Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Cappel (Cappel), currently associated with Money Concepts Capital CORP, has at least one disclosable event. These events include one customer complaint, alleging that Cappel 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 $50,000.00 on September 21, 2021.
Statement of Claim alleges reasonable due diligence was not conducted on GPB, that client’s investment was misrepresented and that investment was unsuitable because it was misrepresented. RR denies allegations and intends to vigorously defend himself against these claims.