fbpx

Claus C. Foerster Sanctioned by South Carolina Securities Regulators

Claus C. Foerster Sanctioned by South Carolina Securities Regulators 150 150 Rex Securities Law

October 17, 2014-The Securities Commissioner of South Carolina, Alan Wilson, entered a consent order barring Claus Christop Foerster from participating in any aspect of the securities industry in or from the State of South Carolina. In addition Foerster was assessed an administrative fine of $120,000.

In June 2014, FINRA entered a permanent bar from the securities industry against Foerster to resolve allegations that while employed at Citigroup Global Markets, Morgan Keegan & Company and Raymond James & Associates, Foerster converted about $3 million in customer funds to his personal use.

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

%d bloggers like this: