Investor Alert > Neil Maxwell— Alleged Failure to Comply with Rules Concerning Exploitation, Incomplete Disclosure & Manipulative & Deceptive Practices

Posted Oct 9, 2018

by Alan Rosca

Neil Maxwell— Alleged Failure to Comply with Rules Concerning Exploitation, Incomplete Disclosure & Manipulative & Deceptive Practices

Neil Maxwell Barred by Colorado Division of Securities after Allegedly Engaging in Failure to Comply with Rules Concerning Exploitation & Incomplete Disclosure

Neil Maxwell was barred by the Colorado Division of Securities for allegedly failing to comply with rules concerning exploitation, incomplete disclosure, and manipulative and deceptive practices, all according to publicly available records maintained by the Financial Industry Regulatory Authority (FINRA).

The investor rights lawyers at Rosca Scarlato law firm are investigating Mr. Maxwell’s conduct to determine whether any investors may have claims for alleged failure to comply with rules concerning exploitation, incomplete disclosure, and manipulative and deceptive practices. Investors may contact investor rights attorney Alan Rosca to provide information or inquire about their legal options.

Neil Maxwell was also allegedly not registered with any broker-dealer during the relevant period of said action, FINRA notes. Neil Maxwell has worked for 7 years in the securities industry at 5 firms, FINRA notes.

Neil Maxwell Ordered to Pay Restoration of $170,000 & Maxwell Wealth Planning, Inc. Colorado Investment Adviser License Permanently Revoked

Neil Maxwell ordered to pay restitution of $170,000, and Maxwell Wealth Planning, Inc., is facing the permanent revocation of its Colorado investment adviser license, FINRA states.

Maxwell has also worked at the following firms:

• Edward Jones, Arvada, CO — January 21, 2011 to January 8, 2013
• Key Investment Services LLC, Denver, CO — September 15, 2010 to January 21, 2011
• Wells Fargo Investments, LLC, Wheatridge, CO — November 17, 2006 to August 24, 2010
• Ameriprise Financial Services, Inc., Denver, CO — May 20, 2006 to October 6, 2006

Brokerage firms such as Maxwell Wealth Planning, Inc. have a responsibility to adequately supervise all of their registered representatives who are employed through their firm, to prevent violations of securities rules and regulations. Brokerage firms also must initiate action to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. If and when brokerage firms fail to adequately supervise their registered representatives, they may be held liable for investment losses sustained by customers.

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 Neil Maxwell’s alleged failure to comply with rules concerning exploitation, incomplete disclosure, and manipulative and deceptive practices. 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, has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to securities class actions.

If you or a loved one or a friend has lost money investing with Neil Maxwell, you may contact attorney Alan Rosca or his colleagues 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.

DISCLAIMER

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

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