Category Archives: Capital Investment Group

Kelly G. Richards-First Allied Securities Broker-Discloses Customer Dispute-Phoenix, AZ

September 2017-

The FINRA records of  Kelly Gene Richards , (CRD 4918409),   a  stockbroker who is currently  employed by  First Allied Securities, disclose a  currently pending customer dispute and a prior termination from employment.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In FINRA case #16-01743 a customer of Capital Investment Group seeks damages of $650,000  and alleges misrepresentation, fraud, negligent supervision and breach of fiduciary duty in connection with membership units in certain investments promoted by Richards & Graham.

In 8/2010 Richards was discharged from JPM Chase Bank who made the following allegation on his FINRA record: “Terminated by affiliate bank. Non securities related. Overall job performance including violating bank related procedures”. 

Richards has been registered with First Allied Securities since 4/2015. His prior employment includes Raymond JamesCapital Investment Group and Chase Investment Services. Richards discloses a business affiliation with RG Capital of Phoenix, AZ .

If you have questions about an account handled by Kelly G. Richards, call to learn about 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

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

 

Kelly G. Richards-FIrst Allied Securities Broker-Discloses Pending Customer Dispute-Phoenix, AZ

April 2017-Phoenix, AZ

The FINRA records of  Kelly Gene Richards ,  a  stockbroker who is currently  employed by  First Allied Securities, disclose a  currently pending customer dispute and a prior termination from employment.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In FINRA case #16-01743 a customer of Capital Investment Group seeks damages of $650,000  misrepresentation in connection with membership units in certain investments promoted by Richards.

Richards has been registered with First Allied Securities since 4/2015. His prior employment includes Raymond JamesCapital Investment Group and Chase Investment Services. Richards discloses a business affiliation with RG Capital .

If you have questions about an account handled by Kelly G. Richards, call to learn about 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

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

James T. Flynn-Former Voya Financial Advisors Broker-Discloses Customer Disputes / Outstanding Liens-Greenville, SC

MAY 2017-Greenville, SC

The FINRA records of  James Travis Flynn ,  a  former Voya Financial Advisors stockbroker  disclose 2 pending customer disputes, 4 prior final customer disputes, a termination from employment and 3 outstanding judgment/liens.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In a recent dispute a customer of Voya Financial Advisors seeks damages of $115,000 and alleges that he questioned the suitability of REIT investments and the replacement of a variable annuity policy.

In another currently pending matter,  a customer of Voya Financial and Brookstone Securities alleges damages in connection with a $575,000 investment in annuities and real estate investment trust (REITs) which they allege were unsuitable.

In February 2017  Flynn was discharged from Voya Financial Advisors who made the following allegation in connection therewith: “The representative provided misleading information to the Firm during a complaint investigation” related to a variable annuity.

Flynn discloses Federal Tax Liens of $256,165 and $18,837.

Jim Flynn is currently registered with IFS Securities. He was registered with Voya Financial Advisors 5/2013-2/2017, Capital Investment Group in Greer, SC, 7/2011-6/2013 and Brookstone Securities 9/2006-7/2011. He discloses a business affiliation with Flynn Insurance Group and Flynn Wealth Management.

If you have questions about an account  handled by James  (Jim) T. Flynn  , contact us to discuss 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

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Robert S. Graham-Former Capital Investment Group Broker-Named in Customer Arbitration-Scottsdale, AZ

April 2017-Scottsdale, AZ

The FINRA records of  Robert S. Graham ,  a  stockbroker who is currently unregistered and who last was employed by  First Allied Securities, disclose a  currently pending customer dispute.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In FINRA case #16-01743 a customer of Capital Investment Group alleges damages of $650,000 for breach of fiduciary duty, fraud and misrepresentation in connection with membership units in certain investments promoted by Graham.

Graham was registered with First Allied Securities from 6/2014-1/2015. His prior employment includes Capital Investment Group and Sagepoint Financial. Graham discloses a business affiliation with RG Capital Investment Advisory Services.

If you have questions about an account handled by Robert S. Graham, call to learn about 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

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Randy Burke Investigation- Former Stockbroker Calton & Associates-Hickory, N. Carolina

1/25/2016-Hickory, North Carolina

Rex Securities Law is investigating former Calton & Associates broker Randy W. Burke.

According to his FINRA brokercheck report, Burke was  barred from the securities industry October 2015, to resolve FINRA allegations that  between February 2008 and May 2011, while registered with Synergy Investment Group and Capital Investment Group (CIG) , he participated in private securities transactions without first providing notice to his member firm.

In addition, FINRA alleged that between February 2008 and June 2013, Burke, while registered with Synergy, Capital Investment Group  and Calton & Associates, made material misrepresentations and omissions in connection with the sale of private securities in violation of SEC and FINRA rules.

Burke provided false answers in response to annual certifications from his member firms regarding his outside business activities in violation of FINRA rules, the regulator alleged.

A former customer filed a complaint against Burke alleging that he had made misrepresentations to them in recommending an unsuitable real estate investment. That matter was resolved for over $264,000. Currently there is a customer dispute pending alleging a fraudulent investment in an entity called Lodge Alaska, LLC. That customer alleges that Burke utilized the invested funds for personal use.

Burke’s FINRA records reveal that he filed for Chapter 11 bankruptcy in January 2015.

We would like to speak with former customers of this broker who may have information helpful to this investigation. If you had losses in an account handled by Randy Burke, contact us to find out how you may be able to recover damages.

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

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870