Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Allen Soulek (Soulek), previously associated with Kovack Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Soulek recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $72,021.78 on July 10, 2023.
Client alleges that RR did not transfer the full amount of shares into her deceased mother’s new account in 2021 as requested due to a stock split, which resulted in an estate battle and additional costs.