National investment loss lawyers KlaymanToskes is investigating broker Sherwin Sargeant (CRD# 5096798) of PlanMember Securities Corporation.
According to FINRA BrokerCheck, broker Sherwin Sargeant resigned from PlanMember Securities on June 15, 2023 following allegations that the firm discovered reference to an undisclosed business activity during an email review. Sergeant was then barred by FINRA (AWC No. 2023079285701), due to his refusal to appear for on-the-record testimony during FINRA’s investigation into his resignation and undisclosed outside business activities.
Investors that suffered losses with broker Sherwin Sargeant 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.
Financial advisor Sherwin Sargeant resigned from PlanMember Securities on June 15, 2023, following allegations that a background check revealed that the representative appeared to have additional undisclosed outside business activities. The representative allegedly had cooperated with the firm’s review however they resigned prior to providing all requested information. Following his resignation, Sergeant was barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) because he failed to provide on-the-record testimony as requested by FINRA during its investigation into his involvement with undisclosed outside business activities, including those potentially relating to crypto assets.
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 Sherwin Sargeant, or have concerns regarding your investment portfolio at PlanMember 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.