Dennis Hayes, formerly with Newbridge Securities Corp. and Salomon Whitney Financial, Subject of FINRA Complaint

Have you lost money with financial advisor Dennis Hayes of Charlotte, North Carolina?  We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Dennis Allen Hayes. FINRA was investigating Dennis Hayes after he was alleged to have engaged in private securities transactions without disclosing such to his former brokerage firm, Newbridge Securities Corp.  He was alleged to have sold $2.7 million in investments in five different companies without disclosing such to Newbridge.  The companies were identified in FINRA’s complaint as MSLLC, IRLLC, BT Inc., KI Inc., and FX Inc.  Hayes was also alleged to have sold customers investments in USA Gold.

Dennis Hayes was a financial advisor and registered representative of Newbridge Securities Corp. from February 2010 to September 2016.  He also was affiliated with Salomon Whitney Financial in April 2017.  He worked at branch offices in Charlotte, North Carolina.   Hayes also owned and operated Dennis A Hayes Financial Services and Dennis A Hayes CPA.

Brokerage firms like Newbridge Securities Corp. and Salomon Whitney Financial 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; and Seattle, Washington.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout North Carolina.  Our attorneys have represented over one thousand investors against many brokerage firms in the past.

Click to view:  Hayes, Dennis FINRA Complaint

Click to view:  Hayes, Dennis BrokerCheck 1.14.19

If you lost money with Dennis Hayes, Salomon Whitney Financial, or Newbridge Securities Corp., 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.