Last Updated: January 2026 — McKinney, TX
Here’s what you need to know about McKinney, TX stockbroker Phillip Falk:
- Name: Phillip Falk
- Current Employer: Emerson Equity LLC
- Prior Firms:
- Fourstar Wealth Advisors, LLC
- Center Street Securities, Inc.
- Great Point Capital LLC
- Blueskye Investment Advisers, LLC
- Great Point Advisors LLC
- Paulson Investment Company, LLC
- Forest Securities, Inc.
- Landolt Securities, Inc.
- Workman Securities Corporation
- Advanced Equities, Inc.
- William Blair & Company L.L.C.
- Credit Suisse First Boston LLC
- Donaldson, Lufkin & Jenrette Securities Corporation
- SG Cowen Securities Corporation
- Cowen & Co.
- Smith Barney Inc.
- Other Business Affiliations:
- CapRock Real Estate
- Symmetry Financial Insurance
- Highland Capital Brokerage
- R. Henry Zaarini
- NextPoint MYGA
- CRD Number: 2372997
- Stockbroker / Financial Advisor: Yes
- Can Broker be Sued in FINRA: Yes
- Current Customer Dispute Seeks Total Damages of: $1,000,000
If you’ve sustained damages from Mr. Falk, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Phillip Falk As Your Stockbroker?
Phillip Falk is currently named in a pending customer dispute filed with FINRA in November 2025 by a customer of Emerson Equity LLC.
FINRA arbitration (Case No. 25-02561) alleges breach of fiduciary duty, negligence and gross negligence, misrepresentations and omissions, violations of FINRA rules, violations of state securities acts and federal securities laws, and violations of Regulation Best Interest in connection with real estate securities purchased between January 2025 and May 2025.
The claimant is seeking $1,000,000 in general and compensatory damages, plus attorneys’ fees, costs, punitive damages, interest, and other relief as deemed appropriate by the arbitration panel. The matter remains pending.
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
FINRA Rule 2111- suitability -Regulation Best Interest
Allegations of Broker Misconduct Against Phillip Falk
The allegations asserted in the pending FINRA arbitration include:
- Breach of Fiduciary Duty – allegations that Falk failed to act in the client’s best interests, a core obligation reinforced for retail customers under SEC Regulation Best Interest (Exchange Act Rule 15l-1).
- Negligence and Gross Negligence
- Misrepresentations and Omissions
- Unsuitability – FINRA Rule 2111 (Suitability).
- Violations of FINRA Rules and State and Federal Securities Laws
Recover Your Investment Losses Now With Rex Securities Law
Our Investigations of Emerson Equity Brokers
If you have suffered investment losses in an account handled by Phillip Falk, contact us for a complimentary consultation with an experienced 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.