Were you recommended and sold UDF-related investments by Beth Debouvre of Grosse Pointe Farms, Michigan? Debouvre is registered with IMS Securities in Grosse Pointe Farms. According to a complaint filed with the Financial Industry Regulatory Authority (FINRA), Ms. Debouvre allegedly made misrepresentations related to the sales of equipment leasing programs and real estate investment trusts (REITs). REITs and UDF investments may not be suitable for all investors and a broker has an ironclad obligation to only recommend and sell those investments that are suitable for investors by taking into account their age, net worth, investment objectives and investment sophistication, among other factors. If the broker does not, her brokerage firm may be liable for losses.
According to her FINRA BrokerCheck report, Ms. Debouvre was registered with Banc One Securities in Chicago, Illinois from February 1999 until June 2001, D.H. Hill Securities in Kingwood, Texas from June 2001 until December 2003, and IMS Securities in Grosse Pointe Farms, Michigan from November 2003 until March 2017. She has three customer disputes against her, one of which is currently pending. She is not registered within the industry. Please call our securities law firm based in Chicago, Illinois if you suffered losses with Ms. Debouvre. We may be able to help you bring a claim against her firm, IMS Securities in the FINRA arbitration forum on a contingency fee basis. The call to us is free with no obligation so please call today as there is a statute of limitations on most cases. 312-332-4200.
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