VSR Financial Services

VSR Financial Services is a full-service securities broker/dealer founded in 1985. The company has more than 200 brokers in 30 states and is the second-largest broker/dealer domiciled in the state of Kansas. VSR is a small firm by design an provides individualized service and support. The company is not transaction-oriented and offers no proprietary products. VSR represents more than 80,000 client accounts throughout North America with$5 billion in assets under management.

Additional Information:

VSR Financial Services Ordered to Pay Customer $77,000
A FINRA arbitration panel ordered VSR Financial to pay an investor $77,000 to compensate the investor for damages suffered as a result of VSR’s improper conduct. Claimant asserted the following causes of action: violation of Nebraska state regulatory requirements; breach of fiduciary duty; negligence; failure to supervise; unjust enrichment; violation of federal securities laws; misrepresentation; and fraudulent concealment. Claimant alleged that VSR improperly invested her in several aggressive and high risk securities that were unsuitable given her stated investment objective of conservative growth for the purpose of retirement. Claimant alleged that VSR made these unsuitable recommendations for the purpose of generating fees and commissions and that without regard to the financial interests of Claimant. Claimant also alleged that VSR failed to properly supervise its broker.

If you suffered investments losses, please contact us or communicate with a Dimond Kaplan & Rothstein, P.A. attorney at 888-578-6255 or jkaplan@dkrpa.com for a free case evaluation.