Bradley Claus Sold Oil and Gas Investments Without Proper Notification, Allegedly
Between September 2010 and April 2013, Bradley Claus, formerly of World Group Securities, Inc. and Transamerica Financial Advisors, Inc., took part in securities transactions with two customers without providing notice to, and receiving approval from his member firm, and thus violated NASD and FINRA Rules, a FINRA Letter of Complaint alleges. The FINRA complaint also reports that the two private securities in which Claus was involved were RJ Oil & Gas Company LLC and Southern Hospitality.
Claus Made Misstatements in E-mails, Allegedly
Claus, who entered the securities industry in 2003, also made material misstatements of fact in e-mails, from a personal e-mail account not approved by his member firm, to a customer in regards to a potential investment, and thus violated FINRA Rules, the AWC alleges. The e-mails contained the firm’s contact information which made them look as if they were indeed firm e-mails, the AWC notes, even though the firm required Claus to only use an approved firm e-mail in conducting securities business. Claus began working for World Group Securities, Inc. in August 2006, and remained with the firm when it became part of Transamerica Financial Advisors, Inc., the AWC reports. According to regulatory records, Claus was terminated by Transamerica Financial Advisors, Inc. on August 8, 2012 after “the firm reviewed an e-mail sent by the representative to a client offering an investment product not approved for sale by the firm.”
Investment Fraud Lawyers Investigating
If you invested with Bradley Claus, World Group Securities, Inc., Transamerica Financial Advisors, Inc., or any other broker or brokerage firm that caused you to suffer significant losses, you may be entitled to a recovery. Luckily the Peiffer Rosca securities attorneys are currently investigating the case. The Peiffer Rosca securities attorneys often represent investors who lose money as a result of Ponzi schemes, investment fraud, or stockbroker misconduct. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of investment fraud or misconduct may contact the securities lawyers at Peiffer Rosca, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.
Broker: Bradley Claus
Status: INVESTIGATED by Peiffer Rosca.
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