February 2017-Syosset, NY
According to publicly available records Rory Powell , (CRD# 5430493) , a stockbroker who is employed by Network 1 Financial Securities, discloses two pending customer disputes.
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 public records, a customer has filed FINRA arbitration #16-0276 alleging damages of $47,797 for unsuitable trading. In pending FINRA arbitration 14-3749, a customer alleges damages of $308,411 for account churning and unauthorized trades.
Powell has been employed by Network 1 Financial Securities since 12/2012.
If you have questions about an account in an account handled by Rory Powell, contact us to discuss your legal options.
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