Securities Lawyers Blog
According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Gregory Bodkin (Bodkin), currently associated with Revere Securities LLC / Mcg Securities LLC / IBN Financial Services, INC., has been subject to at least 4 disclosable events. These events include 4 customer complaints. Several of those complaints against Bodkin concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,355,156.98 on February 16, 2022.
Fraud, churning, unauthorized trading, excessive trading/commissions, breach of fiduciary duty, unsuitable recommendations, breach of contract, negligence, unjust enrichment, and failure to supervise. No specific dates of alleged activity are provided, due to the numerous clients contained in the claim.