Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker King Cavalier (Cavalier), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cavalier 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 $80,000.00 on June 14, 2023.
Former client alleges that she informed FA she intended to use a specified amount of funds from her investment account in the short term to buy a home but that FA improperly invested those funds in stocks and US Treasury bonds resulting in a loss.