Financial Advisor, Kevin Wilson, Has Four Pending Customer Complaints Filed In 2017-2018
The Wolper Law Firm is currently investigating claims against Kevin Wilson, a Financial Advisor at National Securitis Corp. in New York, NY. Thomas Olexa has been in the securities industry since 1999 and previously worked for Laidlaw & Company, where he was employed when the alleged sales practice misconduct occurred, which gives rise to the customer complaints.
to publicly available records released by the Financial Industry Regulatory
Authority (FINRA), on November 27, 2018, a customer filed a complaint against Kevin
Wilson, alleging “
Client alleges unsuitable recommendations from 2014-2017.” The allaged damages are $500,000 and the matter remains pending.
In addition, three other complaints are pending against Kevin Wilson, alleging sales practice violations:
- October 2018—”Client alleges unsuitability from 2010 to 2017.” Alleged damages are $2 million and the matter remains pending.
- July 2018—”CLIENT ALLEGES UNSUITABILITY AND OVER CONCENTRATION FROM 2009 TO 2017. The alleged damages are $457,000 and the matter remains pending.
- December 32017—The client alleges “misrepresentation.” Alleged damages are $75,000 and the matter remains pending.
For a copy of the Kevin Wilson’s CRD, click https://brokercheck.finra.org/individual/summary/3262701#disclosuresSection
Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis. Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. We can be reached at 800.931.8452 or by email at email@example.com.