Roger Duval, Pruco Securities, Bellevue, Washington
FINRA Reportedly Bars Roger Duval after Allegations of Converting Customer Funds
According to the public records from the Financial Industry Regulatory Authority (FINRA), on September 19, the regulator has reportedly barred Roger Allan Duval (Roger Duval) from associating with any FINRA member at any time.
According to a Letter of Acceptance Waiver and Consent (AWC), Duval allegedly converted approximately $130,000 from elderly customers for his own personal use. FINRA’s findings stated that “Duval convinced the elderly customers to establish and maintain brokerage accounts at a FINRA member firm, away from his employer member firms. Duval used the customers’ login credentials to access these accounts and wrote himself checks without their knowledge or authorization. Duval deposited these checks into his personal checking account and then transferred some of these funds into his personal brokerage account.”
According to his FINRA BrokerCheck report, Duval was registered with Pruco Securities in Bellevue, Washington from September 2018 until May 2019. Prior to that, he was reportedly affiliated with MML Investors Services in Spokane, Washington for one year. He spent ten years working for MSI Financial Services, Spokane, WA, according to his broker profile. He reportedly has two customer complaints filed against him, four judgments/liens, and two regulatory events on his broker record, according to FINRA.
Filing a Complaint against your Brokerage Firm
When brokers abuse client accounts or conduct transactions that violate securities laws, the brokerage firm they are working with may be liable for investment losses. 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.
If you are concerned about investments with Roger Allan Duval (Roger Duval), the securities attorneys of The White Law Group may be able to help you. For a free consultation with a securities attorney, please call 888-637-5510.
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