Kurt R. Baldry Investigation
May 2022- Ostego, MN
According to publicly recorded records, Kurt Russell Baldry, a broker with Ausdal Financial Services discloses a pending customer dispute and 2 prior customer disputes relating to real estate investments.
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 Case 22-690, a customer of Ausdal Financial Partners alleges that Baldry recommended unsuitable investments in limited partnerships and is seeking damages of $980,000.
In 12/2020, a customer of Ausdal Financial filed FINRA case 20-4166 alleging improper investment recommendations and failure to perform adequate due diligence in connection with the purchase of direct investments in real estate securities. That case was settled for $45,000 in 4/2022.
FINRA Rules require advisors to make suitable investment recommendations in accordance with the investors risk tolerance, investment objectives, net worth, age and other factors.
If you have losses in an account handled by Kurt Baldry, call to learn how you may be able to recover damages through FINRA arbitration.
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