FINRA Issues Bar To Roger Duval

FINRA reports important information regarding securities broker Roger Allan Duval [CRD#: 2503718, Bellevue, Washington]. Not only has FINRA sanctioned Duval, but one or more investors disputed the sales practices of the securities broker at Pruco Securities and MML Investors Services. However, Duval denies the allegations. Read on to learn more.

FINRA Bars Duval For Conversion

Evidently, on September 18, 2020, FINRA issued Acceptance, Waiver, and Consent (AWC) #: 2019062789901, barring Roger Duval for alleged conversion (unauthorized use of funds). Notably, FINRA barred him from the securities industry. For this reason, he cannot work as a securities broker for any FINRA-member firms.

Roger Duval Allegedly Defaults On Repayment Of Funds To MML Investors Services Client

Evidently, a client of MML Investors Services contested Roger Duval's sales practices by filing FINRA Arbitration #: 20-03129 on September 18, 2020. Supposedly, Duval defaulted on the repayment of funds to the client. Allegedly, Duval caused the client to sustain damages. Therefore, MML Investors Services opted to settle the matter on September 15, 2021, by compensating the client in the amount of $30,000.

Pruco Securities Client Accuses Roger Duval Of Omissions And Misappropriation

Particularly, on March 2, 2020, a Pruco Securities client filed a complaint about Roger Duval. Namely, the client alleged omissions and misappropriation. Therefore, they requested compensatory damages from Pruco Securities or Duval. Evidently, the firm denied this complaint on March 24, 2020.

Pruco Securities Broker Roger Duval Sanctioned By Washington Securities Division For Unauthorized Transactions

Also, Washington Securities Division issued Summary Order S-19-2683-19-TO01 on May 24, 2019, sanctioning Roger Duval. Notably, accusations against the securities broker include unauthorized transactions and misappropriation.

AG Edwards Sons Client Accuses Duval Of Unsuitable And Excessive Trading

Evidently, on October 2, 2000, an AG Edwards Sons client filed FINRA Arbitration #: 00-04156 about Roger Duval. Specifically, the client alleged unsuitable and excessive trading, breach of fiduciary duty, and misrepresentation. Because of this, the client allegedly sustained damages relating to purchases or sales of options. Therefore, on September 17, 2001, AG Edwards Sons settled this matter by paying the client $60,000.

Damages Resulting From Roger Duval?

Have you experienced damages by investing with Roger Duval? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. 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. Please keep in mind that Duval and the brokerage firms Duval has associated with deny any and all allegations of sales practice violations.