JUNE 2018- Clearwater, FLA
We are investigating the Csenge Advisory Group on behalf of an elderly lady who alleges that she was sold an unsuitable real estate investment trust (REIT).
In February 2016 a Financial Industry Regulatory Authority (FINRA) arbitration panel ordered FSC Securities and Kulig, to pay two of their customers, a married couple, $65,333 plus interest and costs. The couple filed their case seeking damages as a result of the broker’s recommendation that they invest in American Capital Properties, a real estate investment trust (REIT). FINRA Case# 15-193.The couple alleged they were seeking a safe and conservative investment and that the American Capital Properties REIT was unsuitable for their risk tolerance and investment goals.
FINRA records report that Kulig, of Clearwater, FL, has been licensed with FSC Securities since 1998 and that he has been associated with the Csenge Advisory Group, also located in Clearwater, since 2011.
REITs have been sold to many investors with representations that it is a safe and conservative investment, with the promise of regular income distributions and an expectation that the principal is secure. Many investors have found these promises to be untrue.
If you have losses in an account handled by Henry J. Kulig, III, you may be able to recover damages through FINRA arbitration. Call for a no charge consultation to discuss your options.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Nationwide Representation
TollFree: 877-224-3199
Florida-561 391 1900
Texas-512-329-2870