National investment loss lawyers KlaymanToskes is investigating suspended broker Dwayne Jude Bullen (CRD# 6394076) a/k/a Matthew Bullen, formerlyof Worden Capital Management, Joseph Stone Capital, and VCS Venture Securities.
According to FINRA BrokerCheck, broker Dwayne Bullen, formerly of Worden Capital and Joseph Stone Capital, was involved in a customer complaint whereby the customer was awarded $1,277,632 in damages. The customer alleged that their account was fraudulently churned for commissions. The customer also alleged excessive trading, excessive commissions, and unauthorized transactions.
Bullen was suspended by FINRA in July 2022 after he failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.
Investors that suffered losses with broker Dwayne Bullen are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
According to FINRA BrokerCheck, broker Dwayne Bullen, formerly of Worden Capital and Joseph Stone Capital, has been involved in a customer complaint where the customer was awarded $1,277,632 in damages. The complaint alleged churning for commissions and quantitative unsuitability (fraud) (FINRA Rule 2111), and qualitative and quantitative unsuitability (FINRA Rule 2111); failure to supervise and negligent supervision (FINRA Rule 3010); breach of fiduciary contract and implied covenant of good faith and fair dealing; negligent misrepresentation and omissions; and violation of standards of commercial honor and principles of trade (FINRA Rule 2010).
Bullen was suspended from acting as a broker by FINRA in July 2022 after he failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance. The suspension continues until required payment is made or discharged. According to FINRA BrokerCheck, Bullen was registered as a broker with Joseph Stone Capital from August 2020 to September 2021, and with VCS Venture Securities from September 2021 to January 2022.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Dwayne Bullen, or have concerns regarding your investment portfolio at Worden Capital, Joseph Stone Capital, VCS Venture Securities, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.