Securities Lawyers Blog
When FINRA brings a disciplinary action against a brokerage firm, the findings frequently describe supervisory failures, unsuitable investment recommendations, or sales practice violations that affected many customers at once. The FINRA actions described below involve Brighton Securities Corp. The FINRA arbitration lawyers at Gana Weinstein LLP represent investors in FINRA customer disputes against brokerage firms, and a firm’s regulatory record is often important evidence in those claims. Our attorneys can determine whether your investment losses are connected to the conduct FINRA identified.
Brighton Securities is a brokerage and wealth management firm that provides investment advice, financial planning, brokerage of stocks, bonds and mutual funds, insurance, estate planning and tax preparation for individuals, families and businesses. Founded in 1969 and headquartered in Rochester, New York, the firm also has offices in Batavia and Lockport and is registered in all 50 states.
Brighton Securities Corp. – By the Numbers:
- CRD #: 3875
- Regulatory Events: 7
- Arbitration Events: 1
- Broker Employees: 30
Brighton Securities Corp. – Investment Advisors:
- SEC #: 62276
- Assets Under Management: $930,950,057
- ADV Form Employee: 26
Brighton Securities Corp. – In the News:
FINRA v. Brighton Securities Corp. (Case #2015046536701) – Between March 2013 and March 2014 (the “Relevant Period”), Brighton failed to reasonably supervise the sales practices of CK, a registered representative who engaged in a pattern of unsuitable short-term trading of Class A mutual fund shares in six customer accounts. Based on the foregoing, Brighton violated NASD Rule 3010 and FINRA Rule 2010.
Gana Weinstein LLP represents investors in disputes over stock market investment losses, unsuitable investments, and failure to supervise at firms across the country, including customers of Brighton Securities Corp. Call us for a free consultation and a candid assessment of your claim.