Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Hutchens (Hutchens), previously associated with Purshe Kaplan Sterling Investments, has at least one disclosable event. These events include one customer complaint, alleging that Hutchens 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 $95,000.00 on December 16, 2025.
On August 16, 2018, Claimants became clients of Monon Wealth Management, and terminated their relationship on June 28, 2023. On December 16, 2025, Claimants, through their counsel, submitted to Respondents a Demand for Restitution related to an investment recommended by Respondents (GWG Holdings L Bond) and breach of fiduciary duty during their relationship with Monon Wealth Management. A settlement was reached, and an agreement was signed by the Respondents on February 13, 2026 and by the Claimants on February 10, 2026.