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Former H. Beck, Inc. Financial Advisor, Richard Poston, Subject To A Customer Complaint For Allegedly Recommending Unsuitable And Illiquid Non-Traded REITs

The Wolper Law Firm is currently investigating claims against former H. Beck Financial Advisor, Richard Poston, from Plano, TX.

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), in July 2017, Richard Poston, was the subject of a customer complaint, alleging that he sold a customer illiquid, non-traded real estate investment trusts (REITs).  The customer further alleges that the recommendation was unsuitable and has resulted in damages of $500,000. This matter remains pending.

In 2016, Richard Poston was the subject of another customer complaint with similar allegations.  The alleged damages were $200,000 and the matter was settled for $185,000.

Richard Poston has been discharged by H. Beck.

If you or someone you know was a customer of Richard Poston at H. Beck and you experienced investment losses, please contact the Wolper Law Firm at 800.931.8452 or by email at mwolper@67.43.6.64to discuss your specific situation and the legal options available.  The Wolper Law Firm represents investors nationwide in securities litigation and arbitration.

Attorney Matthew Wolper

Attorney Matthew WolperMatt Wolper is a trial lawyer who focuses exclusively on securities litigation and arbitration. Mr. Wolper has handled hundreds of securities matters nationwide before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (“AAA”), JAMS, and in state and federal court. Mr. Wolper has handled and tried cases involving complex financial products and strategies ranging from traditional stocks and bonds to options, margin and other securities-based lending products, closed/open-end mutual funds, structured products, hedge funds, and penny stocks. [Attorney Bio]