Wedbush Securities Bryan Gill activities subject of Nevada Secretary of State Order
securities attorneys at The Law Office of David Liebrader have opened an investigation into the sales activity of Bryan Gill, a North Las Vegas based former registered representative and investment advisor formerly affiliated with Wedbush Securities, who was investigated for doing business out of an unlicensed branch office in North Las Vegas. Gill has been the subject of at two customer complaints that went to arbitration, resulting in awards to the customers.
The administrative action that gives rise to this investigation is the NV Secretary of State (Securities Division) administrative order dated September 17, 2017: “In the matter of Wedbush Securities, Inc.” In its findings of fact, the Securities Division found that Bryan Gill, while licensed with Wedbush Securities did business out of an unlicensed branch office in North Las Vegas. According to the finding of fact in the order, the Secretary of State began inquiring into Gill’s activities in North Las Vegas beginning in August, 2016. Subsequent notices were sent in October, 2016 and March, 2017 asking for information. On May 3, 2017 investigators for the NV Secretary of State’s Securities Division attempted to conduct an on-site inspection of Gill’s unlicensed branch office but Gill refused to admit his identity to the investigators. Finally, in May, 2017 Wedbush provided the NV SOS with documents establishing that Gill was conducting securities related business out of the North Las Vegas location from July, 2016 through May 2017 while the branch was not licensed.
As a result of Bryan Gill conducting business out of an unlicensed branch location, Wedbush Securities was found to have been operating an unlicensed branch office in violation of the Nevada Securities Act and was ordered to pay a fine and the costs of the investigation. Bryan Gill terminated his affiliation with Wedbush Securities in December, 2018.
Bryan Gill registration and disciplinary history
In order to lawfully sell investments to the public, an individual must either be registered or exempt from registration. FINRA maintains a database that the public can access to check the credentials of firms and their financial advisors. The website, also known as broker check has a listing for Bryan Gill, who has been the subject of three customer complaints; two of which resulted in arbitration awards to customers, and one that was settled
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The Law Office of David Liebrader practices exclusively in the field of investment loss recovery. For the past 23 years, we have dedicated our law practice to assisting investors who have been victims of investment fraud via fraudulent and unsuitable investment transactions. During that time we have recovered money for over one thousand individuals, pension plans, trusts and companies. The recoveries we have obtained via judgments, awards and settlements on behalf of our clients exceed $40,000,000.