Soreide Law Group Files FINRA Arbitration on Behalf of Client Against T.R. Winston and James F. Brennen in California

Soreide Law Group has filed a FINRA arbitration on behalf of our client against T.R. WINSTON & COMPANY (“T.R. WINSTON”) and their registered representative, JAMES F. BRENNAN (CRD# 821647).
The Claimant, is a divorced mother of two in her late 50s from San Marino, California, who relied on T.R. WINSTON broker, JAMES F. BRENNAN for investment advice. The law suit alleges that BRENNAN churned the Claimant’s account by placing hundreds of transactions each year. Due to the churning, the suit alleges, the broker/dealer were generating hundreds of thousands of dollars a year for themselves. The Claimant was not notified there was a problem in her account until she was notified by FINRA Regulation in 2015, informing her that they were investigating the Respondents and that her account had in fact been “churned”.
The law suit alleges that BRENNAN traded the Claimant’s retirement funds with reckless disregard. JAMES F. BRENNAN has fifteen (15) reported customer complaints on his U4. The complaints, all resulting in awards or settlements, include but are not limited to: breach of fiduciary duty, breach of contract, deceptive trade practices, churning, fraud, and suitability. In other words, BRENNAN’S customer complaints rank him in the top one-hundredth percent of all registered representatives for customer complaints. The Respondents actions have caused the Claimant damages of approximately $500,000.00.
The law suit alleges negligence, breach of fiduciary duty, negligent supervision, breach of contract and fraud.
If you have experienced investment losses due to broker James F. Brennan of T.R. Winston of California, call Soreide Law Group for a no-cost consultation regarding the possibility of recovery at: 888-760-6552.