FREE INITIAL CONSULTATION WITH ATTORNEYS WHO CAN HANDLE YOUR SECURITIES, COMMODITIES AND INVESTMENT PROBLEMS

The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities, commodities and investment law matters and constantly strives to secure the most favorable possible result. Mr. Pearce provides a complete review of your case and fully explains your legal options. The firm works to ensure that you have all of the information necessary to make a sound decision before any action is taken in your case.

For dedicated representation by a law firm with substantial experience in all kinds of securities, commodities and investment disputes, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. We may also be able to arrange a meeting with you at offices located in Boca Raton, Fort Lauderdale, Miami and West Palm Beach, Florida and elsewhere.

Sam Paolini formerly with Hornor, Townsend & Kent, Inc.

DID SAM PETER PAOLINI CAUSE YOU INVESTMENT LOSSES? Sam Paolini Of Hornor, Townsend & Kent, Inc. Has A Customer Complaint For Alleged Broker Misconduct Sam Paolini Customer Complaint Sam Paolini has been the subject of at least one customer complaint that we know about to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were the customer was pressured into purchasing a whole life insurance policy. The customer complaint is still pending. Sam Paolini Red Flags & Your Rights As An Investor Of course, Sam Paolini 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 Sam Paolini at Hornor, Townsend & Kent, Inc. on alert to review carefully the activity and performance of their accounts and question whether Sam Paolini has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Hornor, Townsend & Kent, Inc. 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. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Hornor, Townsend & Kent, Inc. Due To Sam Paolini If you have questions about Hornor, Townsend & Kent, Inc. and/or Sam Paolini 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.

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Ryan Malloch of Cetera Advisors LLC

DID RYAN L MALLOCH CAUSE YOU INVESTMENT LOSSES? Ryan Malloch Of Cetera Advisors LLC Has A Customer Complaint For Alleged Broker Misconduct Ryan Malloch Customer Complaint Ryan Malloch has been the subject of at least one customer complaint that we know about to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were for an unsuitable REITs investment. Cetera Advisors settled the customer dispute in favor of the investor. Ryan Malloch Red Flags & Your Rights As An Investor Of course, Ryan Malloch 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 Ryan Malloch at Cetera Advisors LLC on alert to review carefully the activity and performance of their accounts and question whether Ryan Malloch has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Advisors LLC 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. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Cetera Advisors LLC Due To Ryan Malloch If you have questions about Cetera Advisors LLC and/or Ryan Malloch 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.

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Ryan Taleghani of Morgan Stanley

DID RYAN K TALEGHANI CAUSE YOU INVESTMENT LOSSES? Ryan Taleghani Of Morgan Stanley And Formerly With Merrill Lynch, Pierce, Fenner & Smith Incorporated Has A Customer Complaint For Alleged Broker Misconduct Ryan Taleghani Customer Complaint Ryan Taleghani has been the subject of at least one customer complaint that we know about to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were for unauthorized trading. Merrill Lynch Pierce Fenner and Smith settled the customer complaint in favor of the investor. Ryan Taleghani Red Flags & Your Rights As An Investor Of course, Ryan Taleghani 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 Ryan Taleghani at Morgan Stanley and Merrill Lynch, Pierce, Fenner & Smith Incorporated on alert to review carefully the activity and performance of their accounts and question whether Ryan Taleghani has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Morgan Stanley and Merrill Lynch, Pierce, Fenner & Smith Incorporated also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Morgan Stanley Due To Ryan Taleghani If you have questions about Morgan Stanley, Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or Ryan Taleghani 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.

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Robert Davenport formerly with Girard Securities, Inc.

DID ROBERT STYLES DAVENPORT CAUSE YOU INVESTMENT LOSSES? Robert Davenport Formerly With Girard Securities, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct Robert Davenport Customer Complaints Robert Davenport has been the subject of 2 customer complaints that we know about to recover investment losses. One customer complaint was settled by United Capital Financial Advisors in favor of the investor. Girard Securities denied the other customer complaint and no further action was taken. Allegations Against Robert Davenport A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows: Robert Davenport Red Flags & Your Rights As An Investor Of course, Robert Davenport 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 Robert Davenport at Girard Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Robert Davenport has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Girard Securities, Inc. 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. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Girard Securities, Inc.  Due To Robert Davenport If you have questions about Girard Securities, Inc. and/or Robert Davenport 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.

