Sandlapper Securities LLC
The law offices of Gana LLP represents investors that have disputes with their financial advisors or brokerage firms, such as Sandlapper Securities LLC (Sandlapper). 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. The attorneys at Gana LLP can analyze your investments to determine if there was actionable misconduct by the broker or brokerage firm.
Sandlapper Securities LLC is a full service broker dealer and dealer manager of investment products. The firm is affiliated, or under common ownership with Sandlapper Wealth Management, LLC.
Sandlapper Securities - By the Numbers:
- CRD #:137906
- SEC #: 67128
- Regulatory Events: 3
- Customer Complaints: 0
- Employees: 59
Sandlapper Securities - In the News:
Colorado Division of Securities (Case # 13-6-24) - Sandlapper was fined $10,000 for the firm's alleged lack of compliance with two provisions for a registered representative in Colorado. The firm's alleged failure to comply with these provisions of an order of effectiveness, in specific for conducting two unannounced audits and notifying the state to a change in supervisors, which all allegedly occurred during a one year period.
The State of South Dakota Department of Labor Regulation Division of securities (Case #: NONE) - Sandlapper was fined $2,000 for its alleged violation of Rule 502(C) of the Securities Act of 1933, which states that general advertising in the offer and sale of a private placement is prohibited without necessary approval. The firm allegedly failed to properly supervise the representative, in regards to the advertising activities. Sandlapper also allegedly lacked mandatory written supervisory procedures to properly explain the general rules of advertising and solicitation.