Christopher D. Gammon-IMS Securities Broker-Discloses Customer Arbitrations Over REIT Investments-Houston, TX

Christopher D. Gammon-IMS Securities Broker-Discloses Customer Arbitrations Over REIT Investments-Houston, TX

Christopher D. Gammon-IMS Securities Broker-Discloses Customer Arbitrations Over REIT Investments-Houston, TX 150 150 Robert Rex, Esq.

April 2017-Houston, Texas

According to publicly available records Christopher D. Gammon , (CRD# 2344523) ,  a  stockbroker who is currently registered with IMS Securities  discloses two pending and two prior final customer disputes. 

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 16-02356, a customer of IMS Securities alleges damages of $1,667,000 for negligence, breach of fiduciary duty, failure to supervise and misrepresentation  in connection with investments in real estate investment trusts (REITs).

In FINRA Case 16-01800, a customer of IMS Securities alleges damages of $3,000,000 for negligence, over concentration, breach of fiduciary duty, failure to supervise and misrepresentation  in connection with investments in variable annuities and REITs.

Gammon has been employed by IMS Securities since 2000. He discloses other business affiliations with DG Capital Funding, Katy, Texas and Exclusive Personal Services, Katy, Texas.

IMS Securities has been a FINRA member since 1994 and is headquartered in Houston, TX. They have about 105 associated persons and 57 branch offices.

If you have questions about an account in an account handled by Christopher D. Gammon, contact us to discuss your legal options.

Alternative investments include non publicly traded real estate investment trusts (REITS) , equipment leasing and oil and gas limited partnerships. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

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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