Joe Treece – Investor Alert
Galvin Legal is launching an investigation on behalf of investors who may have suffered losses investing with Joe Treece. If you suffered losses investing with Joe Treece, then Galvin Legal may be able to help you recover your losses in a Financial Industry Regulatory Authority (“FINRA“) arbitration claim.
Joe Treece (CRD# 2925735)
As of January 18, 2017, Joe Treece’s FINRA BrokerCheck Report contains the following:
Disclosure Events
0 Customer Dispute(s)
3 Regulatory Event(s)
12/30/2016 – Regulatory – Final
Initiated By: Arkansas
Allegations: Treece borrowed money from a client on two separate occasions.
Resolution: Consent
Sanctions: Revocation
12/1/2016 – Regulatory – Final
Initiated By: FINRA
Allegations: Respondent Treece failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.
Resolution: Letter
Sanctions: Suspension
10/18/2016 – Regulatory – Final
Initiated By: FINRA
Allegations: Respondent Treece failed to respond to FINRA request for information.
Resolution: Letter
Sanctions: Suspension
0 Investigation(s)
1 Employment Separation After Allegations
12/8/2015 – Discharged – Arvest Asset Management
Allegations: AAM customer alleges he can assert rights of action for breach of fiduciary duty, fraud, embezzlement, and conversion against Mr. Treece in connection with financial advisory, investment advisory, and stock and securities brokerage services provided to customer by Mr. Treece at other brokerage firms prior to Mr. Treece joining AAM and customer becoming an AAM client. Customer alleges Mr. Treece executed multiple identical buy/sell transactions in customer’s prior accounts at other brokerage firms to generate excessive brokerage commissions.
0 Criminal Disclosure(s)
0 Financial Disclosure(s)
0 Civil Disclosure(s)
0 Judgment(s)/Lien(s)
Previous Registrations
06/17/2013 – 12/18/2015 ARVEST WEALTH MANAGEMENT (CRD#:42057) – BENTONVILLE, AR
08/19/2011 – 06/19/2013 RAYMOND JAMES & ASSOCIATES, INC. (CRD#:705) – ROGERS, AR
06/01/2009 – 09/14/2011 MORGAN STANLEY SMITH BARNEY (CRD#:149777) – FAYETTEVILLE, AR
05/16/2008 – 06/01/2009 MORGAN STANLEY & CO. INCORPORATED (CRD#:8209) – FAYETTEVILLE, AR
01/01/2008 – 05/21/2008 WACHOVIA SECURITIES, LLC (CRD#:19616) – GROVE, OK
02/20/2001 – 01/03/2008 A. G. EDWARDS & SONS, INC. (CRD#:4) – GROVE, OK
09/24/1997 – 02/05/2001 PRUCO SECURITIES CORPORATION (CRD#:5685) – NEWARK, NJ
FINRA requires brokerage firms to conduct due diligence on investments and to conduct a suitability analysis when recommending securities to a customer that takes into account the customer’s knowledge and experience. Brokerage firms that fail to conduct adequate due diligence or that make unsuitable recommendations can be held responsible for the customer’s losses in a FINRA arbitration claim.
If you suffered losses investing with Joe Treece and would like a free consultation with a securities attorney, then please call Galvin Legal at 1-800-405-5117.
Galvin Legal is a national securities arbitration, mediation, fraud, and investor protection law practice. For more information on Galvin Legal, please visit www.galvinlegal.com or call 1-800-405-5117.
