Dawn Bennett— Separation Regarding Sales of Promissory Notes
Dawn Bennett, Host of “Financial Myth Busting”, Subject of Six Customer Complaints and One Regulatory Investigation; Permitted to Resign by Western International Securities Inc. Following Disclosure of Promissory Notes with Firm Customers
Dawn Bennett, 53, and host of the radio show “Financial Myth Busting”, is facing multiple customer complaints and one regulatory investigation, according to her FINRA BrokerCheck Report.
Dawn Bennett, for example, is facing a claim that alleges a lack of diversification in their portfolio, from the time period from November 2010 through May of 2014, according to said BrokerCheck report. Another allegation from the BrokerCheck report alleges that Bennett engaged in misrepresentation of facts.
Dawn Bennett was permitted to resign by Western International Securities, Inc. following the discovery of promissory notes with firm customers by registered reps without disclosure to the firm, FINRA reports.
Dawn Bennett Settled a Claim with a Fifteen Year Client, Who, and Despite Her Approval, Requested $1,625,760, Claiming Dawn Bennett Allegedly Violated a Duty; FINRA Granted $100,000
Dawn Bennett, according to her FINRABroker Check, settled a claim with a client, who, following a fifteen year relationship, and despite the client’s approval, requested $1,625,760, claiming that Dawn Bennett allegedly violated a duty, and eventually was granted $100,000.
Despite approval for all transactions, another claimant alleged that some of Bennett’s transactions allegedly violated a breach of duty, and was allegedly negligent in said account from the period of May 2010 through November 2013, requesting $850,000 in damages, FINRA reports.
Finally, Dawn Bennett is facing an investigation that she violated NASD and FINRA Conduct Rules, FINRA’s BrokerCheck reports.
The Peiffer Wolf Carr & Kane Securities Lawyers Often Assist Investors
The Peiffer Wolf Carr & Kane securities lawyers assist investors who lose money as a result of alleged unsuitable promissory note sales. 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 alleged unsuitable promissory note sales are encouraged to contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (585) 310-5140.