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WFG Investments Inc. broker, Stuart Dickinson Barred by FINRA from the Securities Industry

By March 8, 2017September 20th, 2017News

Per a default decision in Disciplinary Proceeding #2012033286901, Stuart Dickinson was barred from any association with a FINRA member in any capacity for selling securities without reasonable grounds for thinking the investments were suitable.  Further, he was ordered to pay restitution to six former clients totaling $924,000.  Dickinson recommended over $1MM in limited partnership interests to various clients without having “reasonable grounds” to recommend such investments.  FINRA alleged that the record showed that he failed to perform an adequate and reasonable investigation and ultimately failed to recognize the limited partnership was a fraudulent enterprise.

Stuart Dickinson’s FINRA BrokerCheck report shows two prior customer complaints of unsuitability that led to settlements in 2012 while employed at WFG Investments Inc.

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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