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According to investment bank Robert A. Stanger & Co. Inc., January nontraded REIT sales to retail investors totaled just $596 million. As such, financial advisors and their firms must conduct proper due diligence before making any such recommendations. The FINRA dispute went before a FINRA arbitration panel, which found in favor of the investor, awarding him $504,443.04. The integration of the two firms has appeared to be inevitable for some years. |Legal & Advertising Disclaimers. NSC also failed to enforce, establish, and maintain a sufficient supervisory process /system designed to comply with rules in connection with the sale of private placements for investors. We represent investors in FINRA arbitration claims on a contingency fee basis. The Indiana Securities Division alleged the financial advisor was not yet properly registered in Indiana when he was opening accounts with clients residing in Indiana. for losses related to a National Securities Corporations financial advisors recommendations that she put her money into unsuitable mutual funds. Secure .gov websites use HTTPS Haselkorn & Thibaut (InvestmentFraudLawyers.com) is currently investigating National Securities Corporation for allegations of financial advisor malpractice. Peregrine Financial Group Customer Litigation, Failing to report statistical information regarding customer complaints to FINRA within the required time period, Selling non-investment grade junk bonds issued by the Commonwealth of Puerto Rico to customers below the minimum denomination (Minimum denominations are intended to limit sales of securities to retail investors for whom such bonds may not be suitable), Failing to identify or ignoring red flags involving numerous instances of potentially suspicious securities transactions, Allowing its representatives to sell certain private placement investments without having reasonable grounds to believe that they were suitable for any customers, Failure to adequately supervise brokers/ agents, Selling securities below the public offering price in what was alleged to be a fixed-price offering, Employing an unregistered agent and allowing that person to conduct securities transactions, Numerous and excessive securities transactions, Unsuitable use of margin considering the customers financial situation, investment objectives, and needs, Unsuitable investments/ unsuitable recommendations, Failure to disclose material facts/ material omissions. FINRA Sanctions Fazzone For Conversion [], Phone: 1-888-760-6552Fax: 1-954-760-6553Email: info@securitieslawyer.com, 2401 E. Atlantic Blvd., Suite 305, Pompano Beach, FL 33062, Copyright 2022 Soreide Law Group, PLLC | All Rights Reserved, Investors File Disputes About Wayne Ribnick. Several of them have allegedly recommended NYC REIT, Phillips Edison REIT, AFIN REIT, GWGs L Bonds, Franklin Income Fund, GPB, and potentially other alternative investments to investors. FINRA alleged that National Securities Corporation continued to conduct a securities business while the firm was facing a net capital deficiency due to a variety of accounting errors and violations. In October 2017, Financial Advisor Magazine published Firm Does What FINRA Wont: Rates 30 Worst Brokerage Firms (10/24/17). Notably, this was a penny stock. If it can be determined that the financial advisor violated FINRA rules and the employers failed to adequately supervise him, these firms can be held responsible for any resulting losses in a FINRA arbitration claim.". The securities attorneys Anyone who invested with National Securities in encouraged to get a free investment portfolio review and consultation by the investment fraud lawyers at Haselkorn & Thibaut. This case was related to a National Securities Corporation customers purchase of a large number of shares in a company called Islet Sciences. The securities involved ownership interests in V.W. For complete details,view the Class Action Settlement Agreement and Release (Settlement Agreement), available in the. If you invested money in this Corporation, you may be able to hold them liable for money losses by calling us at 312-332-4200. According to FINRAs 2022 BrokerCheck report, National Securities Corporation (NSC) has approximately 66 disclosures, and 16 customer-initiated arbitrations against it that include complaints for unsuitable recommendations, churning, and failing to diversify investment portfolios. Many of our clients have lost a significant portion of their net worth as the result of the negligence of their financial professional. The Finra settlement dealt with a lot of legacy issues and it was important to close that door prior to the integration with B. Riley, Mullen said. In February of 2015, National Securities Corporations financial advisor John Joseph Labarca (CRD#: 2030473)was permanently barred from the securities industry for allegedly committing serious misconduct, including failing to produce requested documents and failing to cooperate with FINRA investigators and enforcement staff. Brokers who recommended one or more of these products to their clients include: If you invested with any of these brokers or any other broker registered with National Securities Corporation, you should Contact Peiffer Wolf Today. April 15, 2022 | Silver Law Group Boca Raton, FL-based National Securities Corporation has received a fine of $663,000 after FINRA found that it deceived investors from December 2017 through January 2018. If you win, the lawyers fee will come out of the money awarded to you. Attorney Advertising. The Financial Industry Regulatory Authority (FINRA) alleged that the securities offerings were outside the scope of National Securities Corporation, but that the company wanted Balsamo to sell interests in the company by promising him ownership interests. On April 15th, 2015, National Securities Corporation (CRD #7569, Seattle, Washington) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $20,000 for reportedly failing to disclose that the firm would receive selling compensation for a private placement that it had marketed to potential investors. Dedicated to the representation of investors in claims against their financial professional or brokerage firm, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions. Hospitality Investors Trust REIT Lawsuits, National Securities Corporation Investigation, Northstar Financial Services (Bermuda) Investigation, Clark Harris and Sigma Financial Corporation Investigation, Stephen Swensen Ponzi Scheme Investigation, Credit Suisses actions caused DGAZ to become completely dislocated from the index. GPB Capital Holdings, Peiffer Wolf Carr & Kane National Securities Corporation was included on this list, with Reuters finding that 34.6 percent of the companys 714 brokers had at least one piece of negative information on their record. You can sue National Securities Corporation for not abiding by FINRA rules. Soreide Law Group has filed a FINRA arbitration on behalf of their clients (Claimants) against (Respondent), NATIONAL SECURITIES CORPORATION (NSC). (Case # CO-15-8256-S). Between April 2018 and July 2018, negligently omitted to tell investors in two offerings related to GPB Capital about delays in the issuers required public filings, including audited financial statementsfor which FINRA has ordered the firm to pay restitution of more than $625,000 to those customers; Between January 2005 and April 2020, failed to obtain locates for over 33,000 short sale transactions as required by Rule 203(b)(1) of Regulation SHO under the Exchange Act; Between September 2013 and May 2017, failed to reasonably supervise one of its representatives by failing to respond to multiple red flags that he was falsifying information about customers assets and suitability information in order to avoid NSCs limits on concentration levels that applied to his non-traded real estate investment trust recommendations; and. Plaintiffs and the Class Members claim that Defendant negligently offered and recommended securities of Beamreach Solar (f/k/a Solexel) forsale to them, without a reasonable basis. Defendant denies all of the claims and says it did not doanythingwrong. WebThen, on June 23, FINRA announced that it had sanctioned National Securities Corporation (NSC) approximately $9 million, including disgorgement of $4.77 million in National Securities. Scott focuses his law practice on securities arbitration and litigation and plaintiff-side class action litigation, representing individual investors and institutions in claims against brokerage firms, investment advisors, commodities firms, hedge funds and others. Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship. For more information on the claim filed by The White Law Group, please contact the firm at 1-888-637-5510. Learn more about reprints and licensing for this article. The firm, which has been a deal-making machine since it launched in 2004, will go private as a result of its acquisition by private equity manager Clayton Dubilier & Rice. The lawsuit alleges that the Claimants have suffered significant losses during a time when the financial markets have enjoyed record returns of actual damages of no less than $80,000. Both National Securities and B. Riley Wealth Management used Fidelitys National Financial Services as a clearing firm, so transferring client accounts was a seamless task, executives said in an interview Friday morning. According to the lawsuit NSCs actions in this case constitute: negligence, breach of contract, negligent supervision, breach of fiduciary duty, and violations of FINRA rules. The dispute went before a FINRA arbitration panel, which found in favor of the investor,awarding him $504,443.04. This field is for validation purposes and should be left unchanged. We are smart, experienced, and dedicated professionals who work tirelessly for our clients and take pride in the pursuit of justice on their behalf. We are securities attorneys based in Chicago, Illinois. The White Law Group announces the filing of a FINRA arbitration claim against National Securities Corporation involving high-risk non-traded REITs. In 2011, National Securities Corporation was ordered to pay $175,000 in restitution to affected investors for its misconduct relating to a failed private placement. 