Category Archives: Kalos Capital

David Mirolli-Kalos Capital, inc. Broker- Discloses Settled Customer dispute-Alpharetta, GA


November 2020- Alpharetta, GA

According to publicly available records, Kalos Capital, Inc.  broker David Mirolli discloses a settled customer dispute and 2 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 February of 2020, a customer of Kalos Capital, Inc. , alleged that Mirolli failed to conduct reasonable due diligence and recommended an investment strategy comprised of speculative and unsuitable securities pursuant to material misrepresentations and omissions by GPB Capital Holdings. The case settled for $55,000.

In September of 2020 a Triad Advisors and Kalos Capital Inc. in FINRA case #20-03081, a customer alleged an unsuitable investment strategy in alternative investments including GPB . the alleged damages are $1.2M.  This case is pending.

In August of 2020 in FINRA case #20-01818 a Kalos Capital, Inc. customer alleged that Mirolli did not conduct reasonable due diligence and recommended an unsuitable and high-risk investment with alleged damages of $360,570. The case is pending.

Mirolli has been employed by Kalos Capital Inc.  since November of 2015 and with Catalyst Wealth Management since March of 2015. Before that time he was with Triad Advisors, Inc.

If you have losses in an account handled by David Mirolli 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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Christopher Shaw- Former Kalos Capital Broker-Discloses Pending Customer Disputes-Charlotte, NC

October 2020-Charlotte, NC

According to publicly available records,  Christopher Shaw (CRD#5011382), a  stockbroker who was previously registered with  Pruco Securities & Kalos Capital,  discloses 3 pending customer disputes, a prior final customer dispute and a 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 4/2020 a customer of Kalos Capital filed FINRA case 20-1214 alleging that they did not qualify as an accredited investor and has no recollection of reviewing or signing the subscription documents. The customer seeks damages of $90,000 and the case is still pending.

In February of 2020,  a customer of Shaw’s previous employer , Kalos Capital Inc., filed FINRA case #20-00661 alleging that Shaw engaged in misrepresentation and unsuitable recommendations and is seeking damages of $500,000.   The case is still pending.

In November of 2019, a  Kalos Capital, Inc. customer filed FINRA case #19-03047 alleging breach of fiduciary duty and unsuitable investments and is seeking damages of $350,000. This case is pending.

In May of 2019, another Kalos Capital, Inc. customer filed FINRA case #19-01140 alleging unsuitable investments in alternative securities between November of 2012 and May of 2017 seeking  damages of $450,000.   That case was settled for $175,000 in 8/2020.

Shaw has been employed by Pruco Securities since May of 2019. Before that time he was employed with CJS Wealth Management, Clear Markets North America, Kalos Capital, Inc.,  Blackbird North America and Blackbird Europe.   

If you had an account with Christopher Shaw  that suffered losses, you may be entitled to collect damages from his prior employer. Call to discuss 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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Dale Johnson, Jr. -Stifel, Nicolaus & Company Broker-Discloses Pending Dispute-Abilene, TX

June 2020 -Abilene, TX

The FINRA records of Dale Franklin Johnson  , a stockbroker registered with StifelNicolaus & Company , disclose 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 September 2019,  a customer of Morgan Stanely & Co. filed  FINRA case #19-02913 alleging failure to supervise with respect to Financial Advisor’s management of trust account from 2004 until 2015.

Johnson has been employed with StifelNicolaus & Company since June  of 2020.    Prior employer was  Morgan Stanley.  Johnson discloses a business affiliation with Archives & Security, Inc.  in Abilene, TX.

If you have questions about an account handled by Dale Johnson, Jr.  call for a no charge consultation with an experienced securities attorney.

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.

International Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Jon Reppert-Former Madison Avenue Securities Broker-Discloses $18.3M Pending Customer Dispute-Addison, TX

April 2020 -Addison, TX

The FINRA records of Jon M. Reppert  , a former stockbroker  who was previously registered with Madison Avenue Securities , disclose an $18.3 million 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 December of 2019 a customer of Reppert’s previous employer, MML Investors Services, Inc. , alleges that a variable life insurance policy purchased was misrepresented.   The alleged damages are $18,300,000.   The case is pending.

Reppert was employed with Madison Avenue Securities 12/2017-12/2018. Prior to that he was employed by  Kalos Capital and MML Investors Services, Inc.   

Reppert discloses business  affiliations with Spectrum Advisors in Addison, TX,  and Advisors Excel in Topeka, KS.    

If you have questions about an account handled by Jon M. Reppert call for a no charge consultation with an experienced securities attorney .

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.

International Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Joseph Roop-Former Kalos Capital Broker-Discloses 6 Prior Customer Disputes & 1 Pending Customer Dispute-Belmont, NC

February- 2020 – Belmont, NC

The FINRA records of Joseph Patrick Roop,  a broker currently employed by  Dempsey Lord Smith,  disclose  6 prior customer disputes and 1 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 10/2018  a  customer of Kalos Capital, Inc.  was paid $90,000 to  resolve allegations of unsuitable investments and sale of securities by a rep that was not property registered in the State of Alabama.

Between 8/2010 and 1/2014, three Bank of America Investment Services customers were paid a total of $115,500 to resolve allegations including misrepresentation, omission of material facts,  excessive trading, unsuitable investments by Roop.

In 2/2009 and in 6/2009, two customers of Wachovia Securities were paid a total of $141,000 to resolve allegations that included unsuitable options trading.

In 5/2019 a Kalos Capital, Inc., client filed FINRA case #19-2019 alleging unsuitable investments in alternative investments and alleges damages of $450,000.  The case is pending.

Joseph Patrick Roop  has been employed with Dempsey Lord Smith since 7/2019.   Before that he was with Kalos Capital from 4/2009 until 7/2019.   He was previously with Wachovia Securities and bank of America Investment Services.    

If you have questions about an account  handled by Joseph Patrick Roop  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.

International Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870