Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Scanlon (Scanlon), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Scanlon 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 $230,000.00 on January 22, 2024.
Arque Capital and Matthew Scanlon conduct breached its fiduciary duty to the Claimants by making material misrepresentations and omissions and selling highly speculative unsuitable investments in large concentrations.