INVESTOR ALERT! Investigation of ROY GAYTAN of Thousand Oaks, CA
Roy Gaytan, formerly with TransAmerica Financial Advisors, Suspended from Securities Industry
Have you lost money with financial advisor Roy Gaytan of Thousand Oaks, California? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Roy Aurelio Gaytan. FINRA suspended Gaytan from the securities industry for eight months and fined him $15,000 after he failed to timely respond to a FINRA investigation. FINRA was investigating Gaytan regarding allegations that he exercised discretionary authority to execute transactions in a customer’s brokerage account without disclosing such to his brokerage firm, TransAmerica Financial Services.
Roy Gaytan was a financial advisor and registered representative of TransAmerica Financial Advisors from January 2012 to June 2017. He worked at a branch office in Thousand Oaks, California. Gaytan was also terminated by TransAmerica Financial Advisors for this alleged conduct.
Brokerage firms like TransAmerica Financial Advisors 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 California. Our attorneys have represented over one thousand investors against many brokerage firms in the past.
Click to view: Gaytan, Roy FINRA AWC
Click to view: Gaytan, Roy BrokerCheck 8.8.18
If you lost money with Roy Gaytan or TransAmerica Financial Advisors, 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.