10.0David P Neuman
(720) 599-3505

WARNING! Impending Investigation: CLIFFORD MORGAN and UHLMANN PRICE SECURITIES

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02
Nov

WARNING! Impending Investigation: CLIFFORD MORGAN and UHLMANN PRICE SECURITIES

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WARNING!  Impending Investigation:  CLIFFORD MORGAN and UHLMANN PRICE SECURITIES

Clifford Morgan and Uhlmann Price Securities

 

Have you lost money with financial advisor Clifford D. Morgan of Chicago, Illinois?  We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Clifford D. Morgan. FINRA barred Morgan from the securities industry, after he failed to respond to an investigation.  FINRA was investigating Morgan after he sold promissory notes to investors that were not approved by his brokerage firm, Uhlmann Price Securities.

 

FINRA alleged that from September 2013 to December 2014, Clifford Morgan referred customers to invest in promissory notes of “Company A”, which was purported to be a private trading and financial services company.  FINRA alleged that Morgan referred $1.8 million in investments, and that he personally invested another $200,000 in Company A.  FINRA alleged that Morgan failed to adequately disclose the risks of the company, that he overstated its revenue, and misrepresented that the company had entered into some deals when it had not.

 

Clifford D. Morgan was a financial advisor and registered representative of Uhlmann Price Securities from 2007 to December 2014.  He worked at a branch office in Chicago, Illinois, and he previously worked at a branch office in Exeter, New Hampshire.

 

Brokerage firms like Uhlmann Price 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 the Seattle area.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout the Chicagoland area.  Both of our attorneys are licensed to practice law in Illinois as well. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including LPL Financial, Merrill Lynch, Morgan Stanley, Smith Barney, Stifel Nicolaus & Company, UBS Financial Services, Oppenheimer, Charles Schwab, Wells Fargo Advisors, Ameriprise Financial Services, Raymond James, ProEquities, Securities America, National Securities Corp., and many others.

 

HAVE YOU LOST MONEY WITH CLIFFORD MORGAN OR UHLMANN PRICE SECURITIES?   

 

             CONTACT ISRAELS & NEUMAN, PLC FOR A FREE CONSULTATION

                Denver Office: (720) 599-3505

                Seattle Office: (206) 795-5798

 

Click to view:  Morgan FINRA AWC

Click to view:  Morgan BrokerCheck 10.30.15

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

FREE CASE EVALUATION

DENVER: (720) 599-3505

SEATTLE: (206) 795-5798


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