Odessa, Texas
According to FINRA records, Noe Garcia, Sr. , a former investment company products and variable contracts representative for State Farm VP Management from 5/2007-11/2015 discloses that he was sanctioned by FINRA for failing to amend FINRA reporting forms to disclose a state and a federal tax lien. In addition FINRA alleged that Garcia inaccurately responded on questionnaires that he was not the subject of an unsatisfied lien.
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.
Garcia was fined $5,000 and suspended in all capacities for three months.
FINRA Case 2015047704001
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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