Investor Alert > Timothy Ballard— Alleged Excessive & Unsuitable Trading
Posted Dec 18, 2018
by Alan Rosca

Timothy Ballard— Alleged Excessive & Unsuitable Trading

Timothy David Ballard Allegedly Engaged in Excessive & Unsuitable Trading

Timothy Ballard allegedly engaged in excessive and unsuitable trading, according to a customer dispute filed on Ballard’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.

The aforementioned customer dispute was filed on May 29, 2018, FINRA notes, and reports that Ballard allegedly concentrated an investor’s funds in high risk stock investments, failed to conduct proper due diligence, and engaged in misrepresentation, breach of fiduciary duty, and negligence. The damage amount requested is $100,001.00, FINRA notes.

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

Timothy Ballard Suspended by FINRA after Allegedly Failing to Comply with an Arbitration Award or to Satisfactorily Respond to a FINRA Request to Provide Info

Timothy Ballard allegedly failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance, according to a Regulatory Action filed on November 13, 2018 on Ballard’s FINRA BrokerCheck Report

Ballard, hence, has been suspended indefinitely starting on November 13, 2018, FINRA states.

Timothy Ballard worked for Securities America, Inc. in Livermore, CA from April 21, 2015 until November 30, 2016, FINRA states. Ballard has also worked for eight others firms during his 34 years in the securities industry, and also has 10 disclosures on his FINRA BrokerCheck Report.

Ballard also worked at National Planning Corporation in Danville, CA from December 1, 2005 until April 22, 2015, with AIG Financial Advisors, Inc in San Ramon, CA from October 31, 2005 until December 5, 2005, FINRA reports.

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.

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 Timothy Ballard’s alleged excessive and unsuitable trading. 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 Timothy Ballard’s alleged excessive and unsuitable trading 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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