Waddell & Reed – Investor Alert
Galvin Legal is launching an investigation on behalf of investors who may have suffered losses investing with Waddell & Reed. If you suffered losses investing with Waddell & Reed, then Galvin Legal may be able to help you recover your losses in a Financial Industry Regulatory Authority (“FINRA“) arbitration claim.
Waddell & Reed (CRD# 866) (SEC# 8-27030)
As of September 12, 2016, Waddell & Reed’s FINRA BrokerCheck Report contains the following:
27 Regulatory Event Disclosures
1 Civil Event Disclosures
11 Arbitration Disclosures
3 Bond Disclosures
Main Office Location
6300 LAMAR AVENUE
OVERLAND PARK, KS 66202-4200
Mailing Address
P.O. BOX 29217
SHAWNEE MISSION, KS 66201-9217
Business Telephone Number
913-236-2000
Direct Owners and Executive Officers
WADDELL & REED FINANCIAL SERVICES, INC. – SHAREHOLDER
BLOSS, BRENT KYLE (CRD# 4494253) – SENIOR VICE PRESIDENT, TREASURER, DIRECTOR
BURKE, DEREK DAVID (CRD# 2709305) – PRESIDENT, CHIEF OPERATING OFFICER, DIRECTOR
BUTCH, THOMAS WILLIAM (CRD# 2585957) – CHAIRMAN OF THE BOARD, CHIEF EXECUTIVE OFFICER, DIRECTOR
BUYLE, MARK PATRICK (CRD# 2656200) – SENIOR VICE PRESIDENT, ASSOCIATE GENERAL COUNSEL
CHERRIER, KENNETH MICHAEL (CRD# 3135567) – SENIOR VICE PRESIDENT AND CHIEF SUPERVISORY OFFICER
CLOUSE, BENJAMIN RUSSELL (CRD# 6563686) – VICE PRESIDENT, PRINCIPAL ACCOUNTING OFFICER, PRINCIPAL FINANCIAL OFFICER
LARE, KAREN FORSLUND (CRD# 1027556) – SENIOR VICE PRESIDENT
MIHAL, SHAWN MICHAEL (CRD# 3262384) – CHIEF REGULATORY OFFICER, CHIEF COMPLIANCE OFFICER, SENIOR VICE PRESIDENT
SANDERS, PHILIP JAMES (CRD# 2665543) – DIRECTOR
SCHLAFLY, MARK JOSEPH (CRD# 1091509) – EXECUTIVE VICE PRESIDENT
FINRA requires brokerage firms to conduct due diligence on investments and to conduct a suitability analysis when recommending securities to a customer that takes into account the customer’s knowledge and experience. Brokerage firms that fail to conduct adequate due diligence or that make unsuitable recommendations can be held responsible for the customer’s losses in a FINRA arbitration claim.
If you suffered losses investing with Waddell & Reed and would like a free consultation with a securities attorney, then please call Galvin Legal at 1-800-405-5117.
Galvin Legal is a national securities arbitration, mediation, fraud, and investor protection law practice. For more information on Galvin Legal, please visit www.galvinlegal.com or call 1-800-405-5117.
