Investors have come forward with complaints about securities broker Adam R. Melville [CRD: 5311511, Sherman Oaks, California]. Evidently, the securities broker, who worked for Southwest Securities Inc. and Hilltop Securities Inc., disclosed client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. For more on these disclosures about Melville, see below.
Hilltop Securities Inc. Investor Accused Adam Melville Of Unauthorized Trading
Specifically, on February 13, 2020, a Hilltop Securities Inc. client filed a complaint about Adam Melville. Namely, the client alleged that Melville engaged in unauthorized trading. Because of this, the client allegedly sustained damages on municipal bonds. Therefore, the client requested $35,000 in compensation from Hilltop Securities Inc. or Melville. However, Hilltop Securities Inc. denied this complaint.
Adam Melville Disclosed Misrepresentation Allegations By Southwest Securities Inc. Client
Evidently, a client of Southwest Securities Inc. contested Adam Melville’s sales practices, according to a complaint. Allegedly, Melville made misrepresentations of material fact. Supposedly, the stock transactions resulted in damages. Therefore, Southwest Securities Inc. opted to settle the matter on June 28, 2011, by compensating the client in the amount of $7,284.72.
Southwest Securities Inc. Investor Accused Adam Melville Of Unauthorized Trading
Particularly, on April 2, 2014, a Southwest Securities Inc. client filed a complaint about Adam Melville. Namely, the client alleged that Melville engaged in unauthorized trading. Because of this, the client allegedly sustained damages on ETFs. Therefore, the client requested $34,325 in compensation from Southwest Securities Inc. or Melville. Evidently, this complaint has been withdrawn.
- Melville has worked for Hilltop Securities Inc. in Sherman Oaks, CA, as a securities broker since December 22, 2008.
- Melville has worked for Hilltop Securities Inc. in Sherman Oaks, CA, as a financial advisor since March 10, 2009.
Did Hilltop Securities Inc. Securities Broker Adam Melville Cause You To Experience Damages?
Have you suffered damages by investing with Adam Melville? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses or other damages. Soreide Law Group, who has successfully recovered money for hundreds of investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Melville and brokerage firms Melville worked for deny accusations of sales practice violations.