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Travis Eiland- Former HD Vest Investment Services Broker-Barred From Securities Industry by Regulators, Facing $300K Suit- Baytown, TX

Travis Eiland- Former HD Vest Investment Services Broker-Barred From Securities Industry by Regulators, Facing $300K Suit- Baytown, TX

Travis Eiland- Former HD Vest Investment Services Broker-Barred From Securities Industry by Regulators, Facing $300K Suit- Baytown, TX 150 150 ER

Travis Eiland Investigation

June 2022-Baytown, TX 

According to publicly available records Travis Eiland a currently unregistered broker who last worked for HD Vest Investment Services (Avantax),  discloses a pending customer dispute and a final regulatory matter resulting in a permanent bar from the industry.

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 3/2022 FINRA permanently barred Eiland from the industry to resolve allegations that Eiland failed to respond to FINRA requests for information in connection with a FINRA regulatory investigation.

In 7/21, FINRA case #21-01715, filed by a customer of Avantax Securities, Inc. (aka HD Vest Investment Services) alleging that they incurred losses in their account because of an unsuitable trading strategy involving options, churning, breach of fiduciary duty, statutory fraud and breach of contract.    The alleged damages are in excess of $369,300 and the case is currently pending.

Eiland was employed by HD Vest Investment Services, from 5/2000- 12/2015 . Eiland discloses business affiliations with Eiland Lemon Wealth Management of LaPorte, TX.

If you have suffered losses in an account handled by Travis Eiland, contact us for a no charge consultation 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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

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