Rex Securities Law Investigates VSR Financial Broker Parks H. Brown-Marietta, GA

Marietta, Georgia

Rex Securities Law is investigating VSR Financial Services broker Parks H. Brown, Jr.  in connection with the sale of unsuitable investments including options, penny stocks and common and preferred equities.

According to FINRA records Brown was named in a FINRA arbitration in 2014 (#14-1744) by a customer who alleged unsuitable investments, churning, unauthorized trades and breach of fiduciary duty. That case was settled in 9/2015 for $71,500.

Earlier in 2001, Brown, who at the time was working for A.G. Edwards,  was named in another arbitration ( NASD 01-1817) by a customer alleging unauthorized transactions, churning excessive concentration and violations of securities laws. An arbitration panel awarded $229,839 to the customer.

According to FINRA records Brown has been registered with VSR Financial Services since 10/2005.

VSR Financial Services was fined $550,000 by the Financial Industry Regulatory Authority (FINRA) in May 2013 in connection with the sale of alternative investments. In their findings, FINRA criticised VSR Financial for recommending high concentration levels of alternative investments in customer accounts and for its lack of supervision over the use of consolidated reports prepared by brokers and provided to customers.

Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures. It may also include art, wine, antiques, coins or stamps. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

If you have losses in an account handled by Parks Brown or losses in a VSR Financial Services account , contact us to discuss how you may be able to recover damages for those losses.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Rex Securities Law Investigates VSR Financial Broker Nick Giallourakis-Clearwater, FLA

Clearwater, Florida

Rex Securities Law is investigating VSR Financial Services broker Nicholas M.  Giallourakis of Engineered Financial Solutions in connection with the sale of various direct investments including real estate securities  and limited partnership interests.

According to FINRA records in 2013 Giallourakis was named in a FINRA arbitration (#13-1526) by a customer alleging breach of fiduciary duty, misrepresentation and negligence in connection with an investment in promissory notes, limited partnership interests and real estate securities. That matter was settled for $180,000.

According to FINRA records Giallourakis  has been registered with VSR Financial Services since 8/2007.

VSR Financial Services was fined $550,000 by the Financial Industry Regulatory Authority (FINRA) in May 2013 in connection with the sale of alternative investments. In their findings, FINRA criticised VSR Financial for recommending high concentration levels of alternative investments in customer accounts and for its lack of supervision over the use of consolidated reports prepared by brokers and provided to customers.

Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures. It may also include art, wine, antiques, coins or stamps. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

If you have losses in an account with VSR Financial Services, contact us to discuss how you may be able to recover damages for those losses .

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,  provides representation to  investors  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Rex Securities Law Investigates VSR Financial Broker Mikiel Featherston- Austin, Texas

Austin, Texas

Rex Securities Law is investigating VSR Financial Services broker Mikiel R. Featherston of The Featherston Group in connection with the sale of various direct investments including real estate securities  and limited partnership interests.

According to FINRA records in 2013 Featherston was named in a FINRA arbitration (#13-2256) by a customer alleging unsuitable investments and breach of contract. That matter was settled for $14,999.

According to FINRA records Featherston  has been registered with VSR Financial Services since 8/2007.

VSR Financial Services was fined $550,000 by the Financial Industry Regulatory Authority (FINRA) in May 2013 in connection with the sale of alternative investments. In their findings, FINRA criticised VSR Financial for recommending high concentration levels of alternative investments in customer accounts and for its lack of supervision over the use of consolidated reports prepared by brokers and provided to customers.

Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures. It may also include art, wine, antiques, coins or stamps. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

If you have losses in an account with VSR Financial Services, contact us to discuss how you may be able to recover damages for those losses .

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,  provides representation to  investors  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Rex Securities Law Investigates Former VSR Financial Broker Charles Chapman-Richardson, Texas

Richardson, Texas

Rex Securities Law is investigating former VSR Financial Services broker Charles E. Chapman   in connection with the sale of various direct investments including real estate securitie, equipment leasing investments, promissory notes and limited partnership interests.

According to FINRA records in 2014 Chapman was named three customer disputes involving direct investments like real estate securities, limited partnerships and direct investments.

In 2014 one case was settled for $315,000 and another for $3,740,000. An earlier case in 2011 settled for $225,000.

According to FINRA records Chapman  was registered with VSR Financial Services from 8/1999-6/2009. He was then registered with Berthel Fisher & Company from 6/2009-6/2013. He is not currently registered.

VSR Financial Services was fined $550,000 by the Financial Industry Regulatory Authority (FINRA) in May 2013 in connection with the sale of alternative investments. In their findings, FINRA criticised VSR Financial for recommending high concentration levels of alternative investments in customer accounts and for its lack of supervision over the use of consolidated reports prepared by brokers and provided to customers.

Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures. It may also include art, wine, antiques, coins or stamps. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

If you have losses in an account with VSR Financial Services, contact us to discuss how you may be able to recover damages for those losses .

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,  provides representation to  investors  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Rex Securities Law Investigates VSR Financial Broker Charles Geraci- Woodlands, Texas

The Woodlands, Texas

Rex Securities Law is investigating VSR Financial Services broker Charles Geraci in connection with the sale of various direct investments including real estate securities, equipment leasing investments, promissory notes and limited partnership interests.

According to FINRA records in 2014 Geraci  has been named in 5 customer complaints. Three have been settled, one is pending and one was closed- no action.

According to FINRA records Geraci  was registered with VSR Financial Services from 6/2008-1/2013. He left VSR and joined Sagepoint Financial from 1/2013-12/2013. In 1/2014 he rejoined VSR Financial.

VSR Financial Services was fined $550,000 by the Financial Industry Regulatory Authority (FINRA) in May 2013 in connection with the sale of alternative investments. In their findings, FINRA criticised VSR Financial for recommending high concentration levels of alternative investments in customer accounts and for its lack of supervision over the use of consolidated reports prepared by brokers and provided to customers.

Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures. It may also include art, wine, antiques, coins or stamps. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

If you have losses in an account with VSR Financial Services, contact us to discuss how you may be able to recover damages for those losses .

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,  provides representation to  investors  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Rex Securities Law Investigates VSR Financial Broker Timothy Hobbs-Bedford Texas

Bedford, Texas

Rex Securities Law is investigating VSR Financial Services broker Timothy C. Hobbs of the Crest Retirement Planning in connection with the sale of various direct investments including real estate securitie, equipment leasing investments, promissory notes and limited partnership interests.

According to FINRA records in 2014 Hobbs was named in a FINRA arbitration by a customer alleging unsuitable investments and breach of fiduciary duty in connection with the sale of various direct investments. FINRA Case #14-00192. That case was settled in 5/2015 for $82,500.

In 9/2009, a customer complained that he bought an annuity with the understanding that it included a 5 year rider, however the rider was not purchased. That matter was settled for $20,000 according to FINRA.

According to FINRA records Hobbs  has been registered with VSR Financial Services since 5/1996.

VSR Financial Services was fined $550,000 by the Financial Industry Regulatory Authority (FINRA) in May 2013 in connection with the sale of alternative investments. In their findings, FINRA criticised VSR Financial for recommending high concentration levels of alternative investments in customer accounts and for its lack of supervision over the use of consolidated reports prepared by brokers and provided to customers.

Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures. It may also include art, wine, antiques, coins or stamps. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

If you have losses in an account with VSR Financial Services, contact us to discuss how you may be able to recover damages for those losses .

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,  provides representation to  investors  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Rex Securities Law Investigates VSR Financial Services Broker Lisa Allen- Austin, TX

Austin, Texas

Rex Securities Law is investigating VSR Financial Services broker Lisa A. Allen (Lisa Ann Fowler)  in connection with the sale of various direct investments including real estate securities and limited partnership interests.

According to FINRA records in 2013 Allen was named in a FINRA arbitration by a customer alleging unsuitable investments, negligence and breach of fiduciary duty in connection with the sale of various direct investments. FINRA Case #13-2256.

According to FINRA records Allen has been registered with VSR Financial Services since 6/2002. Prior to that she was registered with Rushmore Securities from 1/2001-6/2002.

VSR Financial Services was fined $550,000 by the Financial Industry Regulatory Authority (FINRA) in May 2013 in connection with the sale of alternative investments. In their findings, FINRA criticised VSR Financial for recommending high concentration levels of alternative investments in customer accounts and for its lack of supervision over the use of consolidated reports prepared by brokers and provided to customers.

Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures. It may also include art, wine, antiques, coins or stamps. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

If you have losses in an account with VSR Financial Services, contact us to discuss how you may be able to recover damages for those losses .

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,  provides representation to  investors  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Rex Securities Law Investigates Former VSR Financial Services Broker Gregory Ellis-Baton Rouge, LA

Baton Rouge, LA

Rex Securities Law is investigating former VSR Financial Services broker Gregory M. Ellis  in connection with the sale of various alternative investments including real estate securities, oil and gas securities, and other direct investments.

According to FINRA records Ellis has been named in in 11 customer disputes, some of which relate to alternative investments.

In September 2015 FINRA arbitration 15-01245 was filed by a customer alleging the sale of unsuitable investments in limited partnerships, equipment leasing investments, oil and gas securities, promissory notes and real estate securities. That matter was settled for $445,000.

In May 2015 to resolve a customer complaint alleging violations of Louisiana securities laws, breach of contract, and other claims related to the sale of oil & gas securities, equipment leasing investments and real estate securities, Ellis‘ employer VSR Financial Services paid the customer $243,277. FINRA Case #14-00606.

According to FINRA records Ellis is not currently registered. He was registered with VSR Financial Services from 2/2000-4/2010.

VSR Financial Services was fined $550,000 by the Financial Industry Regulatory Authority (FINRA) in May 2013 in connection with the sale of alternative investments. In their findings, FINRA criticised VSR Financial for recommending high concentration levels of alternative investments in customer accounts and for its lack of supervision over the use of consolidated reports prepared by brokers and provided to customers.

Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures. It may also include art, wine, antiques, coins or stamps. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

If you have losses in an account handled by Gregory Ellis, contact us to discuss how you may be able to recover damages for those losses from his former employer.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Rex Securities Law Investigates Former VSR Financial Broker Kevin M. Nevin-St. Louis Park, MN

St. Louis Park, MN

Rex Securities Law is investigating former VSR Financial Services broker Kevin Mark Nevin  in connection with the sale of various alternative investments including real estate securities, oil and gas securities, and other direct investments.

According to FINRA records Nevin has been named in in 3 customer disputes, some of which relate to alternative investments, and one regulatory matter.

In May 2014, Nevin was fined $37,000 and suspended by FINRA for six months to resolve allegations that he did not properly notify his member firm of his involvement in the sale of $690,000 of private placement investments.

In 2013 a customer filed a FINRA arbitration (#12-00513) claim alleging damages of $555,000 in connection with the sale of various alternative investments, including direct investments and limited partnership investments in oil & gas and real estate securities. That case was settled for $361,250, paid by his then member firm VSR Financial.

According to FINRA records Nevin was registered with VSR Financial from 3/2006-2/2011. He was next registered with Capital Guardian, LLC from 2/2011-5/2014. Nevin has been registered currently with Sandlapper Securities since 1/2015.

VSR Financial Services was fined $550,000 by the Financial Industry Regulatory Authority (FINRA) in May 2013 in connection with the sale of alternative investments. In their findings, FINRA criticised VSR Financial for recommending high concentration levels of alternative investments in customer accounts and for its lack of supervision over the use of consolidated reports prepared by brokers and provided to customers.

Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures. It may also include art, wine, antiques, coins or stamps. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

If you have losses in an account handled by Kevin Nevin, contact us to discuss how you may be able to recover damages for those losses from Nevin’s employer.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Rex Securities Law Investigates VSR Financial Broker Jesse J. Griffin- Palm City, Florida

Rex Securities Law is investigating VSR Financial Services broker Jesse J. Griffin, Jr. of Palm City, Florida, in connection with the sale of various alternative investments including real estate securities, oil and gas securities, promissory notes and other direct investments.

According to FINRA records Griffin has been named in in 6 customer disputes, some of which relate to alternative investments.

VSR Financial Services was fined $550,000 by the Financial Industry Regulatory Authority (FINRA) in May 2013 in connection with the sale of alternative investments. In their findings, FINRA criticised VSR Financial for recommending high concentration levels of alternative investments in customer accounts and for its lack of supervision over the use of consolidated reports prepared by brokers and provided to customers.

Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures. It may also include art, wine, antiques, coins or stamps. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

If you have losses in an account handled by Jesse Griffin, contact us to discuss how you may be able to recover damages for those losses from Griffin’s employer.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Current information for investors seeking information on recovery of investment losses due to the negligence or fraud of stockbrokers and brokerage firms. Nationwide representation.