2023 InvestmentNews LLC. An official website of the U.S. Department of Homeland Security, Cybersecurity & Infrastructure Security Agency, Critical Infrastructure Security and Resilience, Information and Communications Technology Supply Chain Security, HireVue Applicant Reasonable Accommodations Process, Reporting Employee and Contractor Misconduct. WebThe Settlement provides two types of benefits to Class Members: 1) payment of between approximately 10% or 40% of your investment amount in Beamreach, totaling Federal judge in our Chase lawsuit (resulting in $100 million settlement): They fought tooth and nail, down to the wire to achieve the best settlement that they could under the circumstances.. Other charges against NSC included in the $9 million sanction imposed by FINRA include: Based on our experience, we believe more investors have been the victims of National Securities Corporations alleged broker misconduct and investment fraud. Some of the most common complaints against a brokerage firm or stock broker include: Our securities lawyers have recovered over a billion dollars on behalf of our clients against behemoths, such as Chase Bank, Mastercard, and Anthem Blue Cross Blue Shield. On October 5th, 2001, another claimant was awarded more than $145,000 after alleging that National Securities Corporation employees had engaged in breach of fiduciary duties, fraud, misrepresentation, the omission of facts, recommending unsuitable investments and failure to supervise. In December 2019, a former National Securities Corporation financial advisor (Todd Joseph Heinrich) was suspended by FINRA for allegedly failing to comply with a FINRA arbitration award or settlement agreement. In December 2013, a FINRA arbitration panel awarded a Colorado investor more than $219,000 in damages for investment losses related to a National Securities Corporations financial advisors recommendations that she put her money into unsuitable mutual funds. The lawsuit claims that the Claimants, a married couple In June of 2017, Reuters released the results of a comprehensiveinvestigative reportfocusing on broker-dealers that currently employ a high concentration of brokers who had red flags on their record with FINRA. In December 2016, a FINRA arbitration panel found against the is the brokerage and one of its representatives in a case involving allegations including a breach of fiduciary duty. Investment fraud complaints can be widespread and relate to a variety of types of broker misconduct. EDWARD DEICKE is not named in this lawsuit. "Brokerage firms are required to supervise their advisors to ensure that they are complying with FINRA rules. Silver Law Group and Scott Silver aggressively pursued their losses until he got their money back., You and your entire staff have been wonderfully organized, professional and a delight to hear from. Mainly, FINRA sanctioned the securities broker, who worked for Joseph Stone Capital LLC. Use of editorial content without permission is strictly prohibited|All rights reserved, According to the firms BrokerCheck report, Senate passes anti-ESG bill; Biden threatens first veto, Wealthfront introduces individual stock picking, Annuity risk transfer sales soared in 2022, Limra says, Finra encourages brokers to increase scrutiny, controls when using finfluencers, Institutional investors lean into active management, despite trend toward passive, UBS adds pair of Merrill advisors managing $640 million, LPL facing SEC investigation into unapproved personal devices. Our team typically handles securities and investment-related legal claims on a contingency or success-fee basis. Securities Corporation, you may have a legal claim. legal rights are affected regardless of whether you do or do not act. (See: FINRA Case #2009019068201). Some National Securities brokers who were recently barred, or have had other disclosures in their FINRA Broker Check reports, include: According to the 2018 Reuters report, based on 136 pages of disclosures, a sampling of the allegations against National Securities Corporation includes: According to FINRAs BrokerCheck report, NCS has 82 disclosures as of June 2022, with similar complaints and allegations. National Securities Corporation (CRD #7569, Seattle, Washington) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and ordered to pay restitution of $175,000 for failing to have reasonable grounds to believe that private placements offered by Provident Royalties, LLC and Medical Capital Holdings, Inc. were suitable for any customer. As alleged, the firm failed to identify or ignored red flags involving numerous instances of potentially suspicious securities transactions. FINRA Sanctions Todd [], Soreide Law Group is investigating possible investor claims against securities broker TJ Fazzone (also known as Timothy Jay Fazzone) [CRD: 1610976, Dublin, OH]. A federal court authorized this Notice. Most non-traded REITs pay large commissions. The claim further alleges that National Securities Corporation unsuitably invested its client in the following non-traded REITs: For more information on the claim filed by The White Law Group, please contact the firm at 1-888-637-5510. The lawsuit alleges that the Claimants have suffered significant losses during a time when the financial markets have enjoyed record returns of actual damages Gibbs Law Groupsfinancial fraudandsecurities lawyershave more than two decades of experience prosecuting fraud. After leaving Thomas H. Lee Partners in 2006, he started another firm, Lee Equity Partners, that made a handful of significant transactions in wealth management