Last Updated: September 2023 (Portland, OR)
Shawn McChesney Investigation Summary
Here’s what you need to know about Portland, OR, stockbroker Shawn McChesney:
- Name: Mr. Shawn Paul McChesney
- Current Employer: Not currently registered with FINRA
- Previous Firms: Innovation Partners, Newbridge Securities Corp., Alexander Capital, First Securities Northwest, Forest Securities, Monarch Bay Securities, Paulson Investment Company
- Function: Former Stock Broker/ Financial Advisor
- Aliases: None
- Primary Location: Portland, OR
- CRD 1557960
- Can Shawn McChesney be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement: $100,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Shawn McChesney As Your Stockbroker?
In 9/2021 a customer of First Securities Northwest was paid $100,000 to settle their claim that Shawn McChesney made unsuitable investment recommendations , traded without authority and caused unnecessary capital gains taxes.
Allegations of Broker Misconduct Against Shawn McChesney
A customers o Shawn McChesney has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Triggered unnecessary capital gains tax liability
- Lack of authority
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 Shawn McChesney, 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.
