DID SHAWN MICHAEL WEADOCK CAUSE YOU INVESTMENT LOSSES?
About Shawn Weadock of Alexander Capital, L.P.?
Shawn Weadock (CRD #2602704) is a financial professional currently employed as a registered broker with Alexander Capital, L.P., in Red Bank, New Jersey, since July 5, 2016. Weadock’s professional history includes roles at multiple firms, such as National Securities Corporation, Burnham Securities Inc., and Rafferty Capital Markets, LLC. His career spans over 28 years in the securities industry, during which he has worked in various trading and sales capacities. Weadock has passed one principal/supervisory exam, three general industry/product exams, and one multi-state securities law exam. Weadock is registered with one self-regulatory organization and holds licenses in ten U.S. states and territories, including New York, New Jersey, and California.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Shawn Weadock Customer Complaints and Reviews
Shawn Michael Weadock has one customer dispute disclosed in his record as follows:
- Customer Dispute Filed October 17, 2024:
- Complaint: Claimants allege breach of fiduciary duty, fraudulent inducement, negligence, breach of contract, and violations of FINRA Rule 2010, relating to investments in private equity products.
- Product: Private Equity.
- Damages: $1,694,000.
- Status: Arbitration is pending, with a case filed with FINRA under Docket #24-02230.
- Broker’s Statement: Weadock denies the allegations, stating he was not the broker for the transactions in question. He asserts that the claims contradict written affirmations by the claimants and the market performance of the investments.
Allegations Against Shawn Weadock
The pending customer dispute against Shawn Michael Weadock centers around allegations of misconduct in private equity investments. Key details include:
- Nature of Allegations: The claimants accuse Weadock of multiple violations, including breach of fiduciary duty, fraudulent inducement, and negligence, resulting in financial damages of nearly $1.7 million.
- Arbitration Status: The case is under review in FINRA arbitration, with no resolution reached as of this date.
Shawn Weadock Red Flags & Your Rights As An Investor
Of course, Shawn Weadock did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Shawn Weadock at Alexander Capital, L.P. on alert to review carefully the activity and performance of their accounts and question whether Shawn Weadock has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Alexander Capital, L.P. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Alexander Capital, L.P.Due To Shawn Weadock
If you have questions about Alexander Capital, L.P. and/or Shawn Weadock and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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