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 James, Capital 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.
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