Investors potentially incurred losses because of securities broker Joseph Henry Johnson [CRD: 1312422, Woodbury, New York], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Joseph Johnson worked for Vanderbilt Securities LLC beginning on February 2, 2011, and later became registered with Vanderbilt Advisory Services on October 26, 2016. Investors should continue reviewing this article to find out more about the disclosures involving this individual.
Evidently, on May 1, 2023, a Vanderbilt Securities LLC client filed FINRA Arbitration No. 23-00810 concerning Joseph Johnson. Mainly, the client alleged that Johnson engaged in unsuitable trading and excessive trading. For this reason, the client allegedly experienced damages related to stocks. Consequently, the client requested $300,000 in compensation from Vanderbilt Securities LLC or Johnson. It appears that this arbitration is pending a resolution.
Particularly, a client filed a complaint about Joseph Johnson. Primarily, the client alleged that Johnson churned accounts. Because of this, the client allegedly incurred damages connected to exchange-traded funds and mutual funds. Therefore, on August 3, 2011, Princor Financial Services Corporation settled this matter by paying the client $26,437.26 in damages.
Notably, FINRA issued Case: 2010024001501 on April 11, 2013 sanctioning Joseph Johnson for infractions. Allegedly, Johnson engaged in unsuitable trading by recommending short-term trading and switching of municipal bond closed-end funds in a joint brokerage account with long-term, conservative objectives. As a result, Johnson was suspended for 30 days, from May 6, 2013 through June 4, 2013, and assessed a $5,000 fine, which was paid in full on November 26, 2013.
Do you need clarification on any investment losses relating to Joseph Johnson? Contact Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee basis and advances all costs. Johnson and brokerage firms Johnson worked for deny allegations of sales practice violations.
ROBERT SCOTT SMITH (ROBERT S SMITH) is currently registered as a broker with EMERSON EQUITY LLC of Newberg, Oregon, since 4/3/2020. He was previously registered as a broker with CONCORDE INVESTMENT SERVICES LLC of Newberg, Oregon, 05/06/2011 - 04/06/2020. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, ROBERT S SMITH has 39 […]
MARILEE ANN HILL (MARILEE A HILL, MARILEE ANN HANSEN) has been registered as a broker with EMERSON EQUITY LLC of San Mateo, California, since 3/26/2020. She was previously registered with PRIMEX of Christiansted, St. Croix, VI, from 10/13/2014 - 04/20/2020. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, MARILEE A HILL has […]
Investors potentially experienced sales practice violations by securities broker Nicholas Thomas Stafford IV (also known as Nicholas Lance and Lance Stafford) [CRD: 2900449, Atlanta, Georgia], given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Stafford worked for Bridge Capital Associates Inc. from January 10, 2020, to March 3, 2022, Emerson Equity […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com