Northville, Michigan
The Financial Industry Regulatory Authority (FINRA) reports that Bruce Slater of Transamerica Financial Advisors, Inc. has been named in a FINRA arbitration.
According to FINRA, the clients allege that between 1998 and 2014 Bruce Slater misrepresented the risk, fees and nature of the products he recommended and that the investments were unsuitable for their stated investment objectives. The investment product type is direct investments , limited partnerships and mutual funds and the clients allege the investments were unsuitable based on their stated objectives. Damages are alleged to be $500,000. FINRA Case 16-00132.
Mr. Slater was previously named in a FINRA arbitration involving the Ridgewood Energy Fund. That matter was resolved for a $60,000 settlement, according to FINRA.
If you have losses in an account handled by Bruce Slater, contact us to learn how you may be able to recover damages through FINRA arbitration.
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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