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 SP Securities LLC, 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.
SP Securities is a broker-dealer that offers unregistered private placement securities and mergers and acquisitions services to institutional investors and accredited retail investors. Formed in Texas in 2004, the firm is headquartered on Woodway Drive in Houston.
SP Securities LLC – By the Numbers:
- CRD #: 130560
- Regulatory Events: 1
- Broker Employees: 22
SP Securities LLC – In the News:
FINRA v. SP Securities LLC (Case #2021069304501) – In 2020 and 2021, SP Securities participated as a placement agent in two contingency offerings. In both contingency offerings, it failed to use an escrow agent to custody customer funds, in violation of Exchange Act § 15(c)(2), Rule 15c2-4 thereunder, and FINRA Rule 2010. In the 2020 offering, the firm failed to promptly return customer funds when the contingency was not met, and material terms changed in the offering, in willful violation of Exchange Act § 10(b), Rule 10b-9 thereunder, and FINRA Rule 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.