10.0David P Neuman
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WARNING! Impending Investigation: JOSEPH FARAH – Irvine, CA

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27
Jan

WARNING! Impending Investigation: JOSEPH FARAH – Irvine, CA

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WARNING!  Impending Investigation:  JOSEPH FARAH – Irvine, CA

Joseph Farah, formerly with Gold Coast Securities, Barred from the Securities Industry

 

Have you lost money with financial advisor Joseph Farah of Irvine, California?  We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Joseph C. Farah. FINRA barred Farah from the securities industry regarding allegations that he recommended that a client open an account at TD Ameritrade without disclosing such to his brokerage firm, Gold Coast Securities.  It was further alleged that Farah exercised discretion over the account and made more than 600 trades in the account.  The account at TD Ameritrade lost significant value.  Farah also had discretionary authority over at least four other accounts.

 

Joseph Farah was a financial advisor and registered representative of Gold Coast Securities from 2002 to September 2015.  He worked at a branch office in Irvine, California.  Farah was also terminated by Gold Coast Securities for this conduct.

 

Brokerage firms like Gold Coast 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; Ann Arbor, Michigan; 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:  Farah, Joseph FINRA Order

Click to view:  Farah, Joseph BrokerCheck 1.27.18

 

If you lost money with Joseph Farah or Gold Coast Securities, 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.

 

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.
10.0David P Neuman

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