Last Updated: May 2024 (Wylie, Texas)
Kevin Finnell Investigation Summary
Here’s what you need to know about Wylie, Texas, stockbroker Kevin Finnell:
- Name: Mr. Richard Kevin Finnell
- Current Employer: Not currently registered with FINRA
- DBA: Modern Woodmen of America
- Previous Firms: MWA Financial Services, Woodmen Financial Services, Foresters Equity Services
- Function: Stock Broker/ Financial Advisor
- Aliases: Kevin Finnell
- Primary Location: Wylie, Texas
- CRD 4331026
- Can Kevin Finnell be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $65,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Kevin Finnell As Your Stockbroker?
In 2021 a customer of Woodmen Financial Services was paid $65,000 to resolve allegations that Kevin Finnell was involved in two unauthorized withdrawals totaling $39,250. The claim also alleged fraud in that Mr. Finnell forged a signature and witnessed a forged signature.
[LEARN MORE]:
Investigations involving Theft and Misappropriation of Customer Funds
Investigations involving forgery by financial advisors
Allegations of Broker Misconduct Against Kevin Finnell
A customer of Kevin Finnell has alleged the following wrongdoing in connection with the handling of customer accounts:
- Involved in two unauthorized withdrawals
- Forged a signature
FINRA Rule 2010-states that a brokerage firm: “in the conduct of its business, shall observe high standards of commercial honor and just and equitable principles of trade.”
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 Kevin Finnell, 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.