Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Taylor Leary (Leary), previously associated with Forta Financial Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Leary 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 $50,000.00 on November 05, 2021.
Claimant’s allegations against Respondents FORTA FINANCIAL GROUP, INC. f/k/a PRESIDENTIAL BROKERAGE, INC. and Mr. Leary included: negligence, professional negligence, violations of law, unsuitable recommendations, negligent supervision, breach of contract, breach of fiduciary duty, and breach of securities industry rules and regulations. Mr. Leary denied any wrongdoing on his part, but ultimately the Respondents made the business decision to settle the case in order to avoid the costs and disruption associated with litigating this matter through arbitration.