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Brian Hardwick Was Recently Sanctioned by FINRA


Brian HardwickPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 8, 2017 indicate that former Texas-based Red River Securities broker Brian Hardwick has been sanctioned by FINRA in connection to alleged rule violations and barred from acting as a broker or otherwise associating with firms that sell securities to the public. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Hardwick (CRD# 4522460).

Brian Hardwick has spent 8 years in the securities industry and was most recently registered with Red River Securities in Plano, Texas (2009-2014). Previous registrations include Sethi Financial Investments in Plano, Texas and Texas Securities in Carrollton, Texas (2002-2009). He is currently not registered with any state or firm.

According to his BrokerCheck report, Brian Hardick was recently sanctioned by FINRA and has received two pending customer complaints.

In March 2017 FINRA sanctioned Brian Hardwick following allegations he materially misrepresented joint venture offerings organized as oil and gas drilling general partnerships. FINRA found that Mr. Hardwick misrepresented to investors that wells that had been previously drilled were in production and profitable, which they were in fact not, and also that he allegedly “failed to disclose conflicts of interests” and “failed to disclose to investors that they were investing in a ‘wildcat’ well that was subject to additional specific development risks than those disclosed in the offerings for well drilling in general and failed to disclose to the investors that the purportedly independent geologist report in the offering had actually been written by Hardwick himself.” He was ordered to pay a monetary penalty exceeding $16,000 and restitution exceeding $16,615,000, and was barred from acting as a broker or otherwise associating with firms that sell securities to the public.

In 2012 a customer alleged he, while employed at Regal Energy, made misrepresentations of material facts, violated Texas securities laws, acted negligently, and committed fraud. The customer is seeking $5,891,625 in damages in the pending complaint.

If you have complaints regarding Brian Hardwick, call firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recover your losses. All cases are taken on a contingency basis: we only get paid if and when you collect money. The law sets a limited window to file complaints, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.