Brendan Shaw, Two Arbitration Claims Pending Against Financial Advisor | Goodman & Nekvasil P.A., May Recover Losses
Brendan Shaw, Brendan Patrick Shaw CRD #4721215
Brendan Shaw was formerly licensed with Purshe Kaplan Sterling Investments. According to Brendan Shaw’s CRD, two arbitration claims alleging sales practice violations against Brendan Shaw are currently pending. These two arbitration claims allege fraudulent and excessive trading, churning, lack of proper supervision and/or unsuitable investments among other allegations. According to Brendan Shaw’s CRD, these pending arbitration claims allege damages of $7,500,000 and $1,109,814.14.
According to Brendan Shaw’s CRD, the State of Washington Securities Division entered a statement of charges and Notice of Intent to Enter Order to Cease and Desist, To Deny Future Registrations, to Impose Fines, and to Charge Costs (“Statement of Charges”) against Thomson Financial Advisors LLC, Lindsay Thomson, and Brendan Shaw (collectively, “Respondents”). The Securities Division alleges that Respondents violated RCW 21.20.702 and RCW 21.20.020 when they placed a Washington State investor in unsuitable investments related to options trading. Further, the Securities Division alleges that Respondents violated RCW 21.20.020 when they failed to disclose to a Washington State investor the speculative and high-risk nature of their options trading strategy. The Statement of Charges gives notice to Respondents of the Securities Division’s intent to enter an order to cease and desist from violating the Securities Act of Washington, to deny any future securities registration applications that Respondents may file in the future, to impose fines, and to charge costs.
If you lost any money on investments with Brendan Shaw, you may be able to recover your losses. If you lost money on investments with Brendan Shaw 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 concerning Brendan Shaw’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.
Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Brendan Shaw 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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