Category Archives: Maplewood Investment Advisors

Joe L. Buckner-Former Brazos Securities Broker-Barred From Industry by FINRA-Dallas, TX

May 2017- Dallas, TX

The FINRA records of  Joe L. Buckner,  a  former stockbroker who was last employed by  Brazos Securities discloses a prior regulatory event, a pending customer dispute, a regulatory investigation and a termination from employment.

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 12/2015 Buckner was permanently barred from the securities industry by FINRA for failing to respond to FINRA’s request for information.

In 3/2015, Buckner was the subject of an investigation by the Texas State Securities Board involving an investor complaint.

Brazos Securities reports that a customer alleges to have invested $25,000 into a business owned by Buckner that has not been paid back to them. That matter is currently pending.

 

Buckner was employed by Brazos Securities from 10/1996-5/2015. He was also employed by Maplewood Investment Advisors and La Jolla Capital Corp.

If you have questions about an account  handled by Joe L. Buckner 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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Michael J Gamez-Former Edward Jones Broker-Suspended for Unauthorized Trading

July 2016-Corsicana, Texas

The Texas State Securities Board (TSSB) issued a Disciplinary Order suspending Corsicana investment adviser Michael Jason Gamez, who is currently registered with Maplewood Investment Advisors,  for 100 days, beginning August 8, 2016.

According to the TSSB order:

  • Gamez was registered with Edward Jones from March 2008-December 2014
  • From January 2013 to November 2014 Gamez regularly placed trades in certain client’s brokerage accounts without first discussing the specific trades with his clients
  • Gamez selected the date and price to purchase shares of stock without obtaining the client’s approval for each trade. Furthermore, Gamez selected the amount of shares to purchase through each trade without obtaining approval from the clients, thereby engaging in discretionary trading in the client accounts.
  • Gamez was terminated for cause by Edward Jones as a result of the discretionary trading activity.

DISCRETIONARY TRADING

In the securities industry exercising discretion means that the customer has authorized the broker to buy and sell securities without first consulting with the customer on each transaction. To avoid regulatory issues and to comply with the policy of most firms, this permission must be granted in writing. Most accounts are not discretionary accounts, meaning that the broker is required to consult with the customer before making a purchase or a sale in the account.

If you have losses in an account handled by Michael J. Gamez, you may be able to collect 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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870