Shawn Weadock: Alexander Capital Advisor Lands $1.6mm Complaint

Red Bank, New Jersey financial advisor Shawn Weadock (CRD# 2602704) recently received an investor complaint alleging that his conduct resulted in seven-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker with Alexander Capital.

Mr. Weadock’s BrokerCheck report discloses one investor complaint. Filed in October 2024, it alleges that as a representative of Alexander Capital, he breached his fiduciary duty, acted negligently, breached contract, violated FINRA Rule 2010, and engaged in fraudulent inducement. The pending complaint alleges damages of $1,694,000.

Alexander Capital’s website includes a profile of Mr. Weadock that describes his background and experience, including his work at Rafferty Capital and Jefferies Group. “[He] has over two decades of Wall Street experience with an extensive book of Institutional and Family Office clients,” it explains. “While at Rafferty, he was responsible for all Market Making activity and all trading operations. Prior to Rafferty, [he] was a Vice President at the Jefferies Group where he was a Distressed Equity Trader. He was responsible for making trading markets for large institutions and family offices.”

According to the Financial Industry Regulatory Authority, Shawn Weadock holds 28 years of securities industry experience. Based in Red Bank, New Jersey, he has been registered as a broker with Alexander Capital since 2016. His registration history includes National Securities Corporation, Burnham Securities, Rafferty Capital Markets, LaBranche Financial Services, Jefferies & Company, Wien Securities, MH Meyerson & Company, Herzog Heine Geduld, and Barron Chase Securities. He is licensed in California, Delaware, Florida, Maryland, Michigan, New Jersey, New York, Pennsylvania, Vermont, and Washington. (Information current as of November 27, 2024.)

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