November 25, 2015- Richardson, Texas
Rex Securities Law is investigating Harris Wayne Kirk , a stock broker who on October 1, 2015, rejoined Reef Securities, Inc. According to FINRA records, Kirk was previously registered with Reef Securities from 2/1998 – 9/2013.
On Kirk’s official FINRA record, Reef Securities makes the following allegations related to his discharge from Reef Securities in 9/2013:
“Actions inconsistent with corporate policy and management. Mr. Kirk provided inaccurate information regarding his outside business activities. “
According to FINRA the products related to the discharge were oil and gas investments.
Kirk’s FINRA record indicates that he has been named in 3 customer disputes. The most recent, a FINRA arbitration filed in 2015, seeks damages of over $61,000 on oil and gas investments that were made while Kirk was employed by Reef Securities. The investor makes the following allegations in the currently pending arbitration:
- failure to supervise
- failure to conduct independent due diligence
- failure to adequately disclose risks of investment
- breach of contract
Following his discharge from Reef Securities in 9/2013, Kirk was registered with Chestnut Exploration Partners, also located in Richardson, TX. According to FINRA, Kirk left Chestnut Exploration Partners in 2/ 2015.
Reef Securities, Inc. has been registered with FINRA since 1993 and has about 15 financial advisors operating from their office in Richardson, Texas.
Reef Securities, along with various other broker dealers, has sold to investors numerous oil and gas investments sponsored by the Reef Oil and Gas Companies, including the following:
- Reef 2015 Oil & Gas Opportunity Fund
- Reef 2015 Income Fund
- Reef Bakken Bear Cat Drilling Fund
- Reef 2012-A Private Drilling Fund
- Reef 2011 Private Drilling Fund
- Reef 2010 Drilling Fund
- Reef 2009 Drilling Fund
- Reef 2007-2009 Drilling Program
- Reef Oil & Gas Drilling & Income Fund
- Reef Oil & Gas Income & Development Fund III
- Reef Oil & Gas Income & Development Fund IV
If you have losses in an account handled by Harris Kirk you may be entitled to recover damages from his former employer. Call to discuss your options.
Rex Securities Law , located in Boca Raton, FL, (and soon to be opening a second office in Bee Cave, just outside of Austin, TX) provides representation to investors in Texas and nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
561 391 1900