Roger Follis Has An Investor Complaint – Goodman & Nekvasil, P.A., May Recover Investor Losses
B. RILEY WEALTH MANAGEMENT investment adviser, Roger Follis has an investor complaint.
ROGER DANIEL FOLLIS (CRD#: 2653439), a registered broker for B. RILEY WEALTH MANAGEMENT, in Washington, DC, has an investor complaint. According to Follis’ FINRA BrokerCheck report, the claimant alleges Registered Representative took inappropriate risks purchasing unsuitable investments, overtrading options, and deviating from the investment plan. The claimant is requesting $2,600,000.00 in damages.
B. RILEY WEALTH MANAGEMENT subsequently terminated Follis, alleging failure to communicate with clients in a firm-approved manner, failure to maintain books and records for a period of time, failure to timely report a customer complaint and submitting incorrect information in compliance questionnaires.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 1/24/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.