March 2019- El Paso, Texas
According to publicly available records Anthony “Tony” R. Morris , (CRD# 2849581) , a stockbroker who previously worked for Investors Capital Corp and who is currently employed by Lincoln Investment , disclose 3 prior final customer disputes.
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.
In FINRA arbitration 9-5362 a customer of Investors Capital Corp. alleged damages of $641,643 for investment losses and failure to process a transfer. That matter was settled for $35,000.
Morris has been employed by Lincoln Investment since 7/2015. He was employed by Investors Capital Corp. from 2/2002-7/2015.
Investors Capital Corp., a part of the Cetera Group, wound down its operations during 2016, transferring many of its brokers and customers to Summit Brokerage Services.
INVESTORS CAPITAL CORP. SUBJECT OF 21 REGULATORY MATTERS–CEASES OPERATIONS FALL 2016
Investors Capital Corp. withdrew its registration with FINRA in fall 2016. Investors Capital has been named in 21 regulatory matters and a number of customer arbitrations. For more information on Investors Capital Corp, follow this link.
If you have questions about an account in an account handled by Anthony “Tony” Morris , contact us to discuss your legal options.
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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