Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jim Lund (Lund), currently associated with Cabot Lodge Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lund 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 $100,001.00 on February 28, 2023.
Claimants allege violations of federal and state securities laws, fraud, unsuitable recommendations, misrepresentations and omissions of material fact, breach of contract, breach of fiduciary duty, and negligence with regards to the purchases of GWG L-Bonds in 2018 and 2019 respectively.