Brandon Stimpson, Financial Advisor Discharged From Allegis Investment Advisors | Goodman & Nekvasil P.A., May Recover Investment Losses
Brandon Stimpson CRD #4299623
From 2014 until Brandon Stimpson’s discharge in 2017, Brandon Stimpson was licensed with Allegis Investment Advisors in North Logan, Utah. Brandon Stimpson previously licensed with Signator Financial Services, Inc. According to FINRA’s records, Brandon Stimpson was discharged from Allegis Investment Services, LLC on December 13, 2017. Allegis Investment Advisors reported to FINRA that Brandon Stimpson was accused of failing to follow firm policies and code of ethics.
FINRA reports that a complaint was filed involving Brandon Stimpson’s conduct with Allegis Investment Advisors, LLC, alleging a recent trade placed in the advisory account was outside the scope of strategy. This complaint was settled, with Brandon Stimpson contributing $5,000 to the settlement.
FINRA also reports that 3 arbitration claims involving Brandon Stimpson’s conduct with Allegis Investment Advisors have been filed, alleging that the investment portfolio was high risk and unsuitable for the client and/or that the options strategy was unsuitable and a trade in August 2015 caused a loss. These pending arbitration claims seek $400,000, $300,000 and $287,350 in damages.
If you lost any money on options with Brandon Stimpson, you may be able to recover your losses from Allegis Investment Advisors and/or Signator Financial Services, Inc. This is because Allegis Investment Advisors and Signator Financial Services, Inc. had a duty to supervise Brandon Stimpson.
If you lost money on options with Brandon Stimpson and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Allegis Investment Advisors and/or Signator Financial Services, Inc. concerning Brandon Stimpson’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Goodman & Nekvasil, P.A. has recovered approximately $180 million on behalf of victimized investors. If you lost money on options with Brandon Stimpson and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
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