Syosset, New York
MAY 2017 UPDATE-Francis Smookler is not currently registered. His registration with Cova Capital Partners ended January 2017. Smookler is named in a pending FINRA investigation alleging that he made trades in Nebraska and Indiana and was not registered to transact business as a broker in those states.
ORIGINAL POST JUNE 2016
According to FINRA records, Francis L. Smookler, Jr. , a stockbroker who is currently employed by Cova Capital Partners , discloses one pending and twelve prior customer disputes. He also discloses a final regulatory event and a pending judgment/lien.
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.
In currently pending FINRA Case 16-0405, a customer while Smookler while he was employed by New Castle Financial Services, Brookville Capital Partners and Legend Securities alleges damages of $750,000 for high pressure sales techniques, unsuitable investments, churning and excessive and hidden commissions.
If you have questions about an account handled by Francis L. Smookler, call for a no charge consultation.
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.
Florida-561 391 1900