February 13, 2015
Rex Securities Law is investigating Wade James Lawrence who was formerly a stock broker with Southwest Securities in Dallas, Texas, 8/2011-12/2013. Prior to that FINRA records indicate that he was registered with Oppenheimer & Co. in Fort Worth, Texas, 6/2008-7/2011.
His official FINRA records , which can be accessed here, show that:
- Lawrence was permanently barred from the industry on 1/8/2014.
- he resigned from Oppenheimer & Co. 7/22/2011 after a client alleged that he offered compensation for customer losses.
- there are presently 6 customer disputes pending which seek damages ranging from $70,000 to over $2.8 million dollars . The claims include breach of fiduciary duty, gross negligence, unsuitable recommendations, unauthorized trading and failure to supervise on the part the firm where he was employed.
If you have losses in an account handled by Wade J. Lawrence you may be entitled to recover damages from his employer. Call to discuss your 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.
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