November 2020- Atlanta, GA
According to publicly available records, former Triad Advisors broker Mark Alex Reffett discloses a 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 April of 2020, a customer of Triad Advisors, –a previous employer of Reffett- filed FINRA case #20-01341 alleging claims of unsuitable investment strategy in alternative investments beginning in 2014 and continuing through 2016 with alleged damages of $1,575,881. The case is still pending.
Reffett was employed by Triad Advisors from 6/2013-3/2017. He is currently registered with ACG Wealth, Arkadios Capital and EPG Wealth Management. Reffett discloses business affiliations with Stratford Capital LLC and RCM Capital Holdings.
If you have losses in an account handled by Mark Alex Reffett , call to learn how you may be able to recover damages through FINRA arbitration.
Investors owning non publicly traded alternative investments, such as real estate investment trusts (REITs) and oil and gas partnerships may not have been aware of the meaning of illiquid when the investments were recommended to them by a financial advisor or stockbroker.
These investments generated high commissions for the firm and broker and were typically sold to unsuspecting with the promise of a steady dependable stream of income, a promise of steady or increasing value and with little discussion of the fact that the investment cannot be sold on any conventional exchange should a need for cash arise.
Many investors made the decision to purchase these investments without a clear understanding of the risks associated with them. Many purchased them not aware that they are illiquid.
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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