Securities Lawyers Blog
The investment fraud attorneys are currently investigating USA Financial Securities Corporation (USA Financial) broker Bradley Ford (Ford). According to BrokerCheck Records held by the Financial Industry Regulatory Authority (FINRA), Ford has been subject to eight customer disputes and three regulatory disputes. The majority of these disputes concern the misrepresentation of investments and documents to customers.
Most recently, in April 2018, a customer alleged from August 2013 to November 2016, Ford misrepresented that liquidity and penalty charges of fixed indexed annuities.
In June 2015, a customer alleged that Ford forged the customer’s signature on a strategy request form.
In March 2012, a customer alleged the insurance life policy that Ford recommended and placed the customer in was falsely represented. The case was settled at $450,000 in damages.
Ford has also been subject to various regulatory actions. In June 2009, the Kentucky Department of Insurance found that Ford misrepresented documents to customers by changing the state in which customers had signed their insurance contracts. The Kentucky Department of Insurance imposed a monetary penalty for the false representation.