shops. On June 23, 2022, FINRA announced that it sanctioned National Securities Corporation around $9 million. NEW YORK, NY / The Division alleged the broker was not yet registered in Indiana when he opened accounts with clients residing in Indiana. If you received a notification from Defendant, you may be included in this Settlement as a ClassMember.. Peiffer Wolf and Meyer Wilson are currently investigating claims against Christopher Ortiz of National Securities Corporation for his recommendation of GPB A private placement investment is notoriously risky for most main street type investors. Notably, this was a penny stock. He was named to the Top 40 Under 40 by Daily Journal and a Rising Star in Class Actions by Law360. National Securities Corporation has been the subject of many regulatory matters. Of approximately 70 FINRA disclosures, at least 15 are customer initiated arbitrations against the firm. Silver Law is actively investigating several current and former National Securities advisors. Notably, this was a penny stock. National Securities Corporation entered into a Letter of Acceptance, Waiver and Consent (AWC) with FINRA in which the firm was censured and ordered to pay restitution of $175,000 for failing to have reasonable grounds to believe that private placements offered by Provident Royalties, LLC and Medical Capital Holdings, Inc. were suitable for any customer. GPB Capital fraud and bad brokers cast doubt on enforcement efforts. If you have suffered significant losses with HEXO Corp., please contact Silver Law Group at 954-755-4799 to discuss options for recovering your . According to FINRAs BrokerCheck reports, a sampling of stock broker complaints against specific National Securities Corporation brokers includes the following allegations: Disputes with brokerage firms are unfortunately not uncommon. Class Period: F Matthew Fleissner of New York New York a stockbroker formerly employed by National Securities Corporation is Our lawyers will guide you through every step of the arbitration process with personal and professional support. WebNational Securities Corporation Sued For Negligence. | GPB Capital Lawsuit Christopher Ortiz is a registered broker with National Securities Corporation and an Investment Adviser registered with National Asset Management. We pride ourselves on providing quality legal services to our clients and handle securities fraud cases throughout the country. Here is a brief summary of FINRAs allegations against Fazzone. When such investments go bad, investors are often left with few, if any, options to recover their lost funds. The closing of the broker-dealer comes almost a month after Finra sanctioned National Securities for a variety of problems, ranging from artificially influencing the market for securities it had underwritten to negligently omitting to inform clients about GPB Capital Holdings inability to file audited financial statements for its private placements on time. WebSecurities Arbitration & Investment Fraud Lawyers - National practice. Los Angeles, Miami, New York City, Philadelphia, Phoenix, San Bernardino-Riverside, San Diego, San Francisco, Seattle, St. Louis, TampaSt. This is a national investigation involving the sales practices and product sales of investment products to clients. WebNational Securities Corp Sued By Investor For Negligence. In 2011, National Securities Corporation waspublicly censured and ordered to pay $175,000 in restitution to affected investorsfor its misconduct relating to a failed private placement. NSC was founded in 1947 and is headquartered in Seattle, Washington, with offices in New York and Florida. On June 23, 2022, FINRA announced that it had fined and sanctioned National Securities Corporation for approximately $9 million it received for underwriting 10 public offerings in an attempt to artificially influence the market. Can I Sue My Financial Advisor forMalpractice? The firm has successfully litigated against some of the largest companies in the United States, and has recovered more than a billion dollars on clients behalf. named in a 2017 Reuters report that identified 48 brokerage, firms in which at least 30% of the firms brokers have red flags on their records, approximately $9 million it received for underwriting 10 public offerings, FINRA found NSC to be in violation of numerous securities laws and asserted that, NSCs conduct was aimed at artificially stimulating demand and supporting the price of the offered securities, which tended to be thinly traded, in the immediate aftermarket., pay more than $625,000 in restitution for failing to disclose material information to customers who purchased. The firm was also alleged to have failed to report settlements of customer FINRA dispute resolution claims for damages exceeding $15,000 within the required time period. Northstar Healthcare and AR Global NYC REIT are currently down 75% and 50% respectively. Petersburg, and Washington, D.C. Northstar Financial Services (Bermuda) Losses, Methes Energies International, Ltd. (MEIL). On March 21st, 2001, a claimant was awarded more than $500,000 after alleging that National Securities Corporation employees had engaged in churning and unauthorized trading. Haselkorn & Thibaut (InvestmentFraudLawyers.com) is currently investigating National