Published on:

Broker Complaints: World Equity Group, Inc. (CRD# 29087)

The securities and investment fraud law firm, Fitapelli Kurta, is interested in speaking to investors who have lost money investing through World Equity Group, Inc. World Equity Group, Inc. is an independent broker-dealer firm based out of Arlington heights, Illinois. World Equity Group, Inc. was incorporated under the laws of Illinois in 1991. World Equity Group, Inc. is registered with both the SEC and FINRA. World Equity Group, Inc.’s main office is located at 1650 N. Arlington Heights Rd. Suite 100, Arlington Heights, Illinois. World Equity Group, Inc. has offices in 53 U.S. states and territories.

World Equity Group, Inc. has seven regulatory events disclosed on its BrokerCheck Report.

On February 3, 2015, World Equity Group, Inc. was fined $225,000 for failing to implement an anti-money laundering program designed to protect against, and detect potentially suspicious activity. World Equity Group, Inc. also failed to detect multiple red flags indicating potentially suspicious activity. Additionally, World Equity Group, Inc. employees to have access to private information, which they were not privileged to.

On January 24, 2012, World Equity Group, Inc. was fined $15,000 for failing to transmit all of its reportable orders to the order audit trail system (OATS) for more than a year.

On December 13, 2011, World Equity Group, Inc. was fined $50,000 for permitting one of its brokers to distribute misleading and exaggerated advertisements concerning certain investments. These advertisements were published in local newspapers, as well as community fund-raising and dining program guides, church bulletins, and yellow book business listings.

If you are an investor and have complaints regarding World Equity Group, Inc. regarding money you lost on your investments, call the law office of Fitapelli Kurta now. You may be entitled to full recovery of your losses. The attorneys at Fitapelli Kurta prosecute cases on behalf of investors like you who have lost money as a result of unsuitable investments. These cases are taken on a contingency fee basis only, which means our firm will not receive any compensation whatsoever unless and until you recover money.

Cases are filed with the Financial Industry Regulatory Authority (FINRA) and will submit to arbitration. Fitapelli Kurta has filed hundreds of cases before FINRA and has recovered millions on behalf of investors who have fallen victim to broker misconduct. Do not delay. Call 877 – 238 – 4175 to speak directly to an attorney and further discuss the merits of your case.

Our consultations are always free.

Call 877 – 238 – 4175 now.