Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Barry Lemay (Lemay), previously associated with Concorde Investment Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Lemay 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 $350,000.00 on May 17, 2021.
Claim alleges negligence, breach of fiduciary duty, negligent supervision, breach of contract, and violation of Michigan Uniform Securities Act relating to a $350,000 investment made in January of 2018.