Tag Archives: Raymond James & Associates

Maria Hendershott-Raymond James Financial Advisor-Discloses Numerous Customer Suits-Houston, Texas

May 2019- Houston, Texas

According to publicly available records Maria E. Hendershott (CRD#818681) , a  stockbroker who is currently registered Raymond James & Associates,  disclose 1 pending and 3 final 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.

The prior disputes include:

  • FINRA Case 17-2601 in which a Raymond James customer alleged that Hendershott grossly mismanaged and churned his account. The case was settled in 9/2018 for $75,000.
  • FINRA Case 16-0784 in which a Raymond James customer alleged that Hendershott made unsuitable recommendations, over concentrated the account, was negligent and violated the Texas Securities Act. The case was settle for $285,000 in 2/2017.

In the pending matter, FINRA Case 18-4029, a customer of Raymond James alleges that Hendershott violated the Texas Securities Act, Texas Fraud Statutes and the Texas Deceptive Trade Practices Act and is seeking damages of $500,000.

Hendershott has been employed by Raymond James since 2/2006.

If you have questions about an investment account handled by Maria Hendershott 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

J.J. Heaton-Former Merrill Lynch Broker-Discloses Customer Dispute Over Annuity Purchase

August  2016-The Villages, Florida

The FINRA records of J.J. Heaton ,  a  stock broker who is currently employed by Raymond James & Assoc. , disclose a pending customer dispute brought by a customer of Merrill Lynch,  Heaton’s prior employer.

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 the pending complaint received June 2016, a customer alleges unspecified monetary damages  for misrepresentation and omission of material facts regarding a variable annuity issued in July 2014.

Heaton has been employed by Raymond James & Assoc. since 1/2016.  He was employed by Merrill Lynch from 7/2012-1/2016.

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