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Robert Ford of Maxim Group LLC

DID ROBERT PATRICK FORD CAUSE YOU INVESTMENT LOSSES? Robert Ford Of Maxim Group LLC Has A Customer Complaint For Alleged Broker Misconduct Robert Ford Customer Complaint Robert Ford has been the subject of at least one customer complaint that we know about to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were the advisor did not follow instructions to liquidate the client’s entire portfolio in a timely manner. Maxim Group settled the customer complaint favorably with the investor. Robert Ford Red Flags & Your Rights As An Investor Of course, Robert Ford 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 Robert Ford at Maxim Group LLC on alert to review carefully the activity and performance of their accounts and question whether Robert Ford has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Maxim Group LLC 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. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Maxim Group LLC Due To Robert Ford If you have questions about Maxim Group LLC and/or Robert Ford 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.

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Paul Murphy of Calton & Associates, Inc.

DID PAUL WILLIAM MURPHY CAUSE YOU INVESTMENT LOSSES? Paul Murphy Of Calton & Associates, Inc. Has 3 Customer Complaints For Alleged Broker Misconduct Paul Murphy Customer Complaints Paul Murphy has been the subject of 3 customer complaints that we know about to recover investment losses. Two of the customer complaints were settled in favor of the investors by Calton and Associates and/or Newport Coast Securities in favor of the investors. The other customer complaint is still pending against Calton and Associates in a FINRA arbitration proceeding. Allegations Against Paul Murphy A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows: Paul Murphy Red Flags & Your Rights As An Investor Of course, Paul Murphy 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 Paul Murphy at Calton & Associates, Inc. on alert to review carefully the activity and performance of their accounts and question whether Paul Murphy has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Calton & Associates, Inc. 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. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Calton & Associates, Inc. Due To Paul Murphy If you have questions about Calton & Associates, Inc. and/or Paul Murphy 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.

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Niraj Bhanderi of Performance Trust Capital Partners, LLC

DID NIRAJ M BHANDERI CAUSE YOU INVESTMENT LOSSES? Niraj Bhanderi Of Performance Trust Capital Partners, LLC Has A Customer Complaint For Alleged Broker Misconduct Niraj Bhanderi Customer Complaint Niraj Bhanderi has been the subject of at least one customer complaint that we know about to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were the investment manager fraudulently overstated the value of customers holdings. The state court action in New York New York is still pending. Niraj Bhanderi Red Flags & Your Rights As An Investor Of course, Niraj Bhanderi 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 Niraj Bhanderi at Performance Trust Capital Partners, LLC on alert to review carefully the activity and performance of their accounts and question whether Niraj Bhanderi has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Performance Trust Capital Partners, LLC 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. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Performance Trust Capital Partners, LLC Due To Niraj Bhanderi If you have questions about Performance Trust Capital Partners, LLC and/or Niraj Bhanderi 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.

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What is the Difference Between Solicited & Unsolicited Trades?

