Can I Recover Losses from Former Rhodes Securities, Inc. Financial Adviser Christopher Paul Anthony?
Posted on Monday, April 17th, 2017 at 1:18 pm
Erez Law is currently investigating former Rhodes Securities, Inc. financial advisor Christopher Paul Anthony (CRD# 1157930). Anthony was registered with Rhodes Securities in Forth Worth, Texas from 1995 to 2015. Anthony was terminated from his employment at Rhodes Securities regarding allegations of failure to adhere to heightened supervision, and his alleged use of trading with discretion and trading outside the investment objectives stated on the clients accounts. Anthony is not current registered with any brokerage firm.
Anthony has been the subject of two customer complaints between 2016 and 2017, according to his CRD report:
January 2017. “Client alleges breach of fiduciary duty, negligence, and breach of contract. Damage amount requested.” The customer is seeking $2,000,000 in damages and the case is currently pending.
August 2016. “Customer alleges unsuitable investments, churning, and failure to supervise. The time frame of the alleged activity was beginning in 2014 to Spring 2015.” The customer is seeking $100,000 in damages and the case is currently pending.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Rhodes Securities, Inc. may be liable for investment or other losses suffered by Christopher Paul Anthony’s customers.
Erez Law represents investors in the United States for claims against former Rhodes Securities, Inc. financial advisor Christopher Paul Anthony, who is alleged to use discretion in customer accounts. If you were a client of former Rhodes Securities, Inc. financial advisor Christopher Paul Anthony or another firm, and have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.