Investigation into claims against Scott Allen Sibley and Raymond James
By Sean Sweeney on May 03, 2017
Attorney Sean Sweeney with the Securities Lawyers is looking into potential claims regarding Scott Allen Sibley, Raymond James, and Moors & Cabot, Inc. According to public records Mr. Sibley was barred from FINRA "for allegedly making unauthorized trades for one customer, making unsuitable recommendations to 10 customers and then creating false records of the trades."
If you were a client of Scott Allen Sibley and Raymond James or Moors & Cabot, Inc. and lost money in your account, we are interested in discussing a potential claim with you. Brokerage firms like like Raymond James and Moors & Cabot, Inc. have a responsibility to supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. The brokerage firm is not only legally responsible for the acts of its agents, like Scott Allen Sibley, the brokerage firm (Raymond James or Moors & Cabot, Inc.) may also be liable for investment losses sustained by customers for a failure to supervise.Attorney Sweeney and the other Securities Lawyers at Halling & Cayo have recovered millions of dollars for investors across the country. Reviewing FINRA's Broker Check, there have been 16 customer complaints against Scott Allen Sibley and his brokerage firms, including Raymond James have paid a total of more than $750,000 to settle those claims.
The market has gained an average of more than 7% returns over the last 5 years and yet some investors, put into overly risking trading strategies, despite promises of guaranteed returns, have lost significant sums. Halling & Cayo S.C. is researching bringing claims on behalf of individual(s) and/or a group of investors for recovery of their funds. Most customers will have signed a FINRA arbitration agreement to resolve disputes, including claims for reimbursement of these types of investment losses. As the SEC reminds investors, it can be important to find an attorney that “specializes in resolving securities complaints.” If you were a customer of Scott Allen Sibley and Raymond James or Moors & Cabot, Inc. and suffered investment losses, please contact Attorney Sean M. Sweeney at 414-755-5020 or email@example.com. We only get paid if we recover your money . Your claim may be subject to a time limit or statute of limitations, so contact an attorney right away.
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“At The Securities Lawyers, you get hands-on involvement from a partner level attorney. If I'm on your case, there will be associates and paralegals assisting, but I will be the one trying your case, negotiating settlements, and mediating your case.” Sean M. Sweeney