UPDATE January 30, 2015- Jennifer Trowbridge sanctioned by FINRA for mutual fund switching and discretionary trading. See this for details.
July 9, 2014-Boynton Beach, FL
Rex Securities Law filed an arbitration claim with the Financial Industry Regulatory Authority (FINRA Case #14-02139) against Essex Securities LLC and former Essex Securities broker Jennifer Trowbridge on behalf of an 80 year old widow from Boynton Beach, FL, seeking damages in excess of $200,000.
In the Statement of Claim filed with FINRA, our client alleges that Essex Securities and Trowbridge , recommended annuities and other investments that were unsuitable given the age of our client and the failing health of her husband. It further alleges that too large a percentage of their liquid net worth was invested in annuities at the recommendation of Trowbridge and Essex and that Essex failed in its duty to supervise its broker/agent Trowbridge. Our client and her husband had been married for 59 years.
Our client’s husband had been receiving treatment for bone cancer and dementia for more than a year prior to his death , and he passed away at age 81 only months after the questioned annuities were sold to them.
Trowbridge was registered with Essex Securities from January 2010 to September 2012 and operated an office for Essex in Boynton Beach, FL. She was registered with Questar Capital from 9/2012-11/2014.
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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