Securities Lawyers Blog
The securities lawyers at Gana Weinstein LLP represent investors who have been mistreated by their brokers and suffered investment losses. Our firm is experienced in bringing claims against brokerage firms, such as Nobles & Richards, Inc., to hold Wall Street responsible for their misconduct. When a client contacts our firm they can expect that our attorneys will have the knowledge and ability to evaluate the potential claims and analyze their trading activity for red flags of misconduct. Our consultations are designed to help provide clients with all available options.
Nobles and Richards is a broker-dealer that limits its business to selling oil and gas interests and limited partnership units in primary distributions and private placements, including wholesaling private placement offerings to other FINRA member firms and providing products, licensing, and compliance services to its registered personnel. Incorporated in Texas in 2007, the firm is headquartered on East Plano Parkway in Plano in the Dallas-Fort Worth area.
Nobles & Richards, Inc. – By the Numbers:
- CRD #: 146870
- Regulatory Events: 2
- Broker Employees: 30
Nobles & Richards, Inc. – In the News:
FINRA v. Nobles & Richards, Inc. (Case #2017055743101) – Between May 2016 and June 2018, the firm violated FINRA Rules 3110(a) and 2010 as a result of failing to conduct reasonable due diligence prior to serving as the managing broker-dealer for two offerings involving Manager A, who was then subject to a consent order and undertaking with a state securities regulator. In a June 2016 contingency offering of securities, the firm violated Exchange Act §15(c)(2), Rule 15c2-4 thereunder, and FINRA Rule 2010 by failing to use an escrow agent and instead transmitting funds directly to the issuer.
Gana Weinstein LLP has successfully handled hundreds of customer investment disputes with their brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.