David Sheppard, formerly of Meyers Associates, Barred from Securities Industry
Have you lost money with financial advisor David Sheppard of New York, New York? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against David L. Sheppard. FINRA barred Sheppard from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Sheppard for allegations that he engaged in excessive trading (or churning) in four customers’ accounts.
David Sheppard was a financial advisor and registered representative of Meyers Associates from December 2015 to October 2016. He also worked with Aegis Capital from February 2014 to December 2015. He worked at a branch office in New York, New York. Sheppard has been the subject of at least three customer disputes.
Brokerage firms like Meyers Associates and Aegis Capital 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 the Seattle area. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New York. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including Aegis Capital.
Click to view: Sheppard, David FINRA AWC
Click to view: Sheppard, David BrokerCheck 4.6.17
If you lost money with David Sheppard or Meyers Associates, 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.