July 2016- Boca Raton, FL
The FINRA records of Pranav V. Patel (CRD 5391213), a stock broker who formerly was employed by Dawson James Securities , disclose that he was recently named in a customer dispute. In May 2016 Patel was charged with criminal conspiracy to commit wire fraud. Follow this link for more information on that matter.
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.
According to FINRA records, in June 2016 a civil case was filed naming Pranav Patel and others alleging damages of $62,855 and alleging that Patel sold ForceField Energy, Inc. to 5 individuals in a transaction not authorized by his then employer Dawson James Securities, Inc. Civil action No. 15-civ. 3020 (NRB) Southern District of New York.
According to FINRA records, Patel was previously registered with Dawson James Securities, Columbus Advisory Group, National Securities Corporation, NSM Securities, CBG Financial Group and Gunn Allen Financial.
If you have questions about an account handled by Pranav V. Patel contact us to discuss your options and to learn how you may be able to recover damages through FINRA arbitration.
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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