Shepherd Smith Edwards and Kantas Texas Misrepresentations and Omissions Lawyers Is Investigating Ex-BOK Financial Securities Broker Gihan Fernando
Texas Stockbroker, Now With Cetera, Has 27 Customer Complaints On His CRD Record
If you suffered investment losses while working with Houston, TX financial advisors Gihan Anil Fernando, Shepherd Smith Edwards and Kantas (investorlawyers.com) want to talk to you. The Texas broker is accused by more than two dozen investors of making misrepresentations and omissions regarding certain investment products while he was a BOK Financial Securities registered representative. According to Gihan Fernando’s CRD, 26 of those FINRA arbitration claims, all filed between 2020 and 2024, resulted in settlements.
Our Houston broker fraud attorneys are investigating further claims of investor losses involving Fernando during his time with BOK Financial Securities and now with Cetera Investment Services. Brokerage firms have a duty to properly supervise their registered representatives and ensure they are not engaging in financial advisor fraud or negligence.
Broker-dealers also are supposed to look at a stockbroker’s record before hiring them to see if they have a history of regulatory violations or customer complaints. They should assess whether this individual could place their own clients’ portfolios at risk.
What Are Misrepresentations and Omissions and Why Are They Problematic?
They are what happens when a financial professional misrepresents or withholds important information from prospective or current investors. This could involve leaving out or not accurately representing pertinent facts about a particular financial product, investing strategy, the risks involved, or other substantive information.
Sometimes misrepresentations and omissions are made because of ignorance or due diligence failures by the broker. They also can occur because the financial advisor sought to purposely mislead or defraud the investor. Misrepresentations and omissions are one of the most common legal grounds cited in investment loss recovery lawsuits by claimants.
Our Texas Misrepresentations and Omissions Lawyers Have Been Fighting for Investors For Over 30 Years
Two of our main securities law offices are located in Dallas and Houston. Shepherd Smith Edwards and Kantas have a collective more than a century’s worth of combined experience in securities law and the securities industry.
During your free, no-obligation case assessment with us, we can help you determine whether you should sue your broker-dealer for damages. Should we decide to work together, you can trust to receive seasoned securities representation and personalized attention.
How To Contact Us If You Suffered Losses While Working With Former BOK Financial Securities Stockbroker Gihan Fernando
Call (800) 259-9010 or fill out our online contact form. You also can directly reach out to one of our Houston, TX broker fraud lawyers at (936) 251-0033 or one of our Dallas, TX financial advisor fraud lawyers at (214) 613-5306.