Did you incur investment losses with David Paul Rankin?
The Securities Law Firm of Menzer & Hill, P.A. is investigating claims involving David Rankin (“Rankin”) formerly of Lexington Investment related to his alleged failure to disclose a personal loan with a customer.
Rankin has been suspended and fined by FINRA.
Fortunately, for those investors that incurred losses investing with Rankin may be able to recover those losses through the FINRA arbitration process.
Under FINRA rules and regulations, Broker-Dealers are responsible for supervising the actions of those advisors registered with their firm, and therefore may be held liable for the actions of their Broker(s).