May 2017 – Garden City, NY
According to publicly available records Blake H. Kiernan (CRD#4477243) , a stockbroker currently not registered, but was previously registered with Woodstock Financial Group, Inc., and Four Points Capital Partners, discloses three 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 #15-00736 a customer of Woodstock Financial Group, Inc. alleged churning, unsuitability, unauthorized trading, negligence, breach of contract and misrepresentation seeking damages $197,656.98. The case was settled for $71,500 in 8/2016.
In pending FINRA case #17-00630 a customer of Woodstock Financial Group, Inc. alleges fraud, excessive trading, churning, unauthorized trading, Iowa consumer fraud, breach of fiduciary duty, unsuitability, breach of contract, and negligent unjust enrichment and seeks damages of $200,000.
FINRA case #15-03356, filed by a customer of Woodstock Financial Group, alleges unsuitability, failure to supervise, and breach of fiduciary duty and seeks damages of $108,825. This case is pending.
Kiernan was employed by Woodstock Financial Group from September /2008 to May /2013. He was then employed with Four Points Capital Partners until June of 2014.
If you have questions about an account in an account handled by Blake H. Kiernan , contact us to discuss 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.
Florida-561 391 1900