Capital Investment Group

Broker Craig Mcdaniel in Capital Investment Group, INC. Firm Has Customer Complaint

May 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Craig Mcdaniel (Mcdaniel), currently associated with Capital Investment Group, INC., has at least 4 disclosable events. These events include 4 customer complaints, alleging that Mcdaniel 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 $42,000.00 on April 26, 2024.

Client invested in GWG Holdings L-Bonds. GWG Holdings, Inc. filed Chapter 11 bankruptcy on April 20, 2022. No Statement of Claim filed by client or opposing counsel.

There are Recent Customer Complaints with Broker Joseph Jackson in Firm Capital Investment Group, INC.

May 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Jackson (Jackson), currently associated with Capital Investment Group, INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Jackson 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 $100,000.00 on May 21, 2024.

The client invested in GWG Holdings L-Bonds in 2018. GWG Holdings, Inc. filed Chapter 11 bankruptcy on April 20, 2022. The complaint alleged breach of fiduciary duty, negligence and “REG BI”.

There are Recent Customer Complaints with Broker Cecil Creasy in Firm Capital Investment Group, INC.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cecil Creasy (Creasy), currently associated with Capital Investment Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Creasy 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 $10,618.27 on July 29, 2024.

The client contended that he terminated the investment advisory relationship with the Representative in December, 2023, The Representative continued to manage the account until the client contacted the firm on July 29, 2024. The Representative denied receiving any instruction from the client to cease the advisory relationship. The firm refunded the investment advisory fees assessed on the account since December, 2023.

Broker Brett Rutherford in Capital Investment Group, Inc. Firm Has Customer Complaint

March 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brett Rutherford (Rutherford), previously associated with Capital Investment Group, Inc., has at least 2 disclosable events. These events include one customer complaint, one regulatory, alleging that Rutherford recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on February 28, 2025.

Without admitting or denying the findings, Rutherford consented to the sanction and to the entry of findings that he failed to provide documents and information requested by FINRA in connection with its investigation into the circumstances giving rise to a customer arbitration.

Broker Bowman Nicholson in Capital Investment Group, Inc. Firm Has Customer Complaint

March 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Bowman Nicholson (Nicholson), currently associated with Capital Investment Group, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Nicholson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $100,000.00 on September 12, 2024.

GWG Holdings, Inc. filed Chapter 11 bankruptcy on April 20, 2022. Complaint alleges breach of contract and warranties, violation of state securities statutes, breach of fiduciary duty, claims under common law, and vicarious liability related to an investment in GWG L-Bonds.

Broker Joseph Beam in Capital Investment Group, Inc. Firm Has Customer Complaint

March 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Beam (Beam), previously associated with Capital Investment Group, Inc., has at least 7 disclosable events. These events include 7 customer complaints, alleging that Beam recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $225,000.00 on January 28, 2025.

GWG Holdings, Inc. filed Chapter 11 bankruptcy on April 20, 2022. The Statement of Claim alleged that the product recommended to, and purchased by clients, GWG L-Bonds, was unsuitable in nature. Allegations include violations of federal securities laws, violation of North Carolina Securities Act, violation of South Carolina Securities Act, breach of contract, common law fraud, breach of fiduciary duty and, negligence and gross negligence.

Broker Brett Rutherford in Capital Investment Group, Inc. Firm Has Customer Complaint

February 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brett Rutherford (Rutherford), previously associated with Capital Investment Group, Inc., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Rutherford recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $334,084.00 on December 04, 2024.

Accusations of breach of multiple FINRA rules and regulations, as well as firm policies. Claims include breach of fiduciary of duty, negligence, negligent misrepresentation, negligent supervision, breach of contract, and fraud and deceit.

Broker Tammie Farrell in Capital Investment Group, Inc. Firm Has Customer Complaint

February 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Tammie Farrell (Farrell), currently associated with Capital Investment Group, Inc., has at least 4 disclosable events. These events include 4 customer complaints, alleging that Farrell recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $100,000.00 on December 10, 2024.

GWG Holdings, Inc. filed Chapter 11 bankruptcy on April 20, 2022. Relative to specific investment+J184 made by clients, claims include violations of federal securities laws, violations of NC Securities Act, breach of contract, common law fraud, breach of fiduciary duty and, negligence and gross negligence.

Broker Anthony Pitta in Capital Investment Group, Inc. Firm Has Customer Complaint

February 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Pitta (Pitta), previously associated with Capital Investment Group, Inc., has at least 12 disclosable events. These events include 12 customer complaints, alleging that Pitta 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 $30,000.00 on December 13, 2024.

Client invested in GWG Holdings L-Bonds. GWG Holdings, Inc. filed Chapter 11 bankruptcy on April 20, 2022. No Statement of Claim filed by client or opposing counsel.

There are Recent Customer Complaints with Broker Joseph Beam in Firm Capital Investment Group, Inc.

February 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Beam (Beam), previously associated with Capital Investment Group, Inc., has at least 8 disclosable events. These events include 8 customer complaints, alleging that Beam recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $225,000.00 on January 28, 2025.

GWG Holdings, Inc. filed Chapter 11 bankruptcy on April 20, 2022. The Statement of Claim alleged that the product recommended to, and purchased by clients, GWG L-Bonds, was unsuitable in nature. Allegations include violations of federal securities laws, violation of North Carolina Securities Act, violation of South Carolina Securities Act, breach of contract, common law fraud, breach of fiduciary duty and, negligence and gross negligence.