If you have suffered trading losses with San Francisco, California-based stockbroker John Scott Hudnall, call today for a FREE Consultation regarding your investment loss recovery options.
According to FINRA reports, following an investigation by the Financial Industry Regulatory Authority into the sales practices John S. Hudnall (CRD# 4200298), FINRA has recommended that disciplinary action be brought against Mr. Hudnall for allegedly recommending unsuitable investments to customers as well as making deceptive or fraudulent statements to customers regarding the recommended investments.
A customer complaint is currently pending against John Hudnall for allegedly recommending the purchase of the Wells REIT which unsuitable for the customer based on her risk tolerance and investment objectives.
Stockbrokers have a regulatory obligation to only recommend or engage in transactions that are suitable for their customers and to ensure that any recommendation to purchase investment products are suitable for the needs of each customer. Risky real estate investment trusts (REITs) like the Wells REIT may not be suitable for certain investors, and both the stockbroker and brokerage firm that they are registered with may be held liable.
John S. Hudnall is currently not licensed to act as a stockbroker. He was formerly registered with U.S. Bancorp Investments, Inc.
If you are an investor who has suffered losses investing with John Scott Hudnall, you may be able to recover your losses through FINRA arbitration or securities litigation. Please call Kons Law Firm at (312) 757-2272 for a FREE, NO OBLIGATION consultation to discuss your investment loss recovery options.
Kons Law Firm represents investors nationwide in securities arbitration and litigation matters. To learn more about the Firm’s securities litigation and FINRA arbitration practice, please visit www.investmentlossattorney.com.