Category Archives: Rhodes Securities

Michelle D. Drake-Former Rhodes Securities Broker-Discloses Discharge From Employment-Colleyville, TX

April 2017-Colleyville, Texas

The FINRA records of  Michelle Diane Drake ,  a  stockbroker who is currently  registered with   Prospera Financial Services  disclose 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.

 

Drake was discharged by Rhodes Securities 4/28/2015. Rhodes Securities made the following allegations on Drake’s FINRA record in connection with the discharge: “Failed to report a trade to home office when allocation was not received from Chris Anthony at 2:30pm. Failure to adhere to the supervision of (third party’s) heightened supervision, allowing trades to be placed in accounts outside of what the investment objectives stated for the clients account.”

Chris Anthony was discharged by Rhodes Securities on 4/28/2015 also. Anthony is currently named in a $2 million FINRA arbitration. See this for details. 

Drake was employed by Rhodes Securities from 8/2009-4/2015. She is currently registered with Prospera Financial Services in Colleyville, TX.

If you have losses in an account in an account handled by Michelle D. Drake  contact us to discuss how you may be able to recover damages for those losses.

Rhodes Securities is headquartered in Ft. Worth, Texas, and has been a FINRA member since 1987. The company is registered to transact securities business in all fifty states and the District of Columbia.

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

Christopher P. Anthony-Former Rhodes Securities Broker-Discloses $2 Million Customer Dispute-Ft. Worth, Texas

April 2017-Arlington, Texas

The FINRA records of  Christopher P. Anthony,  a  stockbroker who is not currently  registered and who was last employed by  Rhodes Securities, Inc.  disclose 2 currently pending customer disputes  and a discharge 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.

Anthony is also affiliated with Great Lakes & Atlantic Wealth Management and Advisory Pnrs and Anthony Capital Management, and Seventh Street Partners. 

In FINRA Case #16-02297, a customer of Rhodes Securities alleges damages of $100,000 for unsuitable investments, churning and failure to supervise in connection with the investment in options, foreign stock and index exchange traded funds (ETFs).

In FINRA Case #17-3753, filed 1/2017, a customer of Rhodes Securities alleges damages of $2 million for breach of fiduciary duty, negligence and breach of contract.

Anthony was discharged by Rhodes Securities 4/28/2015. Rhodes Securities made the following allegations on Anthony’s FINRA record in connection with the discharge: “Failure to adhere to heightened supervision. Trading with discretion and trading outside the investment objectives stated on the client accounts.”

If you have losses in an account in an account handled by Christopher P. Anthony contact us to discuss how you may be able to recover damages for those losses.

Rhodes Securities is headquartered in Ft. Worth, Texas, and has been a FINRA member since 1987. The company is registered to transact securities business in all fifty states and the District of Columbia.

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

Christopher Anthony-Former Rhodes Securities Broker-Discloses Customer Dispute and Discharge from Employment-Arlington, TX

Arlington, Texas

MAY 2017 UPDATE-In January 2017 a customer of Rhodes Securities filed FINRA Case #16-03753 alleging damages of $2 million for breach of fiduciary duty, negligence and breach of contract.

ORIGINAL POST-November 2016

The FINRA records of  Christopher P. Anthony,  a  stockbroker who is not currently  registered and who was last employed by  Rhodes Securities, Inc.  disclose a currently pending customer dispute  and a discharge 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.

Anthony is also affiliated with Great Lakes & Atlantic Wealth Management and Advisory Pnrs and Anthony Capital Management.

In FINRA Case #16-02297, a customer of Rhodes Securities alleges damages of $100,000 for unsuitable investments, churning and failure to supervise in connection with the investment in options, foreign stock and index exchange traded funds (ETFs).

Anthony was discharged by Rhodes Securities 4/28/2015. Rhodes Securities made the following allegations on Anthony’s FINRA record in connection with the discharge: “Failure to adhere to heightened supervision. Trading with discretion and trading outside the investment objectives stated on the client accounts.”

If you have losses in an account in an account handled by Christopher Anthony 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