Vaughn Andrews McKay, formerly with Pruco Securities, Barred from Securities Industry
Have you lost money with financial advisor Vaughn Andrews McKay of Shelton, Connecticut? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Vaughn Andrews McKay. FINRA barred Andrews-McKay from the securities industry regarding allegations that he stole $47,000 from two clients of his former brokerage firm, Pruco Securities.
Vaughn Andrews-McKay was a financial advisor and registered representative of Pruco Securities from August 2015 to May 2018. He worked at a branch office in Shelton, Connecticut. Andrews-McKay was also terminated by Pruco Securities for this conduct.
Brokerage firms like Pruco Securities have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Connecticut. Our attorneys have represented over one thousand investors against many brokerage firms in the past.
Click to view: Andrews-McKay, Vaughn FINRA AWC
Click to view: Andrews-McKay, Vaughn BrokerCheck 5.9.18
If you lost money with Vaughn Andrews-McKay or Pruco Securities, please CONTACT US at 720-599-3505 for a free evaluation of your case.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.