There’s a storm brewing in the financial world, and it’s not just an ordinary squall. It’s a tempest that involves serious allegations against a certain financial advisor. The person in question is none other than Terry Armstrong, a broker associated with the firm J.W. Cole Financial, Inc. (CRD 124583). The charges against him? They’re not just a slap on the wrist, but rather serious felonies that could potentially shake the faith of his clients and the industry as a whole.
Shedding Light on the Allegations
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Let’s break down these allegations, shall we? The first charge against Mr. Armstrong is that of Felony/False signature insurance app policy document. In layman’s terms, it implies that he stands accused of forging signatures on insurance application policy documents. To add fuel to the fire, Armstrong has also been charged with the Felony/Use of a 2-way communication device to facilitate a felony. This suggests that he might have used communication devices, such as phones or computers, to commit or aid in the commission of a felony.
But wait, there’s more. The final charge on the list is a Felony/Insurance fraud of $20,000 or more but less than $100,000. This implies that Armstrong is accused of defrauding an insurance company for a substantial amount of money. As of now, he has pled not guilty to all these charges. However, the seriousness of these allegations cannot be overstated.
The Role of Haselkorn & Thibaut in the Investigation
As the storm rages on, a beacon of hope emerges in the form of Haselkorn & Thibaut, a national investment fraud law firm that is currently investigating the advisor and the company. With offices in Florida, New York, North Carolina, Arizona, and Texas, they are well-equipped to handle such cases. Here’s why:
- They boast over 50 years of experience in the field.
- They have a track record of successful financial recoveries for investors.
- They have an impressive 98% success rate.
Furthermore, Haselkorn & Thibaut is offering a free consultation to clients who may have been affected by these allegations. They can be reached at 1-800-856-3352. The firm also operates on a “No Recovery, No Fee” policy, which essentially means that they don’t charge a fee unless they successfully recover your losses.
FINRA Arbitration: A Ray of Hope for Investors
For investors who may have suffered losses due to these allegations, there’s a silver lining. The Financial Industry Regulatory Authority (FINRA) Arbitration can help investors recover their losses. This process is a quicker and less formal alternative to litigation, and it’s often the go-to route for resolving disputes between investors and brokers.
In conclusion, while the allegations against Terry Armstrong are serious, there are avenues available for investors to recover their losses. With the expertise of Haselkorn & Thibaut and the option of FINRA Arbitration, there’s a beacon of hope amidst the storm.
