Israels & Neuman, PLC Investigates Mark Trewitt of VFG Securities
Have you lost money with financial advisor Mark A. Trewitt of VFG Securities of Plano, Texas? We are investigating allegations of former customers related to Mark Trewitt. Mark Trewitt’s CRD report, a public record maintained by FINRA, states that Trewitt has been the subject of six customer complaints and FINRA arbitration lawsuits.
Specifically, Mark Trewitt’s CRD contains the following allegations:
- One former client alleged negligent supervision, breach of fiduciary duty, and negligence regarding the sale of private placements, and the customer is claiming $800,000 in damages;
- Another former client alleged overconcentration in private placements, equipment leasing investments, and real estate securities, and the customer is alleging losses of $300,000;
- At least three other customers have made allegations of misrepresentation regarding the sale of private placements and real estate investments.
Mark Trewitt is a registered representative of VFG Securities from November 2010 to the present. He works at a branch office in Plano, Texas.
Brokerage firms like VFG 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 and in Bellevue, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Texas and throughout the greater Dallas area. Our attorneys have represented over one thousand investors against many brokerage firms in the past.
Click to view: Trewitt, Mark BrokerCheck 6.29.17
If you lost money with Mark Trewitt or VFG Financial, please Contact Us at 720-599-3505 or 206-795-5798 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.