10
Jan

Have you lost money with LUCIA SECURITIES?

INVESTOR ALERT! Dana Bruce Vietor of Cape Securities and CFD Investments in Texas and Iowa

Lucia Securities, LLC and Consolidated Reports – How to Recover Potential Losses

 

We are currently investigating allegations made against Lucia Securities, LLC, a San Diego, California-based securities brokerage firm.  FINRA (the Financial Industry Regulatory Authority) brought a regulatory action against Lucia Securities, making allegations regarding its failure to supervise consolidated reports from January 2016 to December 2016.

 

Brokers may create consolidated reports that display a customer’s investments with that broker, even if the investments (such as non-traded REITs or annuities) are not held in a traditional brokerage account. FINRA has concerns that if consolidated reports are not properly supervised, then they may contain inaccurate or misleading information.  To settle these allegations, Lucia Securities, LLC agreed to pay a fine of $35,000.

 

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Ann Arbor, Michigan; Denver, Colorado; and Seattle, Washington.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout California.  Our attorneys have represented over one thousand investors against many brokerage firms in the past.

 

Click to view:  Lucia Securities FINRA AWC

 

If you lost money through Lucia Securities, please Contact Us at 720-599-3505 for a free evaluation of your case.

 

Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency.  Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency.  All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact.  This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice.  Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis.  In contingent representation, clients may still be liable for costs.