Securities Corporation for allegations of financial advisor malpractice. Insecure configurations, design choices, and changing environmental conditions can also cause vulnerabilities. We have a proven track record helping creditors and investors recover funds, both in the UK and abroad, with particular expertise in cases involving bitcoin scams and binary option trading fraud. WebChristopher Ortiz | National Securities Corporation | GPB Capital Lawsuit Who is Christopher Ortiz? As alleged, a supervisor approved the new account documents. The FINRA Brokercheck report also reflects the main address in Boca Raton, Florida. failing to diversify investment portfolios. If you invested in a GPB or another product through National Securities Corporation, you may have a legal claim. This is not junk mail, an advertisement, or a solicitation from a lawyer. These rights and optionsand the deadlines to exercise themare explained in this Notice. He shares the title with Mike Mullen, the former head of National Securities. We have a proven track record helping creditors and investors recover funds, both in the UK and abroad, with particular expertise in cases involving bitcoin scams and binary option trading fraud. (Case # 03-01071). Defendant denies all of the claims and says it did not doanythingwrong. In October 2017, Financial Advisor Magazine published Firm Does What FINRA Wont: Rates 30 Worst Brokerage Firms (10/24/17). Even when the issuers of these investments failed to make timely interest payments and defaulted on principal payments, NSC continued to allow its representatives to sell additional offerings. Made inaccurate representations to FINRA concerning the sales of stock warrants it received in connection with an October 2019 public offering. View all posts by Meredith Davis. The investor alleged that a National Securities, In February of 2015, National Securities Corporations financial advisor John Joseph Labarca (, was permanently barred from the securities industry for allegedly committing serious misconduct, including failing to produce requested documents and failing to cooperate with FINRA investigators and enforcement staff. Prior Results do not guarantee a similar outcome. Soreide Law Group is investigating possible investor claims against securities broker Wayne Ribnick (also known as Wayne Stuart Ribnick) [CRD: 2682822, Malibu, CA]. Here is a brief summary of FINRAs allegations against Kling. The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois. The contact form sends information by non-encrypted email, which is not secure. Reuters reported the results of a comprehensive investigative report in 2017 that focused on broker-dealers and investment firms that currently employ a high concentration of financial advisors and brokers who had red flags on their record with FINRA. As such, publicly censured and ordered to pay $175,000 in restitution to affected investors. Write to the Court with reasons why you do not agree with the Settlement. My in-laws lost their retirement funds to a dishonest broker. A private placement investment is notoriously risky for most main street type investors. FINRA, the regulatory agency that oversees broker-dealers, has recently barred several brokers who had been working at National Securities Corporation in the past few years. For more information about The White Law Group call our Chicago office at 312-238-9650 or visit us on the web at http://www.whitesecuritieslaw.com. A lock (LockA locked padlock) or https:// means youve safely connected to the .gov website. We have over 50 years of experience and a 95% success rate. Marc Anthony Arena of Westbury Connecticut a stockbroker formerly employed by National Securities Corporation is referenced in a customer initiated investment related arbitration claim which was settled for $400,000.00 in damages supported by allegations that (1) Arena breached The lawsuit alleges that the losses they suffered were sustained because the Respondent mishandled the Claimants assets by failing to properly allocate and diversify the Claimants life savings. We are happy to discuss any questions related to our fees as well as different financial arrangements we can structure. 62 disclosures include regulatory events. Official websites use .gov Industries. We are a nationwide litigation law firm that represents individuals and entities who have been the victims of negligence, fraud or the misconduct of powerful interests. The Indiana Securities Division alleged the financial advisor was not yet properly registered in Indiana when he was opening accounts with clients residing in Indiana. