Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marvin Vick (Vick), previously associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Vick 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 $86,437.42 on June 30, 2020.
Claimant alleges that starting in January 2015, respondent recommended he purchase shares in an unsuitable limited partnership, Vanguard Natural Resources (“VNR”), which caused him to incur $86,437.42 in taxes and penalties in his ROTH IRA.