Debra Bourne Allegedly Engaged in Unauthorized and Excessive Trading with $2 Million Worth of Damages Requested
Ex Broker Debra Bourne has four pending customer disputes filed in 2019 requesting damages between $300,000 and $2,000,000, according to her FINRA BrokerCheck Report which is under review by investor rights attorney Alan Rosca.
Bourne, for example, allegedly engaged in suitability and excessive trading, according to two separate Pending Customer Disputes filed on Bourne’s FINRA BrokerCheck Report. The aforementioned disputes were filed on April 8, 2019, FINRA states, and damages of $2,000,000 have been requested.
She also allegedly engaged in acts of suitability, excessive trading, breach of fiduciary duty and negligence, according to a Pending Customer Dispute.
The aforementioned dispute was filed on March 25, 2018, FINRA states, and a damage request of $300,000 has been requested.
Allegedly, Bourne engaged in unauthorized trading and suitability, according to Pending Customer Dispute filed on February 15, 2019, FINRA notes. The Damage Amount requested is $668,000.00, FINRA states.
Investor rights attorney Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Debra Bourne’s alleged suitability and excessive trading, and breach of fiduciary duty and negligence. Investors who believe they may have lost money in activity related to ex broker Debra Bourne’s alleged suitability and excessive trading, and breach of fiduciary duty and negligence are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Concerned about investments with
Debra Bourne Settled a Customer Dispute for $90,000
Ex broker Debra Bourne, aka Debra Ann Bourne and Debra Collura Bourne, settled a Customer Dispute which had alleged breach of fiduciary duty, suitability, negligence, and breach of contract, FINRA notes. Said Dispute was filed on July 6, 2015, and had requested $100,000 in damages, but was ultimately settled for $90,000, FINRA states.
She was registered with First Standard Financial Company LLC in Red Bank, NJ from March 17, 2016 until May 8, 2019, FINRA notes.
Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any BrokerCheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog, and are the governing materials in case of any inconsistencies or typos in this blog.
Concerned about investments with
Securities Lawyer Investigating
The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating ex broker Debra Bourne’s alleged suitability and excessive trading, and breach of fiduciary duty and negligence. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.
Investors who believe they lost money as a result of ex broker Debra Bourne’s alleged suitability and excessive trading, and breach of fiduciary duty and negligence may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.