Former VSR Financial Services broker, Mickey Long, Suspended by Texas State Securities Board

By November 1, 2016 September 20th, 2017 News

The Texas State Securities Board has reported that former VSR Financial Services Broker Mickey Long, of Plano, Texas, agreed to 45-day suspension.  Per order REG16-SUS-03, Mickey Long (identified as M.F. Long II) was suspended from the securities industry for 45 days.  Long assented to the suspension following the Texas State Securities Board findings of unsuitability in regards to certain investments he recommended to clients.  He recommended alternative investments in non-traded REITs and private offerings of oil and gas companies that allegedly did not match his client’s risk levels.

Since June 2016, Mickey Long has been employed by and registered with Calton & Associates, Inc. Prior to that, Mickey Long was registered with VSR Financial Services, Inc. from June 2002 through June 2016.  Mickey Long is also part of the First Financial Services Group.

Mickey Long’s FINRA BrokerCheck report reveals nine customer disputes, of which five were settled.  The various claims cited in the disputes include unsuitability, misrepresentation, speculative investments, and negligence.

Fishman Haygood represents investors who have suffered investment losses in claims against their brokers or financial advisors. Our experienced attorneys have brought securities fraud cases in state and federal courts across the nation, as well as in FINRA arbitration. We work to help investors recoup their losses.

Of course, all cases are different. For that reason, we analyze each client’s matter individually and provide our personalized evaluation only after considering all of the facts and circumstances of all possible claims. If you or someone you know is the victim of securities fraud, please contact a Fishman Haygood lawyer today.

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