distribution forms totaling $232,752 to accommodate customers. The findings further stated that without his member firm’s knowledge or consent but with the customers’ consent, Hughes falsified the forms by reusing original signature pages from previously submitted forms, altered the dates on the forms, attached the altered signature pages to new cash distribution forms and then submitted the falsified forms to his firm for processing in violation of firm policy.
If you have questions regarding investments you made with Trent Tremayne Hughes or Brewer Financial Services, or if you believe that you have been the victim of a securities fraud, The White Law Group may be able to help. The White Law Group is a national securities fraud, securities arbitration and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida. The firm has over 30 years of experience reviewing securities fraud claims and handles matters throughout the country and Texas, including reviewing securities fraud cases in Plano, Dallas, Irving, Arlington, Fort Worth, and Carrollton. To contact the firm, please call 312-238-9650. Or, for more information on The White Law Group, please visit our website at http://www.whitesecuritieslaw.com.
Gary Robert Stremel, formerly of Citigroup Global Markets, Inc. in Houston, Texas, barred from FINRA for securities fraud violations.
FINRA recently announced that Gary Robert Stremel, formerly of Citigroup Global Markets, Inc. in Houston, Texas, has been barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Stremel consented to the entry of findings that he exercised discretion in a customer’s account without the customer’s written authorization or his firm’s (Citigroup) acceptance of the account as discretionary.
According to Gary Stremel’s FINRA Broker Report (CRD), FINRA’s investigation is not the first time that Stremel has been named in a claim related to securities fraud violations. His CRD indicates that he was also named in a customer complaint wherein the customer alleged that Stremel had recommended unsuitable investments.
Suitability is a common securities fraud claim. Financial advisors are required to follow the “Know Your Customer” Rule, and must recommend investments that are suitable in light of the customer’s age, investment experience, net worth, and investment goals.
Prior to working as a financial advisor with Citigroup Global Markets (n/k/a Morgan Stanley Smith Barney, Gary Stremel was a stockbroker for Dean Witter Reynolds, Inc.
If you have questions about investments you made with Gary Stremel or Citigroup Global Markets, or if you believe that you have been the victim of a securities fraud, the Law Offices of David A. Carter, P.A. may be able to help. The Law Offices of David A. Carter, P.A. is a South Florida securities fraud, securities arbitration, investor protection, and Chapter 7 bankruptcy law firm based in Boca Raton. David Carter is a securities attorney that reviews securities fraud cases throughout the country and Florida, including securities fraud cases in Galveston, San Antonio, Austin, New Orleans, Baton Rouge, Beaumont, and Shreveport. To contact the Law Offices of David A. Carter, P.A., please call 561-750-6999, or email us at contact@carterpa.com. For more information about the Law Offices of David A. Carter, P.A., you can also visit our website at www.carterpa.com.
Sheila Dawnell Dowling, formerly of Fidelity Brokerage Services, LLC in Keller, Texas, barred from securities industry by FINRA.
FINRA recently announced that Sheila Dawnell Dowling, formerly of Fidelity Brokerage Services, LLC in Keller, Texas, has been barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Dowling consented to the findings that she exercised discretion in a customer’s account, and effected transactions and electronic fund transfers primarily involving the purchase of small equity positions and the writing of covered calls against these positions. The findings further stated although Dowling had a power of attorney from the customer, her firm had not accepted the customer’s account as discretionary and the firm had denied Dowling trading authority over the customer’s account.
According to Crouse’s FINRA Broker Report (CRD), prior to working at Fidelity Brokerage Services, LLC, she had acted as a financial advisor at Lincoln Financial Advisors Corporation.
If you have questions about investments you made with Sheila Dawnell Dowling and Fidelity Brokerage Services, LLC, or if you believe that you have been the victim of a securities fraud, the Law Offices of David A. Carter, P.A. may be able to help. The Law Offices of David A. Carter, P.A. is a South Florida securities fraud, securities arbitration, investor protection, and Chapter 7 bankruptcy law firm based in Boca Raton. David Carter is a securities attorney that reviews securities fraud cases throughout the country and the Southwest, including in Dallas, Fort Worth, Arlington, Plano, Frisco, Norman, Waco, Abilene, Lubbock, Shreveport, and Austin. To contact the Law Offices of David A. Carter, P.A., please call 561-750-6999, or email us at contact@carterpa.com. For more information about the Law Offices of David A. Carter, P.A., you can also visit our website at www.carterpa.com.
Penson Financial Services, Inc., in Dallas, Texas, fined by FINRA for securities violations related to its sale of corporate bonds.
FINRA recently announced that Penson Financial Services, Inc. has been fined $38,000 and ordered to pay $22,663, plus interest, in restitution to customer, and required to revise its written supervisory procedures with respect to TRACE reporting requirements. Without admitting or denying the findings, Penson Financial Services consented to the findings that it sold or bought corporate bonds to or from customers and failed to sell or buy the bonds at a price that was fair, taking into consideration all relevant circumstances, including market conditions with respect to each bond at the time of the transaction, the expense involved and that the firm was entitled to a profit.
According to the Firms’ FINRA Broker Report (CRD), this fine is not the first time that Penson Financial Services has been implicated in a claim related to securities fraud. Penson Financial Services’ FINRA Broker Report reveals that the Firm has been named in at least 15 regulatory events related to securities violations, and has also been named in at least 15 arbitration cases regarding customer claims of securities fraud.
If you have questions about investments you made with Penson Financial Services, or if you believe that you have been the victim of a securities fraud, The White Law Group may be able to help.
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 Boca Raton, Florida. With over 30 years of securities law experience, including experience working at FINRA (f/k/a the NASD) and the SEC, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions.
For more information on The White Law Group, please visit our website at http://www.whitesecuritieslaw.com.