Today, a disciplinary panel fined and suspended Edward Wedbush and his firm, Los Angeles, California-based Wedbush Securities for the “persistent and egregious” failure to file timely and accurate regulatory reports, including information regarding stockbroker misconduct, despite repeated warnings. The firm was fined $300,000. Edward Wedbush was fined $30,000 and suspended from all supervisory duties for 31 days.
Our securities law firm has successfully resolved several customer claims against Wedbush Securities. If you have any questions regarding Wedbush Securities, please feel free to contact us.