Securities Lawyers Blog
Our law firm represents individual and institutional investors that have been mistreated by their brokers and brokerage firms, such as L.J. Hart and Company. Many investors do not recognize broker misconduct in their accounts, and those that do are often hesitant to seek help. Broker misconduct spans many issues that violate industry rules, including unauthorized trading, breach of fiduciary duty, unsuitable asset allocation, and churning. The attorneys at Gana Weinstein LLP can analyze your accounts and investments to determine if there was misconduct in the handling of your account.
L.J. Hart and Company is a municipal bond underwriting and advisory firm that designs financings for local governments and public entities, primarily school districts along with counties, special districts and not-for-profit corporations. Founded in 1991 by Larry J. Hart and based in the Saint Louis area, the firm has completed more than 2,600 municipal financings with a par value above 7.3 billion dollars, mostly in Missouri, and was acquired by Commerce Bank in 2022.
L.J. Hart and Company – By the Numbers:
- CRD #: 28867
- Regulatory Events: 4
- Broker Employees: 19
L.J. Hart and Company – In the News:
FINRA v. L.J. Hart and Company (Case #2014039173301) – Between August 1, 2013 and November 19, 2014, L.J. Hart hired and permitted its employee, B.J., to act on its behalf as a municipal securities representative, despite knowing that B.J. was neither qualified nor licensed in accordance with the rules of the Municipal Securities Rulemaking Board (“MSRB”) to act in that capacity. Throughout that period, B.J. acted as a municipal securities representative by engaging in municipal securities underwriting activities and by providing consulting services in connection with the issuance of municipal securities. Through this conduct, L.J. Hart violated MSRB Rules G-2 and G-3.
Our attorneys have successfully represented hundreds of investors in investment disputes with their brokers and brokerage firms. Our consultations are free and we welcome all inquiries.