The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding New York-based RF Lafferty & Company broker Richard Crockett (CRD# 1209667).
Richard Crockett has spent 23 years in the securities industry and has been registered with RF Lafferty & Company in New York, New York since 2013. Previous registrations include Aegis Capital in New York, New York; Olson Cross & Alamo in Huntington, New York; Brookville Capital Partners in Uniondale, New York; Advanced Equities in Chicago, Illinois; Merrill Lynch in Chicago, Illinois; Lehman Brothers in New York, New York; and Morgan Stanley & Company in New York, New York. Two of his former employers, Brookville Capital Partners and Advanced Equities, have since been expelled by the Financial Industry Regulatory Authority (FINRA). Mr. Crockett is a registered broker in New York.
According to his BrokerCheck report, Richard Crockett is the subject of one customer complaint and one pending customer complaint.
In February 2015 a customer alleged Richard Crockett, while employed at Brookville Capital Partners, provided inaccurate and misleading information from March through September 2009. The customer is seeking $44,733 in damages in the pending complaint.
In 2013 a customer alleged Richard Crockett, while employed at Craig Scott Capital, failed to prevent certain turnover, charged excessive commissions, made unsuitable recommendations, executed unauthorized transactions, acted grossly negligently, failed to supervise, breached his contract, and violated state and federal securities laws. The complaint settled in 2014 for $76,500.
According to FINRA rules and federal securities law, brokers like Richard Crockett are forbidden from executing transactions without a customer’s permission or authorization. There are some exceptions, including discretionary accounts and, in certain circumstances, margin accounts. Brokers, investment advisers, and broker-dealer firms who conduct unauthorized transactions may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you have complaints regarding Richard Crockett, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.