Little Rock is a city in Pulaski County, Arkansas with scores of registered stock and commodities brokerage firms and investment advisory offices. With so many brokerage firms comes the potential for stockbrokers, financial advisors, and representatives who may engage in conduct which violates securities and commodities industry rules and procedures.
For example, Stephens, Inc. based out of Little Rock Arkansas, submitted a letter of Acceptance, Waiver, and Consent (AWC) in which it was censured and fined $900,000 by FINRA for failing to adequately supervise the content and dissemination of “flash” emails, along with the securities trading in connection with the content of these emails. According to Stephens, the use of “flash” emails was to provide a means of sharing publicly available information, such as press releases and earnings calls, with the firm’s sales personnel who would then share the publicly available information to interested clients. However, FINRA found that from at least August 2013 through January 2016, Stephens, Inc. failed to properly supervise the content and dissemination of these flash emails, thereby creating the risk that they could potentially contain nonpublic information that could be misused by sales and trading staff. FINRA found Stephens, Inc. representatives sometimes forwarded flash emails which were marked for internal use only to customers. Stephens representatives were also found to have cut and pasted the text of an internal only flash email to firm customers. The firm consented to the sanctions and agreed to additional remedial actions such as discontinuing the distribution of the flash emails and submitting a written plan of how it will review the adequacy and implementation of its policies and procedures related to the aforementioned supervisory violations.Representing Clients in Little Rock, Throughout Arkansas and Nationwide
Are you a Little Rock-based investor who has had significant losses in your investment accounts? Did your Little Rock investment advisor make unsuitable recommendations or otherwise mismanage your investment account? Are you a stockbroker, commodities broker, financial advisor or individual from the Little Rock area who is the subject of a government or industry regulatory investigation or lawsuit? If so, you will need to have representation from an experienced, highly rated and nationally recognized securities and commodities law attorney—an attorney who knows how to handle these complex legal issues. By hiring an attorney with over 40 years of experience practicing securities and commodities law on both sides of the table, you will clearly see that Attorney Pearce doesn’t just handle cases—he represents clients!
At The Law Offices of Robert Wayne Pearce, P.A., we represent clients on all sides of securities and commodities law and investment disputes in courtroom litigation, arbitration and mediation proceedings, and in 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 clients in Little Rock, throughout Arkansas, and across the United States.
Attorney Pearce is a highly respected Little Rock investors rights advocate, known as a fierce and tireless litigator throughout Arkansas and nationwide. Read his Investors Rights Blog and see the knowledge that can only be gained from over 40 years of legal experience. As your stockbroker, commodities broker, and investment fraud dispute lawyer, Mr. Pearce knows all of the available options for your case and will pursue them vigorously to secure the best possible outcome for you and your case. He has earned the distinguished AV Preeminent peer rating through Martindale-Hubbell, the highest rating possible, and he is one of Thomson Reuters Florida Super Lawyers for Securities Litigation.
Attorney Pearce has won numerous million-dollar awards and settlements for his clients, earning him membership in The Million Dollar Advocates Forum and The Multi-Million Dollar Advocates Forum as one of the Top Trial Lawyers in America TM.Experienced SEC, CFTC, FINRA and FL-OFR Defense Trial Lawyer Serving All of Arkansas
The United States Securities and Exchange Commission (SEC), the United States Commodity Futures Trading Commission (CFTC), the Financial Industry Regulatory Authority (FINRA), and Florida Office of Financial Regulation (FL-OFR) have filed many disciplinary actions and/or complaints against Little Rock-based stockbrokers, financial advisors and/or representatives.
Attorney Pearce’s trial lawyer defense skills are highly regarded in Little Rock, throughout Arkansas and across the nation. He began his career with the United States Securities and Exchange Commission (SEC) in 1980. Thereafter he moved to Fort Lauderdale and has expanded his nationwide SEC defense law practice to include commodities law and the defense of United States Commodity Futures Trading Commission (CFTC) and Florida Office of Financial Regulation (FL-OFR) investigations and enforcement proceedings, including registration issues, expungement proceedings, and Form U-5 abuses and defamation.
Attorney Pearce is one of the few attorneys who has not only single handedly beat the SEC's team of lawyers, but recovered his clients' attorney fees and litigation costs incurred in the defense of the government's flawed investigation and enforcement action.Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Little Rock, Arkansas Residents
The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities and commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case. Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options. The entire law firm works to ensure that you completely understand the ins and outs of the legal process to give you complete peace of mind knowing that you have chosen the best possible representation for your case.For dedicated representation by a law firm with over 40 years of experience and success in all kinds of securities and commodities law and investment disputes serving Little Rock citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.