April 2017-Winter Haven, FL
According to publicly available records Donnie E. Ingram, (CRD# 1416971) , a stockbroker who previously worked for Investors Capital Corp and who is currently employed by Centaurus Financial Inc. , disclose 5 pending customer disputes and 3 prior final customer disputes.
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.
The currently pending FINRA arbitrations include:
- 16-2238-a customer of Investors Capital Corp. alleges damages of $906,354 related to the purchase of unsuitable alternative investments during the period 2003-2015.
- FINRA arbitration 16-2599-a customer of Investors Capital Corp. alleges damages of $222,266 related to the purchase of unsuitable alternative investments in real estate and other investments during the period 2005-2011.
- FINRA arbitration 16-2304-a customer of Investors Capital Corp. alleges damages of $230,457 related to the purchase of unsuitable alternative investments in real estate and other investments during the period 2011-2012.
Ingram has been employed by Centaurus Financial since 7/2016. He was employed by Investors Capital Corp. from 2/1997-7/2016
In November 2016, Investors Capital Corp., a part of the Cetera Group, withdrew its FINRA registration and closed operations, transferring many of its brokers and customers to Summit Brokerage Services..
If you have questions about an account in an account handled by Donnie E. Ingram, contact us to discuss your legal 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.
Florida-561 391 1900