Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Virgil Folden (Folden), currently associated with Saxony Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Folden 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 $300,000.00 on October 22, 2022.
On 10/14/2015, Mr. Folden misrepresented the GWG Investments and failed to disclose material facts concerning these investments.