How Can I Recover My Losses With Joseph Murphy and B.C. Ziegler

Joseph Murphy, a registered broker at B.C. Ziegler in Middleton, Wisconsin, was recently fined $5,000 and suspended from the industry for 10 business days by the Financial Industry Regulatory Authority (FINRA) for allegedly exercising discretion in client accounts that were unrelated, non-discretionary accounts. Mr. Murphy did not obtain written authorization from the clients to exercise discretion in transactions in their accounts, and his firm did not approve these accounts for discretionary trading. He allegedly executed them by verbal authority from the clients, but the transactions did not occur on the same days that the clients authorized the transactions. These are against FINRA rules and firm policies.

Mr. Murphy was previously registered with RBC Capital Markets in Madison, Wisconsin and is currently registered with B.C. Ziegler and Company in Middleton, Wisconsin and has been since February 2016. If you suffered losses because of Mr. Murphy and would like to have a free consultation with one of our attorneys, please call 312-332-4200 today. We are securities attorneys based in Chicago and Barrington, Illinois. We help investors who have lost money recover their losses on a contingency fee basis in the FINRA arbitration forum. You only pay us if you receive money.