Goodman & Nekvasil P.A, May Recover Investor Losses | Rennie M Roach (Rennie Roach), Financial Advisor Barred from Securities Industry
From 2004 until Rennie Roach’s resignation in 2015, Rennie Roach was licensed with PFS Investments, Inc. According to FINRA records, Rennie Roach resigned from PFS Investments, Inc. on December 10, 2015. PFS Investments Inc. reported to FINRA that Rennie Roach was permitted to resign while under internal review regarding allegations of borrowing and misappropriation of funds.
Subsequent to Rennie Roach’s termination, FINRA brought a disciplinary action against Rennie Roach in 2016. FINRA reports that Rennie Roach was barred from the securities industry because Rennie Roach failed to respond to FINRA’s request for information.
FINRA reports an arbitration claim/complaint was filed alleging sales practice violations against Rennie Roach. The claim alleged that Rennie Roach misrepresented the features of the variable annuity contracts that the claimant purchased. The claim was settled for $36,351.09.
FINRA also reports 14 different Judgement and/or Liens against Rennie Roach.
If you lost any money on investments with Rennie Roach, you may be able to recover your losses from PFS Investments Inc. This is because PFS Investments Inc. had a duty to supervise Rennie Roach.
If you lost money on investments with Rennie Roach, 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 PFS Investments Inc., concerning Rennie Roach’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 more than $180 million on behalf of victimized investors. If you lost money on any investments with Rennie Roach 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.