Charles Burchard, formerly with Allstate Financial Services, Barred by FINRA
Have you lost money with financial advisor Charles Don Burchard? We are looking into allegations made about Chuck Burchard from Conroe, Texas. FINRA (the Financial Industry Regulatory Authority) barred Burchard from the securities industry. FINRA alleged that Burchard has failed to respond to its investigation regarding allegations that he engaged in an undisclosed outside business activity.
Charles Don Burchard aka Chuck Burchard was a financial advisor and registered representative of Allstate Financial Services from February 2013 to June 2019. He worked in a branch office in Conroe, Texas.
Brokerage firms like Allstate Financial Services 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; Seattle, Washington; Ann Arbor, Michigan; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including throughout Texas. Our attorneys have represented over one thousand investors against many brokerage firms in the past.