- July 5, 2018
- D.H. Hill Securities
The Wolper Law Firm, P.A. is currently investigating claims against Charles Stephens, a Financial Advisor at D.H. Hill Securities in St. Augustine, FL. Charles Stephens first entered the securities industry in the 1980s and previously worked for NY Life Securities.
According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), Charles Stephens has two (2) pending customer complaints and a total of four (4) complaints during his career. In addition, he has several reported liens/judgments, which may be an indication of financial irresponsibility. Charles Stephen’s customer complaint history includes the following:
- December 2017—”Claimant alleges unsuitable recommendations, breach of fiduciary duty, negligence, failure to supervise and breach of contract during period of 2012 to 2017.”
- August 2017—”Alleges unsuitable recommendations, breach of fiduciary duty, negligence, and breach of contract”
Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
If you or someone you know was a customer of Charles Stephens and you experienced investment losses, please contact the Wolper Law Firm, P.A. at 800.931.8452 or by email at email@example.com to discuss your specific situation and the legal options available. The Wolper Law Firm, P.A. represents investors nationwide in securities litigation and arbitration.
Matt Wolper, the Managing Principal of the Wolper Law Firm, P.A., is a trial lawyers who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. His industry insight, experience and knowledge gives his clients a competitive advantage.