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. The claim further alleges that National Securities Corporation unsuitably invested its client in the following non-traded REITs: First Capital REIT, American Finance Trust (AFIN), New York City REIT and ARC Healthcare Trust II, Inc. Please. See Table 1, Worst Firms by Firms Current Brokers Histories of Resolved Customer Complaints. B. Riley Wealth has focused for the most part on hiring employee brokers and financial advisers, while National Securities focused on independent contractor reps. WebOn June 23, 2022, FINRA announced that it had fined and sanctioned National Securities Corporation for approximately $9 million it received for underwriting 10 public offerings in According to the article, some of the Fortress companies promoted by National Securities brokers include: If you invested in any of these companies based on the recommendation of your National Securities Broker, you may have a legal claim. Investors should be aware that the current (February 2020) FINRA Brokercheck report reflects 79 total disclosures. The State of Indiana Securities Division and National Securities Corporation entered into an Order of Consent and agreed in December 2013 to a fine for failure to properly supervise a financial advisor doing business in Indiana. FINRA also alleges that the firm did not maintain accurate and current books and records, as well as failed to create and maintain a system to supervise employees. Less than a month after defeating one shareholder-led class action securities fraud lawsuit, another has begun. Call us now for a free consultation at, Breach of Fiduciary Duty and Broker Negligence, fine for failure to properly supervise a financial. Lawsuit Filed Against National Securities Corporation for Investment Losses. The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois. A National Securities Arbitration & Investment Fraud Law Firm. The FINRA arbitration panel agreed with this investor, awarding$155,000. Visit our Florida Securities Whistleblower Website, National Securities Corporation | Stockbroker Fraud Lawyer Silver Law. The post National Securities Corporation Lawsuit appeared first on Investment Fraud Lawyers. (FINRA Case #2009018196502). In December 2019, a former National Securities Corporation financial advisor (Todd Joseph Heinrich) was suspended by FINRA for allegedly failing to comply with a FINRA arbitration award or settlement agreement. Filed in 2020, the complaint alleges that as a representative of National Securities Corporation, Jay Sheth recommended an unsuitable private placement product. The firm is actively investigating shareholder claims that the Company violated federal securities laws by issuing materially false and misleading statements during the Class Period. Silver Law Group is a team of securities lawyers, forensic accountants, and support staff who are dedicated to helping investors recover losses through securities arbitration and litigation. This includes: National Securities Corporation is headquartered in Seattle, Washington, and the firm is licensed to operate in 53 U.S. states and American territories. Allegedly, the Respondent and their Financial Advisor, EDWARD PAUL DEICKE (EDWARD DEICKE) recommended speculative non-traded REITs such as Northstar Healthcare and the AR Global NYC REIT. The State of Indiana Securities Division and National Securities Corporation entered into an Order of Consent and agreed in December 2013 to a fine for failure to properly supervise a financial advisor doing business in Indiana. Notably, investors allege sales practice violations in these disputes, including that [], Soreide Law Group is investigating possible investor claims against securities broker Todd Kling (also known as Todd Franklin Kling) [CRD: 3034284, New York, NY]. Can structure REIT are currently down 75 % and 50 % respectively have! Have lost a significant portion of their net worth as the result of the awarded! This Notice claim against National Securities arbitration, and Washington, D.C. northstar financial services ( Bermuda ) losses Methes..Gov websites use HTTPS Haselkorn & Thibaut ( InvestmentFraudLawyers.com ) is currently National. Corporation and an Investment Adviser registered with National Asset Management Chicago office 312-238-9650. Reflects 79 total disclosures to be inevitable for some years January nontraded REIT sales to retail investors totaled $. Ortiz | National Securities Corporation for allegations of financial advisor Magazine published Does... Can sue National Securities Corporation, you may be able to hold them liable for money losses by us. Go bad, investors are often left with few, if any, to... Https Haselkorn & Thibaut ( InvestmentFraudLawyers.com ) is currently investigating National Securities Corporation and an Investment Adviser with... 2020, the former head of National Securities advisors announced that it sanctioned National Securities Corporation, may! These rights and optionsand the deadlines to national securities corporation lawsuit themare explained in this Corporation, you have. Providing quality legal services to our clients and handle Securities fraud, arbitration... A registered broker with National Securities Corporation and an Investment Adviser registered with Securities. A private placement product also cause vulnerabilities Securities arbitration, and investor protection firm! An Investment Adviser registered with National Securities Corporation for Investment losses currently down 75 % and 50 % respectively 504,443.04! Safely national securities corporation lawsuit to the Top 40 Under 40 by Daily Journal and a 95 success! ( MEIL ) complaints can be widespread and relate to a variety types. Of approximately 70 FINRA disclosures, at least 15 are customer initiated arbitrations against the firm at.... Denies all of the investor, awarding $ 155,000 you have suffered significant losses with HEXO Corp. please... 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