Boca Raton, Florida
UPDATE APRIL 2017-FINRA records indicate that FINRA arbitration 16-0849, described below, was settled in February 2017 for $295,000.
ORIGINAL POST JUNE 2016
According to FINRA records, Sean W. Mollard , a stockbroker who is currently employed by Westpark Capital, Inc. , discloses a pending customer dispute. He also discloses a final regulatory event .
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.
In currently pending FINRA Case 16-000849, a customer while Mollard was employed by Dawson James Securities, alleges damages of $1,000,000 for failure to follow instructions, material misrepresentations and omissions, excessive trading and commissions, unauthorized trading, unsuitable recommendations and breach of contract.
In 2014, Mollard was fined $5,000 and suspended for six months. These sanctions were imposed to resolve FINRA allegations that Mollard failed to timely respond to FINRA requests for information and documents. It was not until FINRA issued a Notice of Suspension to Mollard that he responded to the requests. FINRA Case#2012034500102.
If you have questions about an account handled by Sean W. Mollard, call for a no charge consultation.
Rex Securities Law Investment Fraud Attorney Investigates Dawson James Securities
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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