DID CLAY W. SCHOLES CAUSE YOU INVESTMENT LOSSES?
Clay Scholes Of Pruco Securities And Formerly With J.P. Morgan Securities And Unionbanc Investment Services Has A Customer Complaint For Alleged Broker Misconduct
Who is Clay Scholes of Pruco Securities?
Clay Scholes (CRD #5724827) who is currently registered with Pruco Securities and located in Irvine, California is a subject of one of our many securities industry sales practice abuse investigations. Prior to Pruco Securities, Clay Scholes was associated with J.P. Morgan Securities, Unionbanc Investment Services and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Clay Scholes Customer Complaint
Clay Scholes has been the subject of at least one customer complaint that we know about, which was filed in the last year to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were regarding the purchase of an annuity contract. The client alleged that the annuity was not suitable for her and that the representative did not fully disclose all facts regarding charges, expenses and fees. Clay Scholes’ customer complaint was denied and, to date, the customer has not taken any further action.
Clay Scholes Red Flags & Your Rights As An Investor
Of course, Clay Scholes did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Clay Scholes at Pruco Securities, J.P. Morgan Securities, and Unionbanc Investment Services on alert to review carefully the activity and performance of their accounts and question whether Clay Scholes has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Pruco Securities, J.P. Morgan Securities, and Unionbanc Investment Services also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
File A Claim To Recover Your Investment Losses At Pruco Securities Due To Clay Scholes
If you have questions about Pruco Securities, J.P. Morgan Securities, Unionbanc Investment Services, and/or Clay Scholes and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.