AMARILLO, TX
Have you lost money with Byron Treat of Amarillo, Texas? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority. FINRA barred Treat after he failed to respond to an investigation. FINRA was investigating Treat regarding allegations that he failed to reasonably supervise the sales of illiquid church bonds.
Byron Treat was the Chairman, CEO, and Chief Compliance Officer of Great Nation Investment Corp. He worked at branch offices in Amarillo, Texas.
Brokerage firms like Great Nation Investment Corp. have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Texas. Our attorneys have represented over one thousand investors against many brokerage firms in the past.