Securities Lawyers Blog
The FINRA arbitration attorneys at Gana Weinstein LLP represent investors who have suffered investment losses at brokerage firms such as Meeder Distribution Services, Inc. Investors who have lost money because of broker misconduct or financial advisor negligence can often recover those losses through FINRA arbitration rather than in court. Our securities arbitration lawyers can review your accounts, explain how a FINRA claim works, and tell you whether you have a case worth pursuing.
Meeder Distribution Services is the distribution arm of Meeder Investment Management, underwriting and distributing the Meeder mutual funds and providing marketing and sales services for local government investment pools. Established in Ohio in 1993 and headquartered in Dublin, Ohio, the firm is part of the family owned Meeder organization and is registered across all United States states and territories.
Meeder Distribution Services, Inc. – By the Numbers:
- CRD #: 36773
- Regulatory Events: 1
- Broker Employees: 42
Meeder Distribution Services, Inc. – In the News:
FINRA v. Meeder Distribution Services, Inc. (Case #2021072620401) – Between March 2018 and February 2019, April 2019 and September 2020, and January 2021 and February 2021, Meeder conducted a securities business while failing to maintain its minimum required net capital, in violation of Section 15(c) of the Securities Exchange Act of 1934, Exchange Act Rule 15c3-1, and FINRA Rules 4110 and 2010. During these periods of time, the firm also failed to maintain books and records reflecting an accurate computation of its net capital; filed with FINRA inaccurate Financial and Operational Combined Uniform Single (FOCUS) reports; and failed to file net capital deficiency notices with the SEC and FINRA when its net capital fell below the firm’s minimum requirement. As a result, Meeder violated Exchange Act § 17(a), Exchange Act Rules 17a-3, 17a-5, and 17a-11, and FINRA Rules 4511 and 2010.
If you are looking to recover stock market losses or recover losses from a financial advisor at Meeder Distribution Services, Inc., Gana Weinstein LLP represents investors in FINRA arbitration and litigation against brokerage firms nationwide. Our consultations are free.