10.0David P Neuman
(720) 599-3505

WARNING! Impending Investigation: TRACY WENGERT and TRANSAMERICA FINANCIAL ADVISORS

SEARCH OUR BLOGS
02
Nov

WARNING! Impending Investigation: TRACY WENGERT and TRANSAMERICA FINANCIAL ADVISORS

Posted by admin | 0 Comment
WARNING!  Impending Investigation:  TRACY WENGERT and TRANSAMERICA FINANCIAL ADVISORS

Tracy Wengert and TransAmerica Financial Advisors

 

Have you lost money with financial advisor Tracy N. Wengert of Mesa, Arizona?  We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Tracy R. Wengert. FINRA barred Wengert from the securities industry, after he failed to respond to an investigation.  Wengert was being investigated by FINRA for allegations that he opened up accounts outside his brokerage firm, TransAmerica Financial Advisors, and made unsuitable trades on behalf of his clients.

 

FINRA alleged that Wengert opened up outside accounts and traded options on behalf of customers.  It was also alleged that he used discretion.  FINRA alleged that he did not have authorization from his firm TransAmerica Financial Advisors to make these transactions.

 

Tracy Neal Wengert was a financial advisor and registered representative of TransAmerica Financial Advisors from January 2012 to February 2015.  He also worked for World Group Securities from 2002 to January 2012.  He worked at a branch office in Mesa, Arizona and lived in the Phoenix area.  Wengert has the subject of at least four customer complaints.

 

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 the Seattle area.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Arizona and the Phoenix area. 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 TRACY WENGERT OR TRANSAMERICA FINANCIAL ADVISORS?   

 

             CONTACT ISRAELS & NEUMAN, PLC FOR A FREE CONSULTATION

                Denver Office: (720) 599-3505

                Seattle Office: (206) 795-5798

 

Click to view:  Wengert FINRA AWC

Click to view:  Wengert 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


Copyright © 2020 Israels Neuman, PLC. All Rights Reserved | Sitemap