Silver Law Group is currently investigating Centennial, Colorado based broker Joseph Alan Lavigne regarding complaints pertaining to failure to provide due diligence to investor clients and misrepresentation.
Based on FINRA’s BrokerCheck report on Lavigne, a complaint was filed on December 4, 2017 alleging that Lavigne provided misleading information to investor clients during his employment at Spencer Edwards, Inc. The total in damages was $47,034.75.
Lavigne was previously employed at Bathgate Capital Partners LLC from 2002 to 2013. He has been employed at Spencer Edwards, Inc. from 2013 to the present.
Misrepresentation and failure to provide the required due diligence to investor clients are all serious forms of broker misconduct. The firm that the broker is employed with is responsible for supervising and preventing misconduct of this nature. Failure to supervise is a claim that typically is alleged in these circumstances.
Failure to provide due diligence occurs when a broker/brokerage firm fails to ensure that the proper inquiry investigations occur with regards to the securities that they are investing investor funds into. The brokerage firm is required to appoint a manager to facilitate these investigations and brokers employed by the brokerage firm are expected to comply with industry regulations relating to due diligence for investor clients.
Misrepresentation occurs when a broker provides false and/or misleading information to investors with the objective of obtaining their investment. If you invested your capital due to misleading information that was provided to you by a broker willingly or by a broker that did not perform their due diligence to verify the securities you were investing with, then you have the potential of recovering some or even all of your money through FINRA arbitration.
FINRA arbitration is a streamlined way to recover your funds that were lost due to failure to provide due diligence or misrepresentation. The Silver Law Group solely works on a contingency fee basis, which means that you will not have to pay any fees upfront until we recover money for you.
Contact Our Firm if You’ve Invested with Joseph Alan Lavigne
If you invested with Joseph Alan Lavigne and Spencer Edwards, Inc. and have lost money doing so, then you have the potential to recover part or all of your losses. Our firm has many years of experience dealing with recovering investor losses from broker/brokerage misconduct and mismanagement through FINRA arbitration.
Silver Law Group is dedicated to representing the interests of investors who have been victims of investor fraud. If you have questions regarding your potential for recovery or legal rights, please contact Scott Silver or the Silver Law Group for a complimentary consultation at firstname.lastname@example.org or toll-free at (800) 975-4345.