January 2, 2020 Comments Off on Christopher A. Fernan Broker Investigation Blog, Current Investigations, Securities Fraud

Christopher A. Fernan Broker Investigation

Christopher A. Fernan Broker Investigation, featured by Top Securities Fraud Attorneys, The White Law Group

Financial Advisor Christopher A. Fernan, Salomon Whitney Financial in Melville, NY

Are you concerned about investments with Christopher A. Fernan in Melville, NY? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim.

According to the Financial Industry Regulatory Authority (FINRA) on May 22, 2017, Christopher A. Fernan was reportedly suspended from the securities industry after allegations from his member firm in connection with a purported loan from a customer.

According to his FINRA BrokerCheck report, Fernan was reportedly most recently affiliated with Salomon Whitney Financial in Melville, NY.

Fernan’s broker report indicates that 7 customer complaints have reportedly been filed against him during his career in the securities industry. Allegations include fraud, deceptive practices, breach of fiduciary duty, unsuitability, breach of contract, negligence, excessive trading, and churning, among others.

According to his broker report, although the suspension was lifted on September 20, 2017, Fernan is not currently registered as a broker.

 Investigating Potential Lawsuits

The White Law Group is investigating potential lawsuits regarding the liability that Fernan’s employers may have for failure to properly supervise him.

When brokers violate securities laws, such as making unsuitable investments, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration.

Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.

We represent investors in FINRA arbitration claims in all 50 states, including New York. Our attorneys have recovered millions of dollars from many brokerage firms in the past.

If you are concerned about your investments with Christopher A. Fernan, please call the securities fraud attorneys at The White Law Group at 888-637-5510 for a free consultation.

For more information on The White Law Group, and its representation of investors, please visit www.WhiteSecuritiesLaw.com.

 

 

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