Investor Lawsuit Investigation – Meredith Webber
The White Law Group is investigating potential securities claims involving former financial advisor Meredith Webber (CRD#: 2435263), who was recently barred by the Financial Industry Regulatory Authority (FINRA) following allegations of potential misappropriation of funds from two elderly clients.
FINRA Investigation and Bar
According to FINRA records and a Financial Advisor IQ report dated July 30, 2025, Webber failed to provide documents, information, and on-the-record testimony requested by FINRA as part of its probe into whether she misappropriated client assets. The investigation stemmed from her termination by Raymond James in July 2024 for “accepting a loan from a customer without seeking firm approval.”
In August 2024, Raymond James filed an amended form indicating an internal review into Webber’s potential misappropriation of client funds. FINRA’s order noted that her refusal to cooperate with the investigation impeded its ability to complete the inquiry. Without admitting or denying the findings, Webber consented to a permanent bar from the securities industry.
Employment History
Webber had 26 years of experience in the securities industry and was registered with seven firms, including:
- Raymond James Financial Services, Inc. (2022–2024)
- Ameriprise Financial Services, LLC (2006–2022)
- Thrivent Investment Management Inc. (2004–2006)
- Morgan Stanley DW Inc. (2003–2004)
- UBS PaineWebber Inc. (2002–2003)
- Ferris, Baker Watts Incorporated (2001–2002)
- A.G. Edwards & Sons, Inc. (1997–2001)
Customer Complaints and Disclosures
- July 2, 2024 – Employment separation after allegations of violating firm policy and FINRA Rule 3240 by accepting a loan from a customer.
- June 20, 2020 – Customer dispute alleging misappropriation of funds to a bank account without client access (denied).
- April 24, 2025 – FINRA regulatory action leading to permanent bar.
Risks to Investors
Misappropriation of funds is among the most serious forms of financial advisor misconduct. Elderly investors, in particular, are often targeted due to perceived vulnerabilities. Such misconduct can result in substantial financial loss, emotional stress, and difficulty in recovering stolen assets.
Recovery Options for Victims
If your financial advisor engaged in misconduct that caused you investment losses, you may be able to recover damages through FINRA arbitration. Brokerage firms have a duty to supervise their registered representatives, and failure to detect or prevent misconduct can make the firm liable for resulting losses.
FINRA Arbitration vs. Class Action
Most claims against financial advisors and their firms are handled through FINRA arbitration rather than a class-action lawsuit. Arbitration is typically faster and more cost-effective, with decisions made by an impartial panel rather than a jury.
Free Consultation with a Securities Attorney
If you suffered losses while working with Meredith Webber or another barred financial advisor, The White Law Group may be able to help you recover your investment losses. Call 888-637-5510 for a free consultation.
You can also visit www.whitesecuritieslaw.com for more information.
FAQs – Meredith Webber
What does it mean when a broker is barred by FINRA?
A FINRA bar prohibits an individual from associating with any FINRA-member firm in any capacity. This is typically a permanent sanction for serious violations such as fraud or refusal to cooperate with an investigation.
Can investors still recover money after a broker is barred?
Yes. Even if the broker is no longer registered, investors may pursue claims against the broker’s former firm through FINRA arbitration if the misconduct occurred while the broker was employed there.
How long do I have to file a claim?
The statute of limitations for securities claims can vary depending on the specific facts of the case, but FINRA typically requires claims to be filed within six years of the alleged misconduct.
