FINRA censured and fined Mutual of Omaha Investor Services, Inc., $25,000

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Furgison Law Group investigates claims against Mutual of Omaha Investor Services, Inc.

Mutual of Omaha Investor Services, Inc., under investigation

The securities fraud lawyers at Furgison Law Group are currently investigating claims against Mutual of Omaha Investor Services, Inc. The arbitration specialists at Furgison Law Group are investigating claims involving allegations of breach of fiduciary duty, failure to supervise, misrepresentations, omissions of material facts, conflict of interests, violations of state and federal securities laws, along with other broker misconduct.

FINRA fined Mutual of Omaha Investor Services, Inc., $25,000 

FINRA censured and fined Mutual of Omaha Investor Services, Inc. (CRD #611, Omaha, Nebraska) $25,000. The firm consented to the sanctions and to the entry of findings that it permitted a statutorily disqualified individual to be associated with the firm and engage in the firm’s securities business. The findings stated that the individual worked at a firm branch office, reported to its supervisors and, among other things, solicited new customers and provided investment advice to the firm’s securities customers. The findings also stated that the firm failed to maintain a supervisory system reasonably designed to achieve compliance with applicable securities laws and regulations concerning the association of statutorily disqualified individuals. ( FINRA Case #2012034064802)

Investors Have the Right to Recover Their Losses

When investments are sold by brokerage firms licensed by FINRA, they are subject to the laws that FINRA enforces. The brokerage firms are responsible for ensuring that their brokers are trading fairly, ethically and in the best interest of their clients. Ideally, they would accomplish this through careful supervision. Unfortunately, too often this supervision has been inadequate to fully protect investors. If you purchased any investments through a representative of a registered brokerage firm and suffered loses through negligence or fraud, it immediately puts the brokerage firm at fault for failing to supervise their broker. FINRA law then dictates that you can hold the firm legally liable to recover your damages. 

Can I recover my investment losses?

If you lost a substantial portion of your retirement savings or other assets as a result of investments purchased through Mutual of Omaha Investor Services, Inc., please contact us immediately. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Time is of the essence in these claims. The sooner you act, the greater your chances of recovering your investment losses. Don't wait. Contact us TODAY for a FREE Consultation and case evaluation. We will tell you if you have a viable claim worth pursuing.