#kentucky - Law Offices of Robert Wayne Pearce

Jun 3, 2021

Hebron, Kentucky Mutual Fund Investment Dispute Lawyer

Did Angel Wynette Bardeche Cause You Investment Losses? Angel Wynette Bardeche of Hebron, Kentucky submitted a Letter of Acceptance, Waiver and Consent to the Financial Industry Regulatory Authority in which she was fined $10,000, ordered to pay $5,000 in disgorgement and suspended from association with any FINRA member for a period of nine months. The sanctions were based on findings that Bardeche allegedly made unsuitable recommendations and exercised discretionary trading in violation of NASD Rule 2510(b) and FINRA Rules 2111(a) and 2010. The suspension is in effect from January 19, 2021, through October 18, 2021. In August 2012, Angel Wynette Bardeche joined Ameriprise Financial Services. Inc. and became registered as a General Securities Representative. The firm later filed a Uniform Termination Notice (Form U5), disclosing that Bardeche had been terminated due to firm policy violations. According to FINRA’s findings, Bardeche allegedly engaged in an unsuitable strategy on 112 separate occasions when she recommended to 32 customers that they enter into unsuitable switching transactions that often-included short-term liquidations without having a reasonable basis to believe they were suitable. FINRA’s findings state that due to the unsuitable recommendations, the customers paid a total of $450,000 in sales charges. The findings further allege that Bardeche also exercised discretion by executing 109 transactions in eight customer accounts without prior authorization from the customers or her member firm. Although Angel Wynette Bardeche is no longer registered or associated with a FINRA member, he remains subject to FINRA’s jurisdiction. FINRA Rule 2111(a) requires that an associated person have a “reasonable basis to believe that a recommended transaction or investment strategy involving a security or securities is suitable for the customer(.)” A violation of FINRA Rule 2111 is also a violation of FINRA Rule 2010, which provides that a registered representative “shall observe high standards of commercial honor and just and equitable principles of trade.” Do You Need a Kentucky Mutual Fund Investment Dispute Attorney? Are you a Hebron, Kentucky investor who has suffered significant losses in your stock brokerage and investment accounts? Did your [State] stockbroker or investment advisor misrepresent or mislead you about a Mutual Fund investment or make an unsuitable recommendation that you invest in a Mutual Fund or otherwise mismanage your investment account? If so, you will need to have representation from an experienced, highly rated, and nationally recognized FINRA securities arbitration law attorney—an attorney who understands Mutual Fund investments and stockbroker abuses such as when they are making unsuitable investments in Class A, B, or C shares of other classes of mutual funds to increase their commissions, missing breakpoints to generate higher commissions, switching of mutual funds that are intended long term investments outside of a mutual fund family to generate more commissions for them. Free Initial Consultation With Experienced Mutual Fund Investment Lawyers Serving Hebron, Kentucky Residents In FINRA Arbitration Proceedings At The Law Offices of Robert Wayne Pearce, P.A. we represent investors in all kinds of securities, commodities, and investment law disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. Attorney Pearce and his staff represent investors throughout Kentucky, and across the United States on a CONTINGENCY FEE basis which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español For dedicated representation by Attorney Pearce with over 40 years of experience and success in all kinds of securities, commodities, and investment law disputes serving Kentucky citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Jan 8, 2021

Union, Kentucky Securities Account Forgery Attorney

Did Eric Ott Cause You Investment Losses? Eric Ott of Union, Kentucky submitted a Letter of Acceptance, Waiver and Consent (AWC) to the Financial Industry Regulatory Authority (FINRA) for allegedly forging a customer’s signature. FINRA alleged that while registered with MML Investors Services, LLC, Mr. Ott forged a customer’s signature on life insurance applications without the customer’s knowledge or consent. The FINRA investigators discovered that Mr. Ott had discussed the policies prior to the forgery but had not received consent to submit the applications. Upon submitting the applications, FINRA alleged the customer was unaware of the fraudulently obtained insurance policies and thereby violated FINRA Rule 2010. Mr. Ott was assessed a deferred fine of $15,000 and suspended for 13 months. Do You Need a Securities Account Forgery Lawyer? Kentucky has thousands of stock brokerage firms and investment advisory offices. With so many stock brokerage firms and investment advisory offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in forgery in opening your account and/or transferring cash and/or securities out of your account and all kinds of other stockbroker misconduct which violates Federal and Kentucky securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures. Experienced Lawyers With Securities Account Forgery Claims In FINRA Arbitrations Throughout Kentucky and Nationwide. Are you a Kentucky investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Kentucky stockbroker or investment advisor forge your signature or alter information on account opening documents about your investment objectives, risk tolerance or financial condition to make unsuitable recommendations or otherwise mismanage your investment account? If so, you will need to have representation from an experienced, highly rated and nationally recognized FINRA arbitration securities forgery law attorney—an attorney who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration forgery cases and other complex legal issues. By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience in forgery cases by practicing securities law on both sides of the table and handling forgery cases in FINRA arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle forgery cases—he aggressively represents investors and is one of the best attorneys to recover your investment losses resulting from forged documents to withdraw funds, allow unauthorized persons to access your accounts, to make unsuitable recommendations to appear suitable and all types of stockbroker misconduct in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors in all kinds of securities law and investment forgery disputes in FINRA arbitration and mediation proceedings. We also handle a wide range of practice areassuch asfraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations. Attorney Pearce and his staff represent investors throughout Kentucky, and across the United States on a CONTINGENCY FEE basis, which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español Free Initial Consultation With An Experienced Securities Account Forgery Attorneys Serving Kentucky Residents In FINRA Arbitrations The Law Offices of Robert Wayne Pearce, P.A. are highly experienced attorneys who successfully handle securities account forgery cases and other securities law matters and investment disputes in FINRA arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case. For dedicated representation by a lawyer with over 40 years of experience and success in securities account related forgeries and all kinds of securities law and investment disputes serving Kentucky citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Jan 8, 2021

