Category Archives: Kestra Investment Services

Stephanie D. Abee-Cambridge Investment Research Broker-Discloses Settlement of Customer Disputes-Raleigh, N.C.

May 2018- Raleigh, North Carolina

According to FINRA records, Stephanie Devan Abee,  a  stockbroker who is  currently employed by Cambridge Investment Research, disclose  settlement of two 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 FINRA Case 17-02873 a customer of her prior employer Kestra Investment Services (formerly NFP Advisors)  sought damages of $125,000 and alleged that the oil and gas investments Abee recommended were not liquid and not suitable and were sold based upon misrepresentations. That case settled for $25,000.

In FINRA Case 16-03045 a customer of her prior employer Transamerica Financial alleged that misrepresentations were made regarding the sale of unsuitable and illiquid investments. That case was resolved for $250,000.

Abee has been employed by Cambridge Investment Research since 4/2016.

If you have questions about an account handled by Stephanie Abee, call for a no charge consultation 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

Thomas P. Hoover- Kestra Financial Broker-Discloses Customer Dispute-Wichita, KS

April 2017-Wichita, KS

The FINRA records of  Thomas P. Hoover ,  a  stockbroker who is previously  registered with Carey, Thomas, Hoover & Breault  disclose a 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 pending FINRA arbitration 16-1821 a customer of Hoover’s prior employer, Carey, Thomas, Hoover and Breault  (7/1995-10/2016) alleges damages of $100,000 for losses on a real estate investment trust (REIT) purchased in 2011.

Hoover has been registered with Kestra Investment Services since 10/2016.

If you have questions about an account handled by Thomas P. Hoover, call to learn about 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

Joshua E. Danforth-Kestra Investment Services Broker-Discloses Termination of Employment-Little Rock, AR

April 2017,  Little Rock, AR

According to publicly available records Joshua E. Danforth, (CRD# 4884480 ),  a  stockbroker who is currently registered with Austin, Texas based Kestra Investment Services discloses an employment separation after allegations.   

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.

Danforth was discharged from Merrill Lynch, Pierce, Fenner & Smith, Incorporated in May 2016 who made the following allegation in connection therewith: “conduct including alteration of client documents”.

Danforth has been employed by Kestra since 7/2016. He was employed by Merrill Lynch from 5/2005-6/2016.

If you have losses in an account handled by Joshua E. Danforth, contact us to learn how you may be entitled 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

 

Matthew T. Griffith-Former Kestra Investment Services Broker-Discloses Settlement of Customer Dispute-San Diego, CA

UPDATED April 2018

FINRA records disclose that Matthew T. Griffith is no longer registered with Kestra Investment Services as of 4/2018. In addition FINRA records disclose that FINRA customer arbitration  #17-0186, discussed below, was settled in 3/2018 for $136,000.

Original Post-April 2017-San Diego, CA

According to publicly available records Matthew T. Griffith, (CRD# 4175049) ,  a  stockbroker who is currently registered with Austin TX based,  Kestra Investment Services discloses a currently 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 FINRA arbitration case #17-0186 a customer of Kestra Private Wealth Services alleges damages of $550,000 for unsuitable investments in equities during 2015.

Griffith has been employed by Kestra since 3/2014. Prior to that he was employed by Merrill Lynch.  Griffith discloses a business relationship with 1626 Wealth Management of San Diego.

If you have losses in an account handled by Matthew T. Griffith, contact us to learn how you may be entitled 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

Joshua E. Danforth-Former Merrill Lynch Broker-Discloses Separation From Employment-Austin, TX

April 2017,  Austin, TX

According to publicly available records Joshua E. Danforth, (CRD#4884480),  a  stockbroker who is currently registered with Kestra Investment Services discloses an employment separation after allegations.   

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.

Danforth was discharged from Merrill Lynch, Pierce, Fenner & Smith, Incorporated in 5/2016 who made the following  allegation in connection therewith:   “Conduct including alteration of client documents”.

Danforth has been employed by Kestra Investment Services since 7/2016.

If you have losses in an account handled by Joshua E. Danforth, contact us to learn how you may be entitled 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