Derick Strickland Investigation
September 2022- Houston, TX
The FINRA records of Derick Montrele Strickland , a former broker with Allstate Financial Services, disclose a recent bar from the securities 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.
FINRA sent a request to Strickland in May of 2022, seeking information related to a regulatory investigation. According to FINRA, Strickland received a 3 month suspension as a result of failing to respond to the request. Strickland failed to request a termination of his suspension within three months of the Notice of Suspension; therefore he was subsequently barred from FINRA in all capacities.
Derick Strickland was employed by Allstate Financial Services in Houston from 10/2018 to 12/2021.
If you have losses in an account handled by Derick Montrele Strickland, 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, at no cost to you.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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