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Johnathan W. McHale-Former PHX Financial Broker-Makes Numersous Diclosures On FINRA Record

Johnathan W. McHale-Former PHX Financial Broker-Makes Numersous Diclosures On FINRA Record

Johnathan W. McHale-Former PHX Financial Broker-Makes Numersous Diclosures On FINRA Record 150 150 Rex Securities Law

New York

According to FINRA records,  Johnathan W. McHale   a stock broker  formerly employed by PHX Financial , discloses seven final customer disputes, a termination and 7 pending judgment/liens.

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.

In FINRA Case 11-3515, a customer while McHale was employed by John Thomas Financial alleged damages of $859,000 for mishandling the account for the sole purpose of generating commissions. That case was settled for $285,000.

McHale discloses seven judgments/liens, including a lien for $585,399.29 to the Internal Revenue Service.

McHale was been employed by PHX Financial from 2/2014-3/2016. Prior to that his employment includes National Securities Corporation and John Thomas Financial.

If you have questions about an account handled  by Johnathan W. McHale, call for a no charge consultation.

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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Rex Securities Law

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