Colorado Brokerage Firm Spencer Edwards, Inc. Charged with Suitability and Selling Away Violations
The Sonn Law Group is currently investigating broker Spencer Edwards, owner of brokerage firm Spencer Edwards, Inc. which is located in Centennial, CO (CRD # 22067).
A recent customer complaint against Spencer Edwards, Inc. alleges that between 2013 and 2014 the brokerage firm sold to its customers over $400,000 of convertible notes in a non-pubic company using a private placement offering conducted by the firm.
The complaint states that by recommending purchases of the notes without a reasonable basis to conclude they were suitable for investors, Spencer Edwards, Inc. violated FINRA Rules 2111 (suitability) and 2010 (standards of commercial honor).
The experienced securities fraud attorneys at the Sonn Law Group are interested in speaking with any individual who has ever invested money with Spencer Edwards or Spencer Edwards, Inc. Please contact us now to speak with an attorney about your situation. You may be entitled to compensation for losses incurred due to negligent or unlawful conduct.