FINRA recently announced that Dermot A. Graham, formerly of PFS Investments, Inc. in Pompano Beach, Florida, has been barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Dermot Graham consented to the findings that he wrongfully and without authorization converted $8,666.12 in funds for his own use and benefit from individuals by securities debit or credit cards linked to their accounts, and used the cards for his personal benefit or a third party’s benefit without the customers’ knowledge or consent.
According to his FINRA Broker Report (CRD), this is not the first time that Dermot Graham has been associated with a claim for securities fraud. Graham’s CRD indicates that he has also been named in at least two customer complaints related to securities fraud. These securities fraud claims appear to have arisen while Graham was working as a stockbroker for PFS Investments, Inc. PFS Investments, Inc. is a FINRA registered broker-dealer based in Duluth, Georgia.
If you have questions about investments you made with Dermot Graham or PFS Investments, Inc., or if you believe that you have been the victim of a securities fraud, The White Law Group may be able to help. To speak to a securities attorney, please call our Chicago office at 312-238-9650 for a free consultation.
The White Law Group is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, visit http://whitesecuritieslaw.com.
Tags: broker fraud, Dermot Graham, FINRA, Florida, Fort Lauderdale, investment losses, investor protection, NASD, PFS Investments, Pompano Beach, securities arbitration, Securities Attorney, Securities Lawyer, South Florida Last modified: December 8, 2022
