Debra Collura Bourne (also known as Debra Ann Bourne and as Debra Anne Bourne) a stockbroker formerly registered with First Standard Financial is referenced in a customer initiated investment related arbitration claim where the customer sought $2,000,000.00 in damages founded on accusations that (1) trades were executed by the stockbroker in an excessive manner during the period in which she was employed by First Standard Financial and (2) equities trades placed in the customer’s account failed to be suitable. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-00737 (Apr. 1, 2019).

FINRA Public Disclosure reveals that Bourne is referenced in four additional customer initiated investment related disputes pertaining to allegations of her violative conduct while employed with Oppenheimer Co. Inc., First Standard Financial and National Securities Corp. Specifically, she is the subject of a customer initiated investment related arbitration claim which was settled for $90,000.00 in damages based upon accusations that when Bourne was associated with National Securities Corp and Oppenheimer Co. Inc., contractual obligations had been violated; the customer’s account had been handled with poor care; over-the-counter equities transactions failed to be suitable for the customer; and fiduciary duties were not complied with. FINRA Arbitration No. 15-01550 (June 1, 2016).

Another customer filed an investment related arbitration claim concerning Bourne’s activities in which the customer requested $668,000.00 in damages supported by allegations that stock transactions effected in the customer’s account were unsuitable, and unauthorized trades were executed by the stockbroker which led the customer to experience unwarranted losses. FINRA Arbitration No. 19-00431 (Feb. 15, 2019).

Bourne is referenced in another customer initiated investment related arbitration claim where the customer sought $300,000.00 in damages founded on accusations that fiduciary duties owed by the stockbroker had been breached; the investment account was administered with poor care; and trades were effected in the customer’s account on an unsuitable and excessive basis. FINRA Arbitration No. 19-00752 (Mar. 25, 2019). Also, a customer filed an investment related arbitration claim regarding Bourne’s conduct in which the customer requested $2,000,000.00 in damages based upon allegations of excessive and unsuitable stock trading in the customer’s account during the time that Bourne was associated with First Standard Financial. FINRA Arbitration No. 19-00737 (Apr. 1, 2019).

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

Questions or comments regarding the source or accuracy of any information, including any subsequent developments, should be directed to:  [email protected]

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer.

Guiliano Law Group, P.C.

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitration.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

Stockbroker Fraud. Securities Arbitration and Investment Fraud Lawyers.  
National Practice. Contingent Fee. Confidential Free Consultation.

 (877) SEC-ATTY

1700 Market Street, Suite 1005
Philadelphia, PA 19103
Direct: (215) 413-8223
Toll Free: (877) 732-2889

1260 South Soto Street, Suite 7
Los Angeles, California 90023
Direct: (213) 255-3475
Toll Free: (877) 732-2889

2750 NE 185th Street, Suite 302
Aventura, Florida 33180-2877
Direct: (786) 490-2413
Toll Free: (877) 732-2889

See Important Disclaimer

Tags:

No comments yet.

Leave a Reply

Name (required)

Email (will not be published) (required)

Website