Wellington Robert Smith—Improper Business Practices
Wellington Robert Smith Terminated by Mutual of Omaha for “Improper Business Practices” Relating to Smith’s Alleged Interference “With Client Health Screening Telephone Interviews during the Underwriting Process”
Wellington Robert Smith was terminated by Mutual of Omaha terminated for “improper business practices”, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and Joe Peiffer.
Smith’s alleged “improper business practices” relate to Smith’s purported interference “with client health screening telephone interviews during the underwriting process” regarding certain insurance applications, the AWC notes.
The Peiffer Rosca Wolf securities lawyers are currently investigating Wellington Robert Smith’s alleged improper business practices.
Wellington Robert Smith Barred for Refusing to Provide Testimony as Requested by FINRA in Connection with His Termination from Mutual of Omaha
Wellington Robert Smith barred by FINRA for allegedly refusing to provide testimony as requested in connection to the circumstances surrounding his termination from Mutual of Omaha, according to the aforementioned AWC currently under review by attorneys Alan Rosca and Joe Peiffer.
In April 2015, FINRA began investigating the circumstances surrounding Smith’s termination from Mutual of Omaha, and sent Smith’s counsel a letter requesting that Smith appear for on-the record testimony on December 17, 2015, the AWC notes.
Smith allegedly failed to appear for testimony on March 2, 2016, therefore subsequently violated FINRA Rules, and, hence, has been barred by FINRA, the AWC reports. One should also note that, according to the AWC, Wellington Robert Smith neither admitted nor denied the FINRA findings.
Securities Lawyers Investigating
The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged improper business practices and are currently investigating Wellington Robert Smith. 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 Wellington Robert Smith’s alleged improper business practices may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.