We are in the process of filing an arbitration action with the
Financial Industry Regulatory Authority (FINRA) on behalf of a retired individual who was sold unsuitable investments, including non-traded REITs, by Robin B. Davidson . Davidson, who formerly worked for LPL Financial and Western International Securities, Inc., was suspended by FINRA for 16 months and fined $10,000. The FINRA allegations leading to the consent which Davidson agreed to included:
- Davidsonparticipated in private securities transactions involving a managedforeign currency exchange which resulted in losses to dients in excessof $2 million dollars
- Davidson forged a customer’s name to account related documents
Davidsons CRD indicates numerous customer complaints for unsuitable investments and payouts on settlements exceed $1 million.
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.
Florida-561 391 1900