Securities Lawyers Blog
The securities attorneys at Gana Weinstein LLP represent investors in their disputes with brokerage firms, such as Investment Placement Group. Our firm can analyze your accounts and investments in order to determine if there was any broker misconduct in the handling of your accounts. Our analysis can reveal whether an investor has been a victim of misconduct such as unsuitable investments, unauthorized trading, excessive trading, or investment fraud.
Investment Placement Group is a broker-dealer firm registered in the United States securities industry. The firm was formed in California in 1983.
Investment Placement Group – By the Numbers:
- CRD #: 14458
- Regulatory Events: 6
- Broker Employees: 63
Investment Placement Group – In the News:
FINRA v. Investment Placement Group (Case #2022073425101) – Between January 2020 and November 2022, IPG failed to reasonably supervise the use of an approved electronic instant messaging platform provided by a vendor and failed to preserve and review certain business-related communications sent and received through the platform. Therefore, it violated Section 17(a) of the Securities Exchange Act of 1934, Exchange Act Rule 17a-4, and FINRA Rules 4511, 3110, and 2010. For these violations, IPG is censured, fined $100,000, and has agreed to an undertaking.
FINRA v. Investment Placement Group (Case #2013039590801) – Between May 2013 and April 2016, IPG paid approximately $3.85 million in commissions to two unregistered entities that were each co-owned by a registered person associated with the firm in violation of NASD Rule 2420 and FINRA Rules 2040 and 2010.
Gana Weinstein LLP has successfully litigated broker disputes through verdict or settlement. We represent both individuals and institutions throughout the country in FINRA arbitration, as well as commercial litigation in state and federal courts. Our consultations are both free and thorough and our securities litigation attorneys can help you uncover wrongful activity in your account.