Tag Archives: BAS Advisory Services

Steven E. Blanke-Capital Financial Services Broker-Discloses Customer Disputes-Garland, TX

May 2017-Garland, TX

The FINRA records of  Steven Earle Blanke ,  a  stockbroker who is currently registered with Capital Financial Services disclose a pending customer dispute, a prior final customer dispute and a prior financial event.

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 currently pending FINRA arbitration 16-01267 a customer of Capital Financial Services is seeking damages of $499,999 and alleges unsuitable investments and failure to supervise in connection with investments in alternative investments.  (direct investments, limited partnerships, oil & gas, real estate securities, equipment leasing).

In a prior matter, FINRA Case 15-0968, a customer of Capital Financial Services alleged damages of between $100,000-$300,000 for common law fraud, breach of fiduciary duty, failure to supervise and negligence in connection with investments in alternative products. That case settled in 8/2016 for $53,000.

Blanke has been registered with Capital Financial Services since 6/2006. He discloses a business affiliation with BAS Advisory Services in Garland, TX.

Blanke discloses the filing and discharge of a Chapter 7 bankruptcy in 8/2009. United States Bankruptcy Court-Northern District of Texas.

If you have losses in an account in an account handled by Steven E. Blanke , you may be able to recover damages through FINRA arbitration.

Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures.  These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.

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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Rex Securities Law

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