Investigation of Wayne Schultz and Adirondack Trading Group
Have you lost money with financial advisor Wayne Schultz of Branchburg, New Jersey? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Wayne A. Schultz. FINRA barred Schultz from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Schultz regarding allegations that he “issued notes” to an elderly customer.
Wayne Schultz was a financial advisor and registered representative of Adirondack Trading Group from June 2013 to the present. He also was previously affiliated with Sterne Agee Financial Services from January 2011 to June 2013. He worked at a branch office in Branchburg, New Jersey, and he also is a licensed attorney.
Brokerage firms like Adirondack Trading Group 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 New Jersey. 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 Wayne, ProEquities, Securities America, National Securities Corp., and many others.
Click to view: Schultz FINRA AWC
Click to view: Schultz BrokerCheck 2.5.16
HAVE YOU LOST MONEY WITH WAYNE SCHULTZ OR ADIRONDACK TRADING GROUP?
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