Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Wayne Hill (Hill), currently associated with Capital Investment Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hill 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 $277,000.00 on September 20, 2022.
The complaint listed purchases a total of $277,000 of GWG Holdings, Inc. from October, 2019 to March, 2021. A number of transactions, totaling $127,000, were purchased by [REDACTED] Farms and [REDACTED], who were not named plaintiffs in the complaint. [REDACTED] was the only named plaintiff for whom a transaction matched in name, who purchased $150,000 of GWG Holdings, Inc. in June, 2020.