Investor Alert > Preston Spears— Alleged Negligent Supervision of Sale of 1st Global Capital Notes
Posted Jan 19, 2019
by Alan Rosca

Preston Spears— Alleged Negligent Supervision of Sale of 1st Global Capital Notes

Preston Aubrey Spears Allegedly Negligently Supervised the Sale of 1st Global Capital Notes; $27,319,015.00 in Damages Requested

Preston Spears allegedly negligently supervised the sale of 1st Global Capital Notes by three TCM registered representatives , according to a pending customer disputes under review by attorney Alan Rosca.

The aforementioned dispute was filed on December 10, 2018, FINRA states, and is requesting $27,319,015.00 in damages.

Two other pending customer disputes filed on November 15, 2018, and November 5, 2018, respectively, also allege that Spears engaged in Negligent Supervision in the sale of 1st Global Notes by firm’s RR’s during the year of 2017, and is requesting damages of $623,158.00 and $325,000.00, respectively, FINRA states.

Preston Spears has made lengthy comments responding to the aforementioned allegations which can be found on his FINRA BrokerCheck report, FINRA states.

Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Preston Spears’ alleged negligent supervision. Investors who believe they may have lost money in activity related to Preston Spears’ alleged negligent supervision are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Preston Spears Has Six Disclosures on His FINRA BrokerCheck Report, and Has 25 Years in the Securities Industry with 19 Different Firms

Preston Spears has six disclosures on his FINRA BrokerCheck Report, and has worked for 25 years in the securities industry with 19 different firms, FINRA notes.

Preston Spears has been registered with Taylor Capital Management Inc. in Woodstock, Georgia since August 6, 2009, FINRA reports.

Preston Spears was also registered with Resource Horizons Group LLC in Marietta, Georgia from August 23, 2006 until December 31, 2007, and with Raike Financial Group Inc. from November 2, 2004 until April 5, 2006, FINRA states.

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 mentioned in this article, unless otherwise indicated.

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 Preston Spears’ alleged negligent supervision. 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 Preston Spears’ alleged negligent supervision 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.

Contact us. All evaluations are free

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.

Contact us at 888‑998‑0530 or through the contact form on this page.
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