Campfire Capital Client Alleges Damages In Dispute About Broker Sean McDevitt
Soreide Law Group is examining investor claims concerning securities broker Sean Daniel McDevitt (CRD#: 2786216, Chappaqua, New York), as disclosed on FINRA BrokerCheck. Evidently, McDevitt worked as a securities broker or financial advisor for WoodRock Securities from 2015 to 2016. Also, he worked for Campfire Capital from 2009 to 2021. Take a look at the following summary concerning the allegations against this securities broker, and how an investment loss recovery lawyer can help you recover damages from any improper sales practices against you.
Sean McDevitt’s Campfire Capital Client Alleges Damages Associated With Misused Funds
Particularly, a Campfire Capital client took aim at McDevitt’s sales practices as a securities broker. The client filed an investment dispute on January 13, 2022. Supposedly, they experienced damages stemming from McDevitt’s solicitation of an investment in an entity owned by a third party. The securities broker allegedly wired funds in connection with making the investment. However, those funds were not invested according to the client’s expectations. Supposedly, the client's funds could have been misappropriated. Because of the alleged unreasonable sales practices, the client seeks $500,000 in damages to settle this matter with the securities firm.
FINRA Issues Suspension, Fine To McDevitt For Undisclosed Private Securities Transactions While At WoodRock Securities LP
The regulator sanctioned Sean McDevitt on February 25, 2021. Evidently, it imposed a fine of $10,000 and suspension for six months (March 1, 2021, to August 31, 2021). Notably, FINRA contends that the securities broker violated FINRA rules on private securities transactions when he worked at WoodRock Securities LP.
Losses Through Sean McDevitt?
Did you realize losses because of securities broker Sean McDevitt? If so, call Soreide Law Group at (888) 760-6552 and speak with a helpful securities lawyer about a possible recovery of your losses. Soreide Law Group represents clients on a contingency fee basis. Also, we advance all costs. The firm has recovered significant compensation for a lot of US investors who have experienced losses from their financial advisors and securities brokers. Please note that McDevitt denies all accusations of improper sales practices.
