Broker Complaints: Insight Securities, Inc. (CRD# 5611)

Stock fraud attorneys at Fitapelli Kurta are investigating claims against Insight Securities, Inc.

Insight Securities, Inc. is a broker-dealer firm formed in Delaware in 1970. Insight Securities, Inc. has offices in all fifty states and its main office is located in Highland park, Illinois. Insight Securities, Inc. has a history of FINRA violations and investor complaints in the recent past.

·         In July 2013, Insight Securities, Inc. was fined $5,000 for failing to accurately report numerous transactions to the trade reporting and compliance engine. Specifically, Insight Securities, Inc. improperly combined transactions and in one instance, Insight Securities, Inc. reported the sale of 250 Bonds as one transactions, when Insight Securities, Inc. should have reported it has two separate transactions.

·         In March 2007, Insight Securities, Inc. was fined $7,500 for failing to accurately report trace-eligible securities to the trade reporting and compliance engine. The FINRA findings stated that Insight Securities, Inc. failed to prepare appropriate order tickets for TRACE eligible corporate debt securities.

·         In 1989 an investor was awarded over $13,000 in an arbitration against Insight Securities, Inc. According to Insight Securities, Inc.’s BrokerCheck Report, the investor alleged misrepresentation of fact, unsuitability, unauthorized trading and breach of contract.

If you or someone you know has fallen victim to the financial misconduct of Insight Securities, Inc. or one of its brokers, you may be entitled to full recovery of your losses. Many investors do not realize it, but the law provides investors with a path of recovery by way of arbitration through the Financial Industry Regulatory Authority (FINRA).

The law firm of Fitapelli Kurta prosecutes cases before FINRA arbitration panel for investors nationwide who have been victimized by broker-dealer firms like Insight Securities, or their brokers. The time to file a claim with FINRA is limited, so do not delay. Call 212-568-1502 now to speak directly to an attorney and discuss the merits of your case for free.

Call now.