Did you incur investment losses with ProEquities?
The Securities Law Firm of Menzer & Hill, P.A. is investigating claims involving ProEquities Inc. related to their alleged overcharging on UIT transactions.
ProEquities has been fined $165,000 by FINRA.
Fortunately, for those investors that incurred losses investing with ProEquities 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).