DID GARY THOMAS HUGHES CAUSE YOU INVESTMENT LOSSES?
Gary Hughes Formerly With Concorde Investment Services, LLC Has 4 Customer Complaints For Alleged Broker Misconduct
About Gary Hughes formerly with Concorde Investment Services, LLC?
Gary Hughes (CRD #1700976) has an extensive history in the securities industry, though he is not currently registered as a broker. Over his career, Hughes has been associated with numerous firms including Concorde Investment Services, LLC, Arque Capital, Ltd., and Questar Capital Corporation, among others. His professional background includes passing two general industry/product exams (Securities Industry Essentials Examination and General Securities Representative Examination) and two multi-state securities law exams (Uniform Combined State Law Examination and Uniform Securities Agent State Law Examination). His career has spanned multiple states, reflecting a broad regulatory engagement across the industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Gary Hughes Customer Complaints and Reviews
Gary Hughes’s BrokerCheck record includes several negative disclosures:
- Customer Disputes (4 incidents):
- Settled (2 incidents): These disputes involved allegations such as unsuitable investment recommendations and common law fraud, with settlements totaling significant amounts but no personal financial contribution from Hughes.
- Closed-No Action/Withdrawn/Dismissed/Denied (2 incidents): Claims included allegations of unsuitable annuity replacements and dissatisfaction with investment performance, which were either closed with no action or denied.
Allegations Against Gary Hughes
- Regulatory Accusations: Hughes was sanctioned by the California Department of Insurance for actions that violated regulatory standards, leading to the initial revocation of his insurance sales license.
- Customer Complaint Allegations:
- Unsuitability and Fraud: Hughes faced multiple allegations regarding the unsuitability of investment recommendations and fraudulent activities related to these investments.
- Negligence and Breach of Contract: Additional claims included negligence in handling investments and breaching contractual obligations towards clients.
Gary Hughes Red Flags & Your Rights As An Investor
Of course, Gary Hughes did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Gary Hughes at Concorde Investment Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Gary Hughes has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Concorde Investment Services, LLC also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Concorde Investment Services, LLC Due To Gary Hughes
If you have questions about Concorde Investment Services, LLC and/or Gary Hughes and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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