Louisville, Kentucky Attorney Who Sues For Failure to Supervise Stockbroker

Did Carlos Benavidez Jr. Cause You Investment Losses? Carlos Benavidez Jr., a former representative with the Louisville, Kentucky branch of Waddell & Reed, consented to the FINRA findings that he exercised discretion in 80 customer accounts without the necessary prior written authorization from the customers or his member firm. According to FINRA, Carlos Benavidez Jr. exercised discretion in effecting hundreds of securities transactions in approximately 80 customer accounts. Further, FINRA found that Mr. Benavidez participated in the backdating of 26 customer notes in order to falsely reflect the date of the conversations with the customers. Mr. Benavidez did not have the written authorization from his customers to exercise discretion, nor had he received written approval from Waddell & Reed for discretionary trading in these accounts. Carlos Benavidez Jr. was suspended from association with any FINRA member in any capacity for two months and fined $10,000. Do You an Attorney Failure to Supervise a Stockbroker? Kentucky has thousands of stock brokerage firms and investment advisory offices. With so many stock brokerage firms comes the potential for a stock brokerage firm to fail to supervise its stockbrokers, financial advisors and investment advisors from engaging in misconduct which violates Federal and Kentucky securities laws and Financial Industry Regulatory Authority (FINRA) rules and the stock brokerage firm’s policies and procedures. Experienced Lawyers Who Handle Failure to Supervise Stockbroker Claims In FINRA Arbitrations Throughout Kentucky and Nationwide. Are you a Kentucky investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Kentucky stockbrokerage or investment advisory firm where you do business fail to supervise the stockbroker who recommended bad investments and otherwise mismanage your investment account? If so, you will need to hire an experienced, highly-rated and nationally recognized FINRA securities arbitration lawyer— an attorney who knows how to handle these failure to supervise cases as well as other complex legal issues. By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience with failure to supervise claims by practicing securities law on both sides of the table in FINRA arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and is one of the best lawyers to recover your investment losses due to a stockbrokerage or investment advisory firm’s failure to supervises its registered representatives in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors with failure to supervise claims and all kinds of securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areassuch asfraud and misrepresentation, breach of fiduciary duty, churning, theft, forgery, margin account abuse and unsuitable recommendations to purchase, sell or hold securities or recommend unsuitable investments strategies. Attorney Pearce and his staff represent investors throughout Kentucky, and across the United States on a CONTINGENCY FEE basis, which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español Free Initial Consultation With An Attorney Experienced In Failure to Supervise Stockbroker Disputes Serving Kentucky Residents In FINRA Arbitrations The Law Offices of Robert Wayne Pearce, P.A. are highly experienced lawyers who successfully handle failure to supervise claims and other securities law matters and investment disputes in Kentucky, and who work tirelessly to secure the best possible result for you and your case. For dedicated representation by an attorney with over 40 years of experience and success in failure to supervise and all kinds of securities law and investment disputes serving Kentucky citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.

Jan 8, 2021

Bowling Green, Kentucky FINRA Securities Arbitration Attorney

Did Joseph Hooper Cause You Investment Losses? Joseph Hooper, a former representative with Source Capital Group, Inc., of Bowling Green Kentucky, submitted an Offer of Settlement in which he was fined and suspended by FINRA for allegedly engaging in private securities transactions without notifying his member firm. Without admitting or denying FINRA’s findings, Joseph Scott Hooper consented to the sanctions and to the findings that, while serving as Director of Investor Relations for the iPractice Group, Inc., he participated in the sale of iPractice stock and was compensated for his participation in these private securities transactions. FINRA found that Mr. Hooper participated in eight private securities transactions which involved five investors and a total investment value of $500,000 for which Mr. Hooper received $62,500 and over 3.125 shares of iPractice stock as compensation. In violation of NASD Rule 3040 and FINRA Rule 2010, Mr. Hooper failed to notify Source Capital in writing of his participation in these private securities transactions. Consequently, Mr. Hooper was assessed a deferred fine of $5,000, suspended for five months from association with any FINRA member in any capacity, and required to pay $62,500, plus interest, in disgorgement of the commissions he received. Do You Need a FINRA Securities Arbitration Attorney? Kentucky has thousands of stock brokerage firms and investment advisory offices. With so many stock brokerage firms and investment advisor offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in all kinds of stockbroker misconduct which violates Federal and Kentucky securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures. Experienced Lawyers Who Handle Securities Claims In FINRA Arbitrations Throughout Kentucky and Nationwide. Are you a Kentucky investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Kentucky stockbroker or investment advisor, misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn, mismanage your investment account or engage in other kinds of stockbroker misconduct? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA securities arbitration attorney—a lawyer who knows FINRA rules and procedures inside and out and how to handle these FINRA arbitration cases as well as other complex legal issues. By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in FINRA arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and is one of the best attorneys to recover your investment losses for all types of stockbroker misconduct in FINRA arbitration proceedings! At The Law Offices of Robert Wayne Pearce, P.A., we represent investors in all kinds of securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas such as fraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations. Attorney Pearce and his staff represent investors throughout Kentucky, and across the United States on a CONTINGENCY FEE basis, which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award. Se habla español Free Initial Consultation With Experienced FINRA Securities Arbitration Lawyers Serving Kentucky Residents In FINRA Arbitration Proceedings The Law Offices of Robert Wayne Pearce, P.A. are highly experienced lawyers who successfully handle securities law matters and investment disputes in FINRA arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case. For dedicated representation by an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in FINRA arbitrations serving Kentucky citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.