April 10, 2018 Comments (0) Blog, Current Investigations, Securities Fraud

Bradley Freimark – Proequities Inc. – Securities Fraud Investigation

Bradley Freimark

Concerned about investment losses with Bradley Freimark?

Have you suffered losses investing with Bradley Freimark and Proequities, Inc.? If so, the securities attorneys at The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration against the brokerage firm that sold you the investment.

The White Law Group continues to investigate potential claims involving financial advisor Bradley Freimark and the liability his employer, Proequities, Inc., may have for failing to supervise him.

The firm recently filed a claim on behalf of an investor in Minnesota alleging claims for violation of common law fraud, breach of fiduciary duty, negligence, and negligent supervision.

The claim further alleges that Proequities, Inc. failed to perform the necessary due diligence on a high risk oil and gas investment, D&L Energy 2010 A LTD before recommending it to this particular investor.

The claim seeks damages between $50,000 and $100,000.

Further, it is alleged that Bradley Freimark was the financial advisor of record at the time of the investment recommendations.

According to FINRA Broker Check, Freimark has 25 customer complaints since 2011. Allegations include fraud, negligence, misrepresentation and unsuitable investments, among others. Freimark was registered with Proequities Inc. in Otsego, MN from March 2000 until August 2015.

Broker dealers are required to perform adequate due diligence on all investment recommendations to ensure that each investment recommendation that is made is suitable for the investor in light of the investor’s age, risk tolerance, net worth, financial needs, and investment experience.

Recovery of Investment Losses

If your broker recommends unsuitable investments and you lose money, you may be able to recover your losses by filing an arbitration claim with the Financial Industry Regulatory Authority (FINRA).

FINRA operates the largest securities dispute resolution forum in the United States, and has extensive experience in providing a fair, efficient and effective venue to handle a securities-related dispute.

If you are concerned about your investment losses with Bradley Freimark and Proequities, the securities attorneys at The White Law Group may be able to help you to recover your losses. Please contact the firm at 1-888-637-5510 for a free consultation.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. Please visit https://www.whitesecuritieslaw.com for more information.