Have You Lost Money After Investing with Christopher F. Veale?

As of August 18, 2015, Veale has been suspended by FINRA

With numerous complaints filed against him, several judgments, a felony charge and various other allegations after a lengthy career in the industry, Christopher Veale remains in hot water with FINRA.

The trouble for Veale began as early as August of 2000, when a customer complained that the then Rhode Island broker made unauthorized trades in their account. Although this dispute was denied, it was just the beginning of what would become a career fraught with allegations.

Among the complaints, Veale has been charged with breach of fiduciary obligations, omissions and failure to adhere to customer investment objections, improper trading practices, excessive trading, churning, hiding commission charges, fraud and unsuitable transactions.

In his 18 years in the industry, Veale worked at 18 different firms, a red flag that indicates there may have been trouble wherever he went. Several of these firms have been expelled from the industry and others have been under investigation. He was last employed by Legend Securities in New York, New York. As of August 2015, when he was suspended, the liens against Veale were in excess of $1 million.

Has Christopher Veale acted as your financial advisor? If you have done business with him or would like to get more information about the allegations against him, you can access FINRA’s free BrokerCheck report.

If you suspect that your broker is not acting in your best interest or may be involved in any wrongdoings as it relates to your relationship with him/her, or if you have lost money at the hands of your financial advisor, it is important to know your rights and to seek the services of an experienced securities attorney.

Silver Law Group is a leader in the field of FINRA and securities arbitration. We represent individual and institutional investors across the United States that have lost money at the hands of a trusted financial advisor. We provide our services on a contingency-fee basis, which means we are only compensated if there is a recovery of losses. For more information, contact us and ask for complimentary case review.