The Seriousness of the Allegation
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On June 16, 2023, a pending customer dispute surfaced against a financial advisor named Tim Weinberg of Cetera Advisor Networks LLC and Cetera Investment Advisers LLC. The client alleges that she was not informed that her investment was illiquid. The disputed amount totals $19,415.06.
For those unfamiliar with the term, an illiquid investment is one that cannot be easily sold or exchanged for cash without a substantial loss in value. It is a serious allegation because it implies that the investor was not given full transparency about the nature of her investment. If proven true, this could signify a breach of fiduciary duty by the advisor.
Currently, the law firm of Haselkorn & Thibaut is investigating the allegations against Weinberg and the associated companies. They are offering a free consultation to clients who may have been affected by this situation.
FINRA Arbitration: A Path to Recovery
The Financial Industry Regulatory Authority (FINRA) offers a platform for arbitration, which can aid investors in recovering their losses. This process is typically faster and less formal than court proceedings, making it a preferred route for many investors seeking restitution.
It is crucial for investors to understand that they have rights and options when disputes arise. With the assistance of experienced legal counsel, they can navigate the complexities of financial regulations and pursue the recovery of their investment losses.
Haselkorn & Thibaut: Your Trusted Legal Ally
Haselkorn & Thibaut is a leading investment fraud law firm with a strong presence across multiple states, including Florida, New York, North Carolina, Arizona, and Texas. With over 50 years of experience in the field, they have a proven track record of successful financial recoveries for investors. Their success rate stands at an impressive 98%.
- Over 50 years of experience
- 98% success rate
- Offices in Florida, New York, North Carolina, Arizona, and Texas
Moreover, Haselkorn & Thibaut operates on a “No Recovery, No Fee” policy, underscoring their commitment to their clients’ success. They offer a free consultation to potential clients, which can be availed by calling 1-800-856-3352.
If you or someone you know has been affected by this situation or similar investment disputes, do not hesitate to reach out to Haselkorn & Thibaut. Their team of seasoned legal professionals is ready to assist you in seeking justice and financial recovery.
