Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Mcelwreath (Mcelwreath), currently associated with Arbor Research & Trading, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mcelwreath 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 $200,000.00 on February 29, 2024.
CLAIMANT ALLEGES JAVELIN SECURITIES LLC MARKETED A PARTICULAR INVESTMENT ON THE BASIS OF INSUFFICIENT DUE DILIGENCE, MISREPRESENTATIONS, NEGLIGENCE AND BREACH OF DUTY. THE DATES INCLUDED APRIL 2022 THROUGH JANUARY 2024, WHEN JAVELIN SECURITIES LLC CEASED AS A BROKER DEALER.