Ideally, hiring a skilled broker takes some of the risk out of investing. Unfortunately, however, some brokers fail to act with the appropriate level of integrity. As an investor, it’s very important to understand the difference between solicited and unsolicited trades. The distinction has significant consequences on your ability to recover losses from a bad trade. What’s the Difference Between a Solicited and an Unsolicited Trade? The main difference between a solicited and unsolicited trade is: a solicited trade is a transaction that the broker recommends to the client. In contrast, an unsolicited transaction is one that the investor initially proposed to the broker. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. In regards to solicited trades, the broker is ultimately responsible for the consideration and execution of the trade because he or she brought it to the investor’s attention. The responsibility for unsolicited trades therefore lies primarily with the investor, while the broker merely facilitates the investor’s proposed transaction. Why does the Difference Between an Unsolicited and Socilited Trade Matters? The status of a trade as solicited or unsolicited is hugely important when an investor claims unsuitability. An investor who wants to recover losses may be able to do so if the broker is the one who initially suggests the transaction. Take the following example. You purchase $175,000 of stock in a new company. Shortly after the trade is complete, the stock loses nearly all its original value. As an investor, you will want to recover as much of that loss as possible. One way is to file a claim against your broker on the basis that the stock was an unsuitable investment. When you say that an investment was unsuitable, you are essentially saying that based on the information your broker had about you as an investor, the broker should not have made the trade in the first place. If the stock purchase was at your request—that is, it was unsolicited—then it’s unlikely you’d be able to hold your broker liable for your losses. After all, the trade was originally your idea.  IMPORTANT: If the stock was suggested to you as a good investment by your broker, however, then you may have an argument that you were pushed into a solicited trade that was not in your best interests. If this is the case, you would have a much stronger argument for holding your broker liable. What Is Suitability? The Financial Industry Regulatory Authority (FINRA) imposes rules on registered brokers to protect investors against broker misconduct. Under FINRA Rule 2111, brokers are generally required to engage in trades only if the broker has “a reasonable basis to believe that the recommended transaction or investment strategy involving a security or securities is suitable for the customer.” Whether an investment is suitable depends on diligent consideration of several aspects of a client’s investment profile, including: When a broker makes a trade without a reasonable basis for believing that the trade is suitable, the broker violates FINRA Rule 2111. Investors may then be able to recover losses from the broker, and FINRA may impose sanctions, suspension, or other penalties on the broker. Broker Obligations to Their Clients When a broker conducts a trade on behalf of an investor, the broker uses an order ticket with the details of the trade. Brokers mark these tickets as “solicited” or “unsolicited” to reflect the status of the trade. For the reasons explained above, this marking is very important. On one hand, it protects a broker from unsuitability claims following a trade suggested by the broker’s client. On the other, it provides an avenue to recover losses in the case of a solicited trade that turns out poorly. FINRA Rule 2010 covers properly marking trade tickets. This rule requires brokers to observe “high standards of commercial honor and just and equitable principles of trade” in their practice. If a broker fails to properly mark a trade ticket, that broker violates Rule 2010. As an investor, you should always receive a confirmation of any trades your broker conducts on your account.  FINRA has found that abuse of authority by mismarking tickets is an issue within the securities industry. The 2018 report found that brokers sometimes mismarked tickets as “unsolicited” to hide trading activity on discretionary accounts. If your broker feels the need to hide a trade from you, that trade is likely unsuitable. How to Protect Yourself Against Trade Ticket Mismarking Whether your account is discretionary or non-discretionary, and whether you’re new to investing or a skilled tycoon, you should always pay close attention to your investment accounts. Carefully review your trade confirmations to make sure that all trades are properly marked. If you find a mistake, immediately report it to your broker or the compliance department of their brokerage firm. It’s their job to correct these mistakes and make sure they don’t happen in the future. Negative or suspicious responses to a legitimate correction request are red flags that should not be ignored. If you discover your broker intentionally mismarking your trade tickets, contact an investment fraud attorney immediately. Can Litigation Finance Help Your Legal Case? Exploring Options for Investment Losses Caused by a Broker Litigation finance can help your legal case by providing financial support for legal fees and expenses. It allows you to pursue your claim without upfront costs and levels the playing field against well-resourced opponents. However, it’s important to carefully consider the costs, choose a reputable provider, and understand the terms of the funding agreement. Concerned About a Solicited Trade? The Law Offices of Robert Wayne Pearce, P.A., have been helping investors recover losses for over 45 years. We have extensive experience representing investors and have helped our clients recover over $175 million in total. If you’ve become the victim of unsuitable or fraudulent investing, we can help you. Contact us today or give us a call at 561-338-0037 for a free consultation.

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Michael Swenson formerly with Merrill Lynch, Pierce, Fenner & Smith Incorporated

DID MICHAEL PHILLIP SWENSON CAUSE YOU INVESTMENT LOSSES? Michael Swenson Formerly With Merrill Lynch, Pierce, Fenner & Smith Incorporated Has A Customer Complaint For Alleged Broker Misconduct Michael Swenson Customer Complaint Michael Swenson has been the subject of at least one customer complaint that we know about to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were failure to follow instructions of customer. Merrill Lynch Pierce Fenner and Smith settled the customer complaint in favor of the investor. Michael Swenson Red Flags & Your Rights As An Investor Of course, Michael Swenson 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 Michael Swenson at Merrill Lynch, Pierce, Fenner & Smith Incorporated on alert to review carefully the activity and performance of their accounts and question whether Michael Swenson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Merrill Lynch, Pierce, Fenner & Smith Incorporated 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. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Merrill Lynch, Pierce, Fenner & Smith Incorporated Due To Michael Swenson If you have questions about Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or Michael Swenson 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.

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Michael Denny formerly with The Tidal Group, Inc.

DID MICHAEL LYN DENNY CAUSE YOU INVESTMENT LOSSES? Michael Denny Formerly With The Tidal Group, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct Michael Denny Customer Complaints Michael Denny has been the subject of 2 customer complaints that we know about to recover investment losses. One of the customer disputes were settled by the Title Group in favor of the investor. Michael Denny’s former employer denied the other customer complaint and to date, the customer is not taken any further action. Allegations Against Michael Denny A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows: Michael Denny Red Flags & Your Rights As An Investor Of course, Michael Denny 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 Michael Denny at The Tidal Group, Inc. on alert to review carefully the activity and performance of their accounts and question whether Michael Denny has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at The Tidal Group, Inc. 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. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At The Tidal Group, Inc. Due To Michael Denny If you have questions about The Tidal Group, Inc. and/or Michael Denny 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.

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