Presidential Brokerage Inc
The law offices of Gana LLP represents investors that have disputes with their financial advisors or brokerage firms, such as Presidential Brokerage Inc. The attorneys at Gana LLP can analyze your investments to determine if there was actionable misconduct by the broker or brokerage firm. Many investors do not realize when their financial advisor engages in securities misconduct, but there are steps that can be taken to recover losses. There are many different types of securities related misconduct including breach of fiduciary duty, failure to supervise, false representations, and churning.
Presidential Brokerage Inc is a brokerage firm that offers investment and advisory services to its clients. Presidential Brokerage Inc is also known as America's Retirement Store, in the locations California and Colorado.
Presidential Brokerage Inc - By the Numbers:
- CRD #:28784
- SEC #: 43930
- Regulatory Events: 1
- Customer Complaints: 4
- Employees: 27
Presidential Brokerage Inc - In the News:
NASD v. Presidential Brokerage Inc (Case #: E3A2002001601) - Presidential Brokerage Inc was fined $70,000 for allegedly misreporting customer complaints. The firm reported customer complaints with inaccurate information and later than the requirements mandate. The firm lacked a proper supervisory system and its enforcement of NASD rules. This failure to properly supervise led to multiple registered representatives to employ trading strategies to customers located abroad. In addition, Presidential Brokerage Inc allegedly recommended the purchase mutual funds that were not economically beneficial to their clients.
FINRA v. Presidential Brokerage Inc (Case #: 14-01815) - Presidential Brokerage Inc was fined $654, 095.80 by FINRA due to their alleged breach of their fiduciary duty, breach of contract, unsuitability, negligence, and failure to supervise regarding a specific account.
NASD v. Presidential Brokerage Inc (Case #: 95- 01600) - The firm was fined $38, 351 for their alleged misrepresentation, suitability, breach of their fiduciary duty, and negligence of a client's account.