Category Archives: Dougherty & Company

Dougherty & Company Assessed $250K Fine for Failure to Perform Due Diligence

June 18, 2015

Dougherty & Company, a broker dealer and investment adviser with its principal office located in Minneapolis, Minnesota,  consented to the entry of an Order Instituting Administrative and Cease and Desist Proceedings with the Securities and Exchange Commission to resolve allegations that they conducted inadequate due diligence in connection with the underwriting of certain municipal securities offerings.

According to the Order, Dougherty & Company offered and sold certain municipal securities on the basis of materially misleading disclosure statements.

Dougherty & Company was assessed a fine of $250,,000 and agreed to certain remedial undertakings.

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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