Peachcap Securities

Advisor David Miller (Miller), currently employed by PeachCap Securities, Inc. (PeachCap Securities) has been subject to at least seven customer complaints during the course of his career. According to a BrokerCheck report the customer complaints concerns alternative investments such as direct participation products (DPPs) like non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and equipment leasing programs. The attorneys at Gana Weinstein LLP have represented dozens of investors who suffered losses caused by these types of high risk, low reward products.

In October 2019 a customer complained that Miller violated the securities laws by alleging that Miller engaged in sales practice violations related to mismanagement of her accounts from October 2015 to October 2016. The claim alleges $43,541 in damages and is currently pending.

In August 2019 a customer complained that Miller violated the securities laws by alleging that Miller made investment recommendations that the investor was unhappy with. The claim alleges $1.2 million in damages and is currently pending.

In June 2019 a customer complained that Miller violated the securities laws by alleging that Miller made investment recommendations that the investor was unhappy with. The claim alleges $550,000 in damages and was denied by the firm.

The securities attorneys at Gana Weinstein LLP are currently investigating Peachcap Securities, Inc. (Peachcap Securities) broker Aaron Brodt (Brodt). According to BrokerCheck Records kept by The Financial Industry Regulatory Authority (FINRA), Brodt has been subject to four customer complaints alleging breach of fiduciary duty and unsuitable investment recommendations. One of these disputes is currently still pending. In addition, Brodt has also been subject to one financial action.

Most recently, in May 2017, a customer alleges that from 2014 to 2015, Brodt breached his fiduciary duty and was grossly negligent in his recommendation of 4 investments that he placed the customer in.

In April 2016, a customer alleged that from May 2015 to October 2015, Brodt recommended unsuitable investments to the customer. The case was settled at $116,667.

Articles Tagged with Peachcap Securities

Advisor David Miller Has Complaints Over Alternative Investment Sales

Aaron Brodt Subject to Multiple Customer Complaints Alleging Breach of Fiduciary Duty