Last Updated: October 2023 (Lakewood, CO)
Ann Werts Investigation Summary
Here’s what you need to know about Lakewood, CO, stockbroker Ann Louise Werts:
- Name: Ms. Ann Louise Werts
- Current Employer: Madison Avenue Securities & AE Wealth Management (RIA), dba Federal Benefits Made Simple An E.A. Buck Company
- Previous Firms: Cabot Lodge Securities, Allied Beacon Partners
- Function: Stock Broker/ Financial Advisor
- Aliases: Ann Louise Gilmore, Ann Louise Howard, Ann Louise Vanderslice, Ann L. Werts
- Primary Location: Lakewood, CO
- CRD 5057784
- Can Ann L. Werts be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Terminated by Prior Employer: Yes
- Highest Settlement : $270,000
- Six Pending Customer Disputes Seek Damages In Excess of $3 million
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Ann Werts As Your Stockbroker?
Two customers of Cabot Lodge Securities have settled cases alleging that Ann L. Werts made unsuitable recommendations to invest in GWG L-Bonds. They were paid a cumulative total of $100,000 to resolve their cases.
Six customers other customers of Cabot Lodge Securities have pending cases alleging that Ann L. Wert made unsuitable recommendations to invest in GWG L-Bonds and other alternative investments. They seek total damages in excess of $3 million.
Allegations of Broker Misconduct Against Ann Werts
Customers of Ann L. Werts have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to purchase GWG L-Bonds
- Unsuitable Investment Recommendation to invest in illiquid alternative investments
- Misrepresentation
- Non-disclosure
- Breach of Fiduciary Duty
- Violations of FINRA Rules 2010,2120,2111.05(a) and 3110
- Lack of Due Diligence
In 4/2009 Ann Werts was ‘permitted to resign from Securities America who allege “Failure to follow firm policy relating to signature use and the supervision of office staff.”
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
The Financial Industry Regulatory Authority (FINRA) 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.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Ann L. Werts, contact us for a complimentary consultation with an experience securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
