Last Updated: October 2023 (Houston, TX )
Patrick Mendenhall Investigation Summary
Here’s what you need to know about Houston, Texas, stockbroker Patrick Mendenhall:
- Name: Mr. Patrick Mendenhall
- Current Employer: USCA Securities, USCA Capital Wealth Advisors (RIA)
- Previous Firms: UBS Financial Services, Paine Webber
- Function: Stock Broker/ Financial Advisor/Registered Investment Advisor
- Aliases: None
- Primary Location: Houston, TX
- CRD 1068809
- Can Patrick Mendenhall be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award : $650,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Patrick Mendenhall As Your Stockbroker?
Patrick Mendenhall has two settled customer complaints involving customers of USCA Securities and Paine Webber:
- In 8/2020 $200,000 was paid to resolve allegations that Mendenhall made an unsuitable recommendation to invest in a particular stock.
- In 10/2000 a customer was paid $650,000 to resolve allegations that Mendenhall failed to supervise an agent who traded excessively and made unauthorized trades.
Allegations of Broker Misconduct Against Patrick Mendenhall
Customers of Patrick Mendenhall have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Failure to Supervise
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 Patrick Mendenhall, 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.
