Losses in Hawk Systems, Inc. and Hawk Biometric Technologies
Have you lost money investing in Hawk Systems, Inc. and Hawk Biometric Technologies? Our firm is investigating the sale of investments in Hawk Systems and Hawk Biometric Technologies, after multiple news sources, including the New York Daily Times and the Palm Beach Post covered stories about these companies. The stories reported that Hawk Systems and Hawk Biometric were financial scams, and that investors lost significant money in these companies.
Our firm is investigating whether certain financial advisors recommended Hawk Systems and Hawk Biometric Technologies to their customers. It has been alleged that an advisor who was formerly with Buckman, Buckman & Reid in Boca Raton, FL, recommended these companies to some of his customers.
Brokerage firms like Buckman, Buckman & Reid 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; Ann Arbor, Michigan; and Seattle, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout southern Florida. Attorney David Neuman is licensed to practice law in Florida. Our attorneys have represented over one thousand investors against many brokerage firms in the past.