Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Buck (Buck), currently associated with Madison Avenue Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Buck 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 $882,557.00 on August 08, 2023.
The Statement of Claim is filed on behalf of ten claimants against four broker-dealers, including Grove Point Investments, LLC, involving the same investment – Centerpointe tenant in common interests offered by Cole Capital Partners, LLC. Claimants allege financial elder abuse, unsuitability, breach of fiduciary duty, and negligence. Grove Point is contesting the claims in full. Activity occurred May 14, 2007 to November 19, 2019.