BB&T Scott & Stringfellow Investment Attorneys
The investment attorneys at Gana LLP represent clients who have been the victims of securities and investment related misconduct. Our firm is experienced in holding financial advisors and brokerage firms, such as BB&T Scott & Stringfellow, responsible for their misconduct. Among the claims that could be brought in an action are misleading communications, securities fraud, and breach of fiduciary duty and the wrongful sale of individual investment products such as leveraged exchange traded funds, variable annuities, and penny stocks that may have been inappropriate investments. Potential client can expect that our attorneys will have the ability to evaluate the potential claims and analyze the client’s trading activity for red flags of misconduct. Our consultations are designed to help provide answers to client questions and explore available options.
BB&T Securities, LLC is a wholly-owned subsidiary of BB&T Corporation a financial services holding company headquartered in North Carolina and sole member of BB&T Securities. The firms’ dealings include U.S. Government and agency obligations, corporate debt and equity securities, state and municipal securities, mortgage and other asset-backed securities, money market and other financial instruments. The firm also offers mutual funds, annuities and life insurance products. On January 1, 2013, Clearview Correspondent Services, LLC, entered into a merger agreement with Scott & Stringfellow, LLC,
BB&T Scott & Stringfellow is affiliated with, under common control, or otherwise performs business under the company names BB&T Securities, LLC and Clearview Correspondent Services, LLC.
BB&T Scott & Stringfellow – By the Numbers:
- CRD# 142785
- SEC# 8-67486
- 34 Regulatory Events
- Account Assets: $7.2 billion
- Representatives: 752
BB&T Scott & Stringfellow – In the News:
FINRA v. BB&T Securities, LLC - FINRA fined BB&T Securities, LLC f/k/a Clearview Correspondent Services, LLC $300,000 concerning allegations that its affiliate and former member firm, Scott & Stringfellow LLC (S&S), effected sales of unregistered securities in contravention of Section 5 of the Securities Act of 1933. FINRA alleged that from September 2011 to December 2011 S&S effected sales or unregistered securities in violation of Section 5 of the Securities Act of 1933. FINRA also alleged that during this period S&S failed to enforce its written supervisory procedures concerning tile sale of unregistered securities.