Last Updated: August 2023 (Houston, Texas)
Gene Theobald Investigation Summary
Here’s what you need to know about Houston, TX, stockbroker Walter Eugene Theobald:
- Broker Name: Walter Eugene Theobald
- Current Employer: RBC Capital Markets
- Previous Firms: Morgan Stanley, Wachovia Securities LLC, First Southwest Company, Masterson Moreland Sauer Whisman, Smith Barney,
- Function: Stock Broker | Financial Advisor
- Aliases: Gene Theobald
- Primary Location: Houston, TX
- CRD #1235214
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Walter Eugene Theobald As Your Stockbroker?
In March 2023, a customer of Gene Theobald alleged that he misrepresented high-risk investments beginning in May 2021, breaching a fiduciary duty to act in the best interest of the clients. Damages were not specified but believed to exceed $5,000. At this point in time RBC Capital Markets has denied the claim.
Allegations of Broker Misconduct Against Walter Eugene Theobald
Customers of Gene Theobald have alleged the following wrongdoing in connection with the handling of customer accounts:
- Breach of Fiduciary Duty
- Misrepresented high-risk investments
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 Walter Eugene Theobald, contact us for a complimentary consultation 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.
Rex Securities Law
4800 N Federal Hwy E-100
Boca Raton, FL 33431
(877) 224-3199
