Securities Lawyers Blog
Many investors who have lost money with a broker at TrustFirst wonder whether they can recover their investment losses and how long they have to act. The securities arbitration attorneys at Gana Weinstein LLP represent investors in FINRA arbitration, the forum where most claims against brokerage firms and stockbrokers are decided. Our attorneys can explain the FINRA arbitration process, the time limits that apply to your claim, and the damages that may be recovered.
TrustFirst is a broker-dealer and investment adviser that offers equities, debt securities, mutual funds, government and municipal securities, variable insurance products, options and private placements. Established in Tennessee in 1995 and based in Knoxville, the firm is led by its founder and is affiliated with Trendz Advisors.
TrustFirst – By the Numbers:
- CRD #: 39057
- Regulatory Events: 3
- Broker Employees: 1
TrustFirst – In the News:
FINRA v. TrustFirst (Case #2014039420301) – Between January 1, 2013, and May 31, 2014, Trustfirst distributed offering documents in connection with the sale of three unregistered offerings that contained typographical errors and were internally inconsistent regarding the nature of the offerings’ contingency terms and possible extensions of the contingency. Trustfirst also distributed a PowerPoint presentation, an exhibit to a private placement memorandum, that failed to separately disclose risks associated with one of these offerings or the basis for calculating the estimated yield and termination date, and included a comparison to other investments without discussing the material differences between those investments and the offering. By reason of the foregoing, Trustfirst violated NASD Rules 2210(d)(1)(A) and 2210(d)(2)(B), and FINRA Rules 2010, 2210(d)(1)(A) and 2210(d)(2).
Gana Weinstein LLP represents investors nationwide, including customers of TrustFirst, 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.