Selling Away FINRA Arbitration Claims Against Richard Hawkes

Richard Hawkes, a former Valic Financial Advisors broker in California, is not currently licensed to act as a broker or an investment adviser. He was terminated from both Valic Financial Advisors and E*Trade Securities. Hawkes was discharged for “selling away,” which means he sold an investment product not offered or sold by his member firm. This is against securities rules and regulations and is a tactic used by brokers to make large commissions for themselves, without having to share the money with their firm. Hawkes was accused of other securities violations as well.

Richard Hawkes was registered with Equity Services in Montpelier, Vermont from November 1985 until January 2001, WS Griffith Securities in Hartford, Connecticut from February 2001 until October 2001, Morgan Stanley in Purchase, New York from October 2011 until July 2002, Royal Alliance Associates in New York from August 2002 until April 2004, Worthmark Financial Services in St. Paul, Minnesota from April 2004 until December 2004, E*Trade Securities in New York from May 2005 until November 2005 and Valic Financial Advisors in Orange, California from April 2006 until May 2016. He has one customer dispute against him and he is not licensed within the industry. Please call our Chicago-based law firm today to speak to an attorney about your options of bringing an arbitration claim against Valic Financial Advisors. We may be able to help you recover your investment losses on a contingency fee basis.

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