Glen Rauch—Sales Practice Violations
Glen Rauch Allegedly Orchestrated a Various Assortment of Serious Sales Practice Violations Which Displayed Disregard for FINRA Rules
Glen Rauch allegedly orchestrated a variety of serious sales practice violations which displayed dishonesty, evasiveness, and a venerable disregard for FINRA Rules leading to customer losses, according to a Complaint from FINRA’s Department of Enforcement currently under review by attorneys Joe Peiffer and James Booker.
For example, Glen Rauch allegedly recommended 10 unsuitable options transactions for a customer’s account while also allegedly mismarking or causing others to mismark electronic order tickets on 10 transactions as “unsolicited” when in fact the transactions were actually solicited, said Complaint further notes.
The Peiffer Wolf securities lawyers are currently investigating Glen Rauch’s alleged serious sales practice violations.
Rauch Allegedly Affected at Least 37 Unauthorized Transactions in Nine Securities
Glen Rauch allegedly also, between June and September 2014, effected at least 37 unauthorized transactions in nine securities while also, between July and August 2014, affecting 16 unsuitable options transactions, according to the aforementioned FINRA Complaint currently under review by attorneys Joe Peiffer and James Booker.
Furthermore, Rauch allegedly also mismarked or caused others to mismark 64 electronic transactions as “unsolicited” when indeed they were solicited, the Complaint also notes.
This process, FINRA notes, gives the untrue impression that an investor has pro-actively proposed executing such transactions, the Complaint reports.
Securities Lawyers Investigating
The Peiffer Wolf securities lawyers often represent investors who lose money as a result of alleged securities fraud scams and are currently investigating Glen Rauch’s alleged serious sales practice violations. 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 Glen Rauch’s alleged serious sales practice violations may contact the securities lawyers at Peiffer Wolf, Joe Peiffer or James Booker, for a free no-obligation evaluation of their recovery options, at 504-523-2434.