May 2018- Raleigh, North Carolina
According to FINRA records, Stephanie Devan Abee, a stockbroker who is currently employed by Cambridge Investment Research, disclose settlement of two 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 17-02873 a customer of her prior employer Kestra Investment Services (formerly NFP Advisors) sought damages of $125,000 and alleged that the oil and gas investments Abee recommended were not liquid and not suitable and were sold based upon misrepresentations. That case settled for $25,000.
In FINRA Case 16-03045 a customer of her prior employer Transamerica Financial alleged that misrepresentations were made regarding the sale of unsuitable and illiquid investments. That case was resolved for $250,000.
Abee has been employed by Cambridge Investment Research since 4/2016.
If you have questions about an account handled by Stephanie Abee, call for a no charge consultation to discuss your options.
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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