Jeffrey Kiesnoski Investigation
April 2022- Livonia, MI
The FINRA records of Jeffrey A. Kiesnoski, a Concorde Investment Services broker, disclose two prior customer disputes and two pending 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.
In June of 2021, FINRA case# 21-01581 was filed by a Concorde Investment Services customer alleging breach of contract, breach of duty of good faith and fair dealing, breach of fiduciary duty relating to an alleged hold recommendation given to the investor by Kiesnoski. The case settled for $8,500.
In May of 2021, FINRA case 21-01393, was filed by a Concorde Investment Services customer alleging breach of fiduciary duty, negligence, negligent misrepresentation and breach of contract with alleged damages of $876,000. The case is still pending.
In September of 2019, FINRA case 19-02562, was filed by a Concorde Investment Services customer alleging misrepresentation, fraud and unsuitable recommendations made by Kiesnoski with alleged damages of $1,000,000. This case is still pending.
Kiesnoski has been employed with Concorde Investment Services since 5/2015. Kiesnoski operates his business under the dba of Fortitude Investment Group.
If you have questions about an account handled by Jeffrey Kiesnoski, call for a no charge consultation to learn more about 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.
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