DID SAMUEL FREDERIK LEK CAUSE YOU INVESTMENT LOSSES?
Samuel Frederik Lek formerly with Lek Securities Corporation Has 2 Customer Complaints for Alleged Broker Misconduct in the Past 2 Years
Who is Samuel F. Lek formerly with Lek Securities Corporation?
Samuel Lek (CRD #1642936) who was formerly registered with Lek Securities Corporation and located in New York, New York is a subject of one of our many securities industry sales practice abuse investigations.
Prior to Lek Securities Corporation, Samuel Lek has associated with2other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Incredibly, Samuel Lek has been personally involved and 16 regulatory actions, 12, which are final, and 4 remain pending in various jurisdictions. The allegations have included: providing market access to foreign traders who engage in various forms of manipulative trading on U.S. equity and options exchanges, including, layering, spoofing, and cross-product manipulation.
The sanctions included permanent bars for trading penny stocks or any trading on the CBOE, Nasdaq, International Securities Exchange, and NYSE.
Lek Securities Corporation Broker Misconduct
In his career, Samuel Lek has been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last 2 years to recover investment losses.
Both customer complaints filed against Samuel Lek’s former employer Lek Securities Corporation for investment losses caused by his alleged misconduct or currently pending.
Allegations Against Samuel Lek
A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:
- The customer alleged violations of FINRA rules, 2010, 5310, 2150, and 3110 all of which are related to the manipulation allegations described above.
- The claimant alleged damages due to frozen funds, excessive fees, misrepresentation, and breach of contract related to penny stock transactions.
Samuel Lek Red Flags & Your Rights as An Investor
Of course, Samuel Lek 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 that should put all current and former customers of Samuel Lek at Lek Securities Corporation on alert to review carefully the activity and performance of their accounts and question whether Samuel Lek has engaged in any stockbroker misconduct that may have caused them investment losses.
A large number of customer complaints at Lek Securities Corporation also raises questions about its 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 Lek Securities Corporation
If you have questions about Lek Securities Corporation and/or Samuel Lek 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.