May 2016
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
According to FINRA records, Marlon O. Cole has been registered with Spartan Capital Securities since 2/2016. Prior to that he was registered with Avenir Financial Group, Blackbook Capital, E.J. Sterling, LLC, Legend Securities and Liberty Partners Financial.
FINRA records disclose that there are currently two customer disputes pending against Marlon O. Cole, including:
- FINRA Case 15-00994- a customer alleges that Mr. Cole wasted over $80,000 of his savings without his permission and did not abide by agreement to pull funds off the market and send back to his credit union if stock dropped 10%. Damages alleged are $250,000.
If you have losses in an account handled by Marlon Cole, contact us to learn how you may be able to recover damages through FINRA arbitration.
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.
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TollFree: 877-224-3199
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Texas-512-329-2870
