If you have suffered losses investing with Yardley, Pennsylvania stockbroker BRIAN P. MURPHY (CRD# 2953503), call today for a FREE Consultation regarding your investment loss recovery options.
Did you lose money with stockbroker Brian P. Murphy?
According to FINRA reports, in July 2016 Brian Murphy’s prior brokerage firm, Signator Investors, terminated Brian Murphy after he allegedly admitted to conducting what appeared to be an unapproved outside business activity. Shortly prior to that, also in July 2016, it was reported that a customer alleged Brian Murphy alleged that he created a bogus website in efforts to defraud and customer did not authorize the withdrawals in a variable annuity commencing on or about July 2010.
In the securities industry, when a stockbroker like Brian P. Murphy engages in businesses outside of the firm, or sells investments that are not approved by the brokerage firm they are registered with, the brokerage firm can still be held liable for losses that investors suffer. Moreover, because brokerage firms have a regulatory duty to supervise its brokers and the transaction itself to ensure that securities are suitable for investors, brokerage firms may be held liable for investor losses if they were not properly supervising the broker, or if the broker defrauds a customer of the firm.
Investors with Brian P. Murphy May Have Recovery Options
If you are an investor who has suffered losses investing with Yardley, Pennsylvania financial advisor Brian P. Murphy, 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.