FINRA assessed Katherine Farber Lapidoth a fine of $15,000 and suspended her for two years
/Furgison Law Group investigates claims against Katherine Farber Lapidoth
The securities fraud lawyers at Furgison Law Group are currently investigating claims against Katherine Farber Lapidoth, Wells Fargo Advisors, LLC and Morgan Stanley Smith Barney. 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 fines Katherine Farber Lapidoth
FINRA assessed Katherine Farber Lapidoth (CRD #1941579, Fort Lauderdale, Florida) a deferred fine of $15,000 and suspended her from association with any FINRA member in any capacity for two years. Lapidoth consented to the sanctions and to the entry of findings that she provided misleading information and altered documents to four state securities regulators in response to inquiries about her termination from her previous member firm. The findings stated that Lapidoth was terminated by her previous firm for sending an unapproved email to prospective clients. Lapidoth was later terminated by her new firm. The findings also stated that Lapidoth failed to produce FINRA-requested documents and information in a timely and complete manner during its investigation into her termination by her new firm. The suspension is in effect from January 19, 2016, through January 18, 2018. (FINRA Case #2013039650502)
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 Katherine Farber Lapidoth, Wells Fargo Advisors, LLC or Morgan Stanley Smith Barney., 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.