Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Larry Clayton (Clayton), previously associated with Arete Wealth Management, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Clayton 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 $312,000.00 on February 01, 2024.
In 2024, a customer filed an arbitration claim with the American Arbitration Association.\\u00a0 The statement of claim alleged violations of state securities statues, consumer protection laws, and common law claims.\\u00a0 The matter was resolved though settlement without any admission of liability and the arbitration was dismissed with prejudice in 2025.