Brian Hussey, with Ameriprise Financial Services, Suspended Seven Months from Securities Industry
Have you lost money with financial advisor Brian Hussey of Tampa, Florida? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Brian J. Hussey, Jr. FINRA suspended Hussey from the securities industry for seven months and also considered fining him but Hussey alleged that he had an inability to pay a fine.
FINRA was investigating Hussey for allegations that he made unsuitable investment recommendations to a customer. In particular, Hussey recommended that her client invest 100% of her account in two penny stocks – Fusion Pharm, Inc. (ticker FSPM) and Hemp, Inc. (ticker HEMP). The investments in Fusion Pharm and Hemp, Inc. lost considerable value. FINRA alleged that these stocks were highly speculative, and that these were unsuitable for the customer.
Brian Hussey was a financial advisor and registered representative of Ameriprise Financial Services from February 2008 to May 2018. He worked at a branch office in Tampa, Florida.
Brokerage firms like Ameriprise Financial Services 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 Florida and the Tampa area. Attorney David Neuman is licensed to practice law in Florida. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including Ameriprise Financial Services.
Click to view: Hussey, Brian FINRA AWC
Click to view: Hussey, Brian BrokerCheck 5.24.18
If you lost money with Brian Hussey, Fusion Pharm, Hemp Inc., or Ameriprise Financial Services, 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.