March 2026-Boca Raton, FL
According to publicly available records Brett Scott Murphy , (CRD# 2434384) ,  a  stockbroker who is was last registered with Revere Securities, LLC  disclose settlement of a customer dispute.Â
The Financial Industry Regulatory Authority (FINRA)Â is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In FINRA Case 16-2362, a customer of Oppenheimer & Co. alleged damages of $2,000,000 and further alleged that his account was excessively traded in UITs which were unsuitable and that Mr. Murphy was not properly supervised from 7/2011 to the present. In 2018 the customer was paid $542,500 to resolve the matter.
Murphy is not currently registered with FINRA. He was employed by Revere Securities 3/2015 – 6/2021. Prior to that he was employed by Oppenheimer & Co. from 7/2011-3/2015. Prior to that he was employed by Raymond James Financial Services.
If you have questions about an account in an account handled by Brett Murphy, contact us to discuss your legal options.
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Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,  provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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