Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Coleigh Mckay (Mckay), currently associated with Regions Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mckay 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 $30,418,671.50 on November 26, 2022.
Applicant Parties allege defendants (including Vanderbilt University) caused Applicant Parties “material losses and mental distress”. Vanderbilt University through their Office of Investments invested in the private equity fund (one of the Applicant Parties) managed by the Applicant Parties that ultimately failed and was liquidated in 2019.