Richard Dale Greer Allegedly Engaged in Misrepresentation, Omission of Material Facts & Conversion of Funds
Richard Greer, from 2012 until May 2018, allegedly engaged in misrepresentation, omission of material facts and conversion of funds from 2012 until May 2018, all according to a customer complaint disclosed in publicly available records maintained by the Financial Industry Regulatory Authority (FINRA).
The investor rights lawyers at Goldman Scarlato & Penny law firm are investigating Mr. Greer’s conduct to determine whether any investors may have claims for alleged misrepresentation, omission of material facts, and conversion of funds. Investors may contact investor rights attorney Alan Rosca to provide information or inquire about their legal options.
Richard Greer is the Subject of a Pending Customer Dispute Alleging Misrepresentation & Requesting $1,000,000
Richard Greer is the subject of a pending customer complaint filed on May 10, 2018, alleging misrepresentation, omission of material facts and conversion of funds, and is requesting $1,000,000 in damages, FINRA notes.
Richard Greer has worked at Merrill Lynch Pierce, Fenner & Smith Inc. in Little Rock, Arkansas since December 5, 1996, FINRA states. He has spent 32 years in the securities industry with three different firms, FINRA states.
Brokerage firms such as Merrill Lynch Pierce, Fenner & Smith 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 Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Richard Greer’s alleged misrepresentation, omission of material facts and conversion of funds. 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 Richard Greer, 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 email@example.com, or through the contact form on this webpage.