INVEST Financial Corporation
INVEST Financial Corporation is a full-service broker-dealer located in
Tampa, Florida and licensed with state insurance agencies in all 50 states.
Founded in 1982, INVEST was the first brokerage firm to sell securities
in bank lobbies. As of 2008, the firm had over 1,200 advisors. INVEST
Financial Corporation's sole purpose is to supervise and support its
registered representatives who offer advisory services and investment
and insurance products.
A securities brokerage firm licensed by FINRA, INVEST Financial Corporation
has a legal duty to supervise its brokers and its brokers' recommendations
to clients to ensure compliance with and prevent violations of the rules
of the security industry. When an individual broker is negligent or acts
in an unlawful manner against the interests of the client and that client
suffers damages as a result of such wrongdoing, the firm may be held liable
for the investor's losses.
Claims and Complaints Against INVEST Financial Corporations
Since its founding in 1982, INVEST Financial has been involved in
20 arbitrations with FINRA and the National Association of Securities Dealers.
The most significant of these cases resulted in a fine of
$1.5 million levied in 2005 for giving preferential treatment to a small number of
sponsors in return for “fees” that amounted to $12.5 million in total.
The 20 cases brought against INVEST Financial in its history includes complaints such as:
- Non-compliance with recordkeeping requirements
- Misrepresentation of facts to investors
- Falsely stating that they were acting as an agent when they were acting
as a principal
- Providing improper investment advice
Do You Have a Claim Against INVEST Financial?
If you have a claim against INVEST Financial Corporation, Meyer Wilson
has the expertise and resources to represent you and protect your rights
as an investor. We have helped clients recover losses in state and federal
courts, and we provide representation nationwide by arbitration through
the Financial Industry Regulatory Authority (FINRA) and the American Arbitration
Association (AAA), as well as private arbitration. We also represent international
clients with claims against brokerage firms in the U.S. through FINRA.
To determine whether you have a case against INVEST Financial Corporation
for your losses, call us or complete our online form for a
free case evaluation.