INVESTOR ALERT! MICHAEL GILHOOLY of South Pasadena, CA BARRED
Michael Gilhooly, formerly with RJJ Pasadena Securities, Barred from Securities Industry
Have you lost money with financial advisor Michael Gilhooly of South Pasadena, California? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Michael James Gilhooly. FINRA barred Gilhooly from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Gilhooly regarding trading activity in a customer’s account and whether such conduct violated securities rules and regulations.
Michael Gilhooly was a financial advisor and registered representative of RJJ Pasadena Securities from 2001 to November 2017. He worked at a branch office in South Pasadena, California.
Brokerage firms like RJJ Pasadena 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 Seattle, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout California and the Los Angeles area. Our attorneys have recovered millions of dollars for investors against many brokerage firms in the past.
Click to view: Gilhooly, Michael FINRA AWC
Click to view: Gilhooly, Michael BrokerCheck 7.17.18
If you lost money with Michael Gilhooly or RJJ Pasadena 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.