Securities Lawyers Blog
If you have lost money in your accounts at Madison Global Partners LLC, you may be asking whether you can sue your financial advisor or your brokerage firm. The investment loss attorneys at Gana Weinstein LLP help investors answer that question every day. Brokerage firms are responsible for supervising their brokers, and when a firm fails to supervise, misrepresents an investment, or recommends unsuitable investments, the investor can file a FINRA arbitration claim to recover investment losses.
Madison Global Partners is a broker-dealer that provides brokerage in equities, corporate and government bonds, mutual funds and options, along with underwriting and investment banking services. Formed in New York in 2015, the firm is headquartered in Hauppauge on Long Island and is registered in about 30 states and territories.
Madison Global Partners LLC – By the Numbers:
- CRD #: 285406
- Regulatory Events: 2
- Broker Employees: 19
Madison Global Partners LLC – In the News:
FINRA v. Madison Global Partners LLC (Case #2023077050001) – On nine days between November 2020 and April 2023, Madison Global Partners conducted a securities business while failing to maintain the required minimum net capital. As a result, the firm violated Section 15(c)(3) of the Securities Exchange Act of 1934, Exchange Act Rule 15c3-1, and FINRA Rules 4110(b)(1) and 2010. During the same period, Madison Global Partners failed to seek or obtain approval for a material change in business operations, participating in firm commitment offerings. Therefore, the firm violated FINRA Rules 1017 and 2010. For these violations, Madison Global Partners is censured and fined $20,000.
Gana Weinstein LLP represents investors nationwide, including customers of Madison Global Partners LLC, in FINRA arbitration claims to recover investment losses caused by unsuitable investments, failure to supervise, and other broker misconduct. Our consultations are free and